Accounts & headline costs
Sections ↑Spread Co offers two ways to trade leveraged market exposure: a spread betting account with a monetary stake per point, and a CFD account measured in contract quantities. Both use its proprietary Saturn Trader platform. The account choice determines the position unit and which published price schedule applies.[1]
Account comparison01
Account routes and practical differences
| Attribute | Spread betting | CFD |
|---|---|---|
| Position unit | Monetary stake per point | Contract quantity; no underlying asset ownershipSource 1 |
| Published entry size / charge | Index stakes advertised from 1p; product minima differ | UK100 equity markup starts at 0.05% per sideSource 1 |
| Retail / professional | Elective professional classification requires evidence and approval | Lower professional margins; several retail safeguards ceaseSource 18 |
| Practice route | Demo linked from platform pages | Simulation does not establish live fills or withdrawalsSource 9 |
Pricing & charges02
Published FX spread comparison
Account comparison03
Account currency and funding threshold
| Field | Published position | Qualification |
|---|---|---|
| Account currency | GBP, USD or EUR on the standard application | Withdrawal currencies include AED as well; that does not add AED to this application’s account-currency choicesSource 24 |
| Initial funding | £100 suggested | The deposits FAQ does not make it a compulsory opening depositSource 13 |
| Opening / account fee | No account fee stated on costs page | Trading spread, financing and payment-related charges still applySource 4 |
| Client category | Retail unless agreed otherwise | Professional approval depends on experience, activity and/or assets, not a larger deposit aloneSource 20 |
Products & platforms
Sections ↑Reference table04
Products and ownership
| Market | Published coverage | What the client holds |
|---|---|---|
| Currencies | Major pairs and crosses | Leveraged price exposure; no deliverable currency service establishedSource 1 |
| Indices | Cash and dated index contracts | Spread bet or CFD, rather than units in an index fundSource 8 |
| Precious metals | Spot gold and silver; gold page also references futures and ETFs | Derivative exposure, without physical bullion custodySource 11 |
| Energy | US and UK crude oil futures in the commodity range | Dated derivative contract; the accessible page does not explicitly identify the US contract as WTISource 12 |
| Equities | UK, US and several European markets; ETFs and ADRs | CFDs/spread bets do not provide the underlying shareholder ownership rightsSource 18 |
Pricing & charges05
Gold and oil: preserve the pricing unit
| Contract | Spread-bet schedule | CFD schedule |
|---|---|---|
| Spot Gold | 3 stake points 07:00–22:00; 4 overnight; 0.1 price movement per stake point | 0.30 price units 07:00–22:00; 0.40 overnightSource 2Source 3 |
| US Crude Oil Future | 3 stake points 07:00–22:00; 4 overnight; 0.01 per stake point | 0.03 price units 07:00–22:00; 0.04 overnightSource 2Source 3 |
Platforms & products06
Saturn Trader web features
| Capability | Published implementation | Boundary |
|---|---|---|
| Access | Browser-based platform; Chrome recommended | No desktop installation required for the web routeSource 9 |
| Chart trading | Embedded TradingView charting with chart-based trade and order editing | Embedded charts do not establish connectivity from a separate TradingView brokerage accountSource 9 |
| Monitoring | Watchlists, alerts, saved layouts and chart export | Check each alert’s delivery channel before relying on itSource 9 |
| Position management | Long and short positions in the same instrument | Hedged gross positions can still carry financing and margin exposureSource 9 |
Platforms & products07
Mobile operation
| Feature | Published scope |
|---|---|
| Devices | Separate iOS and Android availability; compatible-device requirements applySource 10 |
| Trading | Position monitoring, stop/limit controls, margin display and optional one-click confirmation removalSource 10 |
| Analysis | TradingView charts, approximately 50 indicators, watchlists and economic-event alertsSource 10 |
| Accounts / access | Switch between accounts in-app; Touch ID on supported devicesSource 10 |
