Rajesh  Sharma

Reviewer:

Rajesh Sharma
Arjun  Mandal

Fact checker:

Arjun Mandal
Modified:

Spreadex Broker Review 2025

Spreadex Broker Review 2025
Company:Spreadex
Founded:1999
Min Deposit:$1
Max Leverage:30
Headquarter:

Hertford, United Kingdom

US Accepted:
CFDs Affiliate Spread Betting Options Trading

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
Spreadex is a UK-based broker providing access to Options, Spread Betting, and CFD contracts with leverage options of up to 1:30. The broker was chosen as the “Best Spread Betting Provider” at the Money AM and Good Money Guide Awards. It offers various promotions, including TradingView Premium and Financial Times subscription.
Contact
Spreadex Ltd. Churchill House Upper Marlborough Road St Albans Hertfordshire AL1 3UU
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Offers popular TradingView platform
Better-than-average spreads
No inactivity fees
Customizable execution settings
Cons
MetaTrader platform not supported
No demo account available
Lack of 24/7 support
score of blog
5 From 5.0
(2)
Rate this post
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Spreadex is a multi-award-winning broker known for its dual focus on financial trading and sports betting. The Forex broker offers a diverse range of services, including financial spread betting, CFD trading, and many more.

The firm has been recognized for its outstanding customer service and mobile trading platforms, securing honors such as Best Spread Betting Provider (COLWMA 2020) and Best Mobile Trading Platform (ADVFN 2020), among others.

Spreadex; Company Introduction and Licenses

Spreadex
Spreadex was titled the “Best Spread Betting Provider” at the Money AM and Good Money Guide Awards

Spreadex, founded on 25 February 1999 by former City dealer Jonathan Hufford, has grown from a modest startup to one of the UK's leading financial services providers. The company’s net worth was reported at £111.5M in 2023, according to Company Check.

Spreadex provides access to thousands of instruments globally, available via dedicated apps for iPhone, iPad, and Android. Its offerings also extend to advanced market analysis, making it suitable for both retail and professional traders.

As you know, regulation and licensing are crucial aspects of any reputable broker. Spreadex operates under the watchful eye of the Financial Conduct Authority (FCA) in the UK.

Its FCA registration number is 190941, confirming its adherence to regulatory standards concerning client fund protection, operational transparency, and risk disclosure.

Spreadex Broker Table of Specifications

The company has been recognized by the Financial Times as one of the top 1000 fastest-growing companies in Europe, a testament to the Forex broker's continued success and excellent features, including:

Broker

Spreadex

Account Types

Live

Regulating Authorities

FCA

Based Currencies

GBP, USD, EUR

Minimum Deposit

Unlimited

Deposit Methods

Credit/Debit Cards, Bank Transfer, Cheque, Apple Pay, Google Pay

Withdrawal Methods

Credit/Debit Cards, Bank Transfer, Cheque, Apple Pay, Google Pay

Minimum Order

0.01 lots

Maximum Leverage

1:30

Investment Options

None

Trading Platforms & Apps

Proprietary Platform, TradingView

Markets

Indices, Shares, FX, ETFs, Bonds, Interest Rates, Commodities, Crypto

Spread

Starting from 0.60 pips on major forex pairs

Commission

0.1% for share CFDs

Orders Execution

Market, Trailing Stop, Instant, Force Open, Guaranteed Stops

Margin Call / Stop Out

100% / 50%

Trading Features

Spread Betting, Options Trading, CFDs

Affiliate Program

Yes

Bonus & Promotions

FT Subscription, TradingView Premium, Referral

Islamic Account

No

PAMM Account

Yes

Customer Support Ways

Email, Live Chat, Phone

Customer Support Hours

24/4

Friday 00:00 - 21:15

Sunday 21:00 - 00:00

Saturday Closed

Spreadex Account Types

Unlike many brokers that offer multiple account tiers, Spreadex keeps things simple with a single live account type for its financial trading services. This approach aligns with the company's ethos of making trading accessible to all. Key features of SpreadEX Live account:

  • No minimum deposit requirement
  • Access to 3000+ financial instruments
  • Competitive spreads starting from 0.60 pips on major forex pairs
  • Leverage up to 1:30 for retail clients (higher for professional clients, subject to eligibility)
  • No commissions on most trades (spread betting)
  • Advanced charting tools and market analysis
  • Mobile trading apps for iOS and Android

It's worth noting that while Spreadex doesn't offer traditional demo accounts, they do provide a "Try for Free" option on their sports spread betting platform, allowing new users to get a feel for how spread betting works without risking real money.

