Registered Country/Region	United Kingdom
Regulation	FCA
Minimum Deposit	$200
Maximum Leverage	1:30
Minimum Spreads	0.8 pips on the EUR/USD pair
Trading Platform	Web Platform, Mobile Apps
Demo Account	Yes
Trading Assets	Forex, Equities, Commodities, ETFs, Indices
Payment Methods	Bank wire transferDebit and credit cardSkrill
Customer Support	5/24, Email, Phone

General Information & Regulation

Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co is an online spread betting and CFD broker specialising in forex, commodities, equities and indices. Spread Co Limited is authorised and regulated by the Financial Conduct Authority with regulatory license no. 446677.

Market Instruments

With a Spread Co account, investors can trade on a wide range of global markets, from major indices and global equities to foreign exchange currency pairs, commodities, crude oil, precious metals, and bitcoin, to meet a wide range of investment needs.

Account Types

Spread Co has two different types of accounts, the spread trading account and the CFD account. Minimum deposits depend on account types. To open a spread trading account, traders are required a minimum initial deposit of £200 and £250 for a CFD account.

Demo Account

Spread Co does offer a demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Spread Co demo account does not have a specific expiry date. Some features of the Spread Co demo accounts include the following:

• Practice trading with £25,000 virtual funds

• Develope you strategies with no risk

• Learn how risk management tools work

Leverage

Leverage level offered by Spread Co do depends on the regulatory requirement you trading with and the brokerage operates. This applies due to various safety measures applied to eliminate the risks involved while trading, specially for retail traders.

With Spread Co, LverageTrading leverage vary by different instruments:

• 1:30 for Forex currency pairs,

• 1:10 for commodities

• 1:20 for indices

• 1:5 for enquities

Spreads & Commissions

Spread Co offers commission-free trading, and the broker only takes its cut from the spread. EURUSD spreads start from 0.8 pips, 4 pips for US Crude Oil, 4 pips for Gold, and 40 pips for Bitcoin/USD.

There are no other fee indicated for Spread Co, but traders are advised to verified fees pertainning to the following：

• Account maintenance and management

• Inactivity fees and Conversion fees

Trading Platforms

What Spread Co offers traders is not the MT4 trading platform, which is currently the most popular one, but its in-house developed online trading platform. This online trading platform requires no download and allows traders to customize their trading experience for experienced traders and novice traders. Anyway, lack of widely used MT4 & MT5 trading platforms really a drawback for such a big broker.

Deposit and Withdrawal of Spread Co

Spread Co allows traders to deposit and withdraw funds from their investment accounts via the following methods:

• Credit Card;

• UK Credit Card;

• Bank Transfer;

• Skrill

Spread Co does not charge traders any fees for withdrawals or deposits . Spread Co has no limit to how much you can fund via the platform, but the maximum amount which it can accept for your first payment is GBP500 via the phone. Successfully authorized payments will be available immediately.

Spread Co suppports the following deposit currencies when deposits and withdrawals are made to end from the trading account: GBP, USD, EUR.

Customer Support

Customer services are available in several options: email, whatapp, Live chat, and telephone.

Here are some contact details:

Telephone: 0800 078 9398

Email: info@spreadco.com

Or you can also follow this broker on some social media platforms, such as Facebook, Twitter, and Youtube.

Educational Resources

Spread Co provides clients support through relationship managers that provide assistance as well as providing eucation. The broker provides educational library with multiple guides and video updates along with the market overview, platform, news and economic calendars.

Pros & Cons

Pros	Cons
FCA-regulated	Additional non-trading fees
Competitive trading conditions	Limited product portfolios
7/24 customer support	No Ilslamic account provided
Demo accounts available	Withdrawal fees are charged
No deposit fees	Conservative leverage
Commission-free CFD trading

Frequently Asked Questions

Is Spread Co legal ？

Yes, Spread Co is a legal broker that adheres to rules and regulations stipulated by the FCA.

Does Spread Co offer a demo account？

Yes, Spread Co does offer a demo account that is valid for 2 weeks.

What is the maximum trading leverage offered by Spread Co？

The maximum trading leverage offered by Spread Co is up to 1:30.

What are the deposit and withdrawal methods supported by Spread Co ？

Payment methods supported by Spread Co include Bank Wire Transfer, Credit/Debit Cards, Skrill.

What is the overall rating for Spread Co ？

The overall rating for Spread Co is 7.06/10 based on its License Index, Business Index, Risk Management Index, Software Index and Regulatory Index.

