This comparison pits a local Indonesian broker against a UK-based spread betting specialist, highlighting differences in regulation, platform access, and instrument scope.
Find out which broker best suits your trader profile.
Choose if…
Choose Dupoin if you value Indonesian regulatory alignment and MT4/MT5 access. Funding is available via local IDR accounts with segregated client funds.
Choose if…
Choose Spreadex if you want FCA oversight, a wide instrument universe, and TradingView charts.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.6/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 4.5 / 5▲ |
Pros
BAPPEBTI-licensed and OJK-registered, full Indonesian regulatory compliance
OJK registration no. 2025020000000412 is publicly verifiable
Offers both MetaTrader 4 and MetaTrader 5
Local Indonesian bank transfer funding with IDR accounts
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dupoin | 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 | Fail | Fail |
The scores are close: Dupoin rates 3.6/5 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.
Spreadex starts from 0.6 pips, tighter than Dupoin's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while Dupoin requires at least $30. This makes Spreadex more accessible for traders with limited starting capital.
Spreadex holds top-tier regulation (FCA), providing stronger investor protections. Dupoin 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.
Dupoin lists maximum leverage of 100:1, 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.
Dupoin supports MetaTrader 4, MetaTrader 5, while Spreadex supports Proprietary Web/Mobile, TradingView. Dupoin has exclusive access to MetaTrader 4 and MetaTrader 5. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
Spreadex offers tighter spreads from 0.60 pips vs 1.50 pips for Dupoin, reducing trading costs.
Spreadex wins safety & regulation with FCA oversight, segregated funds, negative balance protection, and investor compensation scheme.
Spreadex suits active traders with a wide instrument universe and advanced charting via TradingView.
Dupoin is better suited for scalpers: raw/ECN spreads available.
Spreadex offers broader platform choice with TradingView and a proprietary platform.
Spreadex wins for instrument variety with 10,000 markets versus Dupoin's 100.
Fees & Spreads 30% weight | 3.5 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.6 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.5 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2020 | 1999 |
|---|
| Headquarters | Jakarta, Indonesia | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $30 | No minimum▼ lower |
|---|
| Spreads From | 1.5 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 100:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transfer | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | BAPPEBTI OJK | FCA |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Only available to Indonesian residents, no international clients
Shorter operating history than established domestic peers
Narrow product range limited to forex and commodity futures
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Support available in limited languages
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
Spreadex edges Dupoin on the editorial score, supported by stronger regulation, broader platforms, and far more tradable instruments.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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