SpreadEx
4/5

SpreadEx

✔One of the top spread betting brokers in the world ✔ Provides sports betting and casino games in addition to trading
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Home » SpreadEx

SpreadEx is a UK-based online broker that focuses on derivatives trading such as spread betting and CFDs on a range of financial instruments including shares, forex, and cryptocurrencies. The broker also provides sports betting and casino games, which we will not cover in this review.

Pros
  • One of the top spread betting brokers in the world.
  • Provides sports betting and casino games in addition to trading
  • Won multiple awards for their trading platform
  • Was named one of the UK’s 100 most profitable companies three years in a row
Cons
  • A bit too basic for more advanced day traders
  • Works better through the trading apps than the web platform, effectively excluding many traders

The broker was first introduced in 1999 to make spread betting more accessible to the public, mainly through the rise of the Internet. Today, it belongs to the top-tier of online brokers in the United Kingdom and they continuously break new ground in the industry.

Spreadex
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Spreadex
Spreadex

Who Are SpreadEx?

As mentioned, SpreadEx was first introduced in 1999 and has been headquartered in St Albans, Hertfordshire, the UK since its early beginnings. It offers a wide range of trading opportunities for its clients, mostly through spread betting and Contracts for Difference (CFDs). This means that you can speculate on many of the world’s most exciting markets using user-friendly derivatives.

spreadex review

In 2006, SpreadEx launched a platform for sports betting and in 2011 they purchased the customer base from IG Group’s betting platform, further establishing it as a leader in betting online. In 2011 SpreadEx also introduced online casino games and slots to its platform.

Since we’re not iGaming experts, our testing and review process has focused on the online trading part of the broker’s offerings. And SpreadEx excels at all things online trading, something that’s been confirmed by the number of awards that the broker has received over the years.

Compare SpreadEx With Other Brokers

Compare with other broker
Minimum deposit
Payment & Withdraw options
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Fee on GBP/USD
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Software
License
Demo account
Money Insurance
Stock Assets
Forex Assets
Commodities Assets
ETFs Assets
Cryptocurrency Assets
SpreadEx logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$0.01
Bank Wire Transfer, Credit cards, Skrill
0.6 pips.
$6.00
0.6 pips.
0.6 pips.
0.6 pips.
Spreadex Financial Trading App
FCA
Yes
Yes (up to $115,793)
3,000
51
16
200+
5
eToro logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Credit card, PayPal, Bank transfer, Neteller, Skrill, WebMoney
0.1%
0.1%
From 1.5%
0.1%
From 2 pips
eToro Proprietary Platform
ASIC, CySec, FCA, FSAS, FSCS
Yes
Yes (up to $115,793)
2044
47
13
145
15
Plus500 logo
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Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$100
Bank Wire Transfer, Credit cards, Paypal, Skrill
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Plus500 Webtrader
ASIC, FCA, FSCA
Yes
2000+ (CFDs only)
70+ (CFDs only)
4 (CFDs only)
96 (CFDs only)
9 (CFDs only)
CMC Markets logo
Visit site
Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
No
Credit cards, Paypal
0.08%
0.11%
From 0.7 pips
0.08%
From 0.3 pips
MetaTrader 4
FCA, BaFin
Yes
Yes (up to $115,793)
8,000
338
136
1,000
13

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*Additional fees may apply

Our Opinion About SpreadEx

After having performed several comprehensive tests on the SpreadEx platform, we can confirm that it’s a great broker that provides exciting opportunities for all traders. They have a broad selection of assets that can be traded through the web or through apps designed for iOS (iPad & iPhones) as well as Android.

We also appreciate the varied selection of markets that’s available on the platform, ranging from shares, forex, and ETFs to options, cryptocurrencies as well as bonds and interest rates.

Execution is extremely fast, which is a necessity for spread betting brokers. Also, the fees are quite reasonable with several popular payment options to choose from.

All things considered, SpreadEx is an excellent broker for beginners and retail traders. However, the broker can be a bit too limiting for more advanced day traders that instead should opt for a more sophisticated broker.

Adam Jarfjord
Adam Jarfjord

Head of the content of OnlineTrading. Adam creates, distributes, controls the content department, and also writes original guides, having many years of experience in trading. He checks each broker, trading platform, and app in detail so that you can quickly make your choice and be confident in it with his guides.

The opinion of our readers is critical to him, so Adam replies to every comment and tries to take into account the wishes of all readers in order to provide the most helpful information.

SpreadEx Details

Licences
OnlineTrading.Reviews Rating:
✔ One of the top spread betting brokers in the world
✔ Provides sports betting and casino games in addition to trading
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
5.0
Customer support
4.0
Commissions & Fees
5.0
Platform & Tools
2.0
Research
4.0 Overall Rating

3 Replies to “SpreadEx”

  • Customer says:

    I’ve had a spread betting account with Spreadex since Oct 2020. I use the mobile app to manage my trades. It is very trustworthy, good variety of markets, highly recommended!

  • Mr.Jonah Butler says:

    I deposited and withdrew money without any problems. When I sent an e-mail, I received a response within a reasonable time limit. Good job, SpreadEx!

  • David B says:

    I am in favor of SpreadEx for small investors and beginners, as per my experience I would say SpreadEx is the best stock broker, as it has a customer-friendly interface that is easy to understand, brokerage charges on trades are affordable, the Account opening is quick, and hassle-free, app security is 100%, customer support is amazing and one call away. All these factors are important for a broker!

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