| Updated: November 5, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Payment Methods
- Account Types
- Support
- Conclusion
Spreadex is a long-standing British provider of spread betting and CFD trading, first authorised by the FCA in 2002. Operating under a single UK entity, the firm targets retail and professional clients who want to trade forex, indices, shares, commodities, bonds and cryptocurrencies from one margin account. Its core proposition is straightforward pricing on a proprietary web and mobile platform with no formal minimum deposit and FCA-standard leverage caps (up to 1:30 for retail, higher on request for professionals). Retail clients benefit from segregated client money, negative balance protection and eligibility for FSCS compensation.
The product line-up runs to more than 10,000 markets, including UK and US equities, major and minor FX pairs, global indices, precious metals, energies, government bond futures and a handful of crypto CFDs. Orders can be placed as spread bets (tax-advantaged for UK residents) or as conventional CFDs. The broker is transparent about financing and dividend adjustments but does not currently publish a downloadable product specification sheet.
| General Information about Spreadex | |
|---|---|
| Min. Deposit | $0 |
| Supported Languages | N/A |
| Supported Currencies | EUR, GBP, USD |
| Website | https://www.spreadex.com/financials/ |
| Phone Number | 08000 526 570 |
| Support Email | fins@spreadex.com |
| Headquarters Address | Churchill House Upper Marlborough Road St Albans Hertfordshire AL1 3UU |
Regulations
Spreadex Ltd (company number 04063723) is incorporated in England and Wales and trades exclusively under the name Spreadex. The firm is authorised and regulated by the Financial Conduct Authority with reference number 190941 (authorised since 23 May 2002). The FCA licence covers the arrangement, dealing and safeguarding of client assets in relation to CFDs, rolling spot FX and spread betting.
The registered office is: Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU, United Kingdom. Client money is held in segregated bank accounts at tier-one UK banks, and the broker confirms participation in the Financial Services Compensation Scheme (FSCS) up to £85,000 per eligible claimant. Retail clients also receive automatic negative balance protection.
Spreadex states that it cannot accept applicants from the US, Canada and certain other restricted jurisdictions; the full list is shown during the online application. Complaints are handled internally first, then may be escalated to the UK Financial Ombudsman Service if not resolved within eight weeks.
| Regulator | Licence |
|---|---|
| FCA | 190941 |
Trading Instruments
Spreadex lists more than 10,000 instruments across six major asset classes, all traded as spread bets or CFDs. Margin requirements mirror FCA limits for retail clients, and contract sizes are clearly shown on the order ticket. Crypto markets close for one hour each day at 22:00, while other asset classes follow standard market hours with out-of-hours pricing on key indices.Forex trading
Over 60 currency pairs are available, covering majors such as EUR/USD, GBP/USD and USD/JPY, plus minors and a selection of exotics like USD/ZAR. Retail leverage is capped at 1:30 on majors and 1:20 on others, while professionals can access up to 1:200. Typical spreads start at 0.6 pt on EUR/USD during the London session. All FX contracts are spot/rolling, so no fixed expiry applies, and positions incur financing at 22:00 UK time.
Commodity trading
Spreadex splits commodities into precious metals and energies. Gold and silver are quoted against the US dollar with spreads from 0.04 USD, and margin is 1:10 retail. Brent and WTI crude oil are offered as cash and futures contracts, allowing traders to avoid daily financing if they prefer quarterly expiries. Professionals can request up to 1:100 leverage on metals and energies.
Index trading
The broker quotes global cash indices 24 hours on weekdays, including UK 100, Germany 40, US 500, Wall Street and China 50. Futures versions are also listed. Cash spreads are 1 pt on UK 100 and US 500 in normal hours. Dividend adjustments are applied long/short in line with the underlying constituent payouts, and margin requirements are 5% retail (1:20 leverage) on major benchmarks.
Share/ETF trading
More than 8,000 individual shares from the UK, US and main European exchanges are tradable with leverage up to 1:5 retail. Contract size is one share per CFD, and the minimum stake for spread bets is typically £0.50 per penny move. Corporate actions such as splits, rights issues and special dividends are mirrored on the account, and overnight financing is calculated on the notional value of the position.
