Two distinct models collide: FxPro offers multi-platform forex with multiple regulators, while Spreadex concentrates on UK spread betting with TradingView.
Find out which broker best suits your trader profile.
Choose if…
Choose FxPro if you want MT4/MT5 and cTrader with FCA and CySEC regulation.
Choose if…
Choose Spreadex if you want FCA regulation with zero minimum deposit and TradingView integration.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.5 / 5▲ |
Pros
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FxPro | 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 | 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: FxPro rates 4.3/5 and Spreadex rates 4/5. FxPro 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while FxPro requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Both FxPro 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.
FxPro lists maximum leverage of 500:1, 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.
FxPro charges $7 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
FxPro supports Proprietary Web/Mobile, cTrader, MetaTrader 4, MetaTrader 5, while Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. FxPro has exclusive access to cTrader and MetaTrader 4 and MetaTrader 5. Spreadex has exclusive access to TradingView.
Spreadex offers tighter spreads from 0.60 pips vs 1.20 pips for FxPro, reducing trading costs.
FxPro wins for safety and regulation with FCA, CySEC and FSCA oversight.
FxPro wins for active traders thanks to MT4/MT5 and cTrader access and higher leverage.
FxPro is better suited for scalpers: raw/ECN spreads available.
FxPro wins for platform choice with MT4, MT5, cTrader and proprietary web/mobile.
Spreadex wins for beginners with zero minimum deposit and straightforward spread betting.
Spreadex wins for instrument variety with over 10,000 markets.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2006 | 1999 |
|---|
| Headquarters | London, United Kingdom | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 1.2 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 1.9 pips | N/A |
| Max Leverage | 500:1▲ higher | 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 FCA FSCA | FCA |
|---|
| Platforms | Proprietary Web/Mobile cTrader MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
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
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
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
FxPro edges Spreadex on editorial score (4.3 vs 4.0) thanks to broader platform coverage and multi-regulatory oversight.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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