Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212, established in 2004, and Spreadex, founded in 1999, are both online brokers that are not publicly traded companies and do not operate as banks. When comparing their trust and regulation credentials, Trading 212 stands out with a Trust Score of 80 out of 99 on ForexBrokers.com, categorizing it as trusted. This is further supported by its three Tier-1 licenses, which are highly regarded in the industry, ensuring reliable regulatory oversight.
In contrast, Spreadex, with a Trust Score of 71, is considered to have an average risk according to ForexBrokers.com. The company holds one Tier-1 license, which still demonstrates a level of dependability, but lags behind Trading 212 in regulatory coverage. Both brokers offer distinct benefits, but differences in their regulatory standings are crucial for prospective investors to consider when choosing the right platform for their needs.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Year Founded | 2004 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing the commissions and fees of online brokers, Trading 212 and Spreadex offer distinct options for traders, especially those interested in CFDs and forex. Trading 212 features a CFD account that requires a minimum deposit of 10 euros and promotes zero-commission trading. However, traders should account for the spread costs, which for the popular EUR/USD currency pair averaged 2.7 pips in April 2025. This spread is notably higher than the industry average, which might be a concern for cost-conscious traders.
In contrast, Spreadex presents more competitive spread offerings for the EUR/USD pair. In January 2024, Spreadex maintained an average spread of 0.81 pips, achieving a minimum spread of 0.6 pips 60% of the time. This tighter spread gives Spreadex an edge for traders looking to manage their costs more effectively when trading forex.
Both brokers receive a commendable rating of 4 stars for their commissions and fees. However, in the broader landscape, Trading 212 ranks at #49 out of 63 brokers as per ForexBrokers.com, indicating room for improvement. Meanwhile, Spreadex is more favorably positioned at #27, reflecting stronger competitiveness in terms of pricing. Choosing between these brokers will largely depend on the specific needs and priorities of the trader, with Spreadex clearly appealing to those prioritizing low spreads.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Minimum Deposit | €1 | $0 |
| Average Spread EUR/USD - Standard | 2.7 | 0.81 |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment range available on Trading 212 and Spreadex, both platforms cater to diverse trading strategies with some notable differences. Trading 212 features an impressive array of 7,868 tradeable symbols, including 146 forex pairs. It also allows investors to buy shares of exchange-traded securities on major U.S. and international exchanges, offering a broad spectrum for those interested in direct stock ownership. On the other hand, Spreadex boasts a wider selection of 10,000 tradeable symbols but offers only 52 forex pairs. Unlike Trading 212, Spreadex does not provide access to exchange-traded securities on U.S. and international exchanges, restricting direct investment in individual stocks like Apple or Vodafone. Both platforms support trading in cryptocurrency derivatives, but neither allows purchasing the actual cryptocurrency.
Though both brokers share a five-star rating for their range of investments, they excel in different aspects. Trading 212 ranks 15th among 63 brokers for its expansive options in forex and equity markets, while Spreadex secures the 13th spot, emphasizing its broader symbol availability. Despite these differences, neither platform provides copy trading capabilities, offering a similar user experience in this aspect. Whether you’re a seasoned investor or new to the market, understanding these distinctions can help tailor your investment approach to suit your trading goals.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 10000 |
| Forex Pairs (Total) | 146 | 52 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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.
When comparing the trading platforms and tools of Trading 212 and Spreadex, both brokers offer virtual demo accounts, allowing prospective users to experience simulated trading without risking actual funds. Each also provides a proprietary, web-based platform designed in-house, with no support for Windows-based desktop downloads. However, neither broker offers copy trading or popular third-party platforms such as MetaTrader 4 and 5, DupliTrade, or ZuluTrade. In terms of charting tools, Trading 212 exceeds with 20 drawing tools compared to Spreadex's 11, while both platforms allow trading directly from stock charts.
In terms of watch lists, Spreadex offers more flexibility with 8 customizable fields compared to Trading 212's 5. Both platforms share a similar rating of 4 out of 5 stars for their trading platforms and tools, indicating a strong user satisfaction. However, when ranked by ForexBrokers.com, Trading 212 emerges higher at #20 compared to Spreadex at #46 out of 63 brokers. This might give Trading 212 an edge for those prioritizing a more critically acclaimed platform while also benefiting from its broader range of drawing tools for technical analysis.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 54 | 58 |
| Charting - Drawing Tools (Total) | 20 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trading 212 and Spreadex, both platforms are available on iPhone and Android, making them accessible for most smartphone users. They each support stock and forex price alerts, along with the ability to draw trendlines and view multiple time frames on charts. However, Trading 212 offers a more synchronized experience with its watchlist syncing feature that updates between mobile and online accounts, a feature not available in Spreadex. Furthermore, Trading 212 shines with an impressive array of 104 technical studies for charting, while this specific detail is not available for Spreadex.
