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Spread Co Spread Betting Review

#12 of 14 brokers ranked

Spread Co has the widest nine-pair figure of the accounts publishing such a figure on all nine pairs, and it prices above the average of the three to five brokers publishing a comparable figure on seven of the nine.

🗺️ FCA regulated: Spread Co Limited (FRN 446677), checked on the FCA register 22 Sep 2026

  • Minimum depositNot stated
  • PlatformsSATURN Trading platform, Spread Co mobile and tablet app
  • Spread, nine-pair average2.26 pts brokers’ average 1.79
  • Spread data read18 Sep 2026
Spread Co spread betting review
What changed

Updated on 3 October 2026: The exchange-rate snapshot now reflects the 2 October 2026 5pm New York close, replacing the 1 October 2026 5pm New York close. Existing calculator and margin examples recalculate from the refreshed snapshot using existing formulas.

Our spread bet content is supported by broker partners, who pay us on a retainer basis rather than per referral.

What Does A Spread Co Spread Bet Cost?

Stake per point
Bets per month
Spread Co2.26 pts, nine-pair average£226.00
Brokers’ average1.79 pts, the same nine pairs£179.00

Spread Co costs £47.00 a month more than the brokers’ average at this stake and bet count

At £5 a point and 20 bets a month on the nine-pair average, a Spread Co spread bet costs about £226.00 in spread, against £179.00 at the brokers’ average: £11.30 per bet beside £8.95. The figures are Spread Co’s own published fixed spreads for spread betting, read on 18 Sep 2026. The nine-pair figure is the mean of the nine per-pair averages of the brokers that publish one.

Capital at risk when spread betting. A worked figure is not a quote.

Our Verdict On Spread Co

Spread Co scores 45/100 and ranks 12 of 14. Its criterion marks run 3 to 7 of 10; August 2026 median fill 234ms. Its published spread is below the average of the brokers that publish one on two of nine pairs, over seven.

How We Scored Spread Co

Our overall score for Spread Co is 45 out of 100. Below is the assessment behind it: Spread Co marked on each of the criteria we score every account against, each one out of 10.

Spread Co marked out of ten on each of the six criteria we score every account against, shown as a bar on each row.
CriterionSpread Co
Trading Cost3 / 10
Trading Experience3 / 10
Trading Platform4 / 10
Trust4 / 10
Range Of Markets7 / 10
Customer Service6 / 101 service contact, 27 Aug 2026

The overall score shown above the table is the sum of these six marks, each out of 10, divided by 60 and multiplied by 100, rounded half up. No criterion is weighted, and this has been how every score on the site is computed since 24 September 2026.

Our methodology for scoring accounts sets out what each criterion covers, where the data behind it comes from, and which parts of an account we assess rather than test.

Who You Are Actually Contracting With

Spread bets at Spread Co are placed with Spread Co Limited (FRN 446677). The brand and the authorised firm share a name here, so a register search for Spread Co returns the company you were looking for.

Our guide to spread betting regulation in the UK publishes the authorised entity and reference number for every provider we track.

Is Spread Co Regulated By The FCA?

Spread Co Limited is on the Financial Services Register under firm reference number 446677, and its status panel reads Authorised, since 6 Oct 2006. We read the entry on 3 Sep 2026, and the capture below is what the register showed that day.

FCA Financial Services Register entry for Spread Co Limited, firm reference number 446677: the firm details and firm status panels, status Authorised since 6 Oct 2006, captured 3 Sep 2026
Spread Co Limited, FRN 446677, on the FCA Financial Services Register: status Authorised, since 6 Oct 2006. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.

The permissions panel is not in the capture, so this page makes no claim about which regulated activities the authorisation covers. Our regulation guide sets out verifying a spread betting broker on the FCA register.

Spread Co Trust, Ownership And Client Money Protection

Can You Trust Spread Co?

Spread Co states that retail clients' losses will never exceed the cash balance in their account. (Spread Co's own site, read )

Who Owns Spread Co?