Basic	Information
Registered Country/Region	United Kingdom
Regulation	FCA
Founding Time	2014
Minimum Deposit	$100
Maximum Leverage	1:30
Minimum Spreads	Variable
Trading Platform	MT4 & MT5
Trading Assets	Forex, Indices, Stocks, ETFs, Commodities, Crypto, Bonds
Payment Methods	Bank Transfer, Credit/Debit Card
Customer Support	5 /24 Live Chat, Phone, Emails

Overview of BUX Markets

BUX Markets, operated by BUX Financial Services Limited, is a regulated financial institution registered in the United Kingdom. It is authorized and regulated by the Financial Conduct Authority (FCA) with license number 184333. The company has been regulated since December 2001, and its adherence to financial regulations is overseen by the FCA to ensure market integrity and investor protection. However, it is important to note that BUX Markets does not currently have a trading software available.

BUX Markets offers a diverse range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. They provide two types of accounts: retail and professional, with a minimum deposit requirement of $100. The broker offers a demo account for practice trading and various educational resources such as webinars, guides, and videos to support traders' learning.

The proprietary trading platform provided by BUX Markets is called “TradeHub®,” offering advanced indicators, charts, and one-click trading. The platform supports trading across multiple markets and is accessible on PCs, tablets, and mobile devices. Customer support is available through phone and email during business hours, and there is a trading desk for trade-related inquiries.

Pros and Cons

BUX Markets, operated by BUX Financial Services Limited, is a regulated trading platform based in the United Kingdom. It offers a range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. The company provides two types of accounts, retail and professional, with a minimum deposit requirement of $100. BUX Markets has a proprietary trading platform called “TradeHub®” and offers educational resources such as webinars, guides, and videos. Customer support is available via phone and email during business hours, and a trading desk is available for trade-related inquiries. While BUX Markets is regulated and offers a diverse range of trading options, it's worth noting that its spreads are not considered particularly competitive compared to other market participants. Additionally, it is important to be aware that BUX Markets does not currently have a trading software available.

Pros	Cons
Regulated by the Financial Conduct Authority (FCA)	Spreads not considered competitive
Offers a variety of tradable assets	No trading software currently available
Two account types: retail and professional	Limited customer support availability outside of business hours
Minimum deposit requirement of $100	Limited information about Islamic accounts
Provides demo accounts for practice trading	Lack of specified leverage for certain instruments
Offers a proprietary trading platform, TradeHub®	Inactivity fees apply after 180 days of inactivity
Educational resources available	Limited information about trading tools and features
Customer support via phone and email	Funding charges for overnight financing
Payment methods include credit/debit cards and bank wire	Withdrawal process may take up to 5 working days

Is BUX Markets Legit？

BUX Markets, operating under the licensed institution BUX Financial Services Limited, is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The company holds a Market Making (MM) license with license number 184333. The regulatory oversight provided by the FCA ensures that BUX Markets adheres to financial regulations and standards.

BUX Financial Services Limited has been regulated since December 1, 2001. As a regulated entity, BUX Markets is required to comply with the guidelines and requirements set forth by the FCA to protect the interests of investors and maintain market integrity.

The licensed institution's address is located at 3rd Floor, Canvas 35 Luke Street, London EC2A 4LHE, United Kingdom. If you need to contact them, their phone number is 4402033262130, and their email address is compliance-lon@getbux.com. You can also visit their website at www.buxmarkets.com for more information.

Please note that the current information suggests that BUX Markets does not have a trading software available. It is essential to be aware of this fact when considering engaging with their services.

Market Instruments

BUX Markets offers a variety of market instruments for trading. Here are the types of instruments available:

Indices: BUX Markets provides trading opportunities for various indices, including the UK 100 Future, Wall Street Future, US 500 Future, US Tech 100 Future, Germany 30 Future, France 40 Future, and other European and Asian indices.

Currencies: Traders can access the foreign exchange market through BUX Markets. They offer currency pairs such as AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, and other combinations.

Shares: BUX Markets allows trading of shares from different countries. They offer shares in various market segments like the UK Blue Chip, UK Mid Cap, US Large Cap, France Large Cap, Germany Large Cap, and many more.

ETFs: BUX Markets provides access to exchange-traded funds (ETFs) that track underlying indices or commodities. Some of the available ETFs include Powershares QQQ Nasdaq, SPDR DJIA Trust, SPDR Gold Trust, SPDR S&P 500 ETF Trust, Vanguard MSCI Emerging Markets, iShares FTSE 100, and iShares Silver Trust.

