Written by ForexBrokers.com
In this head to head comparison of XTB vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers XTB and Spreadex, there are notable differences in their trust and regulatory standings. XTB, established in 2002, enjoys a high level of trust with a ForexBrokers.com Trust Score of 96 out of 99. The company is publicly traded, indicating a level of transparency desirable to many investors. XTB holds two Tier-1 licenses, marking it as highly trusted, alongside two additional Tier-2 licenses, further solidifying its position as a secure choice for traders. It's important to note that XTB is not a bank, which is typical for online brokers.
In contrast, Spreadex, which has been operating since 1999, has a ForexBrokers.com Trust Score of 71, placing it in the average risk category. Unlike XTB, Spreadex is not publicly traded, which may impact the perception of transparency. Spreadex holds one Tier-1 license, indicating a reasonable level of trust, but it lacks Tier-2 licenses, which could be a consideration for risk-averse traders. Similar to XTB, Spreadex is not a bank, aligning with standard industry practices for such platforms.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Year Founded | 2002 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing the commissions and fees of online brokers XTB and Spreadex, it's important to consider both the pricing structures and additional benefits each offers. XTB provides two distinct account options: a spread-only Standard account and a commission-based Professional account. However, the Professional account is limited to elected Professionals within the U.K. and Europe, and is currently being phased out. The Standard account exhibits average pricing, trailing behind top industry competitors. The average forex spread for EUR/USD in Q4 2023 was 1 pip for XTB. Notably, XTB's Standard account seems advantageous for retail forex traders due to its reasonable costs and the Pro account's limited availability. Furthermore, active traders can benefit from XTB's Lower Spread Group which offers rebates on spreads for reaching specific trading volumes.
Spreadex, on the other hand, offered average spreads of 0.81 pips for EUR/USD in January 2024, achieving a minimum spread of 0.6 pips 60% of the time that month. This lower average spread makes Spreadex a potentially more cost-effective option for those prioritizing tighter spreads in their forex trading activities. While both brokers offer relatively competitive pricing, the choice between them may ultimately depend on whether the trader values a potentially lower typical spread at Spreadex or the tiered rebate incentives available with XTB's active trading program.
In terms of ratings and rankings, XTB secures an impressive 4.5-star rating for commissions and fees, earning the 11th spot out of 62 brokers assessed by ForexBrokers.com. Spreadex receives a slightly lower rating of 4 stars, ranking 27th in the same list. These distinctions highlight XTB’s slight edge in the broader competitive landscape, although both brokers provide substantial value with their respective pricing models.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | 0.81 |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 the investment options between XTB and Spreadex, both platforms offer a compelling range of products, though notable differences exist. XTB provides access to 7,184 tradeable symbols, including 71 forex pairs, slightly surpassing Spreadex's 52 pairs despite its broader count of 10,000 tradeable symbols. A standout feature of XTB is its ability to allow clients to purchase actual exchange-traded securities not just on U.S. exchanges like the NASDAQ but also internationally, such as the London Stock Exchange, which Spreadex does not offer. Both brokers support forex trading as CFDs or spot contracts, and they also enable trading in cryptocurrency derivatives, though they do not offer purchasing of the actual cryptocurrencies. However, neither platform supports copy trading.
In terms of recognitions, both XTB and Spreadex receive a strong five-star rating for their range of investments. Despite the slight difference in their offerings, Spreadex holds a marginally higher position, ranking 13th, compared to XTB at 14th out of 62 brokers evaluated by ForexBrokers.com. This suggests that while Spreadex might edge ahead in certain analyses, XTB's extensive list of tradeable symbols and access to international securities contribute to a highly competitive suite of investment opportunities.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 10000 |
| Forex Pairs (Total) | 71 | 52 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 XTB and Spreadex, both brokers offer a range of trading platforms and tools designed to suit various investor needs. Each provides a proprietary platform tailored to enhance user experience, along with web-based trading options that enable easy access from any browser. For those who prefer a desktop application, XTB stands out by offering a Windows-based download option, which Spreadex does not. Additionally, both brokers offer simulated trading accounts for practice, but neither supports popular platforms like MetaTrader 4 or 5, nor social trading integrations such as DupliTrade or ZuluTrade. However, when analyzing features for charting, XTB provides a significant edge by offering 32 drawing tools compared to Spreadex's 11, though both support the ability to trade directly from stock charts.
