SpreadCo Guide – Read our In-Depth SpreadCo Review
SpreadCo Rating: 4.43 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This SpreadCo review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this SpreadCo review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you're a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program will create hefty returns. SpreadCo is one such platform that will take you and your investment to great heights. It's important that you know about SpreadCo until you trust them with your money.
SpreadCo Review – Brief Summary
SpreadCo Telephone Number:
SpreadCo Email Address:
Financial Conduct Authority (FCA)
Number Of Clients:
10,000+ SpreadCo users and traders
SpreadCo Facebook Likes:
SpreadCo Twitter Followers:
SpreadCo Instagram Followers:
Losses can exceed deposits
|SpreadCo Telephone Number:|
|SpreadCo Email Address:|
|Regulated By:||Financial Conduct Authority (FCA)|
|Number Of Clients:||10,000+ SpreadCo users and traders|
|SpreadCo Facebook Likes:||0|
|SpreadCo Twitter Followers:||0|
|SpreadCo Instagram Followers:||0|
Losses can exceed deposits
Our entire SpreadCo Review covers everything you will need to know about trading using SpreadCo. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
SpreadCo is a broker that has forged its way successfully into the brokerage world. In this review, we have tried to collate a number of the important facets of SpreadCo. This review will allow you to understand whether SpreadCo is a good match for your investments or not. We've tried to breakdown all the qualities and fees for your convenience.
SpreadCo Review, Table Of Contents
- Who are SpreadCo?
- Benefits Of Trading With SpreadCo
- Everything you should know about trading with SpreadCo
- Is SpreadCo Safe To Trade With?
- SpreadCo Risk Disclaimer
- Pro's & Con's Of Trading With SpreadCo
- Compare Brokers Similar To SpreadCo
- Regulation And Licencing In More Detail
- SpreadCo Awards
- Minimum Deposit Required For A Live Account With SpreadCo
- SpreadCo Commission And Fees Explained
- Compare broker fees against SpreadCo
- SpreadCo Withdrawal Fees Explained
- SpreadCo Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With SpreadCo?
- Alternatives To SpreadCo
- Frequently Asked Questions About SpreadCo
Who are SpreadCo?
SpreadCo is a foreign exchange broker headquartered in London and provides a range of instruments for trading. Since its beginning in 2005, SpreadCo has emerged as a leading player in the industry of online brokerage. SpreadCo has a highly competitive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.
Over the past 16 years, SpreadCo has grown into one of the leading online brokers.
After establishing in 2005, their client base is becoming as big as 10,000+ clients.
SpreadCo is the favourite of many traders.. Our SpreadCo review discovered that they're an superb alternative for automated trading options. It is best suited for investors that are searching for an assortment of assets. Social and automated trading options are the heart at SpreadCo.
Technology plays a substantial role in SpreadCo. SpreadCo offers trading on Web Trader, Tablet & Mobile apps. SpreadCo is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The trader resource section at SpreadCo is very enlightening for new dealers as it permits them to get a closer look at the financial markets. SpreadCo caters to all types of traders and are a must-have broker for any well-diversified method of online trading.
If you feel that SpreadCo is not right for you then at the bottom of this SpreadCo review you wil find a lot of alternatives to SpreadCo.
What you ought to know about trading with SpreadCo
SpreadCo is a lively platform that provides various techniques of trading. These instruments cover the monetary markets substantially. Most of the brokerage platforms offer fewer procedures than SpreadCo
If you want to trade with SpreadCo, you'll need a minimum deposit of $100. This deposit is required if you wish to begin trading with SpreadCo. This 2021 SpreadCo review will guide you clearly about trading with them.
SpreadCo is as versatile as any other brokerage platform. SpreadCo is great for traders who want a manageable selection of low-cost services. The programs supplied by SpreadCo are third party, white-label offerings. All traders may select from Web Trader, Tablet & Mobile apps.
Along with everything, SpreadCo has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction has to be kept available. The brokers provide premium client service that rewards clients with benefits.
Many less reputable brokers attempt to pressurise consumers into bigger funding for superior services. SpreadCo, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more benefits will become available.
