Spreadex Customer Reviews
Very good
Very good
Ok
Ok
Very good
Very good
Good
Good
4/5
5/5
Na
Na
check Sporting Index for way…
check Sporting Index for way forward!
Quick reaction when have probs…
Quick reaction when have probs from online support
Good
Good
Puts customer first
Puts customer first
Wider spreads and good range…
Wider spreads and good range of smaller companies but very contactable
No comment
No comment
have always used IG more…
have always used IG more find the platform easy enough to negotiate
Good
Good
Simple and straight forward
Simple and straight forward
generally good, i didnt like…
generally good, i didnt like it when they didnt answer a question about one of their charges as i lost money as a result
Wide range of trading options…
Wide range of trading options across all markets with clear tools and pricing
Good coverage of spreads
Good coverage of spreads
Fit for purpose
Fit for purpose
Top class
Top class
Easy accessible
Easy accessible
No thoughts
No thoughts
Exceptional value, offers and general…
Exceptional value, offers and general customer service
No view
No view
good
good
3/5
Good
Good
Very easy to use
Very easy to use
Cover a wide range to…
Cover a wide range to trade and easy to use.
Trusted company
Trusted company
excellect clear concise responsible broker…
excellect clear concise responsible broker narrow spreads informed and responsive customer support
Very good
Very good
5/5
Exciting
Exciting
Amazing platform
Amazing platform
Easy to use. Quick to…
Easy to use. Quick to respond to queries.
Great for shorter tax free…
Great for shorter tax free “trading”
Value
Value
Good platform
Good platform
5/5
EASY
EASY
Can never trade the small…
Can never trade the small caps i want to …when l want
Good for small capd
Good for small capd
Very good platform but slightly…
Very good platform but slightly simpler in terms of available features when compared to others. Excellent customer service.
Good platform but expensive.
Good platform but expensive.
Good
Good
good service and communications
good service and communications
Terrific range of instruments, fair…
Terrific range of instruments, fair spreads
Much the same as the…
Much the same as the rest.
Good value
Good value
Good for UK small caps….
Good for UK small caps. Has trailing stop losses and automatic email updates on share price movements.
Useful for occasional trades
Useful for occasional trades
good value, helpful customer service
good value, helpful customer service
Ok
Ok
haven’t used for a while
haven’t used for a while
Easy to use and great…
Easy to use and great support
Old school
Old school
4/5
Pros:
Easy access
Cons:
Reduce fees
5/5
Pros:
Easy to use
Cons:
Can’t think of anything
4/5
Pros:
good for sign up bonus
Cons:
continue with better offers for current customers
5/5
4/5
Pros:
Customer service
Cons:
Not sure
3/5
Pros:
None
Cons:
No opinion
3/5
Pros:
N/A
4/5
Pros:
Small cap dealing
Cons:
I am pretty satisfied with this service
3/5
Pros:
Ease of use and speed of execution
Cons:
Can’t think of anything
4/5
Pros:
Shorting
Cons:
Lower spreads on large cap companies
5/5
Pros:
Easy to use
Cons:
Include crypto
3/5
Pros:
Also does gambling
4/5
3/5
Pros:
n/a
Cons:
–
5/5
5/5
Pros:
intuitive layout
3/5
Pros:
No View
Cons:
No View
5/5
Pros:
Wide range of stock trades available, prompt settlement
Cons:
Making trading in some other markets easier such as Canada
4/5
Pros:
Ease of use
3/5
Pros:
meh
2/5
Pros:
Bad
Cons:
Bad execution using a form to fill in slowno good for scelpin
5/5
5/5
Pros:
easy useage
5/5
Pros:
Number of instruments to trade in
Cons:
Nothing
5/5
3/5
Pros:
The app and ease of use
Cons:
N/A
5/5
4/5
5/5
Pros:
AIM coverage
Cons:
Better charting
4/5
Pros:
Good selection of stocks for trading
Cons:
Nicer interface
2/5
Cons:
Cut borrow charge on sharets
3/5
Pros:
Easy use
Cons:
N/a
4/5
4/5
Pros:
charts
Cons:
–
2/5
Pros:
Spread Betting
5/5
Pros:
Very good charts
4/5
Pros:
Not used much
Cons:
N/A
3/5
Pros:
n/a
Cons:
n/a
2/5
Pros:
Can place spread bets
Cons:
Smaller spreads, stop closing out trades
5/5
2/5
3/5
Cons:
No thoughts
5/5
Pros:
Customer service
Cons:
Better charts
4/5
Pros:
Quick and easy
4/5
5/5
4/5
Pros:
–
Cons:
–
4/5
Pros:
range of assets
Cons:
charting
4/5
4/5
4/5
Pros:
easy to use
4/5
Pros:
Good App
4/5
Pros:
Helpfull
Cons:
Nothing
5/5
Pros:
Na
Cons:
–
5/5
Pros:
charts
Cons:
same
2/5
Pros:
happy to have the a/c but seldom use it.
