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Spreadex Review 2025 – Is it Good for Trading?

Author: A. Woodhead

Adam Woodhead

Co-Founder

Adam is a passionate investor who created The Investors Centre (TIC) to combine his professional skills with his love for investment. His goal is to offer a platform filled with valuable resources, practical advice, and effective strategies for anyone looking to make their mark in the investment world.

“Investment is about more than just numbers; it’s about strategy, research, and the willingness to adapt. At TIC, we’re here to provide the tools and knowledge you need to succeed on your investment journey.”

Reviewer: D. Farnell

Dom Farnell

Co-Founder

Dom is an experienced retail investor, learning his craft in what he likes to call the “hard way”. Through many of these lesson’s he has crafted himself a sound investment strategy that has enabled him to make investing into a business not just a hobby. He wanted to create The Investors Centre to be able to use these lessons and help other people establish them selves in the world of investing.

“Financial clarity and integrity are the cornerstones of everything we do. We’re here to ensure that your investment journey is built on a solid financial understanding and a sound strategic foundation.”

July 3, 2025

Quick Answer

Spreadex earns a solid 4.6 out of 5 for its robust platform, competitive fees, and comprehensive range of trading instruments. While it excels in user interface and safety, some areas like mobile app performance could use improvement. Overall, Spreadex is a reliable choice for traders seeking diverse financial products and a secure trading environment.

Spreadex Overview

Introduction

Spreadex is a versatile financial platform offering spread betting and CFD trading services. Founded in 2000, it has grown to become a reputable name in the trading industry, with over 20,000 active users as of 2024. This review will assess Spreadex’s features, safety, asset variety, trading instruments, fees, and account types to determine its suitability for both novice and experienced traders.

What is Spreadex?

Spreadex is a UK-based financial services company that specializes in spread betting and CFD trading. It operates under the regulation of the Financial Conduct Authority (FCA), ensuring a high level of trust and security for its users. Spreadex offers a user-friendly platform with a wide range of trading options and competitive pricing.

Spreadex Key Features Table

FeatureDetails
Minimum Deposit£1 (via card or bank transfer)
Markets OfferedSpread betting & CFDs on shares, indices, forex, crypto, commodities
Trading FeesVariable spreads, no fixed commission on spread betting
Platform TypesWeb platform & mobile apps (iOS & Android)
LeverageUp to 1:30 (retail), higher for professional clients
Risk Management ToolsStop loss, guaranteed stop available (premium charged)
Account TypesStandard (spread betting & CFD), tax-free spread betting in UK
RegulationFCA regulated (UK)
Extra FeaturesCash rebates for active traders, sports betting from same account
Best ForUK traders wanting spread betting & tax efficiency, plus integrated sports betting

How Safe is Spreadex?

Safety is a top priority at Spreadex, regulated by the FCA. The platform uses advanced encryption to protect user data and segregates client funds to ensure they are safe in case of company insolvency. Additionally, Spreadex adheres to strict compliance standards, providing a secure trading environment. More on is Spreadex safe here.

What Assets Can You Trade on Spreadex?

Spreadex offers a diverse range of assets, including stocks, indices, commodities, forex, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore different markets. Popular assets include major forex pairs, blue-chip stocks, and leading cryptocurrencies like Bitcoin and Ethereum.

What Trading Instruments Are Available at Spreadex?

Traders can access both spread betting and CFD trading on Spreadex. Spread betting allows for tax-free profits in the UK, while CFDs provide leverage options for higher potential returns. Both instruments cover a wide array of markets, catering to different trading strategies and risk appetites.

What Do the Fees Look Like?

Spreadex is known for its competitive fee structure. The platform charges spreads on trades, which vary depending on the asset class and market conditions. For example, the average spread on major forex pairs is 0.6 pips. There are no additional commissions for spread betting. Overnight financing fees apply to CFD positions held overnight, and inactivity fees may be charged after a period of non-use.

Here’s a breakdown of their fees:

Trading Fees

  • Spreads: Spreadex charges spreads on all trades. Spreads vary depending on the underlying asset and market conditions. They are generally competitive, with averages around:
    • Forex: 0.6 pips (during peak trading hours)
    • Indices: 0.4 points (during peak trading hours)
  • Commissions: No additional commissions are charged on top of the spread for most accounts.

Non-Trading Fees

  • Inactivity Fees: There are no inactivity fees for unused accounts.
  • Deposit/Withdrawal Fees: Most deposit and withdrawal methods are free. However, some bank transfers might incur fees depending on your bank. Check with Spreadex for specific details.
  • Overnight Financing: If you hold a position overnight, you may be charged interest (or receive interest) based on the underlying asset’s interest rate.

Overall, Spreadex offers a relatively low-cost trading experience. However, it’s important to be aware of the spread charges and potential overnight financing costs before making a trade.

What Account Types Are Available?

Spreadex offers several account types to meet the needs of different traders. The standard account is suitable for most users, while a professional account is available for those meeting specific criteria, offering higher leverage and advanced features. There are also demo accounts for beginners to practice trading without financial risk.

How Is the User Interface?

Spreadex offers a user-friendly interface that is both intuitive and efficient. The web platform is designed to provide seamless navigation, with easy access to trading instruments and account management features. Users benefit from customizable layouts, real-time data feeds, and a responsive design that enhances the overall trading experience.

What Charting Tools Are Available?

Spreadex provides a robust set of charting tools to aid in technical analysis. These include various chart types (line, bar, candlestick), multiple time frames, and a wide range of technical indicators such as moving averages, Bollinger Bands, and MACD. The tools are integrated into the platform, allowing for in-depth analysis without needing third-party software.

How Is the Order Execution?

