Freetrade
Spreadex
VS
Higher Rated
Spreadex
Capital at risk · T&Cs apply
Freetrade and Spreadex are two prominent brokers catering to different trading needs. Freetrade, founded in 2016 and based in London, is ideal for investors seeking commission-free stock trading, focusing primarily on UK markets with a user-friendly mobile app. Spreadex, established in 1999 and headquartered in St Albans, appeals to traders interested in spread betting and CFDs, offering a broader array of financial instruments including forex and commodities, with leveraged trading options. While Freetrade is perfect for beginners or long-term investors preferring simplicity and cost-effectiveness, Spreadex suits more experienced traders looking for diverse market exposure and leverage.
Freetrade
Spreadex
| Freetrade | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:200 ✓ |
| Regulation | FCA | FCA |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Spreadex is the better choice overall, scoring 3.4/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade
Spreadex
Freetrade
Lower feesSpreadex
Freetrade
3.0/5
Choose Freetrade if you want…
Spreadex
3.4/5
Choose Spreadex if you want…
Spreadex scores higher overall on our independent rating system. Freetrade holds a 3.0/5 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.
Freetrade offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
Freetrade requires a minimum deposit of $0. Spreadex requires $0.
Freetrade is regulated by FCA, while Spreadex holds licences from FCA.
Freetrade supports Proprietary Mobile. Spreadex supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.