Commodities: Traders can participate in commodity markets through BUX Markets. They offer futures contracts for metals like gold, silver, and platinum, as well as energy commodities like US Light Crude Oil and Brent Crude Oil. Additionally, there are futures contracts for soft commodities like Feed Wheat.

Interest Rates & Bonds: BUX Markets provides trading opportunities in interest rates and bonds. Traders can access products like 3-Month Short Sterling Future and Long Gilt Future in the United Kingdom, and Bund Future, Bobl Future, and Schatz Future in Germany.

Cryptocurrencies: BUX Markets also claims to offer trading options in cryptocurrencies.

Pros and Cons

Pros	Cons
Diverse range of market instruments available	Limited information on fees and charges
Access to various global indices	Limited cryptocurrency trading options
Wide selection of currency pairs	Lack of transparency in execution and pricing
Trading opportunities in shares from different countries	Limited educational resources for traders
Access to ETFs tracking indices or commodities	Relatively new platform, limited track record
Access to ETFs tracking indices or commodities	Limited customer support options
Participation in commodity markets	Regulatory compliance may vary by jurisdiction
Trading opportunities in interest rates

Account Types

BUX Markets offers two types of accounts: one for retail traders and one for professional traders. The minimum deposit required to start trading is $100, which is in line with the standard in the industry. Additionally, BUX Markets provides demo trading accounts that allow users to practice trading online using virtual funds. These demo accounts serve as a way for traders to familiarize themselves with the trading platform and the services offered by the broker, while also allowing them to test their trading strategies in a risk-free environment.

In addition to the retail account, BUX Markets offers a premium service targeted towards traders who may qualify as Professional Clients. Professional Clients are exempt from certain product intervention measures introduced by ESMA. To be classified as a Professional Client, traders need to meet at least two out of the following three criteria: having executed significant leverage trades at an average frequency of 10 per quarter over the last 4 quarters, possessing a financial instrument portfolio (including cash deposits) exceeding €500,000, or having at least one year of professional experience in a financial sector position that requires knowledge of leveraged products.

Pros and Cons

Pros	Cons
Low minimum deposit of $100	Limited information on specific benefits of the retail account
Demo trading accounts for practice and testing	Criteria for qualifying as a Professional Client may be restrictive
Professional account exemptions from certain measures by ESMA	Limited transparency on product intervention measures for retail traders
4. Risk-free environment for testing strategies	traders

How to Open an Account

To open an account with BUX Markets, follow these steps:

1. Visit the BUX Markets website and locate the “Start trading now” button.

2. Click on the “Start trading now” button to initiate the account opening process.

3. Fill in the required personal information, including your personal details such as name, date of birth, and nationality.

4. Provide your contact details, such as your email address and phone number, which will be used for communication purposes.

5. Enter your postal address to ensure accurate correspondence.

6. Proceed to provide the necessary financial information as requested by BUX Markets.

7. Share your trading experience details to give the broker an understanding of your level of expertise.

8. Finally, provide the required account details to set up your trading account with BUX Markets.

By following these steps and providing the requested information, you can successfully open an account with BUX Markets. It is important to note that the specific details and requirements may vary, so it's advisable to refer to the BUX Markets website or contact their customer support for any additional instructions or clarifications.

Leverage

BUX Markets offers leverage for different instruments based on specific ratios. For major currency pairs, the leverage provided is set at 30:1. When it comes to minor or currency pairs, the leverage ratio is 20:1. Odd currency pairs have a leverage ratio of 10:1. For gold, silver, and platinum futures, the leverage is set at 20:1. US light crude oil futures have a leverage ratio of 5:1, while Brent crude oil futures have a leverage ratio of 10:1. Lastly, UK, German, and other European bonds have a leverage ratio of 5:1. These leverage ratios determine the amount of exposure and risk that traders can take in their positions.

Spreads & Commissions

BUX Markets offers specific spreads for various products on their platform. The spread for the Eurodollar is 0.7 pips, while Gold has a spread of 2.0 pips. Additionally, the FTSE 100, Wall Street, and German 30 have spreads of 1.0 pip each. It should be noted that the spreads provided by BUX Markets are not considered to be particularly competitive when compared to other market participants.