SpreadCo accounts are available around the world and provides outstanding service everywhere they have customers. There are only a select few countries where SpreadCo accounts are not available. Traders in the following countries cannot open or use a SpreadCo account:
BR, KR, IR, IQ, SY, JP, US
Is SpreadCo Safe To Trade With?
Launched in 2005, SpreadCo has been in operation for 16 years, they have a head office in London.
SpreadCo is regulated by Financial Conduct Authority (FCA). These figures have rules that ensure that trading platforms have ploicies in place to maintain investor's resources procured. This usually means that SpreadCo users don't need to worry about their money since it's segregated and safely stored in established banks. SSL encryption simplifies each user's personal information also.
You can make use of a choice for 2 Factor Authentications (2FA) with SpreadCo for increased security. An SMS with the verification code will be sent to a mobile phone. You'll be required to enter this code to log into your accounts.
Another concern with financial brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. However, this is more prevalent in the case of Market Maker agents who compete with customers on the platform.
SpreadCo Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With SpreadCo
Every online trading platform will have a few pros and cons SpreadCo review would be complete without having a balanced approach. This SpreadCo review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- SpreadCo is trusted by 10,000+ clients
- SpreadCo has low minimum deposit requirements
- SpreadCo doesn't charge inactivity fees
- SpreadCo offers social trading
- SpreadCo offers trailing stop
- SpreadCo offer trading on Web Trader, Tablet & Mobile apps
- SpreadCo offer trading instruments
- SpreadCo trades major forex pairs
- SpreadCo trades minor forex pairs
- SpreadCo trades exotic forex pairs
- SpreadCo can communicate in English, and Chinese
- SpreadCo does not offer Negative Balance Protection
- SpreadCo does not offer Guaranteed Stop Loss
- SpreadCo charge withdrawal fees
- SpreadCo charge deposit fees
- SpreadCo doesn't offer trading on cryptocurrencies
- SpreadCo charge CFD fees
- SpreadCo doesn't offer copy trading
SpreadCo Review - Compare Brokers Similar To SpreadCo
|Rating||4.43 / 10||4.75 / 10||4.56 / 10||4.5 / 10|
|Regulated By||Financial Conduct Authority (FCA)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239||Unregulated||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F298|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||Your capital is at risk|
SpreadCo Review - Regulation And Licencing In More Detail
SpreadCo is regulated by Financial Conduct Authority (FCA).
SpreadCo, as a company, has a strong set of rules for ensuring fair trading on its own platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
SpreadCo Review - AwardsAt the time of writing this SpreadCo review, and despite SpreadCo’s impressive offering, the company has surprisingly not garnered any other awards to date.
SpreadCo Trading Platforms
SpreadCo are a reputable broker that has been trading for over 16 years. They offer a wide range of options in their client accounts.
Below we take the main parts of any reputable online broker and compare SpreadCo with fx private, Nutmeg, and questrade
SpreadCo Review - Minimum Deposit Required
The minimum deposit that you must deposit to get started on SpreadCo is $100. This is an adequate amount for those just starting out. It's possible to create more advanced residue as you cooperate. However, ensure you know how to make the most of your cash before investing in larger amounts.
SpreadCo Review - Commission And Fees Explained
SpreadCo is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of fees for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're paying a spread, financing speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for things like depositing money, not trading for long periods, or withdrawals.
Generally, SpreadCo doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often trade, such as daily or weekly trading.
But, non-trading fees charged by SpreadCo are relatively competitive. As a result, you're billed more for non-trading actions on your trading account, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This SpreadCo review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against SpreadCo
SpreadCo Review - Withdrawal Fees Explained
SpreadCo charges a withdrawal fee if you create a bank transfer. Each time you move money into your bank account, these withdrawal charges become applicable.
Withdrawal of money is possible at any time from the SpreadCo account. It's possible to draw sums up to the amount of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't always need to have any cash on your account.
In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. SpreadCo will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're opting to draw in.
SpreadCo Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your head when open an account with SpreadCo. An inactivity fee is an amount charged to registered dealers who haven't participated in buying or selling for a while. The period considered inactive is determined by the broker.
