Updated September 29, 2026 · BrokerCue Editorial Team
Errante vs Spreadex
What sets them apart
| Compare |  Errante |  Spreadex |
|---|---|---|
| Minimum deposit | $50 | £0 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Metals | Stocks, Forex, CFDs, Options, Spread betting |
| Regulators | CySEC, FSA (Seychelles) | Financial Conduct Authority (FCA), UK Gambling Commission |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Retail accounts that lose money | 40.3% | 61% |
| Platforms | MetaTrader 5, TradingView | Web, Mobile |
| Stock trade fee | Not confirmed | £0 |
| Inactivity fee | Not confirmed | $0 |
| EUR/USD spread | Not confirmed | 0.6% |
| Deposit and withdrawal fees | Not confirmed | Free deposits and withdrawals |
| Maximum retail leverage | 1:1000 | Not confirmed |
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Key differences
- Spreadex scores higher overall: 9.3 vs 9.2.
- Regulators: only Errante offers CySEC, FSA (Seychelles).
- Regulators: only Spreadex offers Financial Conduct Authority (FCA), UK Gambling Commission.
- Errante is licensed in 1 more country.
- Markets: only Errante offers ETFs, Crypto, Metals.
- Markets: only Spreadex offers Options, Spread betting.
- Platforms: only Errante offers MetaTrader 5, TradingView.
- Platforms: only Spreadex offers Web, Mobile.
- Features: only Errante offers Copy trading.
Our verdict on each
Errante
Errante suits active traders who want one account spanning equities, currency, contracts for difference, crypto and metals, and who can work with leverage of 1:1000. EU clients sit under CySEC, and the retail loss share of 40.3% runs below the field, though the starting balance is higher than the cheapest accounts around.
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 | Errante | Spreadex |
|---|---|---|
| Cost | 8.7Opening balance of $50 compares with $0 at CFI and $5 at Vantage. | 9.4HigherThe minimum deposit is £0, inactivity is $0 and the EUR/USD spread is 0.6%. |
| Offer | 9.2Higher | 9.1 |
| Trust | 9.5Higher | 9.4 |
How they place
| Ranking | Errante | Spreadex |
|---|---|---|
| Stock and ETF brokers | 95 of 471 | 82 of 471 |
| Forex brokers | 42 of 147 | 34 of 147 |
| Low-spread forex brokers | 40 of 145 | 32 of 145 |
| CFD brokers | 33 of 122 | 26 of 122 |
Licences and countries
| Country | Errante | Spreadex |
|---|---|---|
| Cyprus | Not confirmed | |
| Seychelles | Not confirmed | |
| United Kingdom | Not confirmed |
Every fact side by side
| Fact | Errante | Spreadex |
|---|---|---|
| Features | Copy trading, Mobile appCovers more | Mobile app |
| Pricing model | Not confirmed | Commission free, Low fees |
| Legal entity | Not confirmed | Spreadex Limited |
| Headquarters | Not confirmed | United Kingdom |
| Founded | Not confirmed | 1999 |
| Support channels | Not confirmed | Phone, Help centre |
Where each stands against the rest
| Fact | Errante | Spreadex | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | £0at the median | £0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Retail accounts that lose money | 40.3%lowest quarter | 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
Errante
Pros
- One account covers stocks, etfs and forex, so there is no need to hold positions across separate brokers.
- Protection is listed as EU ICS up to EUR 20,000 for clients of the CySEC entity, which is the EU regulated side.
- Copy trading and a mobile app both sit in copy trading and mobile app, so the phone works as a full route to the account.
Cons
- The opening balance of $50 sits well above $0 at CFI and $5 at Vantage, so small accounts start in the wrong place.
- Leverage of 1:1000 is high for a retail account and it cuts both ways on a losing position.
- Retail accounts here lose money at a rate of 40.3%, below the 70.15% across the field but a real part of the account base.
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
Errante
Who it suits
- Active retail traders who keep positions in several asset classes and prefer one account and one platform set
- EU clients who want a CySEC licence and EU ICS up to EUR 20,000 rather than an offshore only setup
- Copy trading users who want charts, orders and the mobile app in one place, with MetaTrader 5 and TradingView behind the account
Who should look elsewhere
- Anyone starting with a small balance, since CFI opens at $0 and Vantage at $5 against Errante's $50
- Traders who want futures in the same account, since eToro covers stocks, etfs and forex and Errante's list does not carry them
- Traders who want a low leverage ceiling, because 1:1000 leaves the sizing decisions entirely with the client
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 | Errante | Spreadex |
|---|---|---|
| United Kingdom | No | Yes |
Questions about each
Errante
What is the minimum deposit at Errante?+
The minimum deposit is $50. That is a real starting point for an account rather than a token amount, and it sits well above the free entry at CFI, $0, and above Vantage at $5. Anyone funding with a small sum should check whether the broker's own minimum leaves enough room to trade with leverage.
Which regulators licence Errante?+
Errante lists CySEC and FSA (Seychelles). The CySEC licence covers the EU entity and the Seychelles FSA licence covers the offshore entity, so a client should confirm which of the two the account sits with before funding. Both licences sit in different countries, which makes that check worth doing.
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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