Spreadex Review 2025

Pros

• The broker provides a user-friendly, self-developed charting platform and mobile application for trading.
• New account promotions, such as improved odds and matched betting offers, are available.
• A unique brokerage that offers trading opportunities in lower market capitalization stocks listed on the AIM.
• Spreadex allows US traders to earn tax-free earnings from spread betting.
• The platform offers numerous trading signals, analytical tools, and risk management features, like guaranteed stops.

Cons

• Limited customer service can cause delays in problem-solving.
• Third-party digital wallets are not accepted for transactions.
• Potential clients may be disappointed by the absence of a demo account to try out Spreadex's trading services.
• The platform does not support advanced advisors or other trading software.
• The proprietary terminal doesn't have the extensive charting features found in platforms such as MT4 and MT5.

Spreadex Ltd offers trading in forex, CFDs, and spread betting. No matter your interest, sports or financials, you’ll enjoy a top-notch trading platform and excellent customer service. This review covers Spreadex’s strengths and weaknesses, including live accounts and mobile apps.

Spreadex Headlines

Spreadex began its trading and gambling journey in 1999, with its office initially in Dunstable and later moved to St Albans in 2008.

In 2006, Spreadex launched its online spread betting, followed by a financial trading platform. By 2010, they introduced a fixed-odds sports betting service offering fractional and decimal formats.

The company expanded in 2011 with a digital casino, offering slots, roulette, and blackjack. The ‘Speed Markets,’ launched in 2013, allowed fixed-risk bets on financial markets.

Spreadex reported over £49 million turnover, delighting investors with healthy dividends. Their leaders focus on both online and offline success, evident from their fixed odds spread betting pitch at Kempton Park Racecourse.

The traders at Spreadex also prioritize sponsorships. They partner with Burnley FC, and charities like the Armed Forces, Responsible Gambling Trust, and Cancer Research, showing commitment to ethical values.

Trading Platform

Spreadex offers a user-friendly trading platform available for download or through a web browser. Upon logging in, you’ll appreciate its clean, intuitive interface and high customization flexibility. This helps in viewing data comfortably.

The platform features one-click trading, easy order editing, and a Price Alert service for text or email notifications when prices hit certain levels, enhancing your trading experience.

The CEO focuses on providing a comprehensive platform with a concise newsfeed and accessible financial results. Spreadex is praised for its training resources, including a user-friendly video center for new traders. This aids in understanding guaranteed stop-losses.

Additional key tools:

• Force open positions: Go long and short simultaneously by selecting ‘Force Open’ on your trade ticket.
• Price improvements: If prices shift, you won’t get filled at a worse level as Spreadex sources from various resources.
• Fast execution speed: Essential for traders, Spreadex excels in efficient trade execution, winning awards for it.

Spreadex.com reviews are positive, affirming its platform’s strength. Remember, Spreadex is not a white label.

Assets & Markets

Spreadex impresses with an extensive product range and a user-friendly single account.
You can trade over 60 FX pairs and 10,000+ instruments, including options, shares, indices, interest rates, bonds, ETFs, commodities like oil, and cryptocurrencies like Bitcoin.
The broker is praised for a comprehensive AIM stock selection, including small caps with market caps of £1 million.
Spreadex also offers spread betting on sports, allowing speculation on events like UFC, Golf, Tennis, Boxing, and more.
Additionally, you can engage in political trading, such as the UK general elections.
This makes Spreadex an attractive choice for diverse trading opportunities.

Spreads & Commissions

Spreadex earns through the spread fee, the gap between buy and sell prices. Their minimum spreads are competitive, like EUR/USD at 0.6 pips versus the 1.5 pips industry average. Check their website for full details on spreads and maximum payouts. Rollover charges apply based on position size, but notably, Spreadex avoids inactivity fees, unlike many rivals.

Leverage

Spreadex provides up to 75% leverage, which can boost your trading potential if used wisely. While their margins and rates are competitive, the risks are high. You might lose more than your initial deposit and even end up in debt. You can contact customer support to adjust your credit limit.

Mobile App

The Spreadex mobile app is well-reviewed for both financial and sports trading. Available on Android and iPhone, it’s similar to the desktop version. Users can:

• Deposit funds
• Create watch lists
• View trade history
• Add or edit orders and limits
• Monitor and adjust various trade types

The app also offers advanced charting features like:

• Automated trend lines
• Pinch-to-zoom functionality
• Access to over 10 years of historical data
• Candlestick pattern recognition
• Template saving and editing
• Numerous editable technical indicators
• Daily high, low, and change percentages

Using the Spreadex mobile app for placing rolling trades and other orders is easy and straightforward.