The inactivity fee differs from one agent to another and is not standardized. If a dealers account does not have a buying or selling transaction, it's maintained by the broker as an inactivity charge. The traders need to pay this commission under terms and conditions that they had consented while registering.
SpreadCo doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges have been indicated by SpreadCo, it is best that you close the account if you are inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is exposed to many circumstances and needs to be disclosed clearly by the agent beforehand.
SpreadCo Review - Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this operation.
SpreadCo charges a deposit fee for transferring money into your trading account.
Depositing cash on the SpreadCo trading platform is simple. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You will have to provide an identity proof and proof of residency to deposit large amounts.
SpreadCo Review - Compare Broker Deposit Methods
What Can You Trade With SpreadCo?
Note: SpreadCo provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will differ depending on the country of residence of the client.
SpreadCo has a wide variety of over instruments available for you to trade with.
If trading forex pairs is of interest to you then SpreadCo offer over 45 forex pairs.
Compare SpreadCo, fx private, Nutmeg & questrade below.
Reviewing The SpreadCo Mobile App
Note: SpreadCo's mobile app has a lot of functions and is being constantly improved. The table below was correct at the time of writing this SpreadCo review.
Understand the capabilities of the mobile apps of SpreadCo, fx private, Nutmeg & questrade below.
Alternatives To SpreadCo
If, after studying this SpreadCo review, they do not quite meet your needs check out these SpreadCo alternatives.
We've scoured the web to find the best alternatives to SpreadCo. Click the links below to learn more.
Frequently Asked Questions about SpreadCo
Can I try SpreadCo before I buy?
Yes, you can most certainly try SpreadCo before you buy. SpreadCo offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demo account on SpreadCo, you will set out using a decent amount of virtual money. It is to establish a sense of safety and confidence in you before you decide to invest your own money.
With this digital SpreadCodemo account, you can experiment at all, to whatever length you desire. You might also open positions, test different trading approaches, and more.
SpreadCo specifies on its official website which you are able to exchange real time stocks in a demo account.
Is SpreadCo safe?
You can drop all of your worries since we believe that SpreadCo is totally safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA).
Nevertheless, SpreadCo doesn't provide assured stop-loss protection.
Why does SpreadCo ask for my passport?
The reason that SpreadCo asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, SpreadCo has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, SpreadCo must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with SpreadCo?
The process to start trading withSpreadCo is perhaps simple enough to be a cakewalk. You need to begin by signing up on the SpreadCo website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with SpreadCo is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with SpreadCo.
The best way to kickstart your trading career with SpreadCo is to open a demo account facility before risking any real money
What funding methods do SpreadCo accept?
There are multiple methods to fund your account with SpreadCo. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal is not available in every place. The currencies SpreadCo
Is my money safe with SpreadCo?
Yes, your money is safe and secure with SpreadCo. As you already know, SpreadCo operates with proper conformation to. It has established plenty of measures to guard all its own investors.
SpreadCo safeguards its customers' private and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to enable Two-Step Verification as well. It requires an SMS affirmation for you to get your accounts.
Is SpreadCo trading good?
Yes, trading through SpreadCo is a nice and decent experience indeed. It is a great and intuitive platform with useful features for your ease. Moreover, you can even obtain access to a huge collection of educational tools and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to open a eToro demo account and assess the credibility of the platform on your own.
Which Countries does SpreadCo support?
SpreadCo operates around the globe. However, due to regulations there are some countries that SpreadCo does not accept clients from BR, KR, IR, IQ, SY, JP, US
Is SpreadCo legit?
SpreadCo is a legit company headquarted in London since 2005. They are regulated by Financial Conduct Authority (FCA). SpreadCo is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is SpreadCo a good broker?
SpreadCo is a great broker, and its users can vouch for it. The highlight of the platform is its fast order execution on trades.
You will find the clean layout of this platform along with the commendable features a pleasure to work with.
Is SpreadCo a trustworthy broker?
Yes, SpreadCo is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for SpreadCo?
The minimum deposit to open a live account with SpreadCo is $100
How long do SpreadCo withdrawals take?