Cons:
no view
4/5
5/5
Pros:
Very efficient
Cons:
No comment
5/5
Pros:
Customer service
Cons:
Make spread betting live on tradingview
4/5
Cons:
As above
5/5
Pros:
They allow me a little leeway occasionally !
Cons:
Nothing comes to mind
5/5
Pros:
Ease of use
5/5
Pros:
Ease of use and trading options available
5/5
Pros:
Ability to go short
Cons:
Ability to trade options
5/5
5/5
5/5
Pros:
Easy to use
5/5
Pros:
its platform which is extremely reliable and easy to operate
Cons:
nothing. very happy with service
5/5
Pros:
Customer Service
1/5
Pros:
no thoughts
Cons:
no thoughts
4/5
Pros:
Sports and finance
Cons:
Better trading platform
5/5
Pros:
Spread bet small cap options
Cons:
Sometimes IÔÇÖve double bought something by mistake
5/5
4/5
Pros:
ease
Cons:
none
5/5
Pros:
Ease of use
Cons:
Screen within screen would be good
5/5
Cons:
Better charting
5/5
Pros:
Very clear
Cons:
More charts
5/5
Pros:
Easy to use portal
Cons:
Lower charging structure
4/5
Pros:
Making it clear that money is at risk
Cons:
Quite happy
5/5
Pros:
Ability to trade small amounts
Cons:
Improve there margins
5/5
Pros:
Quick execution, everything is clear like black n white
5/5
Pros:
user friendly
5/5
Pros:
No immediate margin call.
Cons:
tighter spreads
1/5
5/5
Pros:
general usage
Cons:
nothing
5/5
Cons:
Able to trade by coin
5/5
Pros:
Quick and ease of use
Cons:
Less margin required?
5/5
Pros:
Great functionality and UI
Cons:
N/A
4/5
Pros:
ease to use
Cons:
widen range of markets
2/5
Cons:
Increase range of securities and future dates offered.
5/5
Pros:
Easy to use
5/5
Pros:
Simple to use.
Cons:
Be able to transfer funds out of the account much more quickly.
5/5
5/5
Pros:
Easy to use
5/5
Pros:
Simple to use
Cons:
Not sure
1/5
Pros:
Find it very easy to use and useful information at hand
Cons:
Maybe reduce the daily costs a little
1/5
Pros:
None
Cons:
Market manipulation disgusting
5/5
SW @ 03/16/2021 09:39
Good friendly staff who are open with what they can and can’t do with their existing liquidity provision. Only positive experiences so far.
TJ @ 03/15/2021 01:40
Sadly, the service offered by SpreadEX has deteriorated rapidly over the last year. I am now moving my existing positions over to another spread bet provider. I am only closing my SpreadEX positions and I am not opening any new positions. The markets offered have decreased and SpreadEX has made a recent business decision to not offer future quarterly markets until near the rollover date, whereas previously they offered these markets several weeks before rollover. They have also increased the minimum stake for some markets meaning some bets are now too risky and any losses may be too great. Finally, the SpreadEX platform is now old and I have noticed that during busy periods, it can take 30 seconds or more for a trade to be completed, allowing some trades to be cancelled. My advice is to avoid SpreadEX and choose another provider.
Greg @ 03/13/2021 08:55
I am happy with SpreadEx so far. App works well too.
Dhillan @ 03/11/2021 10:39
Year on year you get the best service and interaction with all at SpreadEx. Thank you
Rajendra Prasad @ 03/11/2021 09:22
Good trading service and friendly staff are always available for any queries.
