Written by ForexBrokers.com
In this head to head comparison of XTB 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 the online brokers XTB and Spreadex, there are notable differences in their trust and regulatory standings. XTB, established in 2002, enjoys a high level of trust with a ForexBrokers.com Trust Score of 96 out of 99. The company is publicly traded, indicating a level of transparency desirable to many investors. XTB holds two Tier-1 licenses, marking it as highly trusted, alongside two additional Tier-2 licenses, further solidifying its position as a secure choice for traders. It's important to note that XTB is not a bank, which is typical for online brokers.
In contrast, Spreadex, which has been operating since 1999, has a ForexBrokers.com Trust Score of 71, placing it in the average risk category. Unlike XTB, Spreadex is not publicly traded, which may impact the perception of transparency. Spreadex holds one Tier-1 license, indicating a reasonable level of trust, but it lacks Tier-2 licenses, which could be a consideration for risk-averse traders. Similar to XTB, Spreadex is not a bank, aligning with standard industry practices for such platforms.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Year Founded | 2002 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing the commissions and fees of XTB and Spreadex, both brokers provide competitive options with distinct features. XTB offers a Standard account with spread-only pricing and a Professional account that, while historically commission-based, is being phased out. Their average forex spread on EUR/USD is 1 pip, a mid-range level when compared to industry standards. Retail traders might find the Standard account more economical, especially for smaller sums, given the minimum deposit requirement of 250 base currency. Additionally, XTB rewards active traders in the EU who can meet specific volume thresholds with a rebate through its Lower Spread Group program, with discounts ranging from 5% to 30%.
Spreadex, on the other hand, boasts tighter spreads with an average of 0.81 pips for the EUR/USD pair in January 2024, achieving a minimum spread of 0.6 pips 60% of the time. This positions Spreadex as an attractive choice for traders who prioritize lower spreads. While the minimum spread variability can influence cost efficiency, Spreadex remains a strong contender through its consistent delivery of favorable spread conditions.
In terms of rankings and ratings, XTB holds a higher position with 4.5 stars and ranks 11th out of 63 brokers for commissions and fees according to ForexBrokers.com. Spreadex achieves a rating of 4 stars, coming in at 27th place. Despite differences in spread offerings and rebate programs, both brokers deliver solid options for traders focused on costs, with XTB slightly edging out due to its more comprehensive trading incentives and higher overall ranking.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | 0.81 |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | 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.
XTB and Spreadex both excel in offering a wide array of investment options, each having their distinct strengths. XTB provides access to 7,184 tradeable symbols, including 71 forex pairs, making it a good choice for those interested in numerous forex trading possibilities. XTB stands out for allowing access to exchange-traded securities on both U.S. and international exchanges, giving clients the ability to invest in shares such as Apple and Vodafone directly. However, although XTB doesn't support copy trading, it does offer trading in cryptocurrency derivatives, which may appeal to those interested in crypto markets.
Similarly, Spreadex boasts the ability to trade 10,000 symbols, securing a competitive edge with one of the largest selections available. While it provides 52 forex pairs and offers CFD forex trading, Spreadex doesn't offer direct investment in exchange-traded securities on U.S. or international exchanges. Like XTB, it also provides access to cryptocurrency derivatives without the option for copy trading. Both platforms have been highly rated for their range of investments, with XTB assigned 5 stars and ranked #14, while Spreadex, also receiving 5 stars, ranks slightly ahead at #13 according to ForexBrokers.com.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 10000 |
| Forex Pairs (Total) | 71 | 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 XTB and Spreadex, both brokers provide access to a proprietary platform along with a web-based trading platform. However, XTB stands out for also offering a Windows-based desktop platform, which Spreadex does not. Both brokers offer virtual demo accounts for simulated trading, allowing users to practice without financial risk. Despite neither broker supporting platforms like MetaTrader 4 or 5, the in-house platforms are well-regarded, with XTB earning a rating of 4.5 out of 5 stars for its trading tools, slightly outperforming Spreadex's 4-star rating.
