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If you’re a UK trader seeking a long-standing, FCA-regulated provider offering both financial spread betting and Contracts for Difference (CFDs), this Spreadex review is for you. With over two decades of market experience, Spreadex has built a strong reputation for combining financial trading and sports betting within a user-friendly platform.
This in-depth Spreadex trading review explores everything from fees and platforms to available trading instruments and safety features. Whether you’re a beginner or an experienced trader, our analysis will help determine if Spreadex is the right fit for your 2025 trading strategies.
In This Guide
Spreadex Main Features Table
Spreadex is a well-established UK-based broker, founded in 1999 and regulated by the Financial Conduct Authority (FCA). Known for offering both financial spread betting and CFD trading, Spreadex provides a robust platform for traders interested in forex, commodities, stocks, indices, and more. Overall, there are over 10,000 instruments to explore.
The broker operates a user-friendly web platform and mobile app, designed to cater to both beginner and advanced traders. With a low minimum deposit requirement of £5, it ensures accessibility for a wide range of traders. Moreover, Spreadex charges some of the lowest trading and non-trading fees in the industry. They start from 0.6 pips on major currency pairs with free transactions and no inactivity fees.
Another standout feature at Spreadex is its professional support service team. Support is available 24/7 via live chat, email, and phone. And for traders looking for advanced charting and analytical tools, the broker’s TradingView platform supplies a variety of options and social trading. While there is no demo account, its no minimum deposit requirement feature allows any trader to explore the financial market without worrying about risking a lot of money.
Spreadex
✔10,000+ financial instruments
✔Zero account inactivity fees
62% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Licence
FCA
Assets
1000+ Stock (CFDs), 60+ Forex, 25+ Commodities (CFDs), 200+ ETFs (CFDs)
Minimum Deposit
£0
Software
Spreadex’s Online Trading Platform, TradingView
Customer support
24/7
Demo Account
No
Payment & Withdraw Options
Credit/Debit Cards, Bank Transfer, Neteller, Apple/Google Pay
Available Trading Assets on Spreadex
After conducting a thorough test and analysis on Spreadex, I discovered over 10,000 tradable instruments available across multiple asset classes. UK clients will trade forex, commodities, shares, indices, ETFs, bonds, interest rates, options, and even IPOs. This variety of financial instruments positions Spreadex above the industry average, offering a competitive edge to traders who want to diversify their portfolios.
While you have a variety of tradable instruments to invest in, remember that CFD trading is like a double-edged sword, especially when applying leverage. While it can bring about huge profits, losses can also be magnified.
According to Spreadex, 65% of retail investors lose money when trading spread bets and CFDs. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Forex
Over 60 currency pairs, including EUR/USD, GBP/USD, EUR/GBP, EUR/CAD, GBP/NZD, and more
Index
Over 39 options, including Australia 200, China A50, France 40, Germany 40, Spain 35, HongKong 50, UK 100, and more
Commodities
30+ commodities, including crude oil, natural gas, silver, gold, cotton, and more
Shares
9,000+ including AIM stocks with a market capitalisation of £5m+. Tesla, Microsoft, Apple, Netflix, and more
ETFs
200+ ETFs, including Bitwise Bitcoin, Destiny Tech100, First Trust Nifty 50, Invesco S&P Energy Sector, iShares Bitcoin Trust, Vanguard FTSE 100 UCTIS, and more
IPOs
3+ upcoming IPOs and past options
Options
6+, including SPX 500 , US Tech 100 , Wall Street, US Equity, UK 100, Germany 40, and more
Bonds and Interest Rates
22+ across global markets like UK, EU, and US
Spreadex Fee Structure
One thing I like about Spreadex is its transparency with its fee structure. There are no hidden charges, making it easier for users to plan and budget for their activities. I noticed that it has a low minimum deposit requirement of £5, allowing even the low-budget traders to easily get started with live trading. Additionally, spreads are low, starting from 0.6 pips on popular major currency pairs. All assets are commission-free except for share CFDs. Expect a minimum of 0.02 cents per share on US stocks, which I find to be fairly standard within the industry.