Despite both apps receiving a solid four-star rating, Trading 212 holds a higher rank of 17th out of 63 brokers in the Mobile Trading Apps category on ForexBrokers.com, compared to Spreadex, which comes in at 46th. Additionally, Trading 212 automatically saves your chart drawings, making it more convenient for on-the-go trading. Both apps support creating watchlists with real-time quotes, but Trading 212's added features and higher rankings make it stand out for users looking for a comprehensive mobile trading experience.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 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.
When comparing Trading 212 and Spreadex for market research, it becomes clear that Spreadex offers more comprehensive resources. While both brokers provide access to forex news from top sources like Bloomberg and Reuters and have sentiment-based trading tools, Spreadex excels by offering daily market commentary and technical analysis tools through Autochartist. Unfortunately, Trading 212 does not provide these features. Additionally, neither broker offers research tools from companies like TipRanks or Acuity Trading.
For those who rely on economic calendars to track global news, both brokers provide this feature, ensuring traders are informed of upcoming events. However, Spreadex edges ahead with a higher research rating of 4 stars compared to Trading 212's 3.5 stars. According to ForexBrokers.com, Spreadex is ranked 31st out of 63 brokers in the research category, outperforming Trading 212, which is ranked 44th. Overall, Spreadex is more suited for traders seeking in-depth market research tools and insights.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | 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.
When it comes to educational resources for beginners, both Trading 212 and Spreadex excel in providing a variety of learning materials on forex and CFDs. Each platform boasts over ten educational pieces, including articles and videos, making it easy for new traders to get started. However, neither company offers ongoing monthly webinars for continued learning, but Trading 212 makes up for this by providing a searchable archive of past webinars. Both brokers also cater to beginner traders with at least ten videos specifically designed to introduce fundamental trading concepts.
For those seeking more in-depth knowledge, Trading 212 stands out with ten advanced educational videos, whereas Spreadex falls short in this area. Each platform includes an investor dictionary to help clarify investing terms, enhancing the educational experience. Despite Trading 212's broader selection of advanced materials, it is rated 3.5 stars for education, slightly below Spreadex's 4 stars. Nevertheless, Trading 212 holds a higher ranking in the education category by ForexBrokers.com, suggesting that its offerings resonate well with users seeking comprehensive learning tools.
| Feature |
Trading 212
|
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 | Yes | 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 Trading 212 is better than Spreadex. Trading 212 finished with an overall rank of #31, while Spreadex finished with an overall rank of #39.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 80 | 71 |
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Both Trading 212 and Spreadex allow users to trade cryptocurrency derivatives, but neither platform offers the option to purchase actual delivered cryptocurrencies.
When comparing the online brokers Trading 212 and Spreadex in terms of payment options for depositing or withdrawing funds, Trading 212 supports ACH/SEPA transfers, PayPal, Visa, Mastercard, and bank wires whereas Spreadex offers Visa, Mastercard, and bank wires, but lacks support for ACH/SEPA transfers and PayPal.
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 | Trading 212 | Spreadex | |
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| Trust Score | 80 | 71 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Spreadex Review |
| Broker Screenshots | Trading 212 | Spreadex | |
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| Regulation | Trading 212 | Spreadex | |
|---|---|---|---|
| Trust Score | 80 | 71 | |
| Year Founded | 2004 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | No | No | |
| 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) | Trading 212 | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trading 212 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 10000 | |
| Forex Pairs (Total) | 146 | 52 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | Trading 212 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 2.7 | 0.81 | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | €1 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Trading 212 | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trading 212 | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 8 | |
| Charting - Indicators / Studies (Total) | 54 | 58 | |
| Charting - Drawing Tools (Total) | 20 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | 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 | 104 | 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 | Trading 212 | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | 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 | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trading 212 | 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 | Trading 212 Review | Spreadex Review |
| Overall | Trading 212 | Spreadex | |
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| Trust Score | 80 | 71 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Spreadex Review |
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