Plus500 vs Spreadex 2026: Which Broker is Better?
In comparing Plus500 and Spreadex, traders will find distinct differences tailored to varying needs. Plus500, with a higher rating of 3.98/5, is ideal for beginners seeking a user-friendly platform and a broad range of instruments, offering CFD trading without commission and regulated across multiple jurisdictions. Conversely, Spreadex, rated 3.35/5, attracts UK-based traders interested in tax-free spread betting alongside CFDs, boasting no minimum deposit and strong customer service but offering fewer instruments and basic research tools. Each broker appeals to different trading styles, with Plus500 focusing on a global audience and broad market access, while Spreadex caters to traders prioritising UK-specific advantages and flexibility in deposit requirements.
Plus500
Spreadex
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | Spreadex | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:30 | 1:200 ✓ |
| Regulation | FCA, CySEC, ASIC ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Plus500 offers lower spreads (0.6 pips).
See full side-by-side comparison belowPlus500 vs Spreadex: Key Differences
Plus500
WinnerSpreadex
Fees Comparison
Plus500
Spreadex
BrokerRank Verdict
Who Should Choose Which?
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- More regulatory licences (4)
- More market types (6)
Spreadex
3.4/5
Choose Spreadex if you want…
- No minimum deposit
- Higher leverage (up to 1:200)
- More established (est. 1999)
Also consider
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Both Plus500 & Spreadex are available in
Frequently Asked Questions
1Is Plus500 better than Spreadex?
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 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.
2Which has lower fees, Plus500 or Spreadex?
Plus500 offers spreads from 0.6 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs Spreadex?
Plus500 requires a minimum deposit of $100. Spreadex requires $0.
4Which broker is safer, Plus500 or Spreadex?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Spreadex holds licences from FCA.
5What trading platforms do Plus500 and Spreadex support?
Plus500 supports Proprietary Web, Proprietary Mobile. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both Plus500 and Spreadex?
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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.