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Side-by-Side Comparison Independent Updated Oct 2, 2026

Spreadex vs mBank 2026: Which Broker is Better?

Choosing between Spreadex and mBank depends on your trading style, preferred markets, and budget. Spreadex is headquartered in St Albans, UK, while mBank operates from Warsaw, Poland. Spreadex has the longer track record, established in 1999, compared to mBank which was founded in 2000. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Spreadex

mBank

SpreadexmBank
BrokerRank Score3.4/53.4/5 ✓
Min. Deposit$0$0
Spread from0.6 pips0 pips ✓
Max Leverage1:200 ✓1:5
RegulationFCAKNF
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, mBank Trader
Quick VerdictBrokerRank recommends
Best for Beginners
SpreadexmBank
Best for Low Fees
mBankSpreadex
Best for Regulation
SpreadexmBank
Quick Answer

Spreadex (3.4/5) and mBank (3.4/5) are closely matched. mBank has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Spreadex vs mBank: Key Differences

Feature

Spreadex

Winner

mBank

Our Rating
3.4 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$0.19/lot
Regulated By
KNF
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, mBank Trader
Markets
Cfd, Forex, Stocks, Indices, Commodities
Stocks, Etf, Cfd, Indices, Forex
Founded
1999
2000
Headquarters
St Albans, UK
Warsaw, Poland
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Spreadex

mBank

Spread From
0.6 pips
0 pips
Commission
None
$0.19/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Spreadex holds licences from FCA. mBank is regulated by KNF.

Markets & Assets

Both brokers offer access to Cfd, Forex, Stocks, Indices markets. Spreadex additionally covers Commodities. mBank adds Etf.

Fees & Spreads

On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Spreadex.

Trading Platforms

Spreadex supports Proprietary Web, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Spreadex requires no minimum deposit, while mBank sets no minimum deposit. This makes Spreadex accessible to traders with any budget.

Overall Ratings

BrokerRank scores Spreadex at 3.35/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Spreadex leads overall with a clear advantage.

BrokerRank Verdict

Spreadex and mBank are closely matched, with Spreadex scoring 3.35/5 against mBank's 3.27/5. Spreadex holds more tier-1 licences (FCA), offering stronger regulatory protection. mBank has a fees advantage with 0.0 pip spreads. For most traders, Spreadex is the stronger all-round choice, though mBank remains competitive for traders who prefer mBank's specific platform or market selection.

Who Should Choose Which?

Spreadex

Spreadex

3.4/5

Choose Spreadex if you want…

  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More established (est. 1999)
mBank

mBank

3.4/5

Top pick

Choose mBank if you want…

  • Tighter spreads (from 0 pips)
  • More platforms (3 supported)

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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.

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Both Spreadex & mBank are available in

Frequently Asked Questions

1

Is Spreadex better than mBank?

Spreadex (3.4/5) and mBank (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, Spreadex or mBank?

Spreadex offers spreads from 0.6 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Spreadex vs mBank?

Spreadex requires a minimum deposit of $0. mBank requires $0.

4

Which broker is safer, Spreadex or mBank?

Spreadex is regulated by FCA, while mBank holds licences from KNF.

5

What trading platforms do Spreadex and mBank support?

Spreadex supports Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.

6

Can I use both Spreadex and mBank?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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