Since its launch in 2006, Spread Co has been offering online financial services, such as spread betting and CFD trading to around 5,000 clients from all over the world. The broker provides traders with an inexpensive trading platform for trading more than 1,000 financial instruments across different asset classes, such as forex currency pairs, indices, commodities, ETFs, stocks, and more. Clients are also provided with some trading tools and educational materials.
Spread Co Review Introduction
In this Spread Co review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers including Spread Co.
Spread Co Platforms & Tools
Spread Co provides traders with its proprietary trading platform. The platform features a powerful charting package powered by TradingView with 7 chart styles, 11 timeframes, over 100 technical indicators, and multiple analytical tools. It supports multi-screen layouts and is fully customizable, so traders set it up as they prefer. It is available in the following versions:
Spread Co Online Trading Platform
This is a web-based platform that runs directly on most modern web browsers without needing to download or install any software.
Spread Co Mobile Trading Platform
This is available as a mobile app that is designed specifically for devices running on Android and iOS systems. It can be downloaded from the relevant app stores and used to manage accounts and place trades even while on the move.
Trading tools such as Economic Calendar and Market News are also provided for clients to enhance their trading experience.
Spread Co Research & Education
Spread Co provides traders with educational resources that are aimed at improving their trading skills and knowledge whilst keeping them informed on the latest happenings in the financial markets. They include the FAQ Section, Trading Glossary, Platform Tours that contains a compilation of tutorial videos, and Trading Guides that comprises educational articles on relevant trading topics.
Spread Co Trading Accounts
The broker offers two major account options, namely:
Spread Betting Account: This is designed specifically for spread betting and consists of three subcategories as follows:
- Standard Account
- Spread Free Basic Account
- Spread Free Bronze Account
Forex/CFD Account: This account is for Forex/CFD trading. They are in two categories, namely:
- Single Position Account
- Consolidated Account
Demo accounts are also provided for risk-free strategy testing and platform familiarization.
Spread Co Account Funding
The broker allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank transfer
- Credit/Debit Cards
- Online payment processors, including Skrill.
The minimum deposit on Spread Co is £200 for spread betting and £250 for forex/CFD trading, while the minimum withdrawal is £50.
Spread Co Customer Service
Spread Co has a customer support team that can be reached via email, phone, Live Chat, contact us form, and social media channels, including WhatsApp, Facebook, Twitter, and YouTube.
Spread Co Regulation
Spread Co is a financial firm registered in England and Wales with the number 05614477. It is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom. The license number is 446677.
Spread Co Review Summary
Spread Co is a regulated online financial services provider that offers spread betting and Forex/CFD trading to a global clientele. They provide traders with their proprietary trading platform, along with trading tools and educational materials for smooth trading experience.
It is worth mentioning that some of the trading products and services in this Spread Co review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Spread Co broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.