Markets.com vs Spreadex 2024

Markets.com is publicly traded, does not operate a bank, and is authorised by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulator (Average Risk), and one Tier-4 regulator (High Risk). Markets.com is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Spreadex is not publicly traded and does not operate a bank. Spreadex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Spreadex is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA).

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.

SpreadEx is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. SpreadEx still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.

To open a trading account with Markets.com, you'll need to make an initial minimum deposit of $100.

Spreadex requires a minimum deposit of $0 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Markets.com offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for banking, whereas Spreadex provides Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Spreadex offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Markets.com holds 3 global Tier-1 licenses, while Spreadex holds 1. Markets.com holds 1 global Tier-2 licenses, while Spreadex holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Markets.com (93) earned a higher Trust Score than Spreadex (71).

To compare the trading platforms of both Markets.com and Spreadex, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Markets.com offers a better experience. With research, Markets.com offers superior market research. Finally, we found Markets.com to provide better mobile trading apps.

Here’s what trading platforms are available at Markets.com:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Spreadex:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - No
• ZuluTrade - No
• TradingView - Yes

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Markets.com offers MetaTrader 4 (MT4), while Spreadex does not. Forex traders also appreciate the ability to engage in social copy trading. While Markets.com offers copy trading, Spreadex does not.

Markets.com provides traders 57 currency pairs (e.g., EUR/USD) compared to Spreadex's 52 available pairs. If you are interested in trading a full range of securities, Spreadex offers traders access to 10000 tradeable symbols, while Markets.com offers access to 2179 tradeable symbols; so Spreadex offers 7821 more tradeable symbols than Markets.com.

We found in our testing that Spreadex offers a more diverse selection of investment options than Markets.com, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).