The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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Spread Co Limited
Current data shows that this broker is using Non MT4/5 Software
The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months, please be aware of the risk!
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.
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?
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
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The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
License Type:Market Making(MM)
Regulated in Country/AreaUnited Kingdom
Regulatory License No.：446677
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :1st Floor North Argyle House Joel Street Northwood Hills Middlesex HA6 1NW UNITED KINGDOM
Phone Number of Licensed Institution :4401923832600
Licensed Institution Certified Documents :Annex1
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation of Spread Co
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 of Spread Co
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.
Minimum Deposit of Spread Co
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.
Leverage of Spread Co
Trading leverage vary by different instruments, 1:30 for Forex currency pairs, 1:10 for commodities, and 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.
Trading Platforms of Spread Co
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:
UK Credit Card;
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.
Customer services are available in several options: email, whatapp, Live chat, and telephone.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.