Written by ForexBrokers.com
In this head to head comparison of Plus500 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 comparing online brokers Plus500 and Spreadex, Plus500 stands out with its foundation in 2008 and a highly trusted Trust Score of 99 from ForexBrokers.com. As a publicly traded company, Plus500 holds 6 Tier-1 licenses and 3 Tier-2 licenses, demonstrating a solid regulatory foundation. In contrast, Spreadex, founded earlier in 1999, is not publicly traded and has a Trust Score of 71, indicating average risk. Spreadex also holds fewer licenses, with just 1 Tier-1 license and no Tier-2 licenses.
Both Plus500 and Spreadex operate as non-banking financial institutions, offering unique advantages for traders. However, Plus500's presence on the stock exchange and its numerous Tier-1 licenses provide an added layer of trust and confidence to potential users. In comparison, Spreadex, while maintaining a respectable Trust Score, offers fewer assurances in terms of regulatory backing.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Year Founded | 2008 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing commissions and fees, Plus500 earns 4.0/5 stars and ranks #24 out of 63 brokers for the Commissions and Fees category at ForexBrokers.com, while Spreadex holds 4/5 stars and ranks #25. Overall, Plus500’s pricing is slightly above the industry average and trails leaders like IG or Saxo for active trader pricing.
On EUR/USD, Plus500’s average spread was 1.5 pips in April 2024, which is higher than the industry average. Spreadex posted an average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum reached 60% of the time that month. Note that these figures are from different months and spreads can change with market conditions.
Plus500 does not provide retail discounts, but it offers cash rebates if you qualify and are designated as a Professional client. Spreadex’s January data suggests tighter EUR/USD pricing during that period, whereas Plus500 may appeal to traders who can access its professional rebates program.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Minimum Deposit | €50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.3 | 0.81 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
For range of investments, Spreadex lists more markets overall, with about 10,000 tradeable symbols versus roughly 5,500 at Plus500. That said, Plus500 lets you buy real shares on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London), while Spreadex does not offer exchange-traded securities outside of CFDs. In forex, both support trading (CFD/spot), and Plus500 edges out Spreadex on the number of currency pairs available (65 vs. 52).
Both brokers let you trade cryptocurrency via CFDs but do not offer actual coins, and neither supports copy trading. Independent ratings reflect the breadth: Spreadex scores 5 stars for Range of Investments and ranks #13 out of 63 brokers at ForexBrokers.com, while Plus500 earns 4.5 stars and ranks #17.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 65 | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
Plus500 and Spreadex both provide free demo (paper) accounts and run proprietary, web-based trading platforms; neither offers a Windows desktop download. Copy trading is not available, and you won’t find MetaTrader 4 (MT4) or MetaTrader 5 (MT5) at either broker. For charting, both platforms include tools and watch lists, but a key difference is trade-from-chart functionality: Plus500 does not support placing orders directly from charts, while Spreadex does.
According to ForexBrokers.com’s Trading Platforms and Tools scores, Plus500 earns 4.5 out of 5 stars and ranks #14 out of 63 brokers, while Spreadex earns 4 out of 5 stars and ranks #34. In short, both deliver accessible, browser-based platforms with demo access, but traders who value clicking directly on a chart to trade may prefer Spreadex, whereas Plus500 holds a higher category rating overall.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 115 | 58 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Spreadex both offer mobile trading apps for iPhone and Android, and each supports price alerts to help you track stocks and forex pairs on the go. The big difference comes down to tools and convenience. Plus500 syncs your watchlists across mobile and web, so changes you make in one place show up in the other, while Spreadex does not. For charting, Plus500 lists 115 technical indicators (studies) and lets you draw trendlines; Spreadex also supports drawing trendlines, but does not publish a count of available indicators. Neither app auto-saves your chart drawings.
In independent testing, Plus500 earns 4.5 out of 5 stars for its mobile app and ranks #14 out of 63 brokers at ForexBrokers.com, while Spreadex scores 4 stars and ranks #33. Choose Plus500 if you value advanced chart tools and seamless watchlist syncing. Pick Spreadex if you want a straightforward app with alerts and trendline drawing without the need for syncing.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Plus500 and Spreadex both cover the basics for market research: each offers daily market commentary, a sentiment tool that shows the mix of long and short positions, and a handy economic calendar. The biggest split is news and analytics. Spreadex streams forex headlines from top-tier sources such as Bloomberg, Reuters, or Dow Jones and includes Autochartist for chart pattern and signal scanning. Plus500 does not provide that news feed or Autochartist, but it counters with research from Trading Central. Neither broker adds TipRanks or Acuity/Signal Centre.
If you want built-in premium news and Autochartist, Spreadex is appealing; if you prefer Trading Central’s analysis suite, Plus500 is the better match. According to ForexBrokers.com, Plus500 earns 4.0 stars for Research and ranks 17th out of 63 brokers, while Spreadex earns 4 stars and ranks 27th. Both deliver the essentials, but Plus500 holds a slight edge in overall research ranking.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | 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.
Both Plus500 and Spreadex provide forex and CFD education with at least 10 learning pieces, and each offers 10+ beginner-friendly video lessons. Where they differ is in depth and delivery: Plus500 runs ongoing client webinars (at least monthly) and also supplies 10+ advanced videos for experienced traders. Spreadex, while it checks the box for beginner videos, does not host regular educational webinars and does not meet the same level for advanced video content.
For ratings, both are scored 4 out of 5 stars for Education, but Plus500 is ranked higher by ForexBrokers.com (#26 of 63) than Spreadex (#33 of 63). If you want a fuller path from beginner basics to advanced topics—plus live learning via webinars—Plus500 is the stronger choice. If you only need a solid set of beginner videos, Spreadex can still fit the bill.
| Feature |
Plus500
|
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 Plus500 is better than Spreadex. Plus500 finished with an overall rank of #14, while Spreadex finished with an overall rank of #32.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Plus500 vs Spreadex: Neither online broker allows buying actual (delivered) cryptocurrency, but both offer cryptocurrency trading via CFDs.
Comparing online brokers Plus500 vs Spreadex for deposit and withdrawal methods: neither supports ACH or SEPA, both accept bank wire transfers, Plus500 also supports PayPal and Skrill while Spreadex does not, and Visa/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 | Plus500 | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Spreadex Review |
| Broker Screenshots | Plus500 | Spreadex | |
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| Regulation | Plus500 | Spreadex | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 2008 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Plus500 | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 65 | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 0.81 | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | €50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Plus500 | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Plus500 | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 58 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Plus500 Review | Spreadex Review |
| Overall | Plus500 | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Spreadex Review |
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