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 | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, FOREX.com earns 4.5/5 stars and ranks #15 of 63, while Spreadex earns 4/5 stars and ranks #25 of 63 for the Commissions and Fees category. Both aim for competitive pricing, but their cost structures differ by account type, region, and trade volume.
FOREX.com’s Standard account (the only option for MetaTrader users) carried typical EUR/USD spreads of 1.4 pips in the U.S. as of July 2023, which is on the higher side; outside the U.S., average spreads were lower at 0.74 pips (time‑weighted, July 2023). Its commission-based RAW account, available in the U.S., Canada, and the EU, showed typical EUR/USD spreads of 0.13 pips (February 2024) plus a $7 per standard lot commission ($3.50 per side). That commission adds about 0.7 pips, putting the all‑in cost near 0.83 pips at the base tier, with volume rebates from $2 to $9 per million potentially reducing costs for active traders. Unless you trade more than $50 million per month, U.S. traders may find the all‑in cost of the RAW account similar to the Standard account; extremely high-volume traders (over $2 billion/month) can achieve much lower effective spreads.
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with its 0.6‑pip minimum spread appearing 60% of the time. In simple terms, for smaller to mid‑size trade volumes, Spreadex’s average pricing can edge out FOREX.com’s RAW account at its base tier (about 0.83 pips all‑in) and significantly beat FOREX.com’s U.S. Standard pricing (1.4 pips). Outside the U.S., FOREX.com’s 0.74‑pip average can be sharper than Spreadex’s 0.81‑pip average. High‑volume traders may find FOREX.com more appealing due to its commission structure and rebates, while lower‑volume traders could see more consistent day‑to‑day value with Spreadex.
| 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.
FOREX.com vs Spreadex: both let you trade forex as CFDs or spot. Spreadex lists more total markets (about 10,000 tradeable symbols) than FOREX.com (about 5,500), but FOREX.com offers more forex pairs (80 vs 52). Both brokers support cryptocurrency CFDs, but neither lets you buy actual crypto or use copy trading.
If you want exchange-traded shares (not CFDs), FOREX.com offers access to U.S. and international stocks, while Spreadex does not. For Range of Investments, each earns 5 stars from ForexBrokers.com; however, FOREX.com is ranked #6 of 63 brokers, and Spreadex is ranked #13. In short, choose Spreadex for sheer market count, or FOREX.com for more forex pairs and the ability to buy listed shares on U.S. and global exchanges.
| 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.
Comparing trading platforms and tools, both FOREX.com and Spreadex offer free demo (paper) accounts and in-house proprietary platforms. Each provides a web-based platform and lets you place trades directly from charts. FOREX.com also offers a Windows desktop download, while Spreadex does not. Neither broker supports copy trading. FOREX.com supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), whereas Spreadex does not offer MT4 or MT5. Indicator counts and watchlist column options were not specified for either broker.
For overall platform quality, FOREX.com earns 5 stars and ranks #5 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while Spreadex earns 4 stars and ranks #34. If you want MT4/MT5 access and a downloadable desktop app, FOREX.com is the better fit; if you only need an easy web platform and a demo account, both brokers meet those needs.
| 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 iPhone and Android trading apps with price alerts, so you can track forex and markets on the go. The key difference is watchlist syncing: FOREX.com syncs symbols between the mobile app and your online account, while Spreadex does not, which can matter if you switch between devices during the day.
For charting, FOREX.com’s app includes 90 technical studies, lets you draw trendlines, and automatically saves your drawings. Spreadex supports drawing trendlines but does not auto-save drawings and does not list a count of technical studies. In independent ratings, FOREX.com earns 5 stars and ranks #2 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Spreadex holds 4 stars and ranks #33. If you want deeper charting and seamless syncing, FOREX.com is the stronger pick; if you primarily need alerts and basic charting, Spreadex can still do the job.
| 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.
In this FOREX.com vs Spreadex research comparison, both brokers cover the essentials: daily market commentary, forex news from leading sources like Bloomberg, Reuters, or Dow Jones, sentiment tools that show long/short positioning, and a clear economic calendar. Neither platform uses TipRanks or Acuity Trading for added research.
The main difference lies in their analytics suites. FOREX.com integrates Trading Central, while Spreadex offers Autochartist. If you prefer Trading Central’s style of technical and fundamental insights, FOREX.com may be the better fit; if you like Autochartist’s pattern recognition, Spreadex stands out. According to ForexBrokers.com, FOREX.com earns 4.5/5 stars for Research and ranks #7 out of 63 brokers, while Spreadex scores 4/5 stars and ranks #27.
| 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 comparing forex and CFD education, FOREX.com edges out Spreadex. FOREX.com runs ongoing client webinars (at least monthly) and offers 10+ beginner videos plus a wide set of advanced videos for experienced traders. Spreadex also supplies 10+ beginner videos, making it fine for getting started, but it doesn’t match FOREX.com’s cadence of webinars or depth of advanced video content.
Independent ratings back this up: FOREX.com scores 4.5/5 for Education and ranks #4 out of 63 brokers at ForexBrokers.com, while Spreadex earns 4/5 and ranks #33. Choose FOREX.com if you want regular live learning and a deeper path from beginner to advanced. Pick Spreadex if you mainly want straightforward beginner videos without the need for frequent webinars or more advanced lessons.
| 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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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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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 | 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 | 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 SCA 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 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Spreadex Review |
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