The safety dossier

Home / Reviews / Spreadex / Fees

Spreadex fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

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

Facts last checked . Read the full Spreadex review.

What it costs to trade

Spread from
0.6 pips
EUR/USD spread
Variable; from 0.6 pips
GBP/USD spread
Variable; from 0.9 pips
Commission
$0 on forex
All-in cost, EUR/USD
From 0.6 pips
Spread type
Variable
Overnight swap
Both: daily/overnight funding may be charged or credited
Deposit fee
None on standard methods
Withdrawal fee
Generally none on standard methods; £25 for CHAPS
Currency conversion
Applicable where currency conversion is required

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Spreadex lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Spreadex fees

Does Spreadex charge to deposit or withdraw?

Deposit fees at Spreadex: None on standard methods. Withdrawal fees: Generally none on standard methods; £25 for CHAPS.

What does Spreadex charge to hold a position overnight?

Overnight financing at Spreadex is recorded as both: daily/overnight funding may be charged or credited.

What is the EUR/USD spread at Spreadex?

Spreadex records an average EUR/USD spread of variable; from 0.6 pips on a variable pricing model.

Fees at brokers under the same regulator

More about Spreadex