Normally, withdrawal of money from SpreadCo is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from SpreadCo to show in your bank account.
Are SpreadCo regulated?
SpreadCo are regulated by Financial Conduct Authority (FCA)
Is SpreadCo a market leading broker?
SpreadCo is currently among the business leaders. It supports over 10,000+ registered users and over 16 years of experience on its record. They're among the world's leading trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad selection of tools plus resources so you may invest in capital markets.
Is SpreadCo a con?
No, SpreadCo is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that SpreadCo is not a scam.
Can you make money with SpreadCo?
Through SpreadCo, many traders make a lot of cash. But typically, through consistent trading, you can make between 2% - 10% profit a month.
This may seem like a small number, but within the year, this adds to a substantial amount of gains. While SpreadCo supply you all the tools to earn money, they cannot guarantee that you will gain.
Does SpreadCo have fees?
Yes. To start trading using SpreadCo, you have to deposit $100. Certain commissions while trading additionally applies. Any processing fees from your bank will need to be incurred by you.
When was SpreadCo founded?
SpreadCo was founded in 2005 in London. SpreadCo is regulated by Financial Conduct Authority (FCA).
How many people use SpreadCo?
SpreadCo is a globally recognised broker with 10,000+ customers.
Where is the SpreadCo head office?
SpreadCo has its head office in London
Does SpreadCo offer negative balance protection?
No. SpreadCo doesn't provide negative balance protection. If your balance is unfavorable, SpreadCo suggests you promptly contact customer services. With this, you are able to correct any imbalances in your own account.
Does SpreadCo offer guaranteed stop loss?SpreadCo unfortunately, doesn't provide guaranteed stop loss. SpreadCo gives an opportunity to its dealers to close their trades at their given price. Aside from this, SpreadCo doesn't provide guaranteed stop loss.
Does SpreadCo allow scalping?Yes, SpreadCo do allow scalping. Several traders throughout the world choose SpreadCo due to their scalping services. They offer trading on Web Trader, Tablet & Mobile apps which let this.
Does SpreadCo allow hedging?
Yes, SpreadCo does allow hedging.
Can you trade energies with SpreadCo?
Yes, you can trade energy stocks with SpreadCo
Can you trade agricultural shares with SpreadCo?
Yes, you can trade agricultural stocks with SpreadCo
Can you trade cryptocurrency with SpreadCo?
No, unfortunately you cannot trade cryptocurrency with SpreadCo
Can you trade metals with SpreadCo?
Yes, you can trade metals with SpreadCo
Can you trade UK Shares with SpreadCo?
Yes, you can trade UK shares with SpreadCo
Can you trade US Shares with SpreadCo?
Yes, you can trade US shares with SpreadCo
Can you trade Japanese Shares with SpreadCo?
No, unfortunately you cannot trade Japanese shares with SpreadCo
Can you trade German Shares with SpreadCo?
Yes, you can trade German shares with SpreadCo
Does SpreadCo accept bank transfers?
Yes, SpreadCo accepts bank transfers for depositing money.
Does SpreadCo accept credit cards?
Yes, SpreadCo accepts credit cards for depositing money.
Does SpreadCo accept PayPal?
No, SpreadCo does not accept PayPal.
Does SpreadCo accept Skrill?
No, SpreadCo does not accept Skrill.
Does SpreadCo accept Payoneer?
Yes, SpreadCo accepts Payoneer for depositing money.
Does SpreadCo accept Neteller?
No, SpreadCo does not accept Neteller.
Does SpreadCo offer Live Chat customer support?
Yes, SpreadCo offers customer support through live chat.
Does SpreadCo offer phone customer support?
Yes, SpreadCo offers customer support over the telephone.
Does SpreadCo offer email customer support?
Yes, SpreadCo offers customer support through email.
What languages can SpreadCo communicate in?
SpreadCo has the ability to communicate and support customers who speak: English, and Chinese
Does SpreadCo have a wikipedia page?
No, SpreadCo does not have an official wikipedia page.
Does SpreadCo offer demo accounts?
Yes, SpreadCo offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before risking a live account.