Company Profile

Spread Co

Strongest in

Margin Required

30

Minimum Deposit

200

Minimum Trade

1

Spread From

0.8

Profile

The SpreadCo group of companies has offices in London and Singapore. It’s a relatively new provider of retail derivative trading products and offers a wide variety of spread betting, CFDs and FX products. It works with bank and broking partners in Canada , Europe, the Middle East and Asia

They claim to offer some of the tightest spreads and competitive margins on the market across equities, indices, FX and commodities.  You can trade on the rise and fall in value of shares bought and sold on national exchanges like London Stock Exchange or New York Stock Exchange or on stock market indices including FTSE 100, FTSE Allshare, Dow Jones, S&P 500, CAC 30, DAX 40, Nikkei, Hang Seng and SGX. They provide over 30 FX pairings including majors such as EUR/USD, GBP/USD and crosses like EUR/JPY, GBP/CHF, or trade commodities such as crude oil and soya beans, energy markets , and precious metals like Gold, Silver.

Strengths

Keep track of your trading portfolio at all times with online summaries, and a pie-chart showing you the breakdown between different instruments you are trading and get a daily and monthly statement by email. And you can choose to remit your funds in US Dollars, Sterling or Euros.

At SpreadCo you can choose one of two account types. The standard account gives you the option to decide whether to place stop orders on individual trades on a case-by-case basis to protect yourself against potential losses. For Guaranteed stop orders the trade price will include an extra premium. Or you can opt for the Limited Risk Accounts which means a guaranteed stop loss is created for every open trade in order to limit the worst case scenario for traders. The margin and financing for Limited Risk Accounts are calculated on a gross basis.

Their SunTrading platform developed in-house is described as sophisticated yet easy to use. It is fully customisable so you can make it look like you want it to. Or you can just use the default versions. The platform can be downloaded or web based so you can trade wherever you are located.

Education Program

They keep their customers up to date with a range of news and training tools, including economic calendars and user guides. Training videos allow users to learn how to use the software, view charts and statements, create trades and orders and customize the platform.

SpreadCo offers a demonstration account where you can spread-bet in real time to real market conditions but without risking real money. It’s a good way of learning the ropes.

Awards

SpreadCo has been nominated for many industry awards over the years and here are a few of their winning entries: 

Investment Trends Leveraged Trading Report 2014
Best Spread Betting Firm for Customer Service 
Best Spread Betting Firm for Value For Money 

Investment Trends Leveraged Trading Report 2013
Best Spread Betting Firm for Customer Service 

Investment Trends Leveraged Trading Report 2012
Best Spread Betting Firm for Customer Service 

 

Investment Trends Leveraged Trading Report 2011
Best Spread Betting Firm for Customer Service