SpreadCo Account Types

SpreadCo offers two primary account types for traders: the CFD Account and the Spread Betting Account. Both accounts require a minimum deposit of $200 USD or £200 GBP to open.

1. CFD Account

• Markets Available: Trade a wide range of markets including shares, commodities, and forex.
• Fees: No commissions on trades; equities charges start as low as 0.05% for FTSE 100 equities.
• Financing: 0% financing on short index positions.
• Platform: Access to superior web and mobile platforms, allowing individual position management.
• Minimum Stake: From just £1.

2. Spread Betting Account

• Markets Available: Access to over 1000 markets including indices, FX, commodities, and equities.
• Spreads: Starting from 0.6 pips.
• Tax Benefits: Profits are tax-free.
• Financing: 0% financing on short index positions.
• Minimum Stake: From just £1; retail margins from 3.33% on all major FX and 5% on indices.

Additionally, both accounts allow access to mini markets, enabling trades from just 10p per point.

SpreadCo Broker Account Opening Process

Opening an account with SpreadCo is a straightforward process that can be completed in a few simple steps:

• Complete the Online Form: Fill out the application form available on the SpreadCo website.
• Verification: SpreadCo will check and verify your application, which typically takes up to 24 hours.
• Account Confirmation: You will receive an email with your account details once your application is approved.

Required Documentation

To verify your identity, you may need to provide:

• Proof of Identity: Valid passport, national identity card, or photo driving license.
• Proof of Address: Recent utility bill, bank statement, or government agency letter.

For non-UK residents, additional documentation may be required.

For more details or assistance, you can contact SpreadCo's client services team at +44 (0) 1923 832 682 or via email at cs@spreadco.com.