Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Founded in 1999, both Markets.com and Spreadex have established themselves in the online brokerage industry. Neither of these companies is publicly traded or operates as a bank, which may be a consideration for investors seeking a higher degree of transparency and financial backing. When it comes to regulation, Markets.com stands out with three Tier-1 licenses, indicating a high level of trust, compared to just one for Spreadex. Additionally, Markets.com holds one Tier-2 license, whereas Spreadex does not have any Tier-2 licenses.
In terms of trustworthiness, Markets.com appears to be the more reliable choice, boasting a Trust Score of 93 out of 99 on ForexBrokers.com, translating to a highly trusted status. Spreadex, with a Trust Score of 71, falls into the average risk category. Potential investors often consider such trust ratings and regulatory details vital when selecting an online broker, as they reflect the company's credibility and adherence to industry standards.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Year Founded | 1999 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing Markets.com and Spreadex, there are noticeable differences in their commissions and fees. Markets.com does not provide specific average spread data, making it challenging to directly compare its cost structure. It has a rating of 3.5 stars for commissions and fees and is ranked 49th out of 62 brokers by ForexBrokers.com, suggesting that its fees may not be as competitive as some other providers.
On the other hand, Spreadex offers more detailed information, which may appeal to those who prioritize transparency in trading costs. In January 2024, Spreadex's average spread for EUR/USD was 0.81 pips, with a minimum spread of 0.6 pips being achieved 60% of the time throughout the month. This competitive pricing is reflected in its rating of 4 stars for commissions and fees. Furthermore, Spreadex is ranked 27th out of 62 brokers by ForexBrokers.com, indicating a more favorable position in terms of fees relative to its peers.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Markets.com and Spreadex for their range of investments, both platforms offer competitive options for traders, yet they cater to different preferences. Markets.com provides a comprehensive selection of 2179 tradeable symbols, including 57 forex pairs. It supports forex trading via CFDs and offers copy trading, allowing traders to mimic the strategies of successful investors. Additionally, Markets.com facilitates cryptocurrency derivatives, though it doesn’t offer the ability to buy actual cryptocurrencies or exchange-traded shares. Due to its breadth of offerings, Markets.com earns a respectable 4-star rating for its range of investments.
Spreadex, on the other hand, boasts an impressive array of 10,000 tradeable symbols, including 52 forex pairs available as CFDs or spot contracts. Like Markets.com, Spreadex provides derivatives for cryptocurrencies but does not support the purchase of physical cryptocurrencies or exchange-traded securities on U.S. or international exchanges. However, Spreadex doesn’t support copy trading. This extensive range of investment options earns Spreadex a 5-star rating in this category. Ranked at #13 out of 62 brokers by ForexBrokers.com for the range of investments, Spreadex stands out as a versatile choice for traders seeking a wide selection of tradeable assets.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 10000 |
| Forex Pairs (Total) | 57 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of Markets.com and Spreadex, both offer users access to in-house proprietary platforms as well as web-based platforms, providing flexibility for traders. Although only Markets.com provides a Windows desktop download option, both platforms allow free simulated trading for users to practice. Markets.com caters to a broader audience with the inclusion of MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Spreadex does not support these popular platforms. However, for traders interested in copy trading features, Markets.com has the edge, offering this option while Spreadex does not.
Diving deeper into charting tools, Spreadex offers a more extensive selection, with 11 drawing tools compared to Markets.com's four. Furthermore, Spreadex allows traders to execute trades directly from a stock chart, a feature not available with Markets.com. Watch lists are another area where Spreadex excels, offering eight columns to Markets.com's six. Both platforms receive similar recognition for their trading platforms and tools, each earning a four-star rating. However, ForexBrokers.com ranks Markets.com higher at #27 out of 62 brokers, compared to Spreadex's #46, hinting at a slightly more favorable perception for Markets.com in this category.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 58 |
| Charting - Drawing Tools (Total) | 4 | 11 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Markets.com and Spreadex offer convenient mobile trading apps for iPhone and Android users. However, when it comes to syncing watchlists between mobile apps and online accounts, Markets.com holds the advantage, offering seamless integration. In terms of charting tools, Spreadex allows users to view multiple time frames, which Markets.com lacks, making it more versatile for traders who analyze charts frequently. Additionally, both platforms provide price alerts, real-time quote watchlists, and the ability to draw trendlines on charts, offering traders essential features to stay updated and analyze market movements effectively.
Despite both platforms having similar four-star ratings for their mobile apps, user rankings differ slightly. Markets.com is placed higher at #33 in the ForexBrokers.com rankings, compared to Spreadex at #46. This suggests that, while both platforms are rated similarly in terms of features, Markets.com is perceived more favorably overall by users. Whether prioritizing watchlist synchronization or the ability to view multiple time frames, traders can find valuable offerings in either Markets.com or Spreadex's mobile trading experiences.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Markets.com and Spreadex provide a range of market research features appealing to traders. They each offer daily market commentary and access to forex news from top-tier sources such as Bloomberg and Reuters. This ensures that users stay updated with timely market insights. Both platforms also offer a sentiment-based trading tool that helps traders understand market trends by showing the ratio of long or short positions across various instruments. Additionally, they each provide an economic calendar to track significant global news events affecting economies worldwide.
However, there are differences between the two when it comes to research tools. Spreadex stands out by offering technical analysis and research tools from Autochartist, while Markets.com does not. Neither platform incorporates tools from Trading Central or Acuity Trading, nor do they provide market research from TipRanks. Both platforms received a four-star rating for research, though Markets.com ranks higher at 17th place, compared to Spreadex's 31st position, among 62 brokers evaluated by ForexBrokers.com. This ranking can be a decisive factor for traders looking for a comprehensive research experience.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring educational resources for beginner traders, both Markets.com and Spreadex have unique offerings. Markets.com hosts monthly online educational webinars, providing users with regular opportunities to learn about trading strategies and market insights directly from experts. They supplement this with a collection of over ten beginner-friendly videos, making it easier for newcomers to grasp the essentials of trading. However, their educational content doesn't cover the realm of forex or CFDs as extensively, lacking a range of written resources like articles or guides. Additionally, while hosting educational webinars, Markets.com doesn't retain an online archive for users to revisit past sessions.
On the other hand, Spreadex excels with its comprehensive written resources on forex and CFDs, ensuring beginners have access to a variety of educational articles and tools. They also provide a handy investor dictionary with over 50 term definitions, a feature that can be exceptionally useful for those new to the trading world. Despite this, Spreadex falls short in offering monthly webinars and doesn't provide a library of past webinars either. Yet, they do offer more than ten beginner-focused educational videos. While both brokers receive a solid four-star rating for education, they are ranked differently, with Markets.com positioned higher at #34 compared to Spreadex at #45, suggesting a slight edge in the educational experience.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Markets.com is better than Spreadex. Markets.com finished with an overall rank of #23, while Spreadex finished with an overall rank of #39.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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Both Markets.com and Spreadex do not provide options to purchase actual (delivered) cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
Both Markets.com and Spreadex do not support ACH or SEPA transfers and neither offer PayPal for fund transactions; however, while both brokers accept Visa, Mastercard, and bank wire transfers, only Markets.com also provides Skrill as a payment option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Markets.com | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Markets.com | Spreadex | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Markets.com | Spreadex | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 1999 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 10000 | |
| Forex Pairs (Total) | 57 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Markets.com | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 89 | 58 | |
| Charting - Drawing Tools (Total) | 4 | 11 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Spreadex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Spreadex Review |
| Overall | Markets.com | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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