Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Spread Co Pros & Cons
- FCA regulation and segregation of client funds.
- No deposit fees for any payment method.
- Trading platform with TradingView charts.
- Access to a wide range of markets with CFD and spread betting formats.
- Negative balance protection for retail clients.
- No minimum deposit requirement (GBP 100 recommended).
- Online account opening through the broker’s website.
- Limited selection of trading platforms.
- No bonuses, trader competitions, or online chat on the website.
- Fee charged for expedited withdrawals (£10 to £15).
Spread Co Limited is a British broker founded in 2006 and regulated by the Financial Conduct Authority (FCA), registration number 44667. The company provides access to more than 1,000 markets, including CFDs and spread betting on currencies, indices, commodities, stocks, and ETFs, and offers a demo account for trading practice. Spread Co focuses on self-directed trading and provides retail and professional traders with a broad range of instruments. Client funds are held separately from the company’s capital in segregated accounts at approved European Economic Area (EEA) banks. Spread Co clients are also protected by the Financial Services Compensation Scheme (FSCS), which provides compensation of up to £85,000 per client if the broker becomes insolvent.
TU Expert Verdict
Spread Co demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
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Spread Co User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria9 /10The trading and non-trading commissions of Spread Co have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Spread Co with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Spread Co’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Spread Co Standard spreads Spread Co OANDA FOREX.com EUR/USD min, pips 0.8 0.1 0.7 EUR/USD max, pips 1.2 0.5 1.2 GPB/USD min, pips 0.8 0.1 0.9 GPB/USD max, pips 1.4 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Spread Co RAW/ECN spreads Spread Co OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.1 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Spread Co. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Spread Co Non-Trading Fees Spread Co OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-10 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is Spread Co Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9 /10Spread Co has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Regulated in the UK
- Track record over 20 years
- No negative balance protection
Spread Co Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level 
FCA UK Full Name Financial Conduct Authority Country of regulation United Kingdom Investor Protection Fund Up to £85,000 Regulation Level Tier-1 Spread Co Security Factors Foundation date 2006 Negative balance protection NoVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.0 /10Spread Co offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Standard account with balanced trading conditions
- Low minimum deposit
- No Swap Free account
- No VIP account option
Spread Co account types vs top competitors Spread Co Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoSpread Co accounts trading conditions
Spread Co offers account types designed for different trading styles and levels of trader experience. The broker provides separate solutions for spread betting and CFD trading, allowing traders to choose the format that best fits their strategy, risk tolerance, and preferred instruments. There is no mandatory minimum deposit, although funding the account with at least GBP 100 is recommended.
Account types:
Account Type Description Spread Betting account An account for spread betting with access to more than 1,000 markets, including indices, currencies, commodities, and stocks. The minimum stake starts from £1. The account includes negative balance protection and a professional charting package. CFD Account An account for trading CFDs on stocks, commodities, currencies, and other assets with access to the full range of Spread Co instruments. Spreads start from 1.5 pips on EUR/USD. There are no trading commissions or stamp duty, and short index positions do not incur overnight Demo A practice account that allows traders to test the platform and practice spread betting or CFD trading without using real funds. It operates with a virtual balance while using real market quotes, enabling users to explore platform features and test strategies. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.3 /10Spread Co received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Spread Co provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Bank wire transfers available
- No withdrawal fee
- Bank card deposits and withdrawals
- Wise not supported
- Only major base currencies available
- USDT payments not accepted
What are Spread Co deposit and withdrawal options?
Spread Co provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire.
Spread Co Deposit and Withdrawal Methods vs Competitors Spread Co Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are Spread Co base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Spread Co supports the following base account currencies: USD, EUR, GBP.
What are Spread Co's minimum deposit and withdrawal amounts?
The minimum deposit on Spread Co is $200, while the minimum withdrawal amount is £10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Spread Co’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.5 /10Spread Co provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 38 Forex currency pairs.