Gary Leach @ 03/11/2021 06:31
Great team providing a great service. Consistently amicable and helpful on the phone which sets them apart from other brokers I use.
Excellent service. Great people to work with . @ 03/11/2021 06:37
Excellent service excellent people i enjoy trading with spreadex.
william priddle @ 03/11/2021 03:58
Excellent! No fuss-everything just works and they are always swift to answer the phone if there is any difficulty.
Si @ 03/03/2021 04:32
Not impressed. WonÔÇÖt take orders or dealings with no explanation
Richard Abel @ 02/26/2021 09:16
By far the best financial institution that I have ever used. Very very helpful staff that really care about your investments and positions. Never had to wait for more than 2 or 3 rings to get through to the dealing desks, while other organisations I use like HL and IG think a 45 min wait is acceptable, not Spreadex. Charlie and Andrew are great guys to deal with.
Paul @ 02/25/2021 09:19
Good reliable service.
Peter H @ 02/25/2021 01:42
My preferred SB platform. App works well on phone and tablet, online chat and customer service is good and responsive. A happy customer.
Ravi Nadar @ 02/19/2021 04:17
Great customer service. Price competitive. However some markets disappear without notice. So itÔÇÖs difficult to plan ahead.
Amit @ 02/18/2021 10:05
Service is good and website & mobile App are easy to use. The one problem is they are not competitive on the particular markets I trade (high daily funding charges and wide spreads).
bob edwards @ 02/18/2021 05:49
always been good up to now , but i now find most small caps and aim stocks no longer available ,inc some ftse 250 stocks, but no one said anything about this. a lack of communication.
Paul Scott @ 02/18/2021 05:23
Spreadex have always been highly supportive and flexible when needed, over many years. Their support enabled me to get back on my feet after disasters in 2008-9. I put nearly all my business through them to this day. Great people.
Richard Green @ 02/18/2021 12:04
Never had any complaints about Spreadex. They offer a highly efficient service and I’ve never felt ripped off. Can’t say that about all spread betting companies!
5/5
4/5
5/5
5/5
5/5
5/5
5/5
5/5
3/5
4/5
5/5
4/5
5/5
5/5
3/5
3/5
4/5
5/5
5/5
5/5
5/5
5/5
4/5
4/5
4/5
5/5
5/5
4/5
Leave a review
- Tell us what you think of this company and help others make more informed financial decisions.
64% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Expert Review
I’ve been using Spreadex now for at least 20 years now. I’ve worked with them professionally and know them socially. So in my updated 2024 review of Spreadex, I’m going to highlight what sort of broker they are and what type of traders will get the most from their trading platform and service.
Spreadex Review
Name: Spreadex
Description: Spreadex is a financial spread betting broker that has been in operation since 1999. It was founded by ex-city trader Jonathan Hufford and unlike many of its peers, it is not based in London, but instead is headquartered in St Albans Hertfordshire. Spreadex offers both financial spread betting and CFD trading from the same account. The company has some 60,000 account holders and offers access to more than 10,000 financial instruments, including UK small-cap shares, where it is something of a specialist.
Is Spreadex a good broker?
Spreadex is one of the most established spread betting brokers. They focus on providing excellent customer service through experienced dealers and a trading platform built from scratch in-house. A good choice for those that like to spread bet.
Pros
- Spread betting & CFDs
- Smaller cap stock trading
- Great customer service
Cons
- Not publically listed
-
Pricing
-
Market Access
-
Online Platform
-
Customer Service
-
Research & Analysis
Overall
4.4Ratings Explained
- Pricing: Super competitive and not afraid to undercut the competition.
- Market Access: Excellent, lots of access to exotic derivatives and smaller cap stocks.
- Platform & Apps: All developed in house and quick to add new features.
- Customer Service: Personal service is what sets Spreadex apart from other brokers.
- Research & Analysis: A good mix of technical indicators on the platform and daily briefings from the financial dealing desk.
There are two types of broker in the derivatives world, those who spot a gap in the market and try to exploit it, and those that are in it for the love of the business. With my broker’s hat on, and in my expert opinion, they are the latter. You can tell by the quality and turnover of their staff, the fact that they generate the majority of their business from referrals rather than a massive digital market budget and the longevity of their service, that if you are going to trade, they are a broker worth putting your business through.
