Freetrade vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Freetrade

Spreadex

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

STP

Years of Existence / Established Year

2016

1999

Customer Base / Number of Accounts

1.5 M

60,000+ traders

Regulation & Security

Regulations (governing bodies)

FCA

Awards Won (count for the last 2 years)

Best Online trading platform 2024

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

Security Measures

Yes

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6200+ U.S Treasury Bills, Investment trust

10,000 trading assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Yes

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

General investment account, Stocks and shares ISA, Personal pension account

Spread betting Financial trading

Demo Account (Yes/No)

Islamic Accounts (Yes/No)

Minimum Deposit

€0

Leverage Available

100:1

30:1

Trade Limit (maximum per trade)

depends on asset class

Varies by instrument

Commission (per account type)

€2.50 per lot

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, debit card, Apple pay, google pay

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

Linked bank account

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

Apple pay , google pay

Apple Pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

Customisable platform 35+ technical indicators Price alerts

Fees & Commissions

Trading-Related Fees

FX fee of 0.59%

Spread starts from 0.6 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

30:1

Non-Trading Fees

Dormant Fees

1 per month

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

€0

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

€0

Account Opening Fee

€0

Account Maintenance Fee

£10.97

€0

Deposit Fee

£5

€0

Currency Conversion Fee

Exchange rate + 0.99%

Info not available

Withdrawal Fee

£5

€0

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While Freetrade maintains low trading fees with no minimum deposit, Spreadex includes some charges for premium features and certain asset trades, making Freetrade the better option for budget-focused traders.

Account approval at Freetrade is usually completed within hours, often with automated ID checks. Spreadex might take longer due to manual reviews, but provides in-depth onboarding support along the way.

Freetrade provides a modern trading experience with its proprietary platform, ideal for technical traders. Spreadex , on the other hand, offers more research tools and is better suited for data-driven investors.

Advanced users will enjoy Freetrade capabilities, but Spreadex remains a favorite for its streamlined and beginner-centric approach.

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