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Spreadco -

Score

7.00 /10
Good

Spreadco

United Kingdom

15-20 years

Regulated in United Kingdom

Market Maker (MM)

Suspicious Scope of Business

High potential risk

http://www.spreadco.com

Influence

C

Add brokers

Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index8.06

Business Index8.98

Risk Management Index0.00

Software Index7.25

License Index7.92

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Broker Information

More

Company Name

Spread Co Limited

Company Abbreviation

Spreadco

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2025-06-07
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

Spreadco

United Kingdom

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

At the beginning, it said that after review, it is said that the payment must be paid before the withdrawal can be made.

There's also a guy who claims to be an analyst, and I seriously doubt they're a group.

2022-05-19 13:03
Unable to Withdraw

Seducing people to invest and unable to withdraw money

When I want to withdraw money, they said that if the amount exceeds 500,000, I must pay taxes before the withdrawal. But the CSR didn't reply after I paid the taxes. I turn to the customer service specialist that I contacted before for help, he said he would check it for me, and then he deleted all the chat records and disappeared.

2022-10-02 09:45
Unable to Withdraw

Unable to withdraw and induce fraud

Keep asking me to pay until the end...The financial department does not reply the message. I paid so much money, but cannot withdraw. Are you kidding me? I paid so much money...what should I do now? Even the agent does not reply anymore...Is reporting to police will be worked? Is it possible to trace the account?

2022-04-27 22:16
Unable to Withdraw

I want mediation

Keep asking to pay tax and margin. I already paid 101400+124500+5200. They still require 25000 to complete withdraw. I cannot accept this continuous payment without making withdrawal

2022-04-03 22:05
Others

Potential fake spread co website

This is a potential phishing website pretending to be spread co.https://yongtain.financesnew.xyz/

2022-03-25 16:07
Unable to Withdraw

A platform that desperately wants money, there are a lot of excuses to pay taxes when withdrawing money

I cooperated with a commissioner and asked to pay 40% of the commission when the account was about to withdraw funds. Anyway, it is your own business to wait for the funds to be withdrawn. I really doubt that the platform and the commissioner are from the same person. When the platform wants to withdraw funds, the customer must pay income tax, otherwise the messages will not be replied.

2022-05-28 11:17
Data Source WikiFX Data provide
Updated: 2025-06-07
Spreadco · Company summary
Spreadco Review Summary
Founded2004
Registered Country/RegionUnited Kingdom
RegulationFCA
Market InstrumentsGold/Equities/Indices/FTSE100/Forex/Commodities/ETFs
Demo Account✅
Leverage/
SpreadFrom 0.6 pips
Trading PlatformSpreadco
Minimum Deposit/
Customer SupportEmail: info@spreadco.com
Phone: 0800 078 9398
Facebook/Twitter/YouTube

Spreadco Information

Spreadco is a broker. The tradable instruments include gold, equities, indices, FTSE100, forex, commodities, and ETFs. Spreadco also provides two accounts. The minimum spread is from 0.6 pips. Although Spreadco is regulated by the FCA, risks cannot be avoided completely.

Spreadco Information

Pros and Cons

Pros Cons
24/7 customer supportMT4/MT5 unavailable
RegulatedLack of transparency
Spread as low as 0.6 pips
Demo account available
Various tradable instruments

Is Spreadco Legit?

The FCA regulates Spreadco with license number 446677, and the license type is Market Maker (MM), making it much safer than unregulated brokers.

Regulated CountryRegulated Authority Current StatusLicense TypeLicense Number
United KingdomFCARegulatedMarket Maker (MM)446677
license

What Can I Trade on Spreadco?

Spreadco offers a wide range of market instruments, including gold, equities, indices, FTSE100, forex, commodities, and ETF.

Tradable Instruments Supported
Forex✔
Commodities✔
ETFs✔
Gold✔
Equties✔
FTSE100✔
Indices✔
Stocks❌
Cryptocurrencies❌
Bonds❌
Mutual Funds❌

Account Type

Spreadco has two account types: Spread Betting and CFD. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Spread BettingCFD
Tax-free profits✔/
Spread from0.6 pips/
0% financing on short index positions✔✔
Commissions/No
Account Type

Spreadco Fees

The spread is from 0.6 pips, and the commission is 0. The lower the spread, the faster the liquidity.

Trading Platform

Spreadco provides a proprietary trading platform available on the web, mobile, and tablet to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices Suitable for
Spreadco✔Web/Mobile/Tablet/
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform

User Reviews

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User comment

3

Comments

Write a review

萍27370
more than one year
He estado operando con esta empresa durante 1 mes y hasta ahora estoy satisfecho, pero leí información mala en el sitio web de wikifx y me asusté un poco y pensé en cerrar mi posición y retirar dinero.
He estado operando con esta empresa durante 1 mes y hasta ahora estoy satisfecho, pero leí información mala en el sitio web de wikifx y me asusté un poco y pensé en cerrar mi posición y retirar dinero.
Translate to English
2022-11-24 09:38
Reply
1
0
阿牧童
more than one year
It disappoints me! I used to believe it is a big name in the forex industry, and then I made a deposit of $500. When I made a small profit of $800 on my forex pair trading and I wanna take out my money. The platform suddenly changed. They kept saying there is an issue with my account and my funds cannot be withdrawn. How ridiculous!My money is still left there, and I don’t even when I can get them back?
It disappoints me! I used to believe it is a big name in the forex industry, and then I made a deposit of $500. When I made a small profit of $800 on my forex pair trading and I wanna take out my money. The platform suddenly changed. They kept saying there is an issue with my account and my funds cannot be withdrawn. How ridiculous!My money is still left there, and I don’t even when I can get them back?
Translate to English
2022-11-18 15:14
Reply
0
0
6