Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FOREX.com and Spreadex both launched in 1999, offering years of experience in the online trading industry. While neither is a bank, FOREX.com stands out as a publicly traded company, enhancing its transparency. Conversely, Spreadex remains privately held. Their reputations differ significantly; FOREX.com holds an impressive rating of 99 on ForexBrokers.com's Trust Score, categorizing it as highly trusted. In contrast, Spreadex's score sits at 71, indicating an average risk level for traders.
When it comes to regulatory credibility, FOREX.com holds an upper hand with seven Tier-1 licenses, which are highly trusted, along with one Tier-2 licensed marked as trusted by ForexBrokers.com standards. Spreadex, however, holds just a single Tier-1 license and no Tier-2 licenses. This difference in regulatory accreditation and trust clearly positions FOREX.com as a more secure choice for traders seeking a reliable online broker.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Year Founded | 1999 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, FOREX.com earns 4.5 out of 5 stars and ranks #14 out of 63, while Spreadex earns 4 out of 5 stars and ranks #28. On EUR/USD, Spreadex averaged 0.81 pips in January 2024, with a 0.6-pip minimum available 60% of the month. FOREX.com can be pricier than the industry average in the U.S. on its Standard account, but offers lower quoted spreads on its commission-based RAW account for active traders.
FOREX.com’s Standard account (the only option for MetaTrader 4) showed typical EUR/USD spreads of 1.4 pips in the U.S. in July 2023, while outside the U.S. the time-weighted average was 0.74 pips. The RAW account posted typical EUR/USD spreads of 0.13 pips in February 2024 and charges a $7 commission per standard lot round turn ($3.50 per side), which adds roughly 0.7 pips to the quoted spread. Six volume tiers offer rebates from $2 to $9 per million; unless you trade more than $50 million per month, the all-in cost of the RAW account for U.S. residents is similar to the Standard account. Extremely high-volume clients (over $2 billion per month) can achieve effective spreads comparable to leading low-cost brokers.
Head to head on costs: for casual or moderate U.S. traders, Spreadex’s average 0.81 pips on EUR/USD may undercut FOREX.com’s 1.4-pip Standard pricing. Outside the U.S., FOREX.com’s 0.74-pip average can be sharper than Spreadex’s typical pricing. For high-volume traders who can leverage rebates, FOREX.com’s RAW account can become very competitive on an all-in basis.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.4 | 0.81 |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FOREX.com vs Spreadex: both brokers support forex trading as CFDs or spot contracts. Spreadex features about 10,000 tradeable symbols, giving it the edge on overall market count, while FOREX.com offers roughly 5,500. If your priority is currency trading, FOREX.com lists 80 tradeable forex pairs compared with 52 at Spreadex.
Neither broker offers real, exchange-traded shares in the U.S. or internationally; access to stocks is via derivatives. Both lack copy trading and do not offer delivered cryptocurrency, though each provides cryptocurrency derivatives. For Range of Investments, both earn 5 stars from ForexBrokers.com, with FOREX.com ranked #7 of 63 brokers and Spreadex ranked #14. Choose Spreadex for the widest overall symbol list, or pick FOREX.com if you want more forex pairs.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 80 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FOREX.com and Spreadex both let you practice with a free demo account and each offers a proprietary, browser-based platform. FOREX.com also provides a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Spreadex does not support MT4/MT5 and lacks a downloadable Windows app. Neither broker offers copy trading or third-party social platforms like DupliTrade or ZuluTrade.
For trading tools, both brokers let you trade directly from charts. Indicator counts weren’t provided, but the toolsets differ: FOREX.com lists 239 drawing tools versus 11 at Spreadex, and its watchlists can display up to 20 columns compared with 8 at Spreadex. Reflecting these differences, FOREX.com earns 5 out of 5 stars and ranks 7th out of 63 brokers for trading platforms and tools, while Spreadex scores 4 stars and ranks 47th. If you want MT4/MT5, a downloadable platform, and more charting tools, FOREX.com is the stronger pick; for a simpler web platform, Spreadex can fit the bill.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 58 |
| Charting - Drawing Tools (Total) | 239 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and Spreadex offer mobile trading apps for iPhone and Android, complete with price alerts and real-time watchlists. Each app lets you draw trendlines and switch among intraday, daily, and weekly time frames. Key differences show up in convenience features: FOREX.com syncs watchlists with your online account and auto-saves chart drawings, while Spreadex does not support watchlist syncing or auto-saving drawings.
For charting depth, FOREX.com lists 88 technical studies, whereas Spreadex doesn’t specify how many studies are available. Independent ratings reflect this gap: FOREX.com earns 5 stars and ranks #3 out of 63 for Mobile Trading Apps on ForexBrokers.com, while Spreadex holds 4 stars and ranks #47. If you want advanced chart tools and smoother continuity across devices, FOREX.com has the edge; Spreadex covers the essentials for on-the-go trading.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both FOREX.com and Spreadex deliver daily market commentary, top-tier forex news from sources like Bloomberg or Reuters, sentiment tools that show long vs. short positioning, and an economic calendar. Neither broker integrates TipRanks or Acuity Trading (Signal Centre). Where they differ is in the third‑party toolset: FOREX.com includes Trading Central for technical and fundamental insights but does not offer Autochartist, while Spreadex offers Autochartist but not Trading Central.
When it comes to overall research strength, FOREX.com leads with a 4.5/5 Research rating and ranks #9 out of 63 brokers on ForexBrokers.com. Spreadex earns 4/5 and ranks #32. If you prefer Trading Central’s analytics, FOREX.com is the better fit; if you value Autochartist pattern recognition, Spreadex has the edge. Both are solid choices for everyday market analysis and news-driven trading.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners between FOREX.com and Spreadex, several key differences emerge. Both platforms provide a minimum of 10 educational materials focused on forex or CFDs, including articles, videos, and archived webinars. However, FOREX.com surpasses Spreadex by offering monthly online educational webinars, as well as a searchable archive of previously recorded sessions, giving users the flexibility to learn at their own pace. While both brokers provide at least 10 beginner educational videos, FOREX.com goes a step further by offering at least 10 advanced videos tailored for seasoned traders, which Spreadex does not.
Beyond video content, both FOREX.com and Spreadex make available comprehensive investor dictionaries, each containing definitions of over 50 investing terms to enhance users' financial literacy. Despite these commonalities, FOREX.com has a distinct edge in educational quality, earning a 4.5-star rating compared to Spreadex's 4 stars. According to ForexBrokers.com, this positions FOREX.com as the fourth-ranked broker out of 63 for education, while Spreadex is ranked significantly lower at 45th place, underscoring FOREX.com's superior offerings for those eager to learn more about trading.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than Spreadex. FOREX.com finished with an overall rank of #5, while Spreadex finished with an overall rank of #39.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Both FOREX.com and Spreadex do not provide the option to buy actual delivered cryptocurrency, but they do offer the capability to trade cryptocurrency derivatives, allowing investors to speculate on digital currency price movements without owning the underlying asset.
FOREX.com provides more flexible funding options than Spreadex, supporting ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wires, while Spreadex offers Visa or Mastercard and bank wires but lacks ACH or SEPA transfers and PayPal support.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Spreadex Review |
| Broker Screenshots | FOREX.com | Spreadex | |
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| Regulation | FOREX.com | Spreadex | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1999 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 80 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 8 | |
| Charting - Indicators / Studies (Total) | 88 | 58 | |
| Charting - Drawing Tools (Total) | 239 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FOREX.com | Spreadex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FOREX.com Review | Spreadex Review |
| Overall | FOREX.com | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Spreadex Review |
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