Spread Co Uk Limited owns Spread Co Limited, holding 75% or more of the shares and voting rights, according to the Companies House register of persons with significant control, read on 19 September 2026. (Companies House, read )

What Happens To Your Money If Spread Co Fails?

Spread Co states that all client money is kept in a separate bank account with NatWest Bank, from the company's funds. Spread Co states that in the event of its insolvency, clients may be eligible to claim compensation from the Financial Services Compensation Scheme of up to £85,000. The FSCS's limit is up to £85,000 per eligible person, per firm, for a firm that failed after 1 April 2019. (Spread Co's own site, read ; Spread Co's own site, read ; FSCS, read )

How Long Do Spread Co Withdrawals Take?

We requested a withdrawal on 27 August 2026. The fee was £0. It had not arrived when we last checked, on 30 August 2026. (our August 2026 withdrawal test, requested )

Spread Co offers CFD trading as well as spread betting on its UK site, and you can weigh the two products against each other in the difference between spread betting and CFDs. (Spread Co's own site, read )

Spread Co Licence And Terms

Regulator
Financial Conduct Authority (FCA)
Authorised entity
Spread Co Limited (FRN 446677)
Register status
Authorised
Authorised since
6 Oct 2006
Register read
3 Sep 2026
Guaranteed stops
Offered
Inactivity fee
no inactivity or dormancy fee

Spread Co Spread Betting Costs

Spread Cost Per Pair At Your Stake

No sign-up needed
Each currency pair with Spread Co's published spread, the brokers' average, and the spread cost, margin and brand count that follow from your stake and bets.
Currency pair Spread Co (pts) Brokers’ average (pts) Spread cost per bet At the brokers’ average Per month Margin to open Brands in the average
EUR/USD 0.8 0.7 £4.00 £3.50 £80.00 £1,873.50 5
GBP/USD 1 1.2 £5.00 £6.00 £100.00 £2,199.83 5
EUR/GBP 1 1.1 £5.00 £5.50 £100.00 £1,419.50 5
USD/JPY 1 0.8 £5.00 £4.00 £100.00 £2,634.50 5
AUD/USD 1 0.8 £5.00 £4.00 £100.00 £1,732.25 5
USD/CAD 2.5 1.5 £12.50 £7.50 £250.00 £2,369.83 4
AUD/JPY 3 2 £15.00 £10.00 £300.00 £2,738.25 3
EUR/JPY 2 1.7 £10.00 £8.50 £200.00 £2,961.50 4
USD/SGD 8 6.3 £40.00 £31.50 £800.00 £3,200.00 3
Average of the nine 2.26 1.79 £11.30 £8.95 £226.00

These are Spread Co’s fixed spreads for spread betting, read from its UK website on 18 Sep 2026. The broker states no window for these figures. Each pair's average of the brokers that publish one is the mean of the published average, typical and fixed spreads, with the broker count shown. Minimums and targets are left out. Spread cost is the spread multiplied by your stake. Margin to open is the exposure divided by the FCA retail leverage cap for the pair (30:1 or 20:1), at the Fri 2 Oct 2026 5pm New York close levels; a provider may hold more margin than the cap requires, never less.

Capital at risk when spread betting. A worked figure is not a quote.

Spread Co's fixed spreads apply to bets of up to £50 a point, and above that stake its spreads widen on a sliding scale.

Our spread betting statistics page publishes the whole collection if you want to see the field rather than a single account.

The Fixed Index Spreads, In Spread Co’s Own Bands

Spread Co prices its index markets at fixed spreads that apply between set hours rather than at a variable spread that moves with the market. Its own Market Information table publishes them, band by band.

  • FTSE 100: 0.6 points fixed, 08:00 to 16:30 (4.1 pre-market, 1.1 post-market)
  • S&P 500: 0.4 points fixed, 14:30 to 20:59
  • Nasdaq 100: 0.5 points fixed, 14:30 to 20:59

Guaranteed Stops At Spread Co

Guaranteed stop-loss orders are available at Spread Co.