On the non-trading side, Spreadex does not charge any deposit, withdrawal, or inactivity fees. However, expect swap rates, with amounts depending on the asset and position held. Currency conversion fees also apply for transactions made using unsupported currencies.
| Broker Feature | Details |
|---|---|
| Minimum Deposit Requirement | £0 |
| Commission & Spreads | From 0.6 pips on major currency pairs |
| Deposits & Withdrawals | Free |
| Inactivity Fee | £0 |
Trading Account Options and Their Terms
Spreadex offers a universal CFD and spread betting trading account that is versatile and caters to most trading strategies. For UK clients, this account comes in GBP, USD or EUR currencies, and it is tailored for both new and professional traders.
For those who qualify as professional traders, Spreadex offers a Professional Trading account, providing higher leverage up to 1:200 and tighter margin requirements. However, professional traders must meet specific eligibility criteria, such as averaging 10 trades of significant size in the last four quarters, having a portfolio exceeding EUR 500,000, or having at least a year’s experience working in the financial sector.
Keep in mind that professional accounts do not benefit from the same protections as retail accounts, including the negative balance protection.
Demo accounts are not available at Spreadex, and Islamic swap-free accounts are also not offered. The good news is that these accounts allow leverage trading with favourable limits for UK clients as per ESMA rules.
| Account Types | Minimum Deposit | Commissions/ Spreads | Available Instruments | Recommended for |
|---|---|---|---|---|
| CFD Trading Account | £0 | Spreads from 0.6 pips | Forex, Commodities, Shares, Indices, Bonds, IPOs | New and intermediate traders |
| Professional | Subject to eligibility | Spreads from 0.6 pips | Forex, Commodities, Shares, Indices, Cryptocurrencies | Experienced traders looking for advanced tools and high-leverage trading |
| Demo | N/A | N/A | N/A | N/A |
| Islamic | N/A | N/A | N/A | N/A |
Spreadex Safety and Security
Our methodology
Spreadex is a UK-based broker fully licensed and regulated by the Financial Conduct Authority (FCA) under licence number 190941. This means UK clients are guaranteed a safe trading environment with fair conduct and investor protection. Client funds are secured in segregated accounts, separate from the company’s own capital, which helps safeguard traders’ money in case of financial distress.
Another important safety net for any Spreadex customer is the Financial Services Compensation Scheme (FSCS), which protects eligible clients for up to £85,000 should the broker become insolvent. I also like that it employs a high encryption technology, which ensures users’ personal data and information are free from unauthorised access.
Overall, Spreadex scores well in terms of stability and transparency. Founded in 1999 and employing over 130 professionals, it has more than two decades of operational history in both financial spread betting and CFD trading. The broker publishes live spread data, offers clear terms of service, and enforces a best execution policy to guarantee fair pricing.
Spreadex Platforms and Trading Features
Spreadex offers a robust trading experience through its web and mobile trading platforms. The Spreadex web platform is highly versatile, offering customisable watchlists, detachable charts, and direct chart trading. It supports 58 technical indicators, 11 drawing tools, 17 timeframes, and 10 chart types, allowing traders to perform in-depth technical analysis.
TradingView is also accessible via Spreadex and is particularly valuable for chart-focused traders. It provides interactive, high-resolution charts with real-time data, dozens of preloaded indicators, and an easy-to-use drawing toolkit. Users can monitor multiple timeframes simultaneously, set custom alerts, and save chart templates. Moreover, the platform comes with a social trading feature. This allows traders to follow market insights and strategies from other traders, which can be especially useful for spotting trends and testing new techniques.
| Platform | Key Features | Best For |
|---|---|---|
| Spreadex (Web & Mobile) | Advanced technical analysis, one-click trading, customizable watchlists, chart trading, account management, economic overlays | Traders who want flexibility and full control over both financial and sports markets |
| TradingView | Superior charting tools, interactive indicators, and a familiar interface | Chart-focused traders and those who value an intuitive design |
What Charting Tools Are Available?
As mentioned above, Spreadex offers a comprehensive suite of charting tools across both its web and mobile platforms. Whether you’re trading forex, indices, commodities, or CFDs, the platform’s charting capabilities allow you to track price movements, identify trends, and make informed decisions based on real-time market data.
