Spreadex and tastytrade face off across regulation, cost structures, and platform tools. The tension lies in fees and platform depth versus protections and accessibility.
tastytrade edges Spreadex on the editorial score with stronger Fees & Spreads and Platforms & Tools, though Spreadex provides negative balance protection.
Find out which broker best suits your trader profile.
Choose Spreadex if…
Choose Spreadex for FCA regulation and UK spread betting coverage. You also get TradingView integration for charting and orders.
Choose tastytrade if…
Choose tastytrade if you want an options focused platform with $0 to open and $1 per contract to close. It emphasizes exchange-routed execution with no PFOF.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Spreadex offers spreads from 0.60 pips.
| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5 | 4.5 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Spreadex | tastytrade |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Fail |
The scores are close: Spreadex rates 4/5 and tastytrade rates 4.3/5. tastytrade 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. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
Neither Spreadex nor tastytrade requires a minimum deposit, making both accessible regardless of starting capital.
Both Spreadex and tastytrade 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, Spreadex provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
Spreadex lists maximum leverage of 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot on commission-based accounts. Commission details for Spreadex are not currently available. Check their website for up-to-date pricing.
Spreadex supports Proprietary Web/Mobile, TradingView, while tastytrade supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView.
equally matched
tastytrade wins due to higher platform depth and options pricing.
Spreadex is best for beginners due to zero minimum deposit and UK spread betting.
tastytrade wins with futures and futures options on a single account.
Fees & Spreads 30% weight | 4.2 / 5 | 4.8 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.7 / 5▲ |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
| Founded | 1999 | 2017 |
|---|
| Headquarters | St Albans, Hertfordshire, United Kingdom | Chicago, Illinois, United States |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0.6 pips | N/A |
|---|
| Commission / lot | N/A | $1/lot |
|---|
| N/A | N/A |
| Max Leverage | 30:1 | N/A |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferWire transferACH |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferWire transferACH |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA | CFTC NFA |
|---|
| Platforms | Proprietary Web/Mobile TradingView | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
Pros
Options commissions capped at $10/leg, major cost advantage for traders who size up
$0 to open options trades; $1/contract to close
Platform built natively for options: IVR, Greeks, curve tool, and multi-leg management all first-class
Futures and futures options on the same account as equity derivatives
No PFOF on options, exchange-routed for best execution
Part of IG Group (LSE-listed), institutional governance and financial stability
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
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
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
Cons
US-only, no international accounts
Options-first interface has a steep learning curve for equity-focused traders
No live chat support, phone and email only
Minimal fundamental research tools; no stock screener or analyst reports
Mobile app less appropriate for entering complex multi-leg strategies than the desktop platform
No negative balance protection
No raw spread account option
No MetaTrader support
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
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