Fees & holding costs
Sections ↑The public fee lists describe FX, indices and commodity dealing through the quoted spread, while share dealing incorporates an additional markup. “No commission” therefore does not mean that an equity trade has no dealing charge. A position held past the overnight cut-off may also incur financing, and a foreign-currency CFD balance can create conversion costs.[7][8]
Pricing & charges08
Equity dealing charges
| Market | Published markup | How to read it |
|---|---|---|
| UK100 equities | 0.05% each side | Added to the underlying market spread; no minimum commissionSource 6 |
| UK250 equities | 0.075% each side | Both opening and closing sides matterSource 3 |
| US equities | 2–4 cents on bid and offer respectively | 4–8 cents total round trip, in addition to underlying spreadSource 3 |
Pricing & charges09
Overnight financing mechanics
| Position | Published treatment | Timing / qualification |
|---|---|---|
| Long cash indices | Relevant benchmark plus 2% annual charge | Currency benchmark: SONIA, SOFR or ESTR; use current platform rateSource 5 |
| Short cash indices | No overnight financing debit advertised | A credit may arise where benchmark exceeds the stated adjustment; no fixed yield promisedSource 5 |
| FX / precious metals | Tom-next based adjustment | Direction and currency matter; cost or credit can changeSource 5 |
| Dated futures | No separate daily overnight debit | Carry is embedded in the futures price; expiry/roll costs remainSource 5 |
Pricing & charges10
Other holding and account costs
| Item | Practical effect |
|---|---|
| Cut-off / weekends | 22:00 UK cut-off; FX/bullion normally triple-adjust Wednesday and cash indices/equities Friday; holidays change daysSource 4 |
| CFD conversion | Foreign-currency cash is converted monthly; matching/closing affects realised P&L conversionSource 4 |
| Conversion adjustment | Published currency-specific pip adjustment with multiplier 3 below USD 50,000 converted and 2 above; exact boundary not specifiedSource 4 |
| Short shares | Borrow availability, additional borrowing cost and recall can affect the positionSource 4 |
| US dividend credit | 70% standard long payment; 85% for qualifying UK clients with W-8BEN; shorts charged 100%Source 4 |
Pricing & charges11
Deficit and rollover treatment
| Item | Published rule |
|---|---|
| Debit balance interest | Older fee lists state currency base rate plus 2%; professional deficits remain repayableSource 8 |
| Standard futures roll | Close old contract and reopen next at mid-price; above standard size, bid/offer treatment and underlying charges can applySource 7 |
| Financing calculation | Charges depend on full position value and the relevant day-count convention, not merely the margin depositedSource 5 |
Execution & trading rules
Sections ↑Reference table12
Execution model and order handling
| Issue | Published policy | Implication |
|---|---|---|
| Counterparty | Spread Co is an OTC market maker acting as principal and execution venue | Trades are not executed for the client on a regulated exchangeSource 17 |
| Quoted price | Underlying sources plus broker spread; outside-hours prices can use related-market estimates | An exchange print and the dealing quote can differSource 17 |
| Slippage | Both favourable and adverse movements passed through under the policy | A stop price is not necessarily the fill priceSource 17 |
| Execution objective | Price and cost normally lead, alongside liquidity, speed and likelihood | Best execution is not a guarantee of the best price available anywhereSource 17 |
Reference table13
Order tools and constraints
| Tool / rule | Published behaviour |
|---|---|
| Fill outcome | Orders are entirely filled or rejected; FAQ says no partial fillsSource 16 |
| Primary and linked orders | Primary opens a position; linked stop/limit manages an existing positionSource 16 |
| Contingent / if-done | A primary execution activates its linked stop and/or limitSource 16 |
| Time in force | GTC, end of day and specified date/time; end of day normally 22:00 UKSource 16 |
| Trigger side | Buy orders use offer; sell orders use bid; minimum order distances applySource 16 |
