SpreadCo Review – What to expect from the broker

SpreadCo is a CFD and spread betting broker that features on its trading platform CFDs on Forex, shares, commodities, indices. Spread Co Limited is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The minimum spread is for EUR/USD 0.8 pips*, real trading is possible with a minimum deposit of $250. The SpreadCo website is available in English only.

What do we cover in our SpreadCo Review?


General Risk Warning: 74–89% 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.

Basic information about the broker

  • Website address: www.SpreadCo.com
  • Leverage: up to 1:30
  • Instruments: CFDs – Forex, shares, commodities, indices
  • Minimum deposit: $250
  • Demo account: Yes
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Credit and debit cards

SpreadCo Trading Platform

For FX and CFD trading, SpreadCo offers its own trading platform. This platform is accesible from web browser or can be downloaded to your smart device.

SpreadCo Spreads

As any other CFD broker, SpreadCo charges a spread fee. For the most current spread charges, please visit the SpreadCo.com website. Here is a spread comparison table that contrasts SpreadCo spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
SpreadCo* 0.8 N/A N/A N/A
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Spreads recorded on 28.09.2019 at 12:43 GMT, spread charges were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

SpreadCo regulation

SpreadCo Review – What to expect from the brokerSpread Co Limited is authorized and regulated under the Financial Conduct Authority with reference number 446677.

To sum up the SpreadCo Review

SpreadCo adheres to strict regulatory guidelines of the FCA. The broker offers decent spreads and a free demo. The amount of available CFDs is not particularly attractive plus there are no CFDs on Bitcoin or any altcoins.

SpreadCo Review – What to expect from the broker
3 (60%) 1 vote[s]

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Michael

Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in technical analysis, namely in chart pattern setups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. I do not give investment advice, but for general inquiries please use the comment section under any article.
Michael

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