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 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 |
When it comes to commissions and fees, FOREX.com and Spreadex are both competitive, but FOREX.com has the edge overall. FOREX.com is rated 4.5 out of 5 stars and ranks #15 out of 36 brokers for commissions and fees. Its pricing can be a little higher than the industry average in some cases, especially on the Standard account in the U.S., where the average EUR/USD spread was 1.4 pips. However, its RAW account offers much lower spreads, with typical EUR/USD spreads around 0.13 pips, though a commission is charged per trade.
Spreadex is rated 4 out of 5 stars and ranks #25 out of 36 brokers in the same category. Its average EUR/USD spread was 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during the month. That makes Spreadex a solid choice for traders who want straightforward spread pricing, but its costs are generally not as strong as FOREX.com’s lower-cost RAW pricing for active traders.
In simple terms, FOREX.com offers more pricing options and can be cheaper for active traders, especially on its commission-based RAW account. Spreadex keeps things simpler, but its average trading costs are a bit higher. If lower all-in trading costs are your main goal, FOREX.com is the stronger pick; if you prefer a simpler spread-based setup, Spreadex may still be appealing.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.00 | 0.81 |
| All-in Cost EUR/USD - Active | 1.13 | N/A |
| Non-wire bank transfer | 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 vs Spreadex for range of investments, both brokers let you trade forex as a CFD or spot contract and both offer cryptocurrency CFDs, but not actual delivered crypto. Each also earns a 5-star rating for Range of Investments. That said, FOREX.com stands out for forex traders with 80 currency pairs, compared with 52 at Spreadex, and it also supports buying real exchange-traded shares on both U.S. and international markets. Spreadex does not offer access to exchange-traded securities on either U.S. or overseas exchanges.
Spreadex, however, gives traders a wider overall list of market products, with about 10,000 tradeable symbols versus 5,500 at FOREX.com. In ForexBrokers.com’s rankings, FOREX.com places higher in the Range of Investments category, coming in at #6 out of 36 brokers, while Spreadex ranks #13. In short, FOREX.com is the stronger choice for stock access and a broader forex pair selection, while Spreadex may appeal more to traders looking for the larger total number of instruments.
| Feature |
FOREX.com
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 80 | 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.
When it comes to trading platforms and tools, FOREX.com has a clear edge over Spreadex for most active traders. Both brokers offer a free demo account, a proprietary platform, and web-based trading, and both let you trade directly from a chart. However, FOREX.com also adds a Windows desktop download platform and supports both MetaTrader 4 and MetaTrader 5, while Spreadex does not. Neither broker offers copy trading, so if that feature matters to you, you will need to look elsewhere.
Overall, FOREX.com scores higher for platforms and tools, earning 5 out of 5 stars and ranking #5 out of 36 brokers in the ForexBrokers.com comparison. Spreadex is still a workable choice, but it trails behind with a 4-star rating and a #34 ranking. If you want more platform options and broader charting access, FOREX.com is the stronger pick; if you only need basic web trading and a demo account, Spreadex may still fit the bill.
| 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 make it easy to trade on the go with iPhone and Android apps, and each app includes price alerts plus the ability to draw trendlines on charts. That said, FOREX.com has the clear edge for mobile trading apps. Its app syncs watchlists with the online account, so updates carry over between devices, and chart drawings are saved automatically. FOREX.com also offers 90 technical studies in its mobile charting tools, giving active traders more ways to analyze price action.
In side-by-side ratings, FOREX.com is rated 5 stars for mobile trading apps and is ranked #2 out of 36 brokers by ForexBrokers.com. Spreadex is rated 4 stars and ranks #33 out of 36. For traders who want a smoother mobile experience with better charting and watchlist syncing, FOREX.com stands out as the stronger choice overall.
| 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.
When it comes to market research, both FOREX.com and Spreadex give traders a useful set of tools. Each broker offers daily market commentary, forex news from top names such as Bloomberg, Reuters, and Dow Jones, a sentiment tool showing long and short positioning, and an economic calendar for tracking key global events. Where FOREX.com stands out is its support for Trading Central research tools, while Spreadex instead includes Autochartist, which may appeal to traders looking for chart-based ideas and signals.
Overall, FOREX.com has the edge for research quality. It is rated 5 out of 5 stars and placed #7 out of 36 brokers by ForexBrokers.com, compared with Spreadex’s 4-star rating and #27 ranking. In simple terms, both brokers cover the basics well, but FOREX.com offers a more highly rated research experience, while Spreadex still provides a solid mix of market information and third-party tools.
| 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 it comes to beginner-friendly learning materials, FOREX.com stands out as the stronger choice. It offers forex and CFDs education, regular online educational client webinars, and at least 10 beginner videos plus 10 advanced videos, giving new traders and more experienced users plenty of ways to learn. That depth shows in its 5-star Education rating and its #4 ranking out of 36 brokers for Education at ForexBrokers.com.
Spreadex also provides some useful education for beginners, including at least 10 beginner videos and forex or CFDs education, but it falls behind FOREX.com in a few important areas. It does not offer monthly educational webinars and does not have at least 10 advanced educational videos, which may limit its appeal for traders who want to keep learning over time. Spreadex is rated 4 stars for Education and ranks #33 out of 36, so while it can work for basic learning, FOREX.com offers a more complete educational experience overall.
| 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 #32.
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
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|---|---|---|
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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) | 5500 | 10000 | |
| Forex Pairs (Total) | 80 | 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) - Standard account | 1.00 | 0.81 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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