No broker is perfect, and SpreadEx is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to SpreadEx :
- SpreadEx does not accept Paypal (See Paypal brokers here)
- SpreadEx does not accept Neteller (See Neteller brokers here)
- SpreadEx does not offer Islamic accounts (See Islamic brokers here)
- SpreadEx does not offer micro accounts (See micro account brokers here)
- SpreadEx does not offer ECN accounts (See brokers with ECN accounts here)
- SpreadEx does not offer Ethereum (See brokers that offer Ethereum here )
- SpreadEx does not offer MT4 (See MT4 brokers here )
- SpreadEx does not offer MT5 (See MT5 brokers here )
- SpreadEx does not offer Mac platform (See brokers for Mac users here )
- SpreadEx does not offer negative balance protection (See brokers with negative balance protection here)
Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best SpreadEx alternatives.
Top alternative : City Index
A popular alternative to SpreadEx is City Index, a brokerage regulated by Financial Conduct Authority, ASIC and MAS and over 35 years in business. Another strong alternative is XTB, which is regulated by Financial Conduct Authority, KNF, and CMB..
Here are some of the key reasons why traders choose City Index and XTB over SpreadEx :
| SpreadEx | City Index | XTB | |
|---|---|---|---|
| Trust Score | A | AAA | AAA |
| Regulator | Financial Conduct Authority | Financial Conduct Authority, ASIC and MAS | Financial Conduct Authority |
| Min. Deposit | 1 | 100 | 250 |
| Min. Trade | 0.01 Lot | 1 Lot | 0.01 Lot |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
If you want to read more about City Index, we’ve put together an in-depth City Index review that explores their platform, spreads, and trading conditions in more detail.
Visit City IndexIf City Index isn’t quite right, we’ve also listed ten suitable SpreadEx alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.
Risk warning: CFDs are leveraged products and 73% of retail traders lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
