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Spreadex accounts: which entity holds your money

The account you open decides which legal entity and which regulator stand behind it. Here are Spreadex's accounts with that in mind.

Regulation: Financial Conduct Authority (FCA), FRN 190941. How Spreadex is regulated

Facts last checked . Read the full Spreadex review.

Accounts

Minimum deposit
$5
Account types
Spread Betting, CFD, Professional
Account currencies
GBP primarily
Islamic account
No
Demo account
Yes
Professional account
Yes, Spreadex Pro
Minimum trade size
From £0.01 per point on selected markets
Time to open
Online application; verification dependent

What this means

A short account range, which usually means less to get wrong - the pricing you are shown is close to the pricing you get.

Base currencies: GBP primarily. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is From £0.01 per point on selected markets. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about Spreadex accounts

Which base currencies does Spreadex support?

Spreadex accounts can be held in GBP primarily. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.

What is the minimum deposit at Spreadex?

The minimum deposit at Spreadex is $5. It can differ by account type and by the entity you register with.

What account types does Spreadex offer?

Spreadex offers 3 account types: Spread Betting, CFD, Professional.

Accounts at brokers under the same regulator

More about Spreadex