Two brokers clash over regulation, cost and platform choices. The matchup tests whether stricter trust frameworks or broader trading tools deliver clearer value.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want MT4/MT5 access and raw spreads with a $3/lot commission.
Choose if…
Choose Spreadex if you value TradingView charting and a proprietary platform with no minimum deposit.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.5 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
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 | Errante | 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) | Pass | 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: Errante 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.
Errante 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 Errante requires at least $50. This makes Spreadex more accessible for traders with limited starting capital.
Both Errante 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.
Errante lists maximum leverage of 30:1, 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.
Errante charges $3 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 4, MetaTrader 5, while Spreadex supports Proprietary Web/Mobile, TradingView. Errante has exclusive access to MetaTrader 4 and MetaTrader 5. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
Errante offers tighter spreads from 0.00 pips vs 0.60 pips for Spreadex, reducing trading costs.
Spreadex is FCA-regulated with higher trust scores and investor protection features.
Errante wins for active traders with MT4/MT5 and raw spreads.
Errante is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Spreadex wins for platform choice with a proprietary platform and TradingView integration.
Spreadex wins for beginners with no minimum deposit and accessible spread betting.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2017 | 1999 |
|---|
| Headquarters | Limassol, Cyprus | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $50 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $3/lot | N/A |
|---|
| 0.3 pips | N/A |
| Max Leverage | 30:1 | 30:1 |
|---|
| Inactivity Fee | None | 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 | CySEC FSA Seychelles | FCA |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
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
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
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
Spreadex edges Errante on the editorial score. The gap is small (4.0 vs 3.8), reflecting stronger trust/regulation and platform options for Spreadex.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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