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.
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FOREX.com vs Spreadex: Both online brokers were founded in 1999 and neither operates as a bank. FOREX.com is publicly traded, while Spreadex is not. According to ForexBrokers.com, FOREX.com earns a 99/99 Trust Score (highly trusted in the 90–99 range), whereas Spreadex scores 70/99 (average risk in the 70–79 range).
Regulation is another key difference. FOREX.com holds seven Tier-1 licenses (considered highly trusted) and two Tier-2 licenses (considered trusted), signaling wider oversight across major financial markets. Spreadex holds one Tier-1 license and no Tier-2 licenses, which reflects a narrower regulatory footprint.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Year Founded | 1999 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
FOREX.com and Spreadex both offer competitive pricing, but FOREX.com generally comes out ahead for commissions and fees. FOREX.com is rated 4.5 stars and ranked #15 out of 36 brokers for this category. Its Standard account can be more expensive, especially in the U.S., where the average EUR/USD spread was 1.4 pips in July 2023. However, its RAW account offers much tighter pricing, with typical EUR/USD spreads around 0.13 pips in February 2024, plus a commission of $7 per standard lot at the lowest tier. For very active traders, FOREX.com also offers volume-based rebates that can help lower trading costs.
Spreadex is rated 4 stars and ranked #27 out of 36 brokers for commissions and fees. Its EUR/USD spread averaged 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during the month. While Spreadex can still be a solid choice for cost-conscious traders, its pricing is generally less competitive than FOREX.com overall, especially for traders who qualify for FOREX.com’s lower-cost RAW pricing or rebates.
In short, if your main focus is lower trading costs and more pricing options, FOREX.com is the stronger pick. Spreadex offers straightforward spread-based pricing, but FOREX.com provides better value for many traders, particularly those who trade more often or in larger volumes.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.00 | 0.81 |
| All-in Cost EUR/USD - Raw spread account | 1.13 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FOREX.com and Spreadex for range of investments, both brokers give traders access to forex trading and cryptocurrency CFDs, and neither offers copy trading or the ability to buy actual, delivered cryptocurrency. FOREX.com supports a slightly wider selection of forex pairs, with 55 available compared with Spreadex’s 52, while Spreadex offers a larger overall list of tradeable symbols, with 10,000 versus FOREX.com’s 7,000.
FOREX.com has the edge for investors who want access to real shares, since it offers exchange traded securities on both U.S. and international exchanges, while Spreadex does not. Still, both brokers receive 5 out of 5 stars for Range of Investments. In ForexBrokers.com’s ranking, FOREX.com places higher at #6 out of 36 brokers, ahead of Spreadex at #13.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7000 | 10000 |
| Forex Pairs (Total) | 55 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 give traders a choice of web-based platforms and free demo accounts, so beginners and active traders can test strategies before using real money. Each broker also offers a proprietary platform and lets users trade directly from charts, which can make placing orders faster and easier. Neither broker supports copy trading, so traders will need to make their own decisions rather than follow other investors.
Where FOREX.com stands out is in its wider platform selection. It offers both Windows desktop software and the popular MetaTrader 4 and MetaTrader 5 platforms, while Spreadex does not support those options. That extra flexibility helps explain why FOREX.com earns 5 out of 5 stars for Trading Platforms and Tools and ranks #5 out of 36 brokers at ForexBrokers.com, compared with Spreadex’s 4-star rating and #37 ranking.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 90 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and Spreadex both offer mobile trading apps for iPhone and Android, and both let users set stock or forex price alerts. Each app also supports drawing trendlines on charts, which can help with basic technical analysis on the go. If you want a broker with strong charting tools, FOREX.com stands out with 90 technical studies in its mobile app, while Spreadex does not list technical studies for its app.
Where FOREX.com pulls ahead is in convenience and app quality. Its mobile app syncs watchlists with the online account, so changes update across devices, and it also auto-saves chart drawings. Spreadex does not offer watchlist syncing or auto-saving for drawings. These differences help explain why FOREX.com is rated 5 stars and ranked #2 out of 36 for mobile trading apps, compared with Spreadex’s 4-star rating and #36 ranking.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 90 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FOREX.com and Spreadex both give traders a solid mix of market research tools, including daily market commentary, news from top sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking key global events. Each also offers a sentiment tool that helps show the balance of long and short positions across currency pairs and other instruments, which can be useful for spotting how traders are positioned in the market.
Where FOREX.com pulls ahead is in the depth of its research suite and overall rating. It offers Trading Central tools, while Spreadex offers Autochartist instead. That difference helps explain why FOREX.com is rated 5 stars for Research and ranks #7 out of 36 brokers, compared with Spreadex’s 4-star Research rating and #29 ranking.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing FOREX.com and Spreadex for beginner education, FOREX.com comes out ahead overall. It offers forex and CFDs learning materials, at least 10 beginner videos, at least 10 advanced videos, and monthly online client webinars, giving new traders more ways to learn at their own pace. This stronger range of forex and CFDs education is reflected in its 5-star Education rating and its #4 ranking out of 36 brokers by ForexBrokers.com.
Spreadex also provides at least 10 beginner videos, so it does give newcomers some useful starting points. However, it does not offer monthly educational webinars, and it falls short on advanced video content and broader forex or CFDs education in the same way FOREX.com does. That difference shows in its 4-star Education rating and its #36 ranking out of 36 brokers, making FOREX.com the better choice for traders who want more guided learning support.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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 #4, while Spreadex finished with an overall rank of #33.
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 | 70 |
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In the FOREX.com vs Spreadex comparison, neither broker allows you to buy actual (delivered) cryptocurrency, but both offer the ability to trade cryptocurrency CFDs.
For deposits and withdrawals, online broker FOREX.com supports ACH/SEPA, PayPal, Skrill, and bank wire transfers, while Spreadex lacks ACH/SEPA, PayPal, and Skrill and only provides bank wires; Visa and Mastercard availability is not specified for either.
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 | 70 | |
| 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 | 70 | |
| 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 | 2 | 0 | |
| Tier-3 Licenses | 1 | 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 (FSA 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, FSRA, or CMA 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) | 7000 | 10000 | |
| Forex Pairs (Total) | 55 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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) - Spread-only account | 1.00 | 0.81 | |
| All-in Cost EUR/USD - Raw spread account | 1.13 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | FOREX.com | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | FOREX.com | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 58 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 90 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FOREX.com | Spreadex | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | FOREX.com Review | Spreadex Review |
| Overall | FOREX.com | Spreadex | |
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| Trust Score | 99 | 70 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Spreadex Review |
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