According to SpreadCo.com Website:
Spread Co (SpreadCo.com) is authorized and regulated by The Financial Services Authority (FSA). Spread Co is required to hold your money in segregated accounts in accordance with the regulations of FSA, but this may not afford complete protection.
Traders can open Individual account or corporate account. For both one needs to submit identity proof and address proof based on which status of trader is verified and trading facilities are offered to them.
The minimum initial deposit for CFDs and FX is GBP 500, EUR 750 or USD 1000. And the minimum initial deposit for spread trading is GBP100, or currency equivalent. Funds can be transferred using Debit/credit Card, Bank wire transfer, and check. Investors are allowed to remit funds in US Dollars, Sterling or Euros.
SpreadCo.com’s in-house trading platform is known as Saturn TRADER which is designed in two different formats. One is a web-based version and the other is a downloadable version. Registered traders are not required to pay to use the trading platform.
SpreadCo.com is regulated by the UK Financial Services Authority. Retail trader’s funds are safe and are held in a segregated investor money trust account at an approved bank in the EEA as per FSA rules.
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