Cryptocurrency trading
Spreadex offers a limited suite of crypto CFDs, including Bitcoin, Ethereum, Litecoin and Ripple, quoted in USD. Retail leverage is restricted to 1:2 under FCA rules, and crypto trading is suspended every day from 22:00 to 23:00 UK time for maintenance. Spreads are wider than on traditional markets (e.g., Bitcoin from 40 USD) to account for increased volatility and weekend liquidity risk.
Bonds and interest rates
Clients can trade major government bond futures such as UK Long Gilt, US T-Note and German Bund, plus short-term interest-rate markets like Short Sterling and Eurodollar. Retail margin starts at 3% (1:33 leverage) on liquid contracts. Pricing follows the underlying exchange sessions, with extended quoting on key benchmarks during overnight Globex trading.
| Instrument | Spread |
|---|---|
| AUDUSD | MIN 0.6 pips |
| EURGBP | MIN 0.9 pips |
| EURUSD | MIN 0.6 pips |
| GBPUSD | MIN 0.9 pips |
| NZDUSD | MIN 2 pips |
| USDCAD | MIN 1.3 pips |
| USDCHF | MIN 1.5 pips |
| USDCNY | MIN 10 pips |
| USDJPY | MIN 0.7 pips |
Trading platforms
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| Proprietary |   |   | |
| Trading Information | |
|---|---|
| Trading Platforms | Proprietary Mobile, Proprietary Web, TradingView |
| Demo Account |  |
| Hedging | |
| Scalping | |
| US Traders |  |
| Arabic Traders | |
Spreadex offers a single, proprietary trading environment available as a browser-based platform and as native iOS/Android apps. There is no support for MetaTrader, cTrader or third-party copy-trading marketplaces. The in-house platform covers both spread betting and CFDs, uses HTML5 charts with multiple layouts and indicators, and synchronises watch-lists across devices. Professional clients can request API access for automated strategies, but retail algorithmic trading is not otherwise supported.
Spreadex web platform
The browser terminal opens in any modern web browser without plug-ins. Traders can run multiple charts side by side, choose from candlestick, Heikin-Ashi or line styles and overlay more than 80 technical indicators. One-click dealing, stop/limit orders (including GSLOs) and partial close are available. Asset search is intuitive, grouping markets by asset class and region, and the ticket displays real-time margin and financing data before submission. The same interface supports sports spread betting, although this can be hidden to keep the workspace focused on financial instruments.
Execution is market-maker style with Spreadex acting as principal, and all retail orders are subject to the FCA’s 50% margin-close-out rule and automatic negative balance protection. Traders may enable price tolerance to reduce requotes during volatile periods.
Spreadex mobile app
The iOS and Android apps replicate almost all web functionality, including full account funding, live chat support and chart annotation. Push notifications can be configured for price alerts, fills and margin calls. Fingerprint/Face ID login is supported on compatible devices, and positions opened on mobile synchronise instantly with the web platform. Chart resolution is limited to five years of price history, which may restrict some long-term technical analysis, but intraday granularity goes down to one-minute intervals.
Payment methods
Spreadex accepts funding by UK debit cards (Visa, Mastercard, Maestro), international credit cards, domestic bank transfer (BACS, Faster Payments, CHAPS) and cheques. The broker does not advertise e-wallet or crypto rails. Card payments are credited instantly once 3-D Secure is passed, while Faster Payments usually land within two hours; CHAPS clears the same business day if instructions are received before 12:00, otherwise the next business day.
There is no stated minimum deposit, though the onboarding guide suggests an initial £100 to cover margin and potential drawdowns. Spreadex does not levy deposit fees, but card issuers or banks may charge cash-advance or international transfer costs. Withdrawals must normally return to the original funding source up to the deposited amount; surplus trading profits are sent by bank transfer. BACS withdrawals are free and reach UK accounts in 2–3 working days. Same-day CHAPS costs £25, and foreign currency SWIFT payments may attract intermediary bank charges.
