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 |
FOREX.com and Spreadex both offer competitive pricing, but FOREX.com has the edge overall for commissions and fees. FOREX.com is rated 4.5 stars and ranked #15 out of 36 for the Commissions and Fees category. Its pricing varies by account type: the Standard account tends to be pricier, especially in the U.S., while the Raw account can offer very low spreads, but it adds a commission per trade. For active traders, volume-based rebates can help lower costs further, though many everyday traders may find the all-in pricing similar to the Standard account unless they trade large volumes.
Spreadex is simpler to understand, with an average EUR/USD spread of 0.81 pips in January 2024 and a minimum spread of 0.6 pips available 60% of the time during the month. It is rated 4 stars and ranked #26 out of 36 for Commissions and Fees. That makes Spreadex a solid option, but its pricing is not quite as strong as FOREX.com’s best low-cost accounts.
In short, FOREX.com is the better pick for commissions and fees overall, especially for active traders who can take advantage of Raw pricing and rebates. Spreadex remains a decent choice for traders who prefer straightforward spread-based pricing, but it does not match FOREX.com’s combination of account options, low-end pricing, and overall category ranking.
| 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 comparing FOREX.com vs Spreadex for trading platforms and tools, both brokers give traders a free demo account, a proprietary platform, and a web-based platform that works in a browser. Each also lets users trade directly from a chart. Neither broker offers copy trading, so this area is largely a tie for traders who want simple platform access and practice trading before using real money.
FOREX.com has the edge for platform choice and trading tools because it also offers a Windows desktop download platform plus MetaTrader 4 and MetaTrader 5, which Spreadex does not. That wider lineup helps FOREX.com stand out for active traders who want more ways to trade and analyze the market. This difference is reflected in ratings as well, with FOREX.com earning 5 out of 5 stars and ranking #5 out of 36 brokers for Trading Platforms and Tools, while Spreadex is rated 4 out of 5 stars and ranked #35 out of 36.
| 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. For traders who want a stronger mobile charting experience, FOREX.com stands out by offering 90 technical studies in its app, along with auto-saving chart drawings and watchlist symbol syncing between the mobile app and online account. Spreadex does not offer watchlist syncing, and it does not auto-save chart drawings.
Overall, FOREX.com is the stronger choice for mobile trading apps. It earns a 5-star rating and ranks #2 out of 36 brokers at ForexBrokers.com in this category, while Spreadex holds a 4-star rating and ranks #34. For traders who value easier watchlist management, more chart tools, and smoother app-to-account syncing, FOREX.com has the clearer edge over Spreadex.
| 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 set of market research tools, including daily market commentary, forex news from major sources like Bloomberg and Reuters, a sentiment tool showing long and short positions, and an economic calendar with global events. That means either broker can help you stay on top of market moves and upcoming news that may affect trading decisions.
The main difference is in the extra research features and overall rating. FOREX.com includes Trading Central tools, while Spreadex offers Autochartist instead. FOREX.com also has the stronger research score, with 5 stars and a #7 ranking out of 36 brokers on ForexBrokers.com, compared with Spreadex’s 4 stars and #28 ranking. For traders who want a slightly deeper research package, FOREX.com has the edge, while Spreadex still covers the basics well.
| 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.
For beginners looking for trading education, FOREX.com stands out as the stronger choice compared with Spreadex. FOREX.com offers forex and CFDs education, regular online educational client webinars at least once a month, and a large library of beginner and advanced videos, making it easier for new traders to learn step by step and keep building their skills. This strength is reflected in its 5-star Education rating and its #4 ranking out of 36 brokers by ForexBrokers.com.
Spreadex still provides some helpful learning content, including at least 10 beginner trading videos, but it falls behind FOREX.com in several key areas. It does not offer monthly educational webinars, and it lacks at least 10 advanced videos, which may matter for traders who want to move beyond the basics. Spreadex is rated 4 stars for Education and ranks #34 out of 36, so while it can suit absolute beginners, FOREX.com offers a broader and more complete education 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 #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) | 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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