The web platform includes 58 built-in technical indicators, covering trend-following tools, oscillators, and volume-based measures. Traders can also use 11 drawing tools, including Fibonacci retracements, trend lines, and Elliott Wave patterns, which are essential for spotting potential entry and exit points. There are 17 timeframes and 10 chart types, allowing flexible multi-timeframe analysis and visualisation of price action in line, bar, or candlestick formats.
| Tool | Key Features |
|---|---|
| Technical Indicator | 58 built-in indicators for trend analysis, oscillators, and volume-based tools |
| Drawing Tools | 11 tools, including Fibonacci retracements, trend lines, and Elliott Waves |
| Chart Types | 10 types, including candlestick, line, and bar charts |
| Timeframes | 17 timeframes for multi-level analysis from minutes to months |
| Chart Trading | Place, manage, and modify orders directly from charts |
| One-Click Trading | Execute trades instantly from the chart interface |
| Custom Watchlists | Track selected instruments and price alerts in real time. |
| Detachable Charts | Expand charts to full screen or separate windows for better visibility |
| Economic Overlays | View past market reactions to economic events for strategy planning |
Deposit and Withdrawal Options
It is important to confirm a broker’s payment methods to know whether there are convenient options for you. Based on my experience, Spreadex allows deposits and withdrawals using credit or debit cards, bank transfers, Apple Pay, and Google Pay.
The best part is that all transactions are free, making it straightforward for new customers and active traders to manage their accounts. However, it is important to understand that third-party providers may apply their own processing fees in certain cases.
Deposit Options
| Deposit Method | Fee | Processing Time | Notes |
|---|---|---|---|
| Apple Pay | Free | Instant | Transaction supported in GBP, USD, and EUR |
| Google Pay | Free | Instant | Transaction supported in GBP, USD, and EUR |
| Debit/credit card | Free | Instant | Transaction supported in GBP, USD, and EUR |
| Wire transfer | Free | 1–2 business days | Transaction supported in GBP, USD, and EUR |
Withdrawal Options
| Withdrawal Method | Fee | Processing Time | Notes |
|---|---|---|---|
| Apple Pay | Free | 1 business day | Transaction supported in GBP, USD, and EUR |
| Google Pay | Free | 1 business day | Transaction supported in GBP, USD, and EUR |
| Debit/credit card | Free | 1 business day | Transaction supported in GBP, USD, and EUR |
| Wire transfer | Free | 1–2 business days | Transaction supported in GBP, USD, and EUR |
Trust and Reputation
Spreadex is highly regarded by global traders and receives strong ratings and Spreadex reviews from users on Google Play, the App Store, and Trustpilot. The broker implements robust login measures for desktop and mobile devices, ensuring account security for all customers. Its long-standing presence in the financial trading space since 1999 further cements its reputation, making Spreadex a trustworthy option for traders seeking a reliable and established broker.
Account Setup Process
Opening a trading account with Spreadex is straightforward. During my time, I complete the process in less than an hour. The process is digital, quick, and designed to comply with FCA verification standards. So, if you are new to Spreadex, here is a simple guideline explaining how to get started.
Step 1: Visit the Broker’s Official Website
Step 2: Sign Up
Step 3: Verify Your Eligibility and Accept Terms
Step 4: Provide Financial and Employment Information
Step 5: Make Your First Deposit
Step 6: Verify Your Account and Start Trading
To get started, head over to the official Spreadex website. Before you click the “Create an Account” button, ensure you understand its terms of service. It is also crucial to install its mobile app on your mobile device to ensure you keep managing your activities while on the move.
Once you click the “Create an account” button, a simple form will pop out for you to fill with your personal details. You’ll be asked to choose your title (Mr, Ms, etc.) and enter your full name as it appears on your legal documents. Make sure these details are accurate, as they’ll later need to match your identification documents.
You’ll also be prompted to provide an email address and create a unique username and password. Plus, you will select an account type, whether CFD or spread betting, and choose your region and nationality.
Next, confirm that you are at least 18 years old and agree to the platform’s terms and conditions. After this, you’ll need to provide your date of birth, mobile number, and residential address. The address should match the one on your proof of residence document that you’ll upload later for verification.
To meet regulatory requirements, Spreadex will ask about your employment status, source of income, and estimated annual income. You’ll also need to complete a short questionnaire about your trading experience. This helps the broker assess whether you understand leveraged products like CFDs and spread bets. Once completed, you can configure a few account preferences, such as trading limits and your preferred account currency (GBP, EUR, or USD).
After your basic details are approved, you can move on to funding your account. Spreadex allows deposits via debit cards and bank transfers, with no deposit fees applied by the broker. The minimum deposit is £5, which makes it beginner-friendly.
You’ll need to upload two documents. One for proof of identity (such as a passport or driver’s licence) and one for proof of address (such as a recent utility bill or bank statement). This step usually takes less than 24 hours to complete.
