ForTrade vs Spreadex 2026: Which Broker is Better?
Choosing between ForTrade and Spreadex depends on your trading style, preferred markets, and budget. ForTrade is headquartered in London, UK, while Spreadex operates from St Albans, UK. Spreadex has the longer track record, established in 1999, compared to ForTrade which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ForTrade
Spreadex
| ForTrade | Spreadex | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 1 pips | 0.6 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | FCA, ASIC, CySEC ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
ForTrade is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Spreadex offers lower spreads (0.6 pips).
See full side-by-side comparison belowForTrade vs Spreadex: Key Differences
ForTrade
Spreadex
Fees Comparison
ForTrade
Spreadex
Lower feesRegulation & Trust
ForTrade holds licences from FCA, ASIC, CySEC. Spreadex is regulated by FCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities, Stocks markets.
Fees & Spreads
On spreads, Spreadex is more competitive with EUR/USD spreads from 0.6 pips, compared to 1.0 pips at ForTrade.
Trading Platforms
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Spreadex offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
ForTrade requires a minimum deposit of $100, while Spreadex sets no minimum deposit. This makes Spreadex accessible to traders with any budget.
Overall Ratings
BrokerRank scores ForTrade at 3.81/5 and Spreadex at 3.35/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ForTrade leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
ForTrade
4.3/5
Choose ForTrade if you want…
- Higher overall rating (4.3/5)
- Higher leverage (up to 1:500)
- More regulatory licences (6)
- More market types (6)
Spreadex
3.4/5
Choose Spreadex if you want…
- Tighter spreads (from 0.6 pips)
- No minimum deposit
- More established (est. 1999)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both ForTrade & Spreadex are available in
Frequently Asked Questions
1Is ForTrade better than Spreadex?
ForTrade scores higher overall on our independent rating system. ForTrade holds a 4.3/5 rating vs Spreadex's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ForTrade or Spreadex?
ForTrade offers spreads from 1 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ForTrade vs Spreadex?
ForTrade requires a minimum deposit of $100. Spreadex requires $0.
4Which broker is safer, ForTrade or Spreadex?
ForTrade is regulated by FCA, ASIC, CySEC, CIRO, DFSA, FSC, while Spreadex holds licences from FCA.
5What trading platforms do ForTrade and Spreadex support?
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both ForTrade and Spreadex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
ForTrade
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