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Spreadex vs XM

Side-by-side comparison of regulation, trading costs, platforms, and account types for Spreadex and XM.

SpreadexTrust 8.1/10
FCA

UK-only FCA-regulated broker offering spread betting, CFDs and sports spread betting in a single account since 1999. Niche but well-regarded for tight financial spreads and a clean proprietary platform with TradingView.

XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA

Long-established multi-asset broker with a $5 minimum deposit and four-jurisdiction regulation including ASIC and DFSA. Strong educational resources and a copy-trading marketplace make it a popular pick for newer traders.

Quick verdict

  • Trust: XM has the higher trust score.
  • EUR/USD spread: Spreadex is tighter on EUR/USD.

Side-by-side comparison

FeatureSpreadexXM
Trust score8.18.4
RegulatorsFCAASIC, CySEC, DFSA, FSCA, FSC-Belize
HeadquartersUnited KingdomCyprus
Founded19992009
Min deposit$0.00$5
Max leverage1:301:1000
EUR/USD spread0.60 pips0.70 pips
Commission per lot$0.00$0.00
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit CardBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal methodsBank Wire, Credit/Debit CardBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h24h
Base currenciesGBP, USD, EURUSD, EUR, GBP, AUD, JPY, SGD

Spreadex is best for

Day traders
Swing traders

XM is best for

Beginners
Day traders
Copy traders