Once verified, Spreadex will send you a confirmation email, and your account will be fully active. You can then log in to your trading dashboard, explore the available markets, and start placing trades using the web or mobile app. For newcomers, it’s a good idea to start with small positions while getting used to how spread betting and CFD trading work in real time.
Time to spend on opening an account 
Within hour
Mobile app Yes 
Desktop Yes 
User–friendly 
5/5 
Business account 
No 
2-step verification Yes Is Spreadex a Good Fit for You?
Spreadex caters to a variety of traders, from beginners to experienced professionals. From my experience, the broker offers user-friendly platforms, competitive spreads, and robust charting tools that make it versatile for different trading strategies.
However, certain limitations, such as the absence of a demo account and lack of support for automated trading, may not suit everyone. For this reason, I have prepared a table below summarising which trader types may find Spreadex suitable or less suitable.
Beginners – Suitable
The platform is user-friendly and offers quality learning and market analysis tools
Automated Traders – Not Suitable
Automated trading is not featured at Spreadex
Scalpers – Suitable
It offers a versatile trading platform with low minimum deposit restrictions and guaranteed stop orders.
Professional Traders – Suitable
Offers higher leverage and access to professional account features, though eligibility criteria apply.
Casual Traders – Suitable
Low minimum deposit and simple funding options
Crypto Traders – Suitable
Spreadex offers major cryptocurrencies, but limited advanced features may restrict active crypto trading strategies.
Social/Copy Traders – Suitable
Social trading tools are available on TradingView
Is Spreadex Good for Beginners?
Yes. Spreadex can be a viable option for beginners, especially those who prefer mobile trading and are interested in spread betting or CFDs. The platform offers a user-friendly interface, competitive spreads, and a wide range of markets. These include over 10,000 instruments such as forex, indices, commodities, ETFs, IPOs, and more.
Additionally, the broker’s mobile app is praised for its intuitive design and customisable functionality, making it accessible for new traders. While there is no demo account, I do not find it to be a limiting factor. Remember, the minimum deposit is £5, and spreads start from 0.6 pips on major currency pairs. You will not spend much getting started at this broker.
This broker is also beginner-friendly due to its quality learning materials. Together with a dedicated FAQ section and 24/7 support service, newbies are guaranteed the support needed to manoeuvre the financial space.
Final Verdict on Spreadex
Spreadex stands out as a reputable and user-friendly broker, particularly appealing to traders seeking a combination of financial spread betting and CFDs. Established in 1999 and regulated by the UK’s Financial Conduct Authority (FCA), it boasts over two decades of industry experience. The platform is well-regarded for its intuitive interface, robust charting tools, and competitive spreads.
While Spreadex offers a comprehensive trading experience, potential users should be aware of certain limitations. The lack of a demo account may pose a challenge for beginners, and the absence of support for automated trading could be a drawback for those interested in algorithmic strategies. Additionally, the platform’s focus on spread betting and CFDs means it may not be suitable for traders seeking traditional stock or forex trading options.
Why Choose Spreadex Over Other Brokers?
Spreadex distinguishes itself in the UK market by offering a unique blend of financial spread betting and CFD trading, all under the regulation of the UK’s FCA. This regulatory oversight ensures a high standard of client protection and operational transparency.
The broker’s integration with TradingView enhances its charting capabilities, appealing to traders who value advanced technical analysis tools. Additionally, Spreadex’s mobile app is well-regarded for its user-friendly interface and functionality, making it a convenient choice for traders on the go.
However, it’s important to note that Spreadex may not be suitable for all traders. The platform lacks a demo account, which can be a significant drawback for beginners looking to practise without financial risk. Furthermore, the absence of support for automated trading may pose challenges for those seeking advanced trading strategies.
Overall, Spreadex is a solid choice for traders interested in spread betting and CFDs in 2025, as it offers a secure and regulated environment with robust charting tools. Personally, I had an exciting trading experience with it and highly recommend it to any trader, except those looking for automated functionalities.
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
Would you recommend this provider?
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
I’ve been trading with Spreadex for a while now, and I’d say it’s quite a unique platform compared to most brokers I’ve used. The standout feature for me is that it’s not just a trading platform – it also combines financial spread betting with sports betting, which makes it different from the usual trading-only brokers. Personally, I stick to the trading side, but I can see the appeal for someone who wants both in one place.
Would you recommend this provider?