Spread EX – broker review 2 in 1

The list of companies with a Russian-speaking platform does not include many promising brokers operating in English. Therefore, our fans of online trading (who have not bothered to study this international language) are often deprived of the opportunity to enter into financial transactions that most closely match their interests and funds.

And although experienced traders who have managed to memorize key words and phrases related to their field of activity may have learned to work on some of the English-language sites, beginners are deprived of even this opportunity.

And on such resources as Spread EX (at first visit, the user cannot understand what it is: a trading platform or a bookmaker’s office), without English it is almost impossible to organize an effective and profitable activity.

Many readers will argue that among existing Russian-speaking platforms, if desired, you can find a company no worse than Spread EX. This may be true, but then how can we explain the rather high interest of our compatriots in the broker presented?

Why do domestic traders begin to learn English (or at least professional phrases and expressions), periodically checking their level of training, using the website of this company? To answer this question, it is necessary, first of all, to study this representative of the global financial markets in detail.

Site users can earn not only on online trading (and since 2001, operations are carried out automatically) but also on sporting events, providing the functions of a bookmaker office.

Security

The fact that the company in question has been in the 100 most profitable UK companies for three years in a row is already convincing evidence of its reliability and durability. The application, prepared for Spread EX and popular in the industry, ensures fast execution of the tasks set and safety of user information.

In order to prevent the loss of clients’ funds, all of their deposits are held in separate accounts with reliable British banks. The choice of two key areas of business, according to many economists, is a very smart tactical move.

In the event of an unstable situation in the global financial markets, the number of bets on sporting events increases, which allows the company to generate profit regardless of the adverse influence of external factors.

Who controls the broker?

One of the most important indicators of the reliability of any broker is the presence of organizations regulating its activities. The company in question is controlled by the Financial Conduct Authority of Great Britain (FCA).

Most traders and other participants in the global market believe that this is quite sufficient for them to register a login on Spread EX and quietly engage in online trading without fear of becoming a victim of fraudsters.

Training

The package of training materials of the company in question includes only an overview of the most common issues related to online trading and the activities of a web resource. That is, beginners with a zero level of training will have to search for the necessary theoretical information on third-party sites.

The situation is much better for the practical part of the training. The demo account created on Spread EX allows you to conduct normal trading activity of the broker’s client without spending a single penny of your own funds. This function has repeatedly proved its effectiveness and practical value.

Key trading parameters of Spread EX

Before proceeding with the registration procedure (note, for this purpose you will need: a passport, utility bills, contact phone number, etc.), be sure to review the main trading characteristics of the broker. They may not suit you for some reason.

Trading terms

The Spread EX reviews in English focus on a few indicators that are almost always considered by domestic experts.

• Minimum deposit is not set.
• The minimum bid is 0.01.
• Currency accounts – British pound, euro, US dollar.
• Support service – provided.
• English language.
• Accounts – demo and standard.

Deposit and withdrawal methods

If you read Spread EX reviews, you will see that compared to other British brokers in this category, this company is slightly different for the better in the variety of ways it offers for depositing funds. The administration of the trading platform suggests using the following methods for these purposes: plastic (credit) card, Skrill, transfer through a financial institution, or Payoneer.

Of course, this is not as diverse as domestic traders who work on Russian-language trading platforms are used to, but it is quite acceptable when compared with brokers who offer only one or two ways to replenish accounts.

Assets

The key activity of this company is CFD contracts. For this activity, it occupies one of the leading places in the UK. However, it also allows trading on the following financial instruments: currency pairs, indices, precious metals and commodities. Also check out our CMC Markets Review for trading CFDs and Spread Betting. Interest in CFD trading and Spread Betting instead, check out our CMC Markets Review

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