Spreadex Payment Methods

Spreadex does well by offering several deposit methods:

• Cheque
• Wire transfer
• Debit & credit cards
• Online bank transfer

However, it doesn’t accept E-wallets like Neteller and only supports GBP, USD, EUR, CHF, and CAD currencies. Opening an account requires no minimum deposit, which is great for traders with limited funds. Most markets allow trading from just 1p, appealing to those with limited capital.

There is a £1 charge for debit card deposits under £50, even for UK cards, and a £25 charge for CHAPS payments. Non-sterling card transactions also have a fee.

User reviews often mention Spreadex’s slow withdrawal process. Withdrawal times vary between two to five business days, with a minimum amount of £50. You can make multiple withdrawals daily, but quicker access to funds is desirable. Best to note these issues before trading with Spreadex.

Demo Account

Spreadex lacks a demo account, which is unfortunate. Practice accounts help traders get comfortable with a platform. They also boost market confidence, especially for beginners. Those needing a demo account might explore competitors offering free, unlimited services.

Bonuses & Promotions

Spreadex offers enticing welcome promotions for new accounts. Choose from £300 cashback or receive a free iPad mini. Sometimes, they even offer an Apple Watch Sports deal. Other bonuses include risk-free bets and referral programs, allowing you to receive up to a £100 Speed Market bet when you refer a friend.

Regulation & Licensing

Spreadex operates under the FCA, ensuring they’re a regulated brokerage. This oversight protects you from scams and fraud. Your funds are safely held in separate tier-1 banks. Regulations ensure your capital remains secure, even in situations like bankruptcy, offering peace of mind when trading.

Additional Features

Spreadex shines with its diverse features and educational resources.

For sports enthusiasts, it offers accumulators and coupon betting. These options conveniently display similar bets in one spot.

In trading, the ‘Pulse’ notification keeps you updated on your watchlist, including stocks and other instruments.

Educational tools are plentiful, including:

• Tips
• Interviews
• OddsChecker
• Market updates
• Charting guides
• Trade examples
• Economic calendars
• Indicator explanations
• Premier League points video guides
• Sports info, like golf, tennis, and cricket rules

Along with sports rulebooks, you’ll find fixed odds rules. Learn about the Spreadex team in the About Us section.

However, users have noted the absence of API access as a drawback.

Accounts Types

Spreadex offers a unified account for both sports and financial betting. To comply with FCA regulations, you must pass certain checks. Required documents include a scanned passport, driving license, or national ID, and a recent utility bill or bank statement showing your address. This process may take a few days.

Some users may qualify for a credit limit, allowing instant trading without initial deposits. Alternatively, there’s a pay-as-you-go option. To close an account, do it via your account area or reach out to customer support. Check the official website for Spreadex Ltd contact details.

Trading Hours

Spreadex operates during normal market hours, with extended access from 21:00 Sunday to 21:15 Friday. This enables traders to promptly respond to market events and manage risks during volatile times. Extended hours also help offset standard share positions. For more details, including holiday hours, refer to the customer agreement on their official website.

Customer Support

Spreadex receives mostly positive reviews for customer support. You can reach them via email or phone through the Contact Us section on their website. There, you’ll find contact numbers for both financial and sports queries. You can also find the email and postal address for their St Albans office at Churchill House, as they lack a London office.

Their staff is friendly and knowledgeable, with response times around the industry average. They assist with sports or financial login issues and explain betting rules or terms and conditions. Spreadex earned a BrokerNotes double AA support rating for assistance in multiple languages and providing phone and email support.

However, Spreadex falls short by not offering a live chat service, which competitors typically provide. This absence is a significant drawback, as live chat ensures quick and effective help.

Security

Spreadex prioritizes your personal security and privacy. They use advanced encryption and strict security protocols to protect your data from:

• Loss
• Destruction
• Falsification
• Manipulation
• Unauthorized access or disclosure

Spreadex Verdict

Spreadex excels in both financial and sports trading, offering positive reviews. Their vast product range lets you speculate on numerous events. Generous bonus programs provide attractive welcome offers. They’re ideal for traders of all experience levels. However, those wanting a free demo account or live chat might look elsewhere.

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