Two brokers clash over regulation, platform access, and cost structures. The matchup tests protection and price transparency, inviting scrutiny of who edges ahead.
Spreadex edges AMarkets on editorial score and regulation, as FCA oversight and investor protections exceed what AMarkets offers.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
AMarkets offers tighter spreads from 0.00 pips vs 0.60 pips for Spreadex, reducing trading costs.
| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.5 / 5▲ |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | Spreadex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: AMarkets rates 3.8/5 and Spreadex rates 4/5. Spreadex has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
AMarkets starts from 0 pips, tighter than Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while AMarkets requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Spreadex holds top-tier regulation (FCA), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
Spreadex stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while Spreadex lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. AMarkets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
Spreadex wins for safety and regulation due to FCA oversight and compensation protections, unlike AMarkets.
AMarkets wins for active traders due to ECN pricing and high leverage.
AMarkets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
AMarkets wins for platform choice with MT4, MT5 and cTrader supported.
Spreadex wins for instrument variety with around 10,000 markets.
Fees & Spreads 30% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2007 | 1999 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 3,000:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | SVGFSA | FCA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Cons
SVG FSA registration only, no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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