Both brokers score highly on regulation and safeguards, yet they diverge on platform features and market access, inviting closer scrutiny.
Find out which broker best suits your trader profile.
Choose if…
Choose Plus500 if you value a simple proprietary platform and zero commission on trades.
Choose if…
Choose Spreadex if you want TradingView-powered charting and access to 10,000+ markets.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
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 | Plus500 | 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 | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
Plus500 and Spreadex share the same editorial score of 4/5. One concrete differentiator: Spreadex requires a lower minimum deposit.
Both Plus500 and Spreadex start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Spreadex has no minimum deposit, while Plus500 requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Both Plus500 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.
Plus500 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.
Plus500 supports Proprietary Web/Mobile, while Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView.
Both brokers offer spreads from 0.60 pips.
Plus500 wins for safety and regulation with FCA, ASIC, CySEC, MAS, CMA oversight.
Spreadex wins for active traders with TradingView integration and advanced charting.
Spreadex wins for platform choice by offering TradingView integration alongside its own platform.
Plus500 wins for beginners with a simple platform and transparent pricing.
Spreadex wins for instrument variety with 10,000+ markets.
Fees & Spreads 30% weight | 4.0 / 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 | 2008 | 1999 |
|---|
| Headquarters | Haifa, Israel | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0.6 pips | 0.6 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1 | 30:1 |
|---|
| Inactivity Fee | $10/month (after 3 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrillApple Pay | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardPayPalSkrill | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC CMA FCA MAS | FCA |
|---|
| Platforms | Proprietary Web/Mobile | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
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
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
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
Plus500 and Spreadex are closely matched overall, with regulation and pricing similar; however Spreadex leads on instrument variety.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Score 4 / 5
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