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Spreadex fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Spreadex, from the database.
Facts last checked . Read the full Spreadex review.
What it costs to trade
- Spread from
- 0.6 pips
- EUR/USD spread
- Variable; from 0.6 pips
- GBP/USD spread
- Variable; from 0.9 pips
- Commission
- $0 on forex
- All-in cost, EUR/USD
- From 0.6 pips
- Spread type
- Variable
- Overnight swap
- Both: daily/overnight funding may be charged or credited
- Deposit fee
- None on standard methods
- Withdrawal fee
- Generally none on standard methods; £25 for CHAPS
- Currency conversion
- Applicable where currency conversion is required
What this means
Cost is where brokers in the same regulatory bracket actually differ.
Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Spreadex lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Spreadex fees
What is the EUR/USD spread at Spreadex?
Spreadex records an average EUR/USD spread of variable; from 0.6 pips on a variable pricing model.
Does Spreadex charge commission?
Spreadex's commission is $0 on forex. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Spreadex charge to deposit or withdraw?
Deposit fees at Spreadex: None on standard methods. Withdrawal fees: Generally none on standard methods; £25 for CHAPS.
Fees at brokers under the same regulator
- Eightcap fees also licensed by FCA
- FxPro fees also licensed by FCA
- Exness fees also licensed by FCA
- HF Markets fees also licensed by FCA
- CMC Markets fees also licensed by FCA