Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
When considering online brokers, regulatory credentials and trustworthiness are key factors for many investors. FxPro, founded in 2006, is widely regarded as a highly trusted broker, boasting a ForexBrokers.com Trust Score of 93. This impressive rating stems from the firm's possession of two Tier-1 licenses and one Tier-2 license. Furthermore, FxPro distinguishes itself as a bank, though it remains privately held and not publicly traded.
In contrast, Spreadex, which began operations in 1999, carries a Trust Score of 71, placing it in the 'average risk' category according to ForexBrokers.com. While it holds one Tier-1 license, Spreadex does not have any Tier-2 licenses and is not a bank. Similar to FxPro, Spreadex is privately held and is not listed on any stock exchange. Investors considering these brokers should weigh these regulatory differences and trust scores to make well-informed decisions.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Year Founded | 2006 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing FxPro vs Spreadex on commissions and fees, Spreadex generally looks cheaper for EUR/USD. In January 2024, Spreadex averaged 0.81 pips with a 0.6-pip minimum reached 60% of the time. FxPro’s most competitive option is its cTrader account with commission-based pricing, yielding an effective EUR/USD cost of about 1.27 pips (0.37-pip average spread plus 0.9-pip commission equivalent). Both brokers are rated 4 stars for commissions and fees; Spreadex is ranked #28 of 63 brokers by ForexBrokers.com, while FxPro is ranked #33 of 63.
FxPro’s pricing is typically higher than the industry average and varies by platform and execution. On MT4, you can choose variable or fixed spreads with instant or market execution (instant can requote but avoids slippage; market avoids requotes but can slip). On MT5, only market execution is available and there’s no fixed-spread option. Variable spreads for EUR/USD were 1.58 pips on MT4 market execution (1.51 pips on MT5) and 1.71 pips with instant execution (based on August 2020 data). Note: cTrader has no minimum distance for stop/limit orders, whereas MetaTrader requires at least 1 pip—even on the Elite account. FxPro’s Elite/Active Trader program can discount costs up to 30%, but it still trails top discount programs from rivals.
Spreadex focuses on tight spreads for popular forex pairs, with that 0.81-pip EUR/USD average and 0.6-pip minimum seen most days in January 2024, which is compelling for cost-conscious traders. If you mainly trade EUR/USD and want steady, low spreads, Spreadex may offer better day-to-day pricing, while FxPro’s cTrader account can narrow the gap for those who prefer commission-based pricing and the cTrader platform. Always check live spreads and fees for your region and account type before choosing.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.51 | 0.81 |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro vs Spreadex for range of investments: Spreadex lists about 10,000 tradable instruments, far more than FxPro’s 2,249. That said, FxPro offers more currency pairs (70 vs 52). Both let you trade forex as CFDs or spot, and both provide crypto derivatives but not actual coins. Neither broker offers real U.S.-listed shares, but FxPro does provide access to real shares on certain international exchanges, while Spreadex does not.
FxPro also supports copy trading; Spreadex does not. For overall range of investments, ForexBrokers.com rates Spreadex 5 stars and ranks it 14th out of 63 brokers, while FxPro earns 4 stars and ranks 29th. In short: choose Spreadex if you want the widest list of markets, and consider FxPro if you value a larger selection of forex pairs, copy trading, and access to select international exchange-traded shares.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 10000 |
| Forex Pairs (Total) | 70 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | 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.
FxPro and Spreadex both let you practice with a free demo account and each offers an in-house trading platform alongside a browser-based platform. FxPro also provides a downloadable Windows desktop platform, while Spreadex is web-only. If you want MetaTrader, FxPro supports MT4 and MT5; Spreadex does not. Copy trading is available at FxPro but not at Spreadex. Neither broker supports DupliTrade or ZuluTrade.