| Ordinary stops | Gaps can lead to the next tradable price; limits filled at requested limit under FAQSource 16 |
Protections & eligibility14
Margin and close-out
| Rule | Retail position | Professional distinction |
|---|---|---|
| Core FX | EUR/USD, USD/JPY, GBP/USD retail margin 3.33% | Published matrix margin 0.5% for these examplesSource 3 |
| Major index example | NDQ100 retail margin 5% | Professional 0.5% exampleSource 19 |
| Retail close-out | Automatic close-out below 50% of required margin | Mandatory retail threshold does not apply in the same waySource 18 |
| Loss beyond cash | Retail negative balance protection | Professional negative balances are payableSource 18 |
The CFD terms permit guaranteed stops on selected referenced instruments only where Spread Co offers them, at its discretion and for a premium. The public sources reviewed do not provide a current universal premium or eligible-market list. An ordinary stop should not be described as guaranteed simply because it is attached to a trade.[18]
Deposits, withdrawals & transfers
Sections ↑Reference table15
Deposit access
| Method / rule | Published position |
|---|---|
| Cards | Deposit through the platform; authorised card deposits described as immediateSource 13 |
| Bank transfer | Own-name payment into designated segregated client-money bank accountsSource 13 |
| Unavailable routes | No cash, cheques, American Express or Diners ClubSource 13 |
| Third parties | Deposits from another person’s bank or card account are not acceptedSource 13 |
| Charges | No broker credit-card charge; issuer may treat payment as a cash advanceSource 13 |
Pricing & charges16
Withdrawals: current bank-only policy
| Route | Broker charge | Published timing |
|---|---|---|
| UK bank, standard | Free | Next-day UK bank service, after processingSource 14 |
| UK bank, same day | £10 | Contact by 17:00 UK on request daySource 14 |
| International bank | £30 | Typically 1–3 working days; other bank fees may applySource 14 |
| SEPA | Free broker charge | Receiving/intermediary charges excludedSource 14 |
Reference table17
Withdrawal verification and available funds
| Requirement | Published position |
|---|---|
| Recipient | Verified bank account in the client’s name; GBP, EUR, USD and AED withdrawal currenciesSource 14 |
| Bank evidence | Recent statement may be required; non-EU evidence requires specified certificationSource 14 |
| Amount | No maximum if sufficient cleared funds remain; open-position obligations still matterSource 14 |
| Document route | [email protected] for requested withdrawal verification documentsSource 14 |
Protection & regulation
Sections ↑The contractual firm is Spread Co Limited in the United Kingdom. It publishes FCA reference 446677. A current firm-specific FCA status page was not recovered during this review, so the company statement remains distinct from independent live-register confirmation. Company incorporation, the FCA reference and FSCS eligibility are different checks.[27][29]
Protections & eligibility18
Retail protection framework
| Protection | Published scope | Limit |
|---|---|---|
| Client money | Held separately with NatWest; own corporate funds used for hedging | Segregation reduces commingling risk but is not a guarantee against every insolvency lossSource 21 |
| Negative balance | Automatic protection stated for retail CFD clients | Does not stop loss of the account balanceSource 18 |
| Compensation | FSCS investment limit up to £85,000 per eligible person per failed firm | Regulated activity and claim eligibility required; market losses are excludedSource 22 |
| FOS | Eligible unresolved complaints can be escalated after the firm’s process | Ombudsman jurisdiction and claimant eligibility applySource 23 |
Elective professional classification
Account comparison19
Eligibility: satisfy two of three tests
| Test | Published criterion |
|---|---|
| Trading record | Average 10 significant trades per quarter for the preceding four quarters; significant size £10,000 equities or £50,000 other marketsSource 19 |
| Portfolio | Cash deposits plus financial instruments at least €500,000Source 19 |
| Relevant work | At least one year in a financial-sector role requiring knowledge of the relevant derivativesSource 19 |
Protections & eligibility20
Professional consequences