In terms of charting capabilities, XTB provides 32 drawing tools compared to 11 from Spreadex, though specific numbers of technical indicators are unspecified for either broker. Both allow trading directly from stock charts and offer watch lists with eight configurable columns. XTB's platform tools and offerings have helped it achieve a higher ranking, positioned at 9 out of 63 brokers on ForexBrokers.com, while Spreadex holds the 46th position. This positions XTB as having a slight edge in terms of platform functionality and user experience when it comes to online trading tools.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | 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) | 39 | 58 |
| Charting - Drawing Tools (Total) | 32 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XTB and Spreadex, both brokers provide iPhone and Android apps, allowing users to seamlessly trade across major mobile platforms. Each app supports stock and forex price alerts and the ability to create watchlists with real-time quotes, keeping traders updated on market movements. Yet, neither broker offers watchlist symbol syncing between their mobile apps and online accounts, which is a potential drawback for tech-savvy users who value integration across devices.
On the charting front, XTB stands out with 39 technical studies, while Spreadex does not provide such a feature. Both apps allow drawing trendlines on charts and offer multiple time frame views, but XTB goes a step further by automatically saving drawings. These advantages contribute to XTB's higher rating of 4.5 stars compared to Spreadex's 4 stars. Moreover, in the Mobile Trading Apps category, XTB is ranked 8th by ForexBrokers.com out of 63 brokers, while Spreadex is positioned at 46th, highlighting a notable difference in their standing and possibly indicating an edge for XTB in user satisfaction and app functionality.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 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.
Both XTB and Spreadex offer daily market commentary and forex news from top-tier sources, providing traders with the current insights they need. Additionally, both brokers supply a sentiment-based trading tool, which helps in understanding the ratio of long and short positions. They also feature an economic calendar, allowing traders to keep track of global news events. However, when it comes to technical analysis tools, Spreadex stands out by incorporating resources from Autochartist, while XTB doesn't support this feature. Similarly, neither broker offers tools from Trading Central, TipRanks, or Acuity Trading.
In terms of research quality, XTB receives a higher accolade with a five-star rating, ranking 7th out of 63 brokers on ForexBrokers.com. In contrast, Spreadex scores a four-star rating, placing it at 31st. This difference highlights XTB's superior standing in market research offerings, making it a more appealing option for those prioritizing detailed insights and comprehensive analysis in their trading strategy.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | 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 comparing educational resources for beginners, XTB and Spreadex both provide a solid foundation in forex and CFD education, featuring a minimum of 10 articles, videos, and archived webinars on these topics. However, XTB stands out with monthly live webinars designed to enhance learning, while Spreadex does not offer this feature. Additionally, XTB provides a convenient searchable archive of past webinars, making it easier for beginners to access a wealth of recorded knowledge, unlike Spreadex, which lacks this option.
Both XTB and Spreadex cater to beginners with at least 10 educational videos each, covering essential trading topics. Yet, XTB takes the lead when it comes to advanced educational content, offering more than 10 videos specifically crafted for experienced traders, which Spreadex does not provide. On the other hand, Spreadex offers an investor dictionary featuring definitions of over 50 investing terms, which XTB does not offer. With a 5-star rating and ranking at #11 by ForexBrokers.com, XTB surpasses Spreadex, which holds a 4-star rating and ranks at #45 for educational resources.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than Spreadex. XTB finished with an overall rank of #7, while Spreadex finished with an overall rank of #39.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both XTB and Spreadex do not allow investors to purchase actual cryptocurrencies directly, offering only cryptocurrency derivatives for trading instead.
In comparing online brokers XTB and Spreadex, neither provides ACH or SEPA transfers as fund transfer options; however, XTB supports PayPal and Skrill for deposits and withdrawals, while Spreadex does not, although both brokers accept Visa, Mastercard, and bank wire 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | XTB | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | XTB Review | Spreadex Review |
| Broker Screenshots | XTB | Spreadex | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | XTB | Spreadex | |
|---|---|---|---|
| Trust Score | 96 | 71 | |
| Year Founded | 2002 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 10000 | |
| Forex Pairs (Total) | 71 | 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 | XTB | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 0.81 | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | No | No |
| Trading Platforms | XTB | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | 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 | XTB | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 8 | |
| Charting - Indicators / Studies (Total) | 39 | 58 | |
| Charting - Drawing Tools (Total) | 32 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 39 | 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 | XTB | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | 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 | XTB | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | 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 | XTB Review | Spreadex Review |
| Overall | XTB | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | XTB Review | Spreadex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill