This comparison pits a low-deposit, MT4/MT5-enabled broker against a UK-focused spread betting specialist with a proprietary platform. The tension centers on cost structures and access to familiar trading tools.
Find out which broker best suits your trader profile.
Choose if…
Choose Exness if you want MT4/MT5 access and multilingual support.
Choose if…
Choose Spreadex if you want a proprietary platform with TradingView integration for spread betting.
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 | 4.3 / 5 | 4.5 / 5▲ |
Pros
Near-unlimited leverage on offshore entity
Extremely low $1 minimum deposit on Standard account
Instant withdrawals available 24/7 including weekends
One of the world's highest-volume retail FX brokers
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 | Exness | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: Exness rates 4.4/5 and Spreadex rates 4/5. Exness 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.
Exness starts from 0.3 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 Exness requires at least $1. This makes Spreadex more accessible for traders with limited starting capital.
Both Exness 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.
Exness lists maximum leverage of 2000:1, 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.
Exness charges $3.5 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
Exness supports MetaTrader 4, MetaTrader 5, while Spreadex supports Proprietary Web/Mobile, TradingView. Exness has exclusive access to MetaTrader 4 and MetaTrader 5. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
Exness offers tighter spreads from 0.30 pips vs 0.60 pips for Spreadex, reducing trading costs.
Exness wins for safety & regulation due to multiple regulators and segregated funds.
Exness wins for active traders with ultra-high leverage and broad instrument variety.
Exness is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.30 pips.
Spreadex wins for platform choice with a proprietary platform and TradingView integration.
Spreadex offers about 10,000 instruments, far more than Exness.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.1 / 5 |
|---|
| Founded | 2008 | 1999 |
|---|
| Headquarters | Limassol, Cyprus | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $1 | No minimum▼ lower |
|---|
| Spreads From | 0.3 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $3.5/lot | N/A |
|---|
| 0.65 pips | N/A |
| Max Leverage | 2,000:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPerfect MoneyCryptoP2P | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPerfect MoneyCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FCA FSCA OJK | 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
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
Not available to US residents
EU clients face significant leverage restrictions
Unlimited leverage carries extreme risk for inexperienced traders
No proprietary platform
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
Exness leads overall with the higher editorial score, while Spreadex remains behind; Exness benefits from lower minimum deposits, tighter spreads, and MT4/MT5 access.
Dig deeper into each broker’s features, fees, and regulation.
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