Spreadex Pros & Cons

The broker does not currently support demo accounts or copy trading features, which can be a letdown for potential clients.

Why Spreadex? (Pros & Cons)
Spreadex is an award-winning broker as the best customer service provider

To help you make an informed decision, let's break down the main advantages and disadvantages of using Spreadex as your broker.

Pros

Cons

Offers popular TradingView platform

MetaTrader platform not supported

Better-than-average spreads

No demo account available

No inactivity fees

Limited educational resources compared to some competitors

Customizable execution settings

Lack of 24/7 support

Regulated by FCA

-

Unique spread betting offerings

-

Spreadex Broker Account Opening and Verification

Opening a trading account with Spreadex, whether for CFD or Spread Betting, is a structured process that prioritizes both compliance and account security.

Traders must submit detailed personal, employment, and financial experience data to access Spreadex's trading features. Here's a step-by-step guide to Spreadex registration:

#1 Visit the Spreadex Website

Navigate to the broker's official website and click “Create an Account” under the Financial Trading section on the home page.

#2 Enter Personal Details

Provide your personal information, including:

  • Title
  • First and last name
  • Email
  • Username
  • Account password
  • Country of residence
  • Nationality
SpreadEX Registration
Provide your email address and set a username to sign up for a Spreadex account

Select between CFD or Spread Betting account types. Agree to the terms and conditions to continue.

#3 Add Contact Information

Fill out the contact form with the following details:

  • Date of birth
  • Mobile number
  • Residential address

#4 Fill out the Employment and Trading Experience Forms

State the following parameters:

  • Employment status
  • Job title
  • Company name
  • Professional ID number
  • Trading experience
SpreadEX Account Opening
You'll be asked to provide your national identification number during the Spreadex registration process; however, you may skip it

#5 Finalize Security Settings

Select your account's settings, including:

  • Base currency
  • Security question (to protect your login credentials)

#6 Complete the Verification Process

The broker is required to verify your identity and address as part of anti-money laundering (AML) regulations. Required documents for Spreadex KYC:

  • A copy of a government-issued ID (passport, driver's license)
  • Proof of address (recent utility bill or bank statement)

Spreadex Trading Platforms [proprietary platform]

Spreadex supports trading across web and mobile platforms, through its proprietary dedicated apps for iPhone, iPad, and Android, as well as the robust TradingView platform.

The proprietary applications feature advanced charting, price alerts, one-click order execution, and robust security protocols like SSL encryption and Touch ID login.

The interface is user-friendly, and performance has earned it multiple awards for mobile functionality.

Spreadex Trading

TradingView

Spreadex has developed various advanced TradingView indicators that you can use for free.

Spreadex Commission and Spread

Understanding the cost structure is crucial when choosing a broker. Spreadex offers a competitive fee structure, but it's important to note that the costs can vary depending on the type of trading you're engaged in (spread betting vs. CFD trading) and the specific markets you're trading.

Spread Betting

  • No commission is charged;
  • Costs are built into the spread;
  • Spreads start from 0.60 pips on major forex pairs;
  • Profits are tax-free for UK residents (subject to current tax laws).

CFD Trading

  • Commission charges apply for share CFDs;
  • Typical commission is 0.1% of the trade value (minimum £10);
  • Spreads are generally tighter than spread betting.

Spreadex follows a transparent pricing structure with no deposit, inactivity, or sign-up fees.

Rollover fees and margin interest are asset-specific and disclosed in the broker's tiered NTR system, accessible via their official website.

Spreadex Broker Payment Methods

The company offers a variety of payment methods to cater to different user preferences and needs.

