Updated September 29, 2026 · BrokerCue Editorial Team
Bitpanda vs Spreadex
What sets them apart
| Compare |  Bitpanda |  Spreadex |
|---|---|---|
| Minimum deposit | €1 | £0 |
| Stock trade fee | €1 | £0 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, Forex, CFDs, Options, Spread betting |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | Financial Conduct Authority (FCA), UK Gambling Commission |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Deposit and withdrawal fees | Free deposits | Free deposits and withdrawals |
| Inactivity fee | Not confirmed | $0 |
| Retail accounts that lose money | Not confirmed | 61% |
| EUR/USD spread | Not confirmed | 0.6% |
| Platforms | Not confirmed | Web, Mobile |
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Key differences
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only Spreadex offers Financial Conduct Authority (FCA), UK Gambling Commission.
- Bitpanda is licensed in 2 more countries.
- Markets: only Bitpanda offers ETFs, Crypto, Metals.
- Markets: only Spreadex offers Forex, CFDs, Options.
- Support channels: only Spreadex offers Phone.
- Features: only Bitpanda offers Crypto, Fractional shares, Demo account.
Our verdict on each
Bitpanda
Bitpanda suits retail investors in Europe who want one app for shares, ETFs, crypto and metals, starting from a minimum deposit of €1. Regulated in Austria, Germany and Malta, it charges €1 for a stock trade, a per-trade cost active traders will notice.
Spreadex
Spreadex suits UK traders who want to deal shares without a trade commission, with the same account carrying forex, CFDs, options and spread betting. Regulated in the UK with FSCS investor protection, it ranks 1 of 161 brands on stock trade fees, which sit at £0.
Score breakdown
| Area | Bitpanda | Spreadex |
|---|---|---|
| Cost | 8.9A minimum deposit of €1 and stock trade fees of €1, with free deposits, sit well against the site medians. | 9.4HigherThe minimum deposit is £0, inactivity is $0 and the EUR/USD spread is 0.6%. |
| Offer | 8.7 | 9.1Higher |
| Trust | 10.0Higher | 9.4 |
Which one suits you
Pick Bitpanda if trust matter most.
Pick Spreadex if cost and offer matter most.
How they place
| Ranking | Bitpanda | Spreadex |
|---|---|---|
| Stock and ETF brokers | 11 of 471 | 82 of 471 |
Every fact side by side
| Fact | Bitpanda | Spreadex |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo accountCovers more | Mobile app |
| Pricing model | Not confirmed | Commission free, Low fees |
| Legal entity | Bitpanda GmbH | Spreadex Limited |
| Headquarters | Austria | United Kingdom |
| Founded | Not confirmed | 1999 |
| Support channels | Help centre | Phone, Help centreCovers more |
Where each stands against the rest
| Fact | Bitpanda | Spreadex | Median |
|---|---|---|---|
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Retail accounts that lose money | Not confirmed | 61%lowest quarter | 72.05% |
| EUR/USD spread | Not confirmed | 0.6%below the median | 0.65% |
Median across 47 listed brokers.
Pros and cons
Bitpanda
Pros
- The minimum deposit is €1, low against the site median of €4.64
- A stock trade costs €1 and deposits are free
- Regulated by the FMA, BaFin and the MFSA, with investor protection stated as EU ICS up to EUR 20,000
Cons
- Stock trade fees of €1 are higher than a commission-free model, where eToro charges $0
- Support runs on help centre only
- A flat stock trade fee of €1 does not suit frequent small trades
Spreadex
Pros
- Shares cost £0 to buy and sell, and the pricing model is commission free and low fees.
- A single account covers stocks, forex and cfds, so shares, forex, CFDs, options and spread betting sit side by side.
- Trading runs on Web and Mobile platforms, and a mobile app is part of the feature set.
Cons
- Support runs on phone and help centre only, with no live chat or email listed.
- The risk warning puts 61% of retail accounts losing money.
- The market list runs stocks, forex and cfds, with no crypto, funds or bond offering.
Who each suits
Bitpanda
Who it suits
- Beginners building a first portfolio in euro amounts
- Investors who want shares and crypto in one app
- Retail investors who value a low deposit of €1
Who should look elsewhere
- Active traders, since eToro charges $0 on a stock trade
- Anyone wanting phone or live chat help, as support runs on help centre
- Anyone wanting to start without funding, since CFI asks for a minimum deposit of $0 against €1 here
Spreadex
Who it suits
- UK residents who want to deal shares without a per-trade commission.
- Traders who want forex, CFDs, options and spread betting in the same account.
- Anyone who values a long operating history: Spreadex has run from the UK since 1999.
Who should look elsewhere
- Vantage, for anyone who prefers a stated minimum deposit of $5 to a free entry.
- CFI, whose minimum deposit is quoted in dollars at $0.
- Anyone who wants live chat or email support, because Spreadex lists phone and help centre only.
Country by country
| Country | Bitpanda | Spreadex |
|---|---|---|
| United Kingdom | No | Yes |
Questions about each
Bitpanda
What is the minimum deposit at Bitpanda?+
The minimum deposit is €1, below the site median of €4.64, and Bitpanda ranks at 75 of 213 brands on that measure. Money can also be added at no charge, since deposits are free.
How much does it cost to trade shares?+
A stock trade costs €1. That sits above a commission-free model, where eToro charges $0, and Bitpanda ranks at 116 of 161 brands on stock trade fees, so the cost per order is the figure to weigh.
Spreadex
What does it cost to deal shares on Spreadex?+
Stock trades are £0, and the pricing model is listed as commission free and low fees. Spreadex ranks 1 of 161 brands on stock trade fees, so share dealing sits at the cheaper end of what brokers charge.
Is there a minimum deposit at Spreadex?+
The minimum deposit is £0, so an account can be opened and funded with a small balance. Spreadex ranks 1 of 213 brands on minimum deposit, worth weighing against brokers that ask for a starter amount.
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