Market access
First off, what can you trade? Spreadex started off offering financial spread betting, which (as I hope you’ll know if you are reading this review) is a tax-free way to trade the financial markets. Trades are structured as bets so you don’t have to pay capital gains tax on your profits. However, as the appeal of trading with a UK-based broker (for regulatory and financial security purposes) has increased, Spreadex introduced CFD trading for non-UK residents a few years ago.
You can trade over 10,000 markets with Spreadex, so, if you are more adventurous than most who just seem to want to tap away on Tesle and Netflix these days, they also have a huge range of smaller-cap shares to trade. A lot of brokers don’t offer these, as the majority of clients stick to the top ten traded instruments and tend to add markets when clients request them. However, going back to my point earlier about service, Spreadex has a huge range of markets available to trade, before you need them, not after you ask for them.
They also have a very good range of indices, with access to Asian and European markets, as well as the major UK and US markets. Options trading is fairly limited, you can only trade on the FTSE 100 (UK100) and DAX 40 (German 40), but you can write options (go short) with Spreadex, whereas some brokers only allow you to buy options.
You can trade the usual commodities, currencies, bonds and fixed-income markets (I don’t know why I still find the phrase Bund, Bobl and Shatz funny when looking at treasuries watchlists after all these years). If you want to have a punt on themes rather than individual assets Spreadex has a wide range of ETFs for placing sector bets on things like Healthcare, Cannabis, CyberSecurity and so on so you don’t have to buy a load of individual shares. However, most of the ETFs are US based, there are not that many UK or European ETFs which can be traded in the morning without having to wait for the Americans to get out of bed. There are also a few ETFs, that track markets like Saudia Arabia (where an outright index isn’t always available).
Spreadex Pricing, Charges & Fees
There isn’t much to say about pricing when it comes to reviewing decent brokers these days because they are all about the same, and that is to say, very competitive. Spreadex earns money by widening the spread from the bid/offer price and including commission in that. For UK stocks, this is 0.1%, so for example, if you buy 10,000 Lloyds shares with Spreadex, the spread will be 49.21/49.33 instead of 49.26/49.28. So £10,000 worth of Lloyds would cost you £4,933 instead of £4,928. So a £5k trade will cost you £5, a £10k trade will cost you £10, a £100,000 trade will cost you £100, and so.
With US stocks Spreadex have also recently capped the spread on larger stocks at $3.5 to make trading the US market cheaper. For example, they mark up spreads by 0.15% for stocks like Tesla, but the spread is capped at 3.5. So, if Tesla shares are $16922.5 offered, then if they were marked up by 0.15% the Spreadex offer price would be $16948 (rounded). But because spreads are capped at $3.5, you would buy at $16926. So if you are trading at £1 per point as a spread bet that is a saving of £22 on roughly a £17k trade versus a broker who charges the same but hasn’t capped their spreads.
If you are holding positions in the slightly longer term Spreadex charge 3% over under SONIA, which is not quite the cheapest, but still very low compared to other brokers like eToro for example, that charges 6.4% over/under SONIA. To put that in perspective, if you have £10,000 exposure with eToro with SONIA at 4% for a year, it would cost you £1,400 in overnight funding, but with Spreadex only £650.
For the major FX, commodity, and index markets, Spreadex are pretty much inline with everyone else.
Platform and apps
Way back when I first opened my account, I remember being sent a VHS video of a very charming curly-haired man standing on Primrose Hill (I think) with the City as a backdrop explaining the pros and cons of spread betting. But Spreadex has come a long way from just providing voice brokerage to having one of the best trading platforms out there.
One thing I particularly like about the Spreadex trading platform is that it has been built and innovated inhouse. For exmaple, they have added the ability to overlay Pro Trend Lines, which automatically, add support and resistance levels, which takes a bit of the guesswork out of potential entry and exit points. You can also, overlay the VWAP, a price point, particularly useful, as it’s what hedge funds use for working daily orders that are well above the normal market size.
A nice feature of the Spreadex app is that you can change the columns from just change, to monthly and yearly high and low. Plus, should you, for some reason, want to do technical analysis on your phone instead of a proper computer, you can add indicators, free draw and overlay indicators like Fibonacci ranges whilst out and about.