  • Credit/Debit Cards: Visa, MasterCard, Maestro
  • Bank Transfer: Available for deposits and withdrawals
  • Apple Pay: Instant transactions
  • Google Pay: Similar to Apple Pay, but for Android users
  • Cheques: Accepted for deposits with longer processing time (5-7 business days)
Spreadex Payment Methods
The minimum withdrawal on Spreadex is £50 of cleared funds not being used as margin

Withdrawals are generally processed using the same method used for deposits. While there are no charges on deposits, Credit/Debit Card transactions under €50 will be subjected to a £1 commission.

Spreadex Copy Trading and Growth Plans?

It's important to note that the broker does not offer a copy trading software for crypto or other markets. This absence is a significant consideration for traders who rely on or enjoy these services.

However, the integration with TradingView enables you to exploit the benefits of a rich trading community with over 50M users and start social trading.

Spreadex Financial Instruments

The wide range of over 3,000 trading instruments is one of the most significant upsides in this Spreadex review. The broker offers a wide array of financial instruments, including the Forex market, commodities, ETFs, and Crypto assets.

  • Shares: CFDs on thousands of global stocks
  • Indices: Major world indices with spreads from 0.6 pips
  • Forex: Currency pairs with competitive spreads 24 hours a day
  • Commodities: Gold, oil, and other popular commodities
  • Cryptocurrencies: Major digital currencies
  • Bonds: Treasuries like UK Long Gilt or US T-Bond, or interest rates such as Short Sterling or Eurodollar
  • ETFs: Popular indices as a bundle

Spreadex Broker Promotion and Bonus Plans

The company understands the importance of incentivizing both new and existing customers. Here are some of their standout promotions.

  • Financial Times: Deposit £500 in your new account and receive a 6-month gift subscription;
  • TradingView Premium: Open an account with an initial balance of £500 and get a premium account for 3 months;
  • Affiliate: Various payment schemes, including CPAs, are available;
  • Referral: Earn £500 for each qualified referred client.

How to Reach Spreadex Customer Support

The company prides itself on providing excellent customer support through various channels. Traders can reach customer service via email or telephone, with a guaranteed response time of under 24 hours.

However, there’s a downside to it. Support is not available 24/7. The team assists you 24 hours a day, Monday to Thursday (Friday 00:00 - 21:15, Sunday 21:00 - 00:00, and Saturday Closed).

Email

fins@spreadex.com

Phone

+44 1727 895 151

Live Chat

Quick responses during business hours

Spreadex Broker Restricted Countries

The company offers its financial markets services globally, and there are almost no restrictions for any specific regions. However, if your country of residence prohibits these types of services, the responsibility is yours.

Spreadex User Satisfaction and Trust Scores

Spreadex Trust Score on TrustPilot
Spreadex has received only five negative reviews on TrustPilot and has replied to 4 of them within a month

One of the most important topics in this Spreadex review is user satisfaction. The broker, with over two decades of experience, has garnered impressive user satisfaction ratings.

Spreadex TrustPilot

4.5 out of 5 based on 112 comments

Reviews.io

3.1 out of 5 based on 15 reviews

Spreadex Broker Education Hub

The company is committed to trader education, offering a robust “Education Hub” which covers various topics, from trading strategies to technical analysis.

  • Introduction to financial markets
  • Spread Betting and CFD Trading
  • Trading with Spreadex
  • Trading strategies
  • Chart analysis
  • Economic calendars and weekly market updates
  • Technical analysis via chart patterns and candlestick signals
  • A regularly updated trading blog

Educational support includes beginner-focused guides such as “What Is CFD Trading?” and “How to Place a Spread Bet”, though it may not suffice for complete novices.

You can check TradingFinder's Forex education section for additional resources.

