Company Summary
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MONEY SQUARE , Spreadco Broker Comparison
Do you want to know which is the better broker between MONEY SQUARE and Spreadco ?
In the table below, you can compare the features of MONEY SQUARE , Spreadco side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Benchmark
- Account Information
- Relevant exposure
- Rating
- Basic Information
- Benchmark
- Account Information
- Relevant exposure
2 brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official website
Basic Information
Established(years)
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed(ms)
The highest transaction speed(ms)
The highest speed of opening positions(ms)
The highest speed of closing position(ms)
Slowest transaction speed(ms)
The lowest speed of opening positions
(ms)
The lowest speed of closing position(ms)
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost (USD/Lot)
Rollover Cost
Rollover cost rating
- Average Rollover Cost (USD/Lot)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time(ms)
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Pin on the left
6.71
Regulated
No guarantee
--
10-15 years
FSA
Not supported
Not supported
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--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Pin on the left
7.09
Regulated
No guarantee
--
15-20 years
FCA
Not supported
Not supported
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--
--
--
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--
--
--
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CFD Account,Spread betting account
shares, commodities, forex, cryptocurrencies
--
--
--
--
--
--
--
Score
Regulatory Status
Regulated
Regulated
BrokerRelevant information
Spreadco BrokerRelevant exposure
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of money-square, spreadco lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
money-square
| MONEY SQUARE Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:25 |
| Spread | From 0.1 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | 0 |
| Customer Support | Tel: +81 03-3470-5050 |
| X, YouTube, LINE, Instagram | |
MONEY SQUARE Information
Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.
Pros and Cons
| Pros | Cons |
| FSA-regulated with long establishment | Limited trading products |
| Demo accounts | No MT4/MT5 platform |
| No minimum deposit | Limited payment options |
| Only accept Japanese Yen for deposits and withdrawals |
Is MONEY SQUARE Legit?
Yes. ATFX is regulated by Financial Services Agency (FSA).
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Services Agency (FSA) | Regulated | 株式会社マネースクエア | Retail Forex License | 関東財務局長（金商）第2797号 |
What Can I Trade on MONEY SQUARE?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
MONEY SQUARE Fees
MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.
No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Windows, Mac, iPhone, Android | / |
| MT4 | ❌ | Beginners | |
| MT5 | ❌ | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.
spreadco
| Registered Country/Region | United Kingdom |
| Regulation | FCA |
| Minimum Deposit | $200 |
| Maximum Leverage | 1:30 |
| Minimum Spreads | 0.8 pips on the EUR/USD pair |
| Trading Platform | Web Platform, Mobile Apps |
| Demo Account | Yes |
| Trading Assets | Forex, Equities, Commodities, ETFs, Indices |
| Payment Methods | Bank wire transferDebit and credit cardSkrill |
| Customer Support | 5/24, Email, Phone |
General Information & Regulation
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
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.
Account Types
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.
Demo Account
Spread Co does offer a demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Spread Co demo account does not have a specific expiry date. Some features of the Spread Co demo accounts include the following:
Practice trading with £25,000 virtual funds
Develope you strategies with no risk
Learn how risk management tools work
Leverage
Leverage level offered by Spread Co do depends on the regulatory requirement you trading with and the brokerage operates. This applies due to various safety measures applied to eliminate the risks involved while trading, specially for retail traders.
With Spread Co, LverageTrading leverage vary by different instruments:
1:30 for Forex currency pairs,
1:10 for commodities
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.
There are no other fee indicated for Spread Co, but traders are advised to verified fees pertainning to the following：
Account maintenance and management
Inactivity fees and Conversion fees
Trading Platforms
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.
Spread Co suppports the following deposit currencies when deposits and withdrawals are made to end from the trading account: GBP, USD, EUR.
Customer Support
Customer services are available in several options: email, whatapp, Live chat, and telephone.
Here are some contact details:
Telephone: 0800 078 9398
Email: info@spreadco.com
Or you can also follow this broker on some social media platforms, such as Facebook, Twitter, and Youtube.
Educational Resources
Spread Co provides clients support through relationship managers that provide assistance as well as providing eucation. The broker provides educational library with multiple guides and video updates along with the market overview, platform, news and economic calendars.
Pros & Cons
| Pros | Cons |
| FCA-regulated | Additional non-trading fees |
| Competitive trading conditions | Limited product portfolios |
| 7/24 customer support | No Ilslamic account provided |
| Demo accounts available | Withdrawal fees are charged |
| No deposit fees | Conservative leverage |
| Commission-free CFD trading |
Frequently Asked Questions
Is Spread Co legal ？
Yes, Spread Co is a legal broker that adheres to rules and regulations stipulated by the FCA.
Does Spread Co offer a demo account？
Yes, Spread Co does offer a demo account that is valid for 2 weeks.
What is the maximum trading leverage offered by Spread Co？
The maximum trading leverage offered by Spread Co is up to 1:30.
What are the deposit and withdrawal methods supported by Spread Co ？
Payment methods supported by Spread Co include Bank Wire Transfer, Credit/Debit Cards, Skrill.
What is the overall rating for Spread Co ？
The overall rating for Spread Co is 7.06/10 based on its License Index, Business Index, Risk Management Index, Software Index and Regulatory Index.
Are the transaction costs and expenses of money-square, spreadco lower?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive money-square and spreadco are, we first considered common fees for standard accounts. On money-square, the average spread for the EUR/USD currency pair is -- pips, while on spreadco the spread is --.
Which broker between money-square, spreadco is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
money-square is regulated by FSA. spreadco is regulated by FCA.
Which broker between money-square, spreadco provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
money-square provides trading platform including -- and trading variety including --. spreadco provides trading platform including CFD Account,Spread betting account and trading variety including shares, commodities, forex, cryptocurrencies.