For watchlist management, both platforms allow for customization with eight columns, ensuring traders can track their preferred data points. Despite similar features in some areas, XTB tends to outperform Spreadex in overall platform and tool satisfaction. XTB earns a 4.5-star rating and ranks ninth among 62 brokers, reflecting high approval from users, whereas Spreadex receives a 4-star rating and is positioned 46th in the same comparison. This illustrates a stronger reputation for XTB in providing comprehensive and effective trading tools that cater to the needs of both novice and experienced traders.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 58 |
| Charting - Drawing Tools (Total) | 32 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 8 |
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When looking at the mobile trading apps of XTB and Spreadex, both brokers offer apps compatible with iPhones and Android devices, ensuring that users can trade on the go. You'll find stock or forex price alerts readily available on both platforms, and each broker also allows users to create watchlists with real-time quotes. However, a significant difference arises in the ability to sync watchlist symbols between mobile apps and online accounts; neither XTB nor Spreadex currently offers this feature, potentially causing inconvenience for traders wanting seamless integration. If you're focused on charting capabilities, XTB may have the upper hand, offering 39 technical studies as part of its app functionality, while Spreadex does not specify the number available. Additionally, both apps cater to traders who need to draw trendlines and view multiple time frames on stock or forex charts.
There's a distinct advantage with XTB’s mobile app when it comes to saving those chart drawings automatically, a feature absent from the Spreadex app. Both trading apps have received positive ratings overall, but XTB stands out slightly with a 4.5-star rating compared to Spreadex’s 4-star rating. This difference is reflected in their rankings by ForexBrokers.com, where XTB is positioned at #8 out of 62 brokers for mobile trading apps, well ahead of Spreadex at #46. For traders who prioritize advanced charting tools and ease of use, XTB’s app may offer a more comprehensive experience compared to Spreadex, though both provide solid platforms for trading on the move.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both XTB and Spreadex provide daily market commentary and offer forex news from top-tier sources like Bloomberg and Reuters. Although neither broker includes research tools from Trading Central or Acuity Trading, XTB offers a leading sentiment-based trading tool that reveals the ratio of long or short positions across various instruments, a feature also mirrored by Spreadex. Moreover, both platforms support traders with an economic calendar, presenting timely global news events, ensuring they're well-informed about market movements.
While both brokers deliver strong market research offerings, XTB holds a higher reputation in this area, receiving a five-star research rating compared to Spreadex's four stars. Furthermore, XTB is ranked 7th out of 62 brokers for research by ForexBrokers.com, significantly ahead of Spreadex, which places 31st. Despite Spreadex's advantage of offering Autochartist tools, XTB's comprehensive approach to market insights positions it as a top choice for those seeking in-depth research capabilities.
| Feature |
XTB
|
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 comparing educational resources for beginners, XTB stands out with a more comprehensive offering than Spreadex. Both platforms provide a substantial library of forex and CFDs educational materials. However, XTB distinguishes itself with monthly live webinars and a searchable archive of recorded sessions, features Spreadex does not match. Additionally, XTB provides a wider range of video content tailored to beginners as well as advanced traders, ensuring a deeper learning experience for users at different skill levels.
Spreadex, on the other hand, offers a useful investor dictionary with over 50 investing term definitions, a feature absent from XTB's resources. Nevertheless, XTB's diverse educational tools and regular live interactions propel its education rating to five stars, placing it at a commendable 11th among 62 brokers in the education category according to ForexBrokers.com. In comparison, Spreadex earns four stars and ranks 45th, indicating that while it is helpful, it might not provide the same depth of learning opportunities as XTB.
| Feature |
XTB
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | 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 XTB is better than Spreadex. XTB finished with an overall rank of #7, while Spreadex finished with an overall rank of #39.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 71 |
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Both XTB and Spreadex do not allow investors to purchase actual cryptocurrencies directly, offering only cryptocurrency derivatives for trading instead.
In comparing online brokers XTB and Spreadex, neither provides ACH or SEPA transfers as fund transfer options; however, XTB supports PayPal and Skrill for deposits and withdrawals, while Spreadex does not, although both brokers accept Visa, Mastercard, and bank wire transactions.
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 | XTB | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | XTB Review | Spreadex Review |
| Broker Screenshots | XTB | Spreadex | |
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| Regulation | XTB | Spreadex | |
|---|---|---|---|
| Trust Score | 96 | 71 | |
| Year Founded | 2002 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Yes | 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) | XTB | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 10000 | |
| Forex Pairs (Total) | 71 | 52 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 0.81 | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | XTB | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 8 | |
| Charting - Indicators / Studies (Total) | 39 | 58 | |
| Charting - Drawing Tools (Total) | 32 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 39 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XTB | 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 | XTB | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | Spreadex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XTB Review | Spreadex Review |
| Overall | XTB | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | XTB Review | Spreadex Review |
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