Fees

Overall fees at BUX Markets are focused on keeping costs low to enhance performance. This includes minimizing spreads, rollover costs, and financing costs. Access to personalized customer service in London is provided free of charge, and there are no account charges.

Funding charges apply for overnight financing, typically at a rate of 0.0098% + ARR (0.0096% + ARR for GBP denominated assets). Long positions attract financing charges, while short positions may receive financial interest credited to the account. Cryptocurrencies may have significantly different financing charges, so it is advisable to review the specific details.

When futures are the reference market, BUX Markets charges only half of the bid offer for rollovers from one contract to the next. This means that the new position is only 50% of the standard spread for that market, reducing the cost for traders.

Inactivity fees are applicable if a trading account remains inactive for 180 days. After this period, an Inactivity Fee will be charged, and if the account continues to be inactive, the fee will recur in increments of £10 in subsequent periods of 30 calendar days. It's important to refer to the company's Terms and Conditions for more information, particularly regarding accounts held in currencies other than GBP.

Deposit & Withdraw

Credit/Debit Card:

BUX Markets allows users to fund their trading account using both debit and credit cards. Deposits made through these payment methods are processed immediately. It is important to note that the name on the card must match the name on the trading account. Deposits made with credit/debit cards are generally free of charge, except for cards issued outside of the European Economic Area (EEA), which may incur a 1.75% transaction fee. However, BUX Markets only accepts card payments that are 3-D secure, which adds an extra layer of protection against online fraud. Additionally, it is worth mentioning that BUX Markets does not accept third-party payments to maintain compliance with its internal policies.

Bank Wire Transfer:

BUX Markets also accepts deposits through bank wire transfer in various currencies such as EUR, GBP, USD, SEK, DKK, SGD, and CHF. To initiate a bank transfer, the account holder's name should match the name on the BUX Markets account. It is advisable to include the account holder's name and trading account number as a reference to ensure smooth allocation of funds. For the first deposit in GBP via bank transfer, BUX Markets may require a copy of a bank statement or transaction receipt. Cash deposits are not accepted due to money laundering regulations. Similar to credit/debit card deposits, third-party payments are not allowed, and users should ensure they fund their account with their own funds. Bank transfers may take up to 5 working days to appear in the trading account.

Withdrawing Funds:

The process of withdrawing funds from a BUX Markets account is straightforward. If a withdrawal is requested using a credit or debit card, the funds are debited from the trading account upon receipt of the request. BUX Markets returns funds only to their original source. Withdrawal requests made after 12:30 (GMT) are processed on the following working day. The withdrawal process generally takes up to 5 working days to complete. While it is possible to withdraw funds via bank wire transfer, debit/credit cards are the preferred method, and cheque refunds are not available.

Payment Methods:

BUX Markets accepts various payment methods, including VISA, Maestro, Mastercard, bank wire transfer, and Klarna. There is a minimum deposit requirement of 100 GBP/EUR/USD for credit card deposits, while there is no minimum deposit requirement for bank wire transfers.

Pros and Cons

Pros	Cons
Immediate processing of deposits	Possible transaction fee for cards issued outside EEA
3-D secure card payments	No cash deposits allowed
Acceptance of multiple currencies for bank wire transfers	Bank transfers may take up to 5 working days
	Third-party payments not allowed
	No cheque refunds available

Trading Platforms

BUX Markets offers traders a proprietary trading platform called “TradeHub®,” which differentiates itself from the popular MT4/MT5 platforms.

TradeHub® provides advanced indicators and charts for market analysis and allows for one-click trading directly from the charts. The platform's lifecycle costs are presented neutrally, including spreads, funding, and rollover costs.

Traders can opt for variable margin levels, ranging from low to 100%, to manage risk. Notional value trades allow users to input specific amounts for trades, providing options to adjust positions based on individual needs, strategies, or investment goals.

TradeHub® supports trading across multiple markets and is accessible on PCs, tablets, and mobile devices through the iOS and Android app. The platform offers a 24-hour dealing desk and emphasizes fast and accurate execution. Telephone trading is available without charge. Personal client service is based in London to provide support and assistance to traders.

Pros and Cons

Pros	Cons
Advanced indicators and charts for market analysis	No support for popular MT4/MT5 trading platforms
One-click trading directly from charts	Lack of compatibility with widely used trading software
Neutrally presented lifecycle costs (spreads, funding, etc.)	Limited availability of third-party tools and expert advisors
Accessibility on PCs, tablets, and mobile devices

Trading Tools

The trading tools offered by BUX Markets encompass various features to support traders in their activities. One of these tools is the TradeHub® charting package, which allows users to trade directly from the charts. The charts in TradeHub® provide persistent indicators that apply to the new instrument when it is changed, maintaining consistency. Traders have the option to customize technical indicators' parameters according to their preferences and strategies.