Spreadex vs Other Brokers

The table below compares Spreadex features and services with other Forex brokers:

Parameter

Spreadex Broker

Exness BrokerHFM BrokerFxPro Broker

Regulation

FCA

FSA, CySEC, FCA, FSCA, CBCS, FSC, CMACySEC, DFSA, FCA, FSCA, FSAFCA, FSCA, CySEC, SCB

Minimum Spread

From 0.6 pipsFrom 0.0 PipsFrom 0.0 PipsFrom 0.0 Pips

Commission

From $0.0From $0.2 to USD 3.5From $0From $0

Minimum Deposit

N/A

$10From $0$100

Maximum Leverage

1:30

Unlimited1:20001:500

Trading Platforms

SpreadEX App, TradingView

Exness Trade (mobile), Exness Terminal (web), MT4, MT5MT4, MT5, Mobile AppMT4, MT5, cTrader, Web Trader, Mobile App

Account Types

Live Standard, Standard Cent, Pro, Raw Spread, ZeroCent, Zero, Pro, PremiumStandard, Pro, Raw+, Elite

Islamic Account

NoYesYesYes

Number of Tradable Assets

3,000+

200+1,000+2100+

Trade Execution

Market, Instant

Market, InstantMarket, Buy Stop, Stop Loss, Limit, Take ProfitMarket, Pending

Conclusion and Final Words

Spreadex provides access to 3000+ instruments across 8 asset classes, including Forex, ETFs, and Crypto. CFD trading comes with a commission of 0.1% with minimum amount set to £10.

FAQs

Is Spreadex regulated?

The broker is regulated by the UK FCA.

Can I trade cryptocurrencies?

Yes, the company offers cryptocurrency trading.

Does Spreadex offer a demo account?

No, there is no dedicated demo account.

What is the minimum deposit?

There are no requirements for minimum deposits.

What is Spreadex and what services does it offer?

Spreadex is a UK-based broker offering financial spread betting, CFD trading, and access to 3,000+ global instruments. It uniquely combines financial trading with sports betting via proprietary and TradingView platforms.

What trading platforms are available?

Spreadex offers its own proprietary platform across web and mobile devices, plus integration with Trading View for advanced charting and analytics. MetaTrader platforms are not supported.

What financial instruments can I trade?

Spreadex provides access to Forex, Shares, Indices, Commodities, Bonds, Interest Rates, ETFs, and Cryptocurrencies, allowing users to diversify across 8 asset classes.

What are the spread and commission fees?

Spreads start from 0.60 pips on major forex pairs. Spread betting is commission-free, while CFD trading on shares incurs a 0.1% commission (minimum £10). No deposit or inactivity fees are charged.

Is copy trading or social trading supported?

No, Spreadex does not support copy trading or signal-based platforms. However, TradingView integration allows users to follow ideas and analysis shared by other traders.

How do I open an account with Spreadex?

Account creation involves submitting personal details, employment info, and trading experience, followed by ID and address verification. The process is designed to meet FCA compliance requirements.

What are the accepted payment and withdrawal methods?

Spreadex supports credit/debit cards, bank transfer, Apple Pay, Google Pay, and even cheques. Withdrawals use the same method as deposits, with no fees above £50.

What is the maximum leverage offered?

Spreadex provides leverage up to 1:30 for retail clients, in line with FCA restrictions. Professional traders may access higher leverage upon eligibility verification.

Are there any promotions or bonuses available?

Yes, Spreadex offers promotions like FT subscriptions, TradingView Premium access, and referral bonuses of up to £500 per client, depending on deposit thresholds.

What types of orders can I place ?

Spreadex supports multiple execution types, including Market Orders, Instant Orders, Trailing Stops, Force Open, and Guaranteed Stop Losses, offering flexibility across trading scenarios.

How is the customer support?

Spreadex offers 24/4 support via email, phone, and live chat. Response time is typically under 24 hours, although support is unavailable on Saturdays and outside trading hours on Fridays/Sundays.

Does Spreadex provide educational content?

Yes, the Education Hub includes beginner-friendly content on CFDs, spread betting, strategies, and technical analysis, along with weekly market updates and blogs. However, resources are limited compared to top-tier competitors.

What do traders say about Spreadex?

Spreadex has a TrustPilot rating of 4.5/5 based on over 110 reviews, with consistently positive feedback. It has also earned multiple awards for customer service and mobile platform performance.

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