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MONEY SQUARE , SPREAD CO Broker Comparison

Do you want to know which is the better broker between MONEY SQUARE and SPREAD CO ?

In the table below, you can compare the features of MONEY SQUARE , SPREAD CO side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
MONEY SQUARE
7.98
Regulated
Under guarantee
--
--
10-15 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
SPREAD CO
6.88
Regulated
Under guarantee
15-20 years
FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
CFD,Spread Betting
shares, commodities, forex
--
--
--
0.00
--
--
--

SPREAD CO BrokerRelated News

SPREAD CO BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do money-square and spreadco have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

money-square
MONEY SQUARE Review Summary
Founded2015
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, CFDs
Demo Account
LeverageUp to 1:25
SpreadFrom 0.1 pips
Trading PlatformProprietary platform
Min Deposit0
Customer SupportTel: +81 03-3470-5050
X, YouTube, LINE, Instagram

MONEY SQUARE Information

Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.

MONEY SQUARE's homepage

Pros and Cons

Pros Cons
FSA-regulated with long establishmentLimited trading products
Demo accountsNo MT4/MT5 platform
No minimum depositLimited payment options
Only accept Japanese Yen for deposits and withdrawals

Is MONEY SQUARE Legit?

Yes. MONEY SQUARE is regulated by Financial Services Agency (FSA).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Japan
Financial Services Agency (FSA)Regulated 株式会社マネースクエアRetail Forex License関東財務局長(金商)第2797号
Regulated by FSA

What Can I Trade on MONEY SQUARE?

Tradable Instruments Supported
Forex
CFDs
Bonds
Options
ETFs

Leverage

The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

MONEY SQUARE Fees

MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.

No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Proprietary platformWindows, Mac, iPhone, Android/
MT4/Beginners
MT5/Experienced traders
Proprietary platform

Deposit and Withdrawal

The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.

Deposit and Withdrawal
spreadco
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 Support24/7 support
Phone: 0800 078 9398
Email: info@spreadco.com
Facebook, X, YouTube

Spreadco Information

Spreadco is a broker regulated by FCA in the United Kingdom. The tradable instruments include gold, equities, indices, FTSE100, forex, commodities, and ETFs.

Spreadco Information

Pros and Cons

Pros Cons
24/7 customer supportMT4/MT5 unavailable
Regulated by FCANo info on deposit and withdrawal
Demo accounts available
Various tradable instruments

Is Spreadco Legit?

The Financial Conduct Authority (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 StatusLicensed EntityLicense TypeLicense Number
United KingdomFCARegulatedSpread Co LimitedMarket 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 ETFs.

Tradable Instruments Supported
Gold
Equties
Indices
FTSE100
Forex
Commodities
ETFs
Cryptocurrencies
Bonds
Options
Mutual Funds

Account Type & Fees

Spreadco has two live 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.

Account TypeSpread BettingCFD
Tax-free profits/
SpreadFrom 0.6 pips/
0% financing on short index positions
Commission/0
Account Type

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
SpreadcoWeb/Mobile/Tablet/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Do money-square and spreadco have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive money-square and spreadco are, we first considered common fees for standard accounts. On money-square, the average spread for the EUR/USD currency pair is -- pips, while on spreadco the spread is --.

Which broker between money-square, spreadco is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

money-square is regulated by FSA. spreadco is regulated by FCA.

Which broker between money-square, spreadco provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

money-square provides the -- platform with products like --; spreadco offers the CFD,Spread Betting platform featuring assets including shares, commodities, forex.

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