Accounts can be denominated in GBP, EUR or USD, so UK clients avoid conversion spreads by depositing in sterling. All withdrawals are subject to standard KYC checks and may be delayed if the client has not supplied up-to-date proof of address or source-of-funds documentation.
| Brand | Minimum | Fees | Processing Time |
 | £1 | None | Instant |
 | £1 | None | Instant |
 | £1 | None | Same day–2 business days |
 | £1 | None | Instant |
| Brand | Minimum | Fees | Processing Time |
| £50 | None | 2–5 business days |
| £50 | None | 2–5 business days |
| £50 | None | 2–3 business days |
Account types
Spreadex keeps its structure simple: one core margin account for retail clients, plus elective professional status and separate joint or corporate registrations. Pricing is spread-only, with no additional commission. Retail leverage is capped in line with ESMA/FCA rules (1:30 majors, 1:20 minors/indices, 1:10 commodities, 1:5 equities, 1:2 crypto). Overnight financing for long positions is LIBOR/SOFR plus a small mark-up; short positions receive/are charged the inverse, as detailed on the platform.
The broker currently does not offer a demo account for financial trading. Clients who wish to practise must use the minimum stake size (£0.50 per point on most markets) in a live account, which may deter beginners.
| Market | Leverage |
|---|---|
| Crypto CFDs | 1:6 (FCA | Pro Account) |
| Forex CFDs | 1:200 (FCA | Pro Account) |
| Forex CFDs | 1:30 (FCA | Retail Account) |
| Metals CFDs | 1:200 (FCA | Pro Account) |
| Metals CFDs | 1:20 (FCA | Retail Account) |
| Stock CFDs | 1:22 (FCA | Pro Account) |
| Stock CFDs | 1:5 (FCA | Retail Account) |
| Commodities CFDs | 1:200 (FCA | Pro Account) |
| Commodities CFDs | 1:10 (FCA | Retail Account) |
| Indices CFDs | 1:200 (FCA | Pro Account) |
| Indices CFDs | 1:20 (FCA | Retail Account) |
| ETF CFDs | 1:10 (FCA | Pro Account) |
| ETF CFDs | 1:5 (FCA | Retail Account) |
Standard retail account
The default account supports both spread bets and CFDs from the same login. Typical spreads are 0.6 pt on EUR/USD, 1 pt on UK 100 cash and from 0.1 pt on selected UK shares during the main session. Margin is retail-level, and all positions are automatically risk-managed using FCA rules. The account suits active swing traders and investors who prefer tax-free spread betting on UK profits.
Professional account
Eligible clients who meet the FCA’s elective professional criteria (portfolio > €500,000, relevant experience, significant trading frequency) can request higher leverage, reduced margin close-out rules and the option to opt out of negative balance protection. Spreads are identical to retail, but financing is quoted over SONIA rather than LIBOR. Maximum leverage can reach 1:200 on major FX and indices. Professional clients do not receive FSCS coverage.
Joint & corporate account
Spreadex offers joint accounts for up to two named individuals and corporate accounts for UK-registered entities. Both follow the same pricing schedule as retail but require additional documentation such as board resolutions or shareholder registers. Corporate accounts may be able to negotiate bespoke margin terms based on trading volume.
Demo accounts
The broker confirms on its FAQ that no demo environment is currently available for financial betting. Prospective clients must therefore risk real funds if they wish to familiarise themselves with the interface. This is a notable drawback compared with peers that provide free, unlimited practice accounts.
Support
Customer service is available via live chat, freephone 0800 numbers (UK), direct line +44 (0)1727 895 000 and email from 08:00 to 22:00 (UK time) Monday to Friday, with a reduced service on Sunday evening when Asian markets open. The live chat connects to a human agent within one minute in most tests, and hold times on the phone are typically short outside of major market events.
The website hosts a searchable knowledge base covering account opening, funding and platform navigation, although product-specific margin tables are only visible once logged in. There is no provision for multilingual support; English is the sole service language. Complaints receive an acknowledgement within 24 hours and, if unresolved, are escalated to a dedicated compliance officer.
Conclusion
Spreadex delivers a credible, FCA-supervised venue for UK traders who want the tax advantages of spread betting and the familiarity of CFD contracts inside one account. Strengths include top-tier regulation, segregated funds, FSCS protection, and a broad asset list that covers shares, indices, forex, bonds and crypto. The proprietary platform is stable and user-friendly on both web and mobile.
The offering is less attractive to algorithmic or copy-traders because there is no MetaTrader, no third-party social marketplace and no public API for retail users. Funding options are serviceable but limited to cards and bank transfers, and the absence of a demo account may deter beginners. Overall, Spreadex suits intermediate to experienced UK residents who value FCA oversight, tax-efficient spread betting and straightforward pricing over advanced platform tools or global branch coverage.