In this comparison, two regulated brokers meet different needs: AvaTrade emphasizes cross-jurisdiction oversight and a wide platform mix, while Spreadex centers on UK spread betting with TradingView tools.
Find out which broker best suits your trader profile.
Choose if…
Choose AvaTrade if you want MT4/MT5 access, AvaOptions, and broad regulation across multiple jurisdictions.
Choose if…
Choose Spreadex if you prefer TradingView charting, UK spread betting, and FCA regulation.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.4/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.5 / 5▲ |
Pros
Heavily regulated across 6+ jurisdictions
AvaOptions platform for vanilla options trading
Strong educational content and structured courses
Multiple platforms including MT4, MT5 and proprietary AvaTradeGo
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AvaTrade | Spreadex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: AvaTrade rates 4.4/5 and Spreadex rates 4/5. AvaTrade 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.
Spreadex starts from 0.6 pips, tighter than AvaTrade's 0.9 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while AvaTrade requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Both AvaTrade and Spreadex hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Spreadex has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
AvaTrade lists maximum leverage of 400:1, 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.
AvaTrade supports Proprietary Web/Mobile, ZuluTrade, MetaTrader 4, MetaTrader 5, while Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. AvaTrade has exclusive access to ZuluTrade and MetaTrader 4 and MetaTrader 5. Spreadex has exclusive access to TradingView.
Spreadex offers tighter spreads from 0.60 pips vs 0.90 pips for AvaTrade, reducing trading costs.
AvaTrade wins with cross-jurisdiction regulation and segregated client funds.
AvaTrade wins for active traders due to MT4/MT5 access and multiple platforms.
Spreadex is better suited for scalpers: tighter spreads from 0.60 pips.
AvaTrade wins for beginners due to strong educational content and structured courses.
Spreadex wins for instrument variety with 10,000 markets.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.4 / 5▲ | 4.1 / 5 |
|---|
| Founded | 2006 | 1999 |
|---|
| Headquarters | Dublin, Ireland | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0.9 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $50/month (after 3 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FSCA MFSA CBI ADGM | FCA |
|---|
| Platforms | Proprietary Web/Mobile ZuluTrade MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
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
Inactivity fee of $50 after 3 months of no trading
Not available to US residents
Spread-only model means no raw ECN pricing
No investor compensation scheme
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
AvaTrade outperforms Spreadex on editorial score (4.4/5 vs 4.0/5) due to broader regulation and education.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker