Moomoo vs Spreadex
Moomoo | Spreadex |
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3.8
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3.5
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Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses. |
Spreadex is an FCA-regulated broker that offers spread betting opportunities on an impressive 10,000+ CFD instruments including 60 forex pairs. Traders can also take short-term positions on sporting events. The brand has been around for over 20 years and has won multiple awards. |
Customer Reviews | |
3.5
Based on 2 Moomoo customer reviews
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Bonus Offer | |
£300 cashback | |
Comment by Reviewer | |
"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees." | "Spreadex will appeal to UK day traders who are interested in both spread betting on financial markets and placing traditional bets on sports events. Fees are low on short trades and profits are tax-free on spread bets. There's also a powerful proprietary charting platform, plus £0 minimum deposit required to get started. " |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, ETFs, ADRs, OTCs | Forex, CFDs, Indices, Commodities, Stocks, Crypto, Bonds, Interest Rates, ETFs, Options, Spread Betting |
Demo Account | |
Yes | No |
Minimum Deposit | |
$0 | £0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | £0.01 |
Regulator | |
SEC, FINRA, MAS, ASIC, SFC | FCA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
6.8 | |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes (iOS & Android) | iOS & Android |
App Review | |
Spreadex delivers a first-rate mobile trading app on iOS and Android, featuring sophisticated charts with intervals from 1 tick to 1 month and 10+ years of historical data. Price alerts are also easy to set up using the bell icon next to each asset, ensuring you don’t miss opportunities. However, integration of features like the economic calendar and market updates could be improved, as they redirect you to an external browser, dampening the mobile trading experience. |
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Android App Rating | |
3.3 |
4.5 |
iOS App Rating | |
4.6 |
4.5 |
Auto Trading | |
No | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
None | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | £0 |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | Trade CFDs on Spreadex's diverse list of instruments with leverage up to 1:30 and highly competitive spreads. While this broker's USP is spread betting, the excellent trading terms and range of markets makes it an equally good choice for CFD trading. |
Leverage | |
1:2 | 1:30 |
FTSE Spread | |
1.0 | |
GBPUSD Spread | |
0.9 | |
Oil Spread | |
2.8 | |
Stocks Spread | |
$0 per trade | 0.15% |
Forex Trading | |
Forex trading not offered | Trade on 60+ forex pairs with no commission and competitively tight spreads from 0.6 on major pairs such as EUR/USD. This is a good selection of forex pairs and excellent pricing for commission-free trading, well below the industry average. |
GBPUSD Spread | |
0.9 | |
EURUSD Spread | |
0.6 | |
EURGBP Spread | |
0.9 | |
Assets | |
60+ | |
Cryptocurrency | |
Crypto trading not offered | Spreadex offers spread betting on Bitcoin, Bitcoin Cash, Ether, Litecoin and Ripple in pairs with USD, allowing traders to make leveraged bets on crypto price movements through a derivative contract without owning the digital assets. |
Spread | |
1 - 140 pips | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
Moomoo vs |
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