Spread Co Review (2023)

Min Deposit
WebTrader, Mobile App

What is Spread Co?

Spread Co is the London based online trading provider and a firm that gives access to trade spread betting, CFD and Forex through equities, indices, currencies, including Bitcoin, and commodities. The company itself was founded in 2006 and has been proven as one of the most competitive tight, fixed spreads among the offering with low commissions and charges that keep the cost of trading lower while maximizing potential gains.

All trading process at Spread Co packed with great technology and by fixed spread strategy, means you can take control over the trading by calculating an exact expanse along with a safe knowledge about the charges.

Spread Co Pros and Cons

Spread Co provides easy digital account opening, it is trusted broker and there are good trading conditions with tight fixed spreads and selection of platforms. There are various options to deposit or withdraw funds, education section is good with trading videos and news.

On the flip side trading instruments are limited to Forex and CFDs, fees for Stock CFDs are higher, and there is no 24/7 support.

10 Points Summary
🏢 Headquarters UK
🗺️ Regulation FCA
🖥 Platforms Web Platform, Mobile Apps
📉 Instruments CFD and Forex through equities, indices, currencies, including Bitcoin, and commodities
💰 EUR/USD Spread 0.8 pips
🎮 Demo Account Provided
💳 Minimum deposit 250 GBP
💰 Base currencies USD, GBP, EUR
📚 Education Dedicated relationship managers and education
☎ Customer Support 24/5

Is Spread Co safe or a scam

Spread Co is reliable broker with FCA licence and lower risk trading.

Spread Co’s as a UK trading platform using the latest online security features, also all credits of Live Spread Co accounts are held by a top tier bank in segregated accounts as per Spread Co regulation by the UK Financial Conduct Authority, read more Why trade with FCA brokers by the link.

All funds are managed in accordance with their sharp rules and require numerous following restrictions and reporting. Also, when you deal with an FCA regulated firm you can also use the services of the Financial Services Compensation Scheme and the Financial Ombudsman Service if you have a complaint.


Leverage levels offered by Spread Co does depend on the regulatory requirement you trading with and the brokerage operates. This applies due to various safety measures applied to eliminate the risks involved while trading, specifically for retail traders.

Therefore, being a UK brokerage the set of rules established by the European ESMA authority and allows lower leverage levels of up to 1:30 for Forex instruments, 1:20 for minor currency pairs and even 1:10 for Commodities. Cryptocurrency trading offers a Bitcoin Futures with leverage x5, without capital gains tax and with all benefits offered by the company.

Account types

There is no a choice between account types at Spread Co, but you can choose two settings defining which trading style you will use, which goes to a choice between spread betting and CFD account. To submit an account with Spread Co you have to process an application form with the requirement to submit some personal details and information about the trading experience. Firstly account will be defined as a Demo one, and once funds are deposited it will be transferred to the Live status and you can start trading immediately.


Spread Co fees are built into a spread, additional fees like funding fees or other should be also considered, see fee table below. As well, always consider rollover or overnight fee as a costs, which is about -2% for short positions held longer than a day.


The Spread Co spread is 0.8 for spread bets in the FTSE 100 and US DJIA Index along with EUR/USD pair. In addition, you may benefit from 0% financing on short index and equity positions, also apply for 2% interest on cash balances in spread betting account (Check out spread betting companies) with the minimum of 10,000 GBP in the account.

For instance, see below comparison on some popular instruments and Spread Co Spread, as well compare fees to another popular broker Pepperstone.

Fees Spread Co Fee Alapri Spread XM Spread
Deposit fee No No No
Withdrawal fee No No No
Inactivity fee Yes Yes Yes
Fee ranking Low Low Average
Asset Spread Co Spread Alapri Spread XM Spread
EUR USD Spread 0.8 pips 1.1 pips 1.6 pips
Crude Oil WTI Spread 4 pips 1 pips 5 pips
Gold Spread 4 4 35

Deposits and Withdrawals

In order to start Live trading, of course, you should deposit an initial requirement to start, which is set at a quite competitive level by Spread Co. Funding an account is a straightforward process, which takes only a few minutes and includes various payment methods Credit and Debit Cards, Bank Transfers and e-payment Skrill.

Minimum deposit

Spread Co minimum deposit amount is 200GBP for Spread betting accounts and for CFD accounts is 250GBP.

Spread Co minimum deposit vs other brokers

Spread Co Most Other Brokers
Minimum Deposit GBP200 $500


The broker does not charge any additional fees for deposits, however the payment provider may treat the deposits as a cash advance hence will add extra fees, which require your check on the issue. The withdrawal company policy states that withdrawals must go back to the original source and may be performed by any of abovementioned methods, while the minimum withdrawal is allowed by 50GBP.

Trading Platforms

Spread Co offers easy to use platforms that allow to monitor and trade positions wherever the client is. All platforms developed for optimum performance over the thousands of equities, indices, commodities and FX pairs.

Spread Co Platform is a proprietary software a Web based Platform that requires no download and letting to customize all trading experience through popular features and the most useful ones. Both experienced and novice to trading will find comfortable conditions to trade, while professionals can use the tiled window that gives an array of information in one place.

Mobile Platform

Mobile App as an essential tool remains at your availability also, which lets to stay updated at all times with almost the same powerful features as a web platform. While Spread Co charts that are powered by TradingView Inc. integrates a confidential place to trade with a comprehensive suite of analysis tools.

And of course, to make the trading process a pleasant one, you should know platforms fluently as well to count on the power of tools and necessary data. For that reason, the broker provides news, data and guides, which covers global markets and keeps you up to date.


Furthermore, Spread Co pays great attention to the client’s support through dedicated relationship managers that provide assistance, as well providing education. Whenever you as a trader need any help or attention, the broker’s staff always ready to assist, while the educational library provides guides and video updates along with the market overview, platform tours, news and economic calendars.


The Spread Co review we conclude that for over a decade experience and a quite know broker within the UK, offering includes a wide range of trading instruments through CFDs with even increased opportunities with demanded Bitcoin trade offered with the fixed spread only. This strategy keeps an easy mind while you will understand expenses at any time clearly. However, the only con may be that broker does not offer a popular MT4 as a platform, which is demanding among the traders, yet the proprietary platform is quite powerful.


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