| Area | Practical change |
|---|---|
| Leverage and liquidation | Lower margins increase exposure; mandatory retail leverage/50% close-out safeguards ceaseSource 19 |
| Deficits | Negative balance protection is not guaranteed; debts can be collectedSource 19 |
| Client money | If title-transfer collateral terms are agreed, transferred money can be unsegregated and the client a general creditorSource 19 |
| Eligibility evidence | Joint holders each qualify; a corporate application must rely on the company’s evidenceSource 19 |
| Reclassification | A client can request retail status; changes to eligibility must be reportedSource 19 |
| External complaints | Professional clients may lose entitlement to refer complaints to FOSSource 19 |
| Execution / margin information | Price and cost may not take priority; advance margin information can be reducedSource 19 |
Opening an account & support
Sections ↑Reference table21
Application and identity checks
| Step | What the public form asks for |
|---|---|
| Eligibility | Age over 18, nationality, residency and additional nationality; US residents/citizens excludedSource 24 |
| Identification | Identity and address details; address history where requestedSource 24 |
| Financial circumstances | Employment, income, savings/investments and source of trading fundsSource 24 |
| Experience / suitability | Trading experience and knowledge/risk questions; additional questions may followSource 24 |
Verified contact routes
Client servicesTelephone
Client services emailEmail
[email protected]Source 15
Scope Account support and complaints intake
Hours Monday–Friday 09:00–17:30 UK
Dealing deskTelephone
+441923832609Source 15
Scope Dealing and order support
Hours Sunday 22:00–Friday 22:00 UK; holiday changes apply
Dealing emailEmail
[email protected]Source 15
Scope Published dealing-desk contact
Hours Sunday 22:00–Friday 22:00 UK; holiday changes apply
Sales / relationship teamTelephone
+441923832659Source 15
Scope Opening-account and relationship enquiries
Hours Monday–Friday 09:00–17:00 UK
Sales emailEmail
Protections & eligibility22
Complaints procedure, May 2026 policy
| Stage | Published process |
|---|---|
| Submission | Provide account/contact details, the issue and requested resolution to Client ServicesSource 23 |
| Initial handling | Aim to resolve within three business days; otherwise written acknowledgement and compliance oversightSource 23 |
| Eight-week stage | Final response or explanation of delay within eight weeksSource 23 |
| External referral | Eligible clients may approach FOS after final response or eight weeks; normally within six months of final responseSource 23 |
Additional services
Sections ↑Reference table23
Support beyond the order ticket
| Service | Published offer | Scope |
|---|---|---|
| Relationship manager | Assigned without a stated account-size or activity requirement | Platform guidance, training and market informationSource 25 |
| Training resources | Walkthroughs and guides | Educational support does not make the account discretionary managementSource 25 |
| Accessibility / vulnerability | Communication tailored to individual circumstances | Support may recommend a temporary or permanent trading pauseSource 26 |
| External assistance | Links to debt, mental-health, disability and gambling-support organisations | A client-support route, not a trading-return serviceSource 26 |
Public platform pages support manual web/mobile trading and embedded charting. They did not establish a current retail MT4/MT5 account, public FIX/REST trading API, broker VPS allowance, copy-trading programme or published PAMM/MAM tariff. Those services should remain unconfirmed rather than being inferred from generic platform terminology. Professional or corporate arrangements require the firm’s actual agreement.[9][10]
Company background & evidence
Sections ↑Event timeline24
Company facts and document provenance
| Item | Established evidence |
|---|---|
| Business history | The company describes inception in 2006; this is a brand-history statementSource 27 |
| Registered company | Spread Co Limited, England and Wales number 05614477; registered office 22 Bruton Street, London W1J 6QESource 27 |