Spread Co's terms of business offer a guaranteed stop loss on selected markets, at Spread Co's discretion, for a premium paid when the deal is placed.

Our spread betting stop-loss guide covers how the order type behaves in a gapping market.

What You Trade On

Spread Co runs two platforms of its own, the SATURN Trading platform in a web browser and the Spread Co mobile and tablet app, with no third-party software.

Spread Co recorded a median fill of 234ms in our timed testing, across 15 live orders placed between 18 and 27 August 2026.

Our app test counts rather than times. It records the taps from a logged-in state to a placed order, whether price alerts fire, and whether a guaranteed stop can be placed in the app. We drove the iOS build and the Android build of the sideloaded Spread Co app on 22 and 23 August 2026, using an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15.

On Spread Co it took six taps to get from a logged-in state to a placed order. Price alerts did not work on either build, and a guaranteed stop can be placed in the app itself. We logged two issues across the two builds: iOS: app dropped the session once and required a full re-login; Android: order ticket did not rotate to landscape, no crash.

Our comparison page carries the fourteen ranked spread betting platforms, scored on the attributes we can evidence.

What Our Spread Co Service Tests Found

Spread Co answered our phone call on 27 August 2026 in 3 minutes, but the question was not resolved. A withdrawal on 27 August 2026 cost £0, and the money had not arrived when we last read the dataset on 30 August 2026.

Spread Co Versus FXCM And Vantage

Spread Co takes the first column.

Spread Co in the first column, against the brokers ranked either side of it, on the figures our reviews record.
FigureSpread CoFXCMVantage
Spread Bet Score45/10060/10040/100
Our ranking12 of 1411 of 1413 of 14
Nine-pair average spread2.26 ptsNo nine-pair figureNo nine-pair figure
EUR/USD spread0.8 ptsNot publishedNot published
GBP/USD spread1 ptsNot publishedNot published
Median fill, timed234 ms181 ms158 ms
Minimum depositNot stated£50£50
Guaranteed stopsYesNoNo
PlatformsSATURN Trading platform, Spread Co mobile and tablet appTrading Station, MetaTrader 4MetaTrader 4, MetaTrader 5, Vantage UK App, Vantage Web Trading

Spread Co Testing Log

One row per dated testing event on Spread Co: the date, and what we did and what we found on it.
DateWhat we did and what we found
Both builds driven on an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15 (iOS on 22 Aug 2026, Android on 23 Aug 2026): six taps from login to a placed order, and price alerts did not work on either build.
Criterion scores read from our master scoring sheet.
Support contacted by phone. First response in 3 minutes; not resolved.
Withdrawal requested. Fee £0; the money had not arrived when we last read the dataset on 30 August 2026.
15 live orders timed between 18 and 27 August 2026. Median fill 234ms, thirteenth-fastest of the fourteen accounts we timed.
FCA register entry read directly: Spread Co Limited, FRN 446677, authorised.
We read the spread figures Spread Co publishes for spread betting on its own UK site: a fixed figure on all nine pairs, averaging 2.26 points against the 1.79-point nine-pair average across the brokers that publish one.
Demo account terms read from Spread Co's own page.
The Customer Service mark is now computed from our support test under our published rule.

What Other Review Sites Say About Spread Co

How popular is Spread Co in the UK?

Spread Co sits in the lower half for search interest, 13th of 14 on 960 branded searches in August 2026.

13of 14Search interest rank
960
Brand searches, August 2026
-34.2%
vs July 2026
200
Login searches
0.8%
Share of all searches

Source: Google search volume, the UK, August 2026.

These are Spread Co’s ratings on the platforms below, each read on the date shown and stated in that platform’s own scale.

Spread Co rated on each third-party platform, with the rating scale, the volume of ratings and the date we read it.
Platform Rating Volume Read on
Trustpilot 4.2 out of 5 63 reviews 28 Sep 2026
Spread Co’s Trustpilot profile, read 28 Sep 2026: 4.2 out of 5
Spread Co’s Trustpilot profile, captured 28 Sep 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.