The TradeHub® charting package also includes pattern recognition capabilities, enabling users to identify market patterns and trends. The charts support bid, offer, and mid-prices for different timeframes and instruments. Users can choose from a variety of chart types and studies to analyze market data.

The charting package is compatible with mobile devices, allowing traders to access and monitor their trades. Simple filters are available to facilitate quick and accurate searches. The charts are browser-based, eliminating the need for additional software downloads.

Educational Resources

BUX Markets provides educational resources to help clients enhance their performance in CFD Trading and Spread Betting. These resources include webinars, guides, and videos, which are available to clients at no cost. These materials can simplify the learning process and provide insights into BUX Markets' products.

Additionally, customers have access to expert client services teams based in London. These teams can offer further assistance and support to clients.

The educational resources cover topics such as Spread Betting and CFDs, and include frequently asked questions (FAQs), a glossary of relevant terms, and useful dates related to trading activities. These resources are designed to provide clients with information and knowledge to make informed decisions in their trading endeavors.

Customer Support

BUX Markets provides customer support services during regular business hours from Monday to Friday, between 8:00 and 17:00 UK time. Clients can reach out to the service team through phone or email for assistance with their inquiries. The company aims to respond to customer queries as promptly as possible.

For trade-related inquiries, BUX Markets offers support through their trading desk. The trading desk's phone lines are open from 22:15 on Sunday until 22:15 on Friday, UK time. Clients can direct their trading-related questions to the trading desk via phone or email.

BUX Markets is headquartered in London, specifically at the following address: BUX Financial Services Limited, 3rd Floor, Canvas, 35 Luke Street, London, EC2A 4LH, United Kingdom. Clients can contact the company's London office through the provided phone number or email address for any support needs.

Conclusion

In conclusion, BUX Markets is a registered company, BUX Financial Services Limited, operating in the United Kingdom and regulated by the Financial Conduct Authority (FCA). With over 20 years of experience, BUX Markets offers a variety of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. They provide a proprietary trading platform called “TradeHub®,” which offers advanced charting and one-click trading capabilities. BUX Markets offers two types of accounts, retail and professional, with a minimum deposit requirement of $100. They also provide a demo account for practice trading and offer customer support through phone and email during business hours. However, it should be noted that BUX Markets does not have a trading software available, and their spreads are not considered particularly competitive compared to other market participants.

Educational Resources

Webinars, trading manuals, a dictionary of words, frequently asked questions, and instructional videos are all available. It's awesome that you can get them at no cost from the site. This is great since it makes learning about internet trading accessible to complete novices. To put it another way, they want you to make well-informed trading decisions, and this is evidence of that. The benefits of the broker's products and how they can help you can be researched as well. CM Trading has an extensive library of learning resources available if you feel you need some additional guidance.

FAQs

Q: Is BUX Markets a legitimate company？

A: Yes, BUX Markets is a legitimate company registered in the United Kingdom and regulated by the Financial Conduct Authority (FCA).

Q: What trading platforms does BUX Markets offer？

A: BUX Markets offers a proprietary trading platform called “TradeHub®”

Q: What are the available account types at BUX Markets？

A: BUX Markets offers retail and professional accounts to cater to different types of traders.

Q: What payment methods can I use for deposits and withdrawals？

A: BUX Markets accepts credit/debit cards and bank wire transfers for deposits and withdrawals.

Q: What educational resources are available at BUX Markets？

A: BUX Markets provides webinars, guides, videos, and other educational resources to support clients' trading knowledge.

Q: How can I contact customer support at BUX Markets？

A: You can reach BUX Markets' customer support team through phone and email during business hours. The trading desk is available for trade-related inquiries.

Q: What markets and instruments can I trade with BUX Markets？

A: BUX Markets offers a wide range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies.

Q: What is the minimum deposit required to open an account with BUX Markets？

A: The minimum deposit requirement is $100.

Q: Does BUX Markets offer demo accounts？

A: Yes, BUX Markets provides demo accounts for practice trading.

Q: What is the maximum leverage offered by BUX Markets？

A: The maximum leverage is set at 1:30 for most instruments.