For charting and tools, both brokers allow trading directly from charts. FxPro lists 25 drawing tools versus 11 at Spreadex, while watchlists show up to 6 columns at FxPro and 8 at Spreadex. Indicator counts were not specified by either provider. Both earn 4 out of 5 stars for trading platforms and tools, yet ForexBrokers.com ranks FxPro 17th out of 63 brokers and Spreadex 47th. In short, traders who want MetaTrader, copy trading, and a Windows desktop app may lean toward FxPro, while those who prefer a straightforward web platform and more watchlist fields may find Spreadex suitable.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 58 |
| Charting - Drawing Tools (Total) | 25 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Spreadex both offer iPhone and Android trading apps with real-time watchlists, price alerts, multiple chart time frames, and the ability to draw trendlines. Key differences show up in charting and syncing: FxPro syncs your watchlist with your online account and auto-saves chart drawings, while Spreadex does not. FxPro also lists 65 technical studies in its mobile charts, whereas Spreadex does not publish a count.
Independent ratings reflect these gaps. ForexBrokers.com rates FxPro’s mobile trading app 4.5/5 and ranks it #15 out of 63 brokers, while Spreadex earns 4/5 and ranks #47. If you want deeper chart tools and cross-device watchlist syncing, FxPro has the edge. If your needs are more basic—alerts, drawing tools, and flexible time frames—both apps will get the job done on iPhone and Android.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 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.
FxPro and Spreadex both deliver daily market commentary, real-time forex news from top-tier sources like Bloomberg and Reuters, and handy economic calendars to track upcoming events. Each broker also offers a sentiment tool that shows the ratio of long vs. short positions. Neither platform includes research from TipRanks or Acuity Trading. For overall research, both earn 4 stars, with FxPro ranked #26 and Spreadex #32 out of 63 brokers by ForexBrokers.com.
The main difference lies in their technical research suites. FxPro integrates Trading Central, which adds analyst-driven insights and technical analytics. Spreadex counters with Autochartist, known for scanning charts to highlight patterns and trade ideas. If you prefer analyst-backed technical analysis, FxPro is a good fit; if automated pattern detection appeals to you, Spreadex may suit your workflow.
| Feature |
FxPro
|
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.
For beginners exploring the realm of online trading, choosing a platform with valuable educational resources is crucial. Both FxPro and Spreadex meet the baseline for providing forex and CFDs education, offering more than ten materials like articles and videos. However, they do not offer monthly webinars. While FxPro boasts a searchable archive of past webinars, Spreadex falls short in this aspect, providing no accessible library for beginners to tap into past insights. This could be significant for those who value retrospective learning.
When it comes to video content tailored for beginners, both brokers provide over ten accessible educational videos, making them equally competitive in this regard. Despite this, neither broker provides a collection of advanced educational videos, which may concern seasoned traders seeking deeper insights. Both FxPro and Spreadex feature comprehensive investor dictionaries with more than fifty trading terms, ensuring users have resources to build foundational knowledge. Overall, while both platforms score four stars for education, FxPro takes the lead in ranking, standing at 18th compared to Spreadex's 45th out of 63 brokers, highlighting a slightly stronger educational offering for novices in the trade sector.
| Feature |
FxPro
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 FxPro is better than Spreadex. FxPro finished with an overall rank of #21, while Spreadex finished with an overall rank of #39.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Spreadex
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| Trust Score | 93 | 71 |
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Both FxPro and Spreadex do not permit the purchase of actual (delivered) cryptocurrency but do offer options to invest in cryptocurrency derivatives.
FxPro provides a more versatile range of deposit and withdrawal methods, including ACH, SEPA, PayPal, and Skrill, in addition to Visa, Mastercard, and bank wires, while Spreadex supports only Visa, Mastercard, and bank wires for transactions.
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 | FxPro | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | FxPro Review | Spreadex Review |
| Broker Screenshots | FxPro | Spreadex | |
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| Regulation | FxPro | Spreadex | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 2006 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FxPro | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 10000 | |
| Forex Pairs (Total) | 70 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | 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 | FxPro | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 0.81 | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 53 | 58 | |
| Charting - Drawing Tools (Total) | 25 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | 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 | FxPro | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | 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 | FxPro Review | Spreadex Review |
| Overall | FxPro | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | FxPro Review | Spreadex Review |
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