Spread Co At A Glance

Key facts about Spread Co: its FCA-regulated entity, minimum deposit, spread bet platforms, markets, inactivity fee and guaranteed stops.
🗺️ FCA regulated Spread Co Limited (FRN 446677)
💷 Minimum stake 0.01 (1p per point-equivalent)
📊 Spread bet platforms SATURN Trading platform, Spread Co mobile and tablet app
💱 Inactivity fee no inactivity or dormancy fee
🛡️ Guaranteed stops Available

What You Can Bet On

Two kinds of figure sit in this list and the difference matters. An unmarked row is a total Spread Co publishes about itself. A row marked † is our own count, and the note under the list says how and when we made it.

  • Forex pairs: 36
  • Indices: 12 †
  • Shares: around 1,000

† Our own count, made on 22 Sep 2026 from the instrument list Spread Co publishes on its own site. Spread Co states no total for these markets, so the figure moves whenever it adds an instrument and we have not counted again.

Our spread betting calculator shows what a stake is worth per point of movement.

Spread Co Pros And Cons

Pros

  • Guaranteed stop-loss orders available
  • Minimum stake 0.01 (1p per point-equivalent)

Cons

  • Above the Brokers' Average on seven of nine Pairs
  • Ranks 12 of 14 on our review score

Your Experience With Spread Co

If you have traded with Spread Co, tell us what a new customer should know. Submissions are read by the team. Only reviews we can verify are ever published, and none are published yet. Nothing you enter here appears on this page.

Your rating of Spread Co

1 is poor, 5 is excellent.

Markets you traded

Reviews are never paid for and never edited for a broker.

Spread Co Spread Betting: FAQs

What is the minimum bet size at Spread Co?

A penny a point, which Spread Co states applies across its markets. That is the figure on the summary table on this page, read from Spread Co's own FAQ. A small minimum decides whether an account is usable for somebody sizing positions carefully rather than trading large.

Does Spread Co offer guaranteed stop-loss orders?

Yes. Spread Co’s terms of business offer a guaranteed stop loss on selected markets, at Spread Co’s discretion, for a premium paid when the deal is placed.

Who An Account Like This Still Suits

Spread Co suits a reader trading the major pairs or the index markets during their main session, on a small balance, who wants a minimum bet size measured in pennies.

It suits almost nobody else. The average across the nine pairs is the wider of the two nine-pair figures we read.

Spread betting and tax covers where the UK exemption stops.

63.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

Your capital is at risk. Spread betting is leveraged, so losses can exceed the amount you set out to risk on a bet. This page is not financial or tax advice.

About The Author

Justin Grossbard, co-founder of Spread Bet UK
Justin Grossbard

Justin Grossbard co-founded Spread-Bet.co.uk with Noam Korbl in 2024, and co-founded the broker comparison network CompareForexBrokers with him in 2014. He has written for Kiplinger, Entrepreneur, Finance Magnates and MoneyShow since 2022, with articles on forex and trading at MoneyShow, Finance Magnates and Kiplinger.

Change history: 9 earlier dated notes
  1. Updated on 28 Sep 2026: The Customer Service mark is now computed from our support test under our published rule, rather than typed from the scoring sheet. Spread Co’s Customer Service mark moves from 5/10 to 6/10, its overall score moves from 43/100 to 45/100, and it stays twelfth of 14. The contact behind the mark, made on 27 Aug 2026, was not resolved, so 3 was taken off the band mark. The review now prints the number of contacts behind the mark, one, and the date beside the mark, and the author line, this change note and the payment disclosure now sit after the opening answer and the four fact tiles.

