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    Spreadco

    • United Kingdom United Kingdom
    • 15-20 years
    • Regulated in United Kingdom
    • Market Making(MM)
    • Non MT4/5 Software
    • Suspicious Scope of Business
    Open Account
    WikiFX Score
    Comparison

    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!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free

    Broker Information

    Company Name

    Spread Co Limited

    Phone of the company

    08000789398

    Company website
    http://www.spreadco.com/
    Customer Service Email Address

    info@spreadco.com

    Company address

    --

    Pyramid scheme complaint
    Expose
    WikiFX Risk Alerts 2
    2022.05.28

    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!

    • Account
    Comparison
    • CFD Account
    • Spread betting account
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit --
    • Minimum spread --
    • Products shares, commodities, forex, cryptocurrencies
    • Currency --
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit £1
    • Minimum spread --
    • Products indices, FX, commodities,equities
    • Currency --
    • Currency --
    • Minimum position --
    • EA supported
    • Depositing Method --
    • Withdrawal Method --
    • Commission --
    • Currency --
    • Minimum position --
    • Depositing Method --
    • Withdrawal Method --
    • Commission --
    • Marketing Strategy
    Subscribe to VPS now

    Delivery Index

    Mkt. Analysis

    Material

    Ad Brand

    Sources

    Language

    No data

    Spreadco

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    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    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.

    • Licensed Institution :

      Spread Co Limited

      Effective Date :

      2006-10-06
    • Email Address of Licensed Institution :

      ajay.pabari@spreadco.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.spreadco.com/

      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

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    Spreadco

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Spreadco
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    Spreadco · Company summary

      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:

    •   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.

       Customer Support

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

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    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.