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

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.

Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.

Pros and Cons

Is Central Tanshi Legit?

Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.

In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.

In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.

Regulated Country	Current Status	Regulated Authority	Regulated Entity	License Type	License Number
	Regulated	Japan Financial Services Agency (FCA)	セントラル FX Co., Ltd.	Retail Forex License	Kanto Finance Director (Financial Business) No. 278

What Can I Trade on Central Tanshi?

Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...

How to Open an Account?

You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.

1. Step 1: Enter your email address.
2. Step 2: Enter the verification code sent to the email address you provided.
3. Step 3: Fill in your personal information.
4. Step 4: Verify your identity using your smartphone. First, take a photo of your ID. Second, take aphoto of your face.
5. Step 5: Once the review is complete, a notification of account opening completion, along with your user ID and password, will be sent to your registered email address.
6. Step 6: Log in to your My Page and change your password for security reasons.
7. Step 7: Register your My Number on your My Page.
8. Step 8: Register your withdrawal bank account details on your My Page.

Leverage

The leverage offered by Central Tanshi differs between individual and corporate customers.

For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.

On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.

Spread

The spreads offered by Central Tanshi also vary depending on the type of currency pair.

During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.

Other Fees

Central Tanshi does not charge any account maintenance fees or transaction fees.

However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.

Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.

Trading Platform

Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.

The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.

Deposit and Withdrawal

Payment Methods

Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.

Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.

Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.

Fees

Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.

Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.

Additionally, withdrawal fees differ based on the banking institution.

Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.

For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.