  2. Updated on 24 Sep 2026: a sentence now states that Spread Co’s fixed spreads apply to bets of up to £50 a point, and that above that stake its spreads widen on a sliding scale. The source is Spread Co’s own Spread Bet Markets page, read on 24 Sep 2026. Before this, the page called its spreads fixed without that limit. No score, rank or spread figure changed. we recomputed every score on the site as the sum of the six criterion marks, each out of 10, divided by 60 and multiplied by 100, rounded half up, with no criterion weighted, and the ranking follows the scores, with brokers on the same score sharing a place. Spread Co’s score moved from 46/100 to 43/100 and its place moved from thirteenth to twelfth of 14. The paragraph under the table of marks now states this rule, where it had said the marks do not add up to the score. The comparison with the brokers ranked either side follows the new order. we recomputed every score on the site as the sum of the six criterion marks, each out of 10, divided by 60 and multiplied by 100, rounded half up, with no criterion weighted, and the ranking follows the scores, with brokers on the same score sharing a place. Spread Co’s score moved from 46/100 to 43/100 and its place moved from thirteenth to twelfth of 14. The paragraph under the table of marks now states this rule, where it had said the marks do not add up to the score. The comparison with the brokers ranked either side follows the new order.

  3. Updated on 23 Sep 2026: This review was checked against Spread Co’s own UK pages and the FCA Register, and several passages that repeated what other pages own, or that we could not source, were removed, including the account-opening timing and the "which account to choose" passages. Four dated tests were added: a support question, an account opening, a withdrawal, and both builds of the app driven on an iPhone and a Pixel. Spread Co’s terms of business were confirmed to offer a guaranteed stop loss on selected markets, at its discretion, for a premium.

  4. Updated on 22 Sep 2026: The old average and figure terms are now named as the average of the brokers that publish one, or the brokers’ average. The FCA register check date and the instrument count date were updated to 22 Sep 2026, the minimum deposit now reads "Not stated", the platform list was updated, and the exchange-rate snapshot for margin was refreshed to the Mon 21 Sep 2026 New York close.

  5. Updated 19 Sep 2026. A new section covers Spread Co trust, ownership, what happens to your money if it fails and our withdrawal test, sourced 19 September 2026. The FCA section opens with whether Spread Co is regulated, the byline now credits David Levy as fact-checker, and a CFD sentence links to our comparison. The verdict gives Spread Co’s criterion mark range, its median fill in our August 2026 timed orders, and published spreads against the publishing brokers’ average separately. The opening names its average and broker count, and the H1 regains Review. No score, rank or spread figure changed.

  6. Updated 18 Sep 2026. We changed how we read spreads: we now read each broker’s own UK site and record what kind of figure it publishes, average, typical, fixed, target or minimum. The cost section, the verdict and the pros and cons now follow what Spread Co publishes. No score or rank changed.

  7. Updated 5 Sep 2026. A section inviting readers who have traded with Spread Co to tell us what a new customer should know now sits before the FAQ: a rating, how long they have traded, the markets, one thing to know, and their consent. Submissions are read by the team, only reviews we can verify are ever published, and none are published yet; nothing entered there appears on this page. No figure changed.

  8. Updated 3 Sep 2026. Three changes on the day. First, a cost band now opens the page: what a spread bet costs at your stake and bet count against the brokers’ average, computed from the same harvest as the spread table further down. Second, the FCA register entry for the authorised firm was re-read and captured, and the capture sits under the section on who you contract with, beside the licence list; the rail’s section list was cut to the sections readers use. Third, the page moved onto the new review layout: a head-to-head against the two accounts either side of it in our ranking, a dated testing log built from the August datasets, a licence list, a per-bet cost tool on the spread table, and a section carrying the third-party ratings read from the platforms themselves, each with the date it was captured. No spread figure, score or rank changed.

  9. Updated 31 Aug 2026. Four dated tests were added and none was on the page before: a support question timed to first response, an account opening timed to approval, a withdrawal with its fee and its outcome, and both builds of the app driven on an iPhone and a Pixel. Two of the three service results are negative and the page states both. The sentence saying we have published no assessment of how these platforms perform is retired, because the app test now measures part of what it disclaimed. No spread figure, score or rank changed.