Order execution at Spreadex is reliable and fast, with minimal slippage. The platform employs advanced technology to ensure trades are executed at the best possible prices. This efficiency is crucial for day traders and those dealing in highly volatile markets where timing is essential.

How Are the Spreadex Mobile Apps?

The Spreadex mobile apps, available for both iOS and Android, offer a comprehensive trading experience on the go. While the apps include most features available on the web platform, such as charting tools and real-time data, some users report occasional lag and a less intuitive interface compared to desktop versions. Despite these issues, over 70% of users rated the mobile apps as satisfactory in a recent survey.

How Are Deposits and Withdrawals Handled?

Deposits and withdrawals at Spreadex are straightforward, with multiple options including bank transfers, credit/debit cards, and e-wallets like PayPal. Transactions are typically processed quickly, with deposits reflecting instantly or within a few hours. Withdrawals are usually completed within 1-3 business days, depending on the method used.

What Is Spreadex’s Trust and Reputation?

Spreadex has built a strong reputation since its inception in 2000, largely due to its regulatory compliance and customer-centric approach. The FCA regulation ensures that Spreadex adheres to strict financial standards, offering traders a high level of protection. The platform’s long-standing presence and positive customer reviews further solidify its credibility in the trading community. This is evident in its TrustPilot score of 4.5/5

How Does Spreadex Compare with Its Competitors?

The Spreadex mobile apps, available for both iOS and Android, offer a comprehensive trading experience on the go. While the apps include most features available on the web platform, such as charting tools and real-time data, some users report occasional lag and a less intuitive interface compared to desktop versions. Despite these issues, over 70% of users rated the mobile apps as satisfactory in a recent survey.

FeatureSpreadexIGeToroSaxoAvaTrade
FocusSpread betting & CFDsCFDs & ForexSocial trading & CFDsAdvanced traders & CFDsForex & CFDs
Minimum Deposit£50£250$10€10,000 (Classic) €1,000 (Select)$100
CommissionsSpread-basedSpread-based & commission-basedNone for stock trading (copy trading fees apply)Spread-based & commission-basedSpread-based & commission-based
SpreadsCompetitiveGenerally tightWide for stocks (tight for CFDs)TightVariable
PlatformsProprietary platformProprietary platform & MT4Proprietary platformSaxoTraderGO (own platform) & MT4/MT5MetaTrader 4 & 5
Investment ProductsStocks, indices, forex, commoditiesStocks, indices, forex, commodities, optionsStocks, ETFs, CFDs (limited)Wide range of stocks, ETFs, CFDs, options, futuresStocks, indices, forex, commodities, crypto
RegulationFCAFCACySEC, FCA (depending on entity)FCA, various othersVarious (depending on entity)
Education & ResearchGoodExcellentBasicExtensiveGood
Mobile AppYesYesYesYesYes
Copy TradingNoNoYesNoLimited

What are the Pros and Cons of Spreadex

  • Regulation and Safety: FCA-regulated, ensuring high security standards.
  • Competitive Fees: Low spreads and no commissions on spread betting.
  • Diverse Asset Range: Access to multiple markets, including stocks, forex, and cryptocurrencies.
  • User-Friendly Interface: Intuitive design that is easy to navigate.
  • No Capital Gains Tax: Profits from spread betting are not subject to capital gains tax.
  • Long and Short Trading: Flexibility to go long or short on trades.
  • Leveraged: Spreadex does not provide Individual Savings Accounts (ISAs) or non-leveraged accounts. It is tailored for active trading rather than long-term investing.
  • Limited Educational Resources: Compared to some competitors, Spreadex offers fewer educational materials.
  • Inactivity Fees: Charges apply after a period of account inactivity.
  • Overnight Financing Fees: Applicable for holding CFD positions overnight, which can add up.

What is our Verdict on Spreadex

In summary, Spreadex is a robust trading platform well-suited for both beginners and seasoned traders. Its dual offering of spread betting and CFD trading, regulated by the FCA, ensures a secure trading environment. The platform’s user-friendly interface, diverse asset range, and competitive fee structure make it an attractive choice. According to user feedback, 85% of traders report a positive experience with Spreadex.

However, there are areas for improvement, particularly in mobile app performance and educational resources. The pros of Spreadex, such as its regulatory safety, low fees, and wide market access, significantly outweigh the cons.

Overall, Spreadex provides a reliable and versatile trading experience, making it a commendable option for those looking to engage in spread betting and CFD trading.

Spread, stake, and stay ahead

65% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

What is the difference between cfd and spread bets?

CFDs (Contracts for Difference) involve trading the price difference of assets without ownership, allowing leverage and short positions. Spread betting also avoids ownership, with profits tax-free in the UK, and involves betting on asset price movements, but both incur risk of significant losses.

Why Trade with Spreadex?

Spreadex offers competitive fees, diverse asset access, and a user-friendly interface, making it ideal for traders seeking flexibility and cost-efficiency.

Where is Spreadex Regulated?

Spreadex is regulated by the Financial Conduct Authority (FCA) in the UK, ensuring adherence to stringent financial standards.

What is the Minimum Stake Size at Spreadex?

The minimum stake size at Spreadex varies by asset, with some starting as low as £1, making it accessible for small-scale traders.

What is the Minimum Deposit at Spreadex?

Withdrawals from Spreadex typically take 1-3 business days, depending on the chosen withdrawal method and banking processes.

References

  1. Spreadex Official Website: Spreadex
  2. Financial Conduct Authority (FCA) Regulatory Filings: FCA Register
  3. User Reviews and Feedback: Collected from various financial forums and review sites like Trustpilot
  4. Industry Reports: Data and insights from industry publications such as Finance Magnates and Investopedia
  5. Market Analysis: Detailed market analysis from leading financial news sources like Reuters and Bloomberg