Spreadex Review 2026: Costs, Safety, Platforms and Who It Suits

What materially distinguishes it?

Tested directly

• We found the mobile app simple to use and easy to navigate.
• We liked the tight spreads and low margin requirements when placing trades.

Verified from primary sources

The FCA register identifies Spreadex Limited as the UK contracting entity under licence 190941. This review also covers the account, fee, product and protection terms outlined below.

Not independently verified

Our direct experience does not establish typical execution speed, slippage rates or results across all instruments and account types. Treat trading costs, leverage and protection terms as product- and client-specific, and check the applicable terms before trading.

Account Pricing

Spreads are floating. The EUR/USD average spread is 0.64 pips, compared with a minimum quoted spread from 0.6 points; these figures describe different pricing measures and should not be treated as interchangeable. The GBP/USD average spread is 1.05 pips. Spreadex generally builds charges into spreads for spread bets and for CFD indices and forex, while share CFDs can incur commission. For example, the stated share-CFD commission for US stocks is 0.1% of trade value.

Costs depend on the product and position. Eligible daily rolling spread bets, CFDs and daily futures held past the daily rollover can incur or receive financing. Standard futures do not have a separate overnight holding fee, as financing is factored into the futures price. Currency conversion can also affect non-base-currency trading results.

Non-Trading Costs

Cost most worth watching

For positions held overnight, check the financing charge for the specific instrument, direction and holding period. For share CFDs, confirm the applicable commission as well as the market spread; the general spread-priced description does not mean every product is commission-free.

Legal Entity Map

The FCA register identifies Spreadex Limited as the UK contracting entity. Its register entry is available at the FCA registerSpreadex is headquartered in the United Kingdom. Its financial products are regulated by the FCA, while its sports betting operations fall under the UK Gambling Commission.

Why the entity matters

For UK retail clients, maximum leverage varies by instrument, while professional clients may access leverage up to 1:200. Spreadex says retail client money is held in separate designated client-money accounts under FCA rules. Eligible clients may be covered by the UK Financial Services Compensation Scheme, generally up to £85,000 per person, per firm; eligibility and the circumstances of a claim matter.

Client Protection

Spreadex offers negative balance protection to retail clients on leveraged financial spread betting and CFD accounts, limiting losses to the funds in the account. This protection does not apply to professional clients or traditional sports spread betting. Regulation and account protections do not remove the risk of losses from leveraged trading.

Where the range is strongest

Forex includes majors, minors and selected exotics, while the share-CFD range is the largest by instrument count. Spreadex also offers exposure to indices, commodities, bonds, crypto and ETFs.

Where it is limited

Share exposure is mainly through CFDs rather than ownership of the underlying shares, so traders do not receive voting rights. Crypto exposure is generally through leveraged derivatives rather than wallet ownership, and product access can be restricted by jurisdiction. ETF availability depends on the legal entity and platform.

Available Platforms

Core Experience

The Spreadex platform offers trade-from-chart, one-click dealing, price alerts and a force-open feature for opposing positions in the same market. TradingView adds charting and research tools, including Pine Script strategies and alerts.

Advanced Features

TradingView strategies use its broker emulator; a Pine strategy by itself does not provide universal unattended live execution through Spreadex. Spreadex does not offer standard API access for retail clients and does not support third-party automated trading systems, copy trading or social trading. Professional clients can occasionally request API access.

Mobile Experience

Spreadex provides an iOS and Android app, and its web platform can be used in a mobile browser. TradingView also has iOS and Android apps.

Main Platform Trade-Off

Best aspect: TradingView charting complements Spreadex’s browser-based trading platform.

Main friction point: The setup does not suit retail traders who need a native Spreadex desktop installation or programmable automated execution.

Account Opening

Spreadex requires KYC verification. Applicants should expect to provide a government-issued photo ID and proof of residence, such as a utility bill, bank statement or official government letter dated within the previous three months. Employment details and financial background are also required for risk assessment. Spreadex does not offer a standalone demo account on its own platform. A live account can be linked to TradingView’s free Paper Trading feature for simulated trading.

There is no initial minimum deposit to open and test a live account, but registering a new debit-card funding method requires at least £5. The standard account minimum deposit is £5; professional access is qualification-based.

Deposits and Withdrawals

Available payment methods include Visa, Maestro, Mastercard, wire transfer, Apple Pay and Google Pay. Card and digital-wallet deposits are instant; bank transfers usually arrive within two hours during business hours. Processing times vary by method.

Account base currencies are GBP, USD and EUR. If a transaction or trading result is in a different currency, conversion may apply. Card conversion is handled by the card issuer, while foreign-currency bank transfers may be converted at Barclays’ prevailing retail rate.

Spreadex operates primarily as an execution-only market maker. Its financial products include leveraged spread betting and CFDs, where exposure can exceed the margin committed. Retail leverage is capped at 1:30 on major forex pairs and 1:20 on other forex pairs, indices and commodities; stock CFDs have a 1:5 retail leverage limit. Professional clients may access leverage up to 1:200.

The stated margin call level is 100%, with a 50% stop-out margin level. Guaranteed stop-loss orders are available. Spreadex permits scalping and hedging, including a force-open function that can hold opposing positions in the same market. Its retail platform does not support standard automated trading systems.

Eligible positions held past the daily rollover can incur or receive overnight financing. During high-impact news, market conditions can involve wider spreads and slippage; leveraged positions can magnify the effect of fast price movements.

Research and Tools

Spreadex provides market analysis, news, an economic calendar and price charts. Its platform features include Pro Trend pattern recognition, and the broker describes Autochartist signals and educational resources for market analysis.

Education

Educational material includes a learning centre, articles and guides, videos and tutorials, and a glossary.

Customer Services

Financial trading support operates from 21:00 on Sunday until 21:15 on Friday. Customer service hours are 08:00–17:30 daily. Average response times are not guarantees of resolution; customer feedback includes both reports of useful guidance and reports of difficulty or dismissive interactions.

Check these three things first

1. Your legal entity: Confirm that Spreadex Limited is the entity serving your account and understand the UK FCA framework and the protections that apply to your client classification.
2. Your likely trading cost: Estimate spread and overnight financing costs for your intended holding period, including any share-CFD commission or currency conversion.
3. Your product/account requirements: Confirm that the markets and platform suit your needs, and check the £5 requirement when registering a new funding method.

Bottom line

Spreadex is best suited to UK users seeking financial spread betting or CFDs through a browser-based platform. Its main platform limitation is the lack of standard retail API and automated trading support.