| Contractual documents | Current legal hub links account terms, fee schedules, execution, complaints and key information documentsSource 28 |
| Document ages | CFD terms September 2024; execution/fee lists April 2023; complaints policy May 2026Source 18Source 17Source 23 |
| Verification method | Public company and official scheme sources checked 11 October 2026; no funded-account testingSource 28 |
- Headquarters
- United Kingdom; registered office in London
- Founded
- 2006, according to the company’s account of its inception
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Spread Co Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Conduct Authority446677 | Not verified | Checked 11 Oct 2026Current company publications describe FCA authorisation. Firm-specific live register status and complete permission schedule were not independently recovered in this review.Source 27Source 18Source 29 |
Additional Information
Sections ↑Reference table25
Material points to establish for an individual account
| Point | Why it changes the result |
|---|---|
| Exact gold size and point value | Current landing-page minima differ from the detailed matrix; obtain the actual symbol specificationSource 11 |
| Contract type and session | Spread bet, cash CFD and dated futures have different units, costs and rollover treatmentSource 7 |
| Current regulator permission | Match Spread Co Limited and reference 446677 in the FCA record, including client-money permissionSource 29 |
| Personal compensation eligibility | FSCS depends on claimant, regulated activity and firm failure; it does not insure trading performanceSource 22 |
This profile keeps source disagreements visible where they affect the amount a client can trade or pay. Published prices are checked-date reference terms; the selected account’s dealing ticket, accepted contract and current funding instruction provide the operative conditions. No promised return, guaranteed withdrawal time or independently measured execution speed is inferred from the company’s marketing.[28][17]
Sources & further reading
- Account specifications Spread Co · Accessed 11 Oct 2026
- Spread betting market specifications, stake points and size tiers Spread Co · Accessed 11 Oct 2026
- CFD market specifications and charges Spread Co · Accessed 11 Oct 2026
- Costs of trading Spread Co · Accessed 11 Oct 2026
- Financing benchmarks and short-index treatment Spread Co · Accessed 11 Oct 2026
- Equity spread markup and no minimum commission Spread Co · Accessed 11 Oct 2026
- Spread betting fees list, revised 26 April 2023 Spread Co · Accessed 11 Oct 2026
- CFD fees list, revised 26 April 2023 Spread Co · Accessed 11 Oct 2026
- Saturn Trader web platform Spread Co · Accessed 11 Oct 2026
- Mobile platform features Spread Co · Accessed 11 Oct 2026
- Gold product page Spread Co · Accessed 11 Oct 2026
- Commodity product coverage Spread Co · Accessed 11 Oct 2026
- Deposits FAQ Spread Co · Accessed 11 Oct 2026
- Withdrawals FAQ: bank-only returns and fees Spread Co · Accessed 11 Oct 2026
- Client services, sales and dealing desk Spread Co · Accessed 11 Oct 2026
- Account management and order FAQ Spread Co · Accessed 11 Oct 2026
- Execution policy, revised 26 April 2023 Spread Co · Accessed 11 Oct 2026
- CFD terms of business, September 2024 Spread Co · Accessed 11 Oct 2026
- Professional client eligibility and protections relinquished Spread Co · Accessed 11 Oct 2026
- Professional account services Spread Co · Accessed 11 Oct 2026
- Segregated client money and hedging arrangements Spread Co · Accessed 11 Oct 2026
- FSCS investment protection and eligibility Financial Services Compensation Scheme · Accessed 11 Oct 2026
- Complaints policy, May 2026 Spread Co · Accessed 11 Oct 2026
- Public application: account currency, identity and appropriateness questions Spread Co · Accessed 11 Oct 2026
- Relationship management service Spread Co · Accessed 11 Oct 2026
- Support for vulnerable clients Spread Co · Accessed 11 Oct 2026
- Company background and identity Spread Co · Accessed 11 Oct 2026
- Current regulatory document hub Spread Co · Accessed 11 Oct 2026
- FCA register: current permissions must be checked for the exact firm Financial Conduct Authority · Accessed 11 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.