- ETFs investing
- 1000 assets for trading
- Indices trading
- Copy trading not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Spread Co with its competitors, making it easier for you to find the perfect fit.
Spread Co Trading.com Plus500 Currency pairs 38 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 1000 69 2800 Stocks NoNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products Spread Co offers for beginner traders and investors who prefer not to engage in active trading.
Spread Co Trading.com Plus500 Bonds NoNoNoETFs YesNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at Spread Co by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10We successfully registered an account with Spread Co in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Spread Co is $200. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fully online account opening process
- Low minimum deposit requirement
- Account approval may require extra time depending on the documentation.
- Registration process may take longer than expected
Spread Co account opening Spread Co Trading.com Plus500 Online Registration YesYesYesMinimum deposit $200 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 20 20 KYC time (days) 2 2 3 Is Spread Co available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
Traders from the United Kingdom and other countries can open a trading account on the official Spread Co website.
The standard procedure includes the following steps:
Start registration by clicking Start Trading.
Choose the account type and account currency.
Provide personal and financial information.
Answer questions about trading experience and strategy.
Confirm understanding of the risks and complete identity verification.
Features of Spread Co user account allow traders to:
- Trade through the online trading platform.
- Link a card or bank account.
- Deposit funds to the trading account balance.
- Withdraw trading profits.
- View trading history.
- Update personal information and bank account details.
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Customer Support
Score:We evaluated Customer Support at Spread Co by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria2.3 /10Spread Co demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationSpread Co provides several ways to contact customer support for both clients and users without active accounts. Support specialists respond to inquiries Monday through Friday between 9:00 and 17:30 UK time.
- Resolution of any issues through customer support
- Contact by phone and online
- Few available communication channels
- No chat on the broker’s website
Available communication channels:
- Email.
- Phone.
- Facebook.
- Company profile on X.
Contacts Foundation date 2006 Registration address 22 Bruton Street, London W1J 6QE Regulation FCA Licence number:
446677Official site https://www.spreadco.com/ Contacts cs@spreadco.com info@spreadco.com +44(0)1923 832 682, 0800 078 9398
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FAQs
What does the regulation and safety information say about trading with Spread Co?
Spread Co is regulated by the UK Financial Conduct Authority (FCA), a Tier-1 regulator, and has a safety score of 9/10, which corresponds to a high security level in this review. The broker was founded in 2006 and participates in an investor protection fund that can cover up to £85,000, but it does not offer negative balance protection, which is noted as a disadvantage.
How are Spread Co trading fees and non-trading charges structured in this review?
According to the analysis, Spread Co has been rated as having low overall fees, with a fees score of 9/10, and offers tight EUR/USD spreads on its Standard account (typically 0.8–1.2 pips) and a $2 per lot commission with around 0.1 pip average spreads on its RAW/ECN account. Non-trading fees are described as relatively low as well, with no deposit or inactivity fees and withdrawal fees ranging from $0 to $10 depending on the method.
What do reviews and feedback indicate about overall user satisfaction with Spread Co?
Based on available user reviews, Spread Co has a user satisfaction score of 3/10 from 8 reviews, with 75% of ratings at 1 star and 25% at 3 stars. According to user comments, the overall tone of feedback is mostly negative in this sample.
What markets and tradable assets are available with Spread Co according to the review?
The review states that Spread Co offers around 1,000 tradable assets, including 38 forex currency pairs, stock indices, commodity futures, and ETFs, which is described as a standard range in line with the market average. It also notes some limitations, such as the absence of bonds, stocks, crypto, options, and a relatively small selection of currency pairs compared with some peers.
How is Spread Co customer support described in reviews and testing feedback?
The customer support at Spread Co is rated with a low safety score of 2.3/10, with testing indicating that responses can be slow and sometimes not sufficiently helpful. Support is available Monday to Friday from 9:00 to 17:30 UK time via email, phone, Facebook, and X, but the review notes few communication channels and the absence of live chat on the website.
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