Forex.com and Spreadex present a clash of forex execution approaches and regulatory focus. The matchup pits broad platform access and raw spreads against UK spread betting and TradingView integration.
Find out which broker best suits your trader profile.
Choose if…
Choose Forex.com for MT4/MT5 access and raw spreads.
Choose if…
Choose Spreadex for TradingView charting and UK spread betting.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
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 | Forex.com | 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 | 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: Forex.com rates 4.2/5 and Spreadex rates 4/5. Forex.com 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 Forex.com's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while Forex.com requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Both Forex.com 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.
Forex.com lists maximum leverage of 50:1, 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.
Forex.com charges $7 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. Forex.com has exclusive access to MetaTrader 5 and MetaTrader 4. Spreadex has exclusive access to TradingView.
Spreadex offers tighter spreads from 0.60 pips vs 1.00 pips for Forex.com, reducing trading costs.
Forex.com wins for safety & regulation with multiple regulators and segregated funds.
Forex.com wins for active traders due to MT4/MT5 access and raw spreads.
Forex.com is better suited for scalpers: raw/ECN spreads available.
Forex.com offers MT4/MT5 and proprietary web/mobile platforms.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 1999 | 1999 |
|---|
| Headquarters | Bedminster, New Jersey, USA | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 1 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 1.7 pips | N/A |
| Max Leverage | 50:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $15/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CFTC FCA MAS IIROC NFA | FCA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
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
Forex.com is the editorial winner, driven by broader regulation and raw spreads. Spreadex remains a solid UK option with TradingView and spread betting.
Dig deeper into each broker’s features, fees, and regulation.
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