There is a huge amount of technical indicators for advanced traders, but for beginners, they have all the usual range of risk management tools like stops, guaranteed stops (which protect you if the market gaps), trailing stops (so you can lock in profits the more profitable a position gets) and price alerts. More relevantly, though, if you are a beginner, and you don’t understand something, instead of having to wade through a quagmire of online educational resources, you can pick up the phone and ask for something to be explained.
It’s really a very good all-round trading platform that can cater for large customers as well as beginners. It’s simple, and modular so you can create your own desktop environment (if you’re trading on multiple screens). Plus, along with the rest of the world, Spreadex is now integrated with TradingView.
Research and analysis
There is also enough news flow to keep you informed and up-to-date with market news without getting overloaded. Through the app and web platform, you get access to the economic calendar of market-moving events, news filtered by product from Thomson Reuters, and trading updates from Spreadex dealers, highlighting the day’s key factors, and what traders should be aware of.
Customer service
One thing that has driven me mad over the past few years is that trading platforms seem to have become massively self-serving. In that, they are only interested in getting more customers, and onboarding traders, so that they can say they have seen massive growth and a race to the bottom for pricing. What this means, of course, is that there is too much emphasis on the platform and not enough on the client. For example, if you try and phone up most brokers, you can’t actually get through to anyone to ask a simple question from someone who knows what they are talking about. But, when writing this review, I needed clarification on a couple of points. First I used the chat box on the trading platform and got through to someone almost immediately, without even a whiff of an automated chatbot. Then, when I phoned the dealing desk for something else, the phone was picked by one of their dealers, who was very helpful and sent all the info I needed via email a few minutes later. For retail traders, you don’t really get that anywhere else.
64% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Awards
Spreadex have always done very well in our awards, they most recently won “best customer service” in our 2023 awards and have previously won “best spread betting broker” in 2019.
64% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Video Demo
64% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Facts & Figures
Spreadex Total Markets | 10000 |
➡️ Forex Pairs | 54 |
➡️ Commodities | 20 |
➡️ Indices | 17 |
➡️ UK Stocks | 1575 |
➡️ US Stocks | 2110 |
➡️ ETFs | 160 |
Spreadex Key Info | |
👉 Number Active Clients | 4000 |
💰 Minimum Deposit | 0 |
❔ Inactivity Fee | 0 |
📅 Founded | 1999 |
⬜ Public Company | ❌ |
Spreadex Account Types | |
➡️ CFD Trading | ✔️ |
➡️ Forex Trading | ✔️ |
➡️ Spread Betting | ✔️ |
➡️ DMA (Direct Market Access) | ❌ |
➡️ Futures Trading | ❌ |
➡️ Options Trading | ✔️ |
➡️ Investing Account | ❌ |
Spreadex Average Fees | |
➡️ FTSE 100 | 1 |
➡️ DAX 30 | 1 |
➡️ DJIA | 2.4 |
➡️ NASDAQ | 2 |
➡️S&P 500 | 0.6 |
➡️ EURUSD | 0.6 |
➡️ GBPUSD | 0.9 |
➡️ USDJPY | 0.9 |
➡️ Gold | 0.3 |
➡️ Crude Oil | 0.28 |
➡️ UK Stocks | 0.1% |
➡️ US Stocks | 0.15% (max $3.5) |
64% of retail investor accounts lose money when trading CFDs with this provider
Is Spreadex good for forex trading?
Yes, we rate Spreadex as particularly good for forex spread betting, which is a form of trading where you do not have to pay capital gains tax on your profits. Spreadex focuses on tax-efficient forex spread betting but has recently added the ability for traders outside of the UK to use their platform by trading
Is Spreadex’s trading app any good?
Yes, the Spreadex trading app is suitable for high-volume traders and for those who want access to a broad range of markets on mobile. The Spreadex trading app, as with the main trading platform, offers some of the best customer service and is suited to traders who just require a click-and-trade app and won’t be
What is financial spread betting on Spreadex?
Spreadex offers two types of spread betting. Financial spread betting, which is betting on the financial markets and sports spread betting, which is buying and selling an outcome in sports. Spreadex is one of the last spread betting brokers to offer a mixture of financial and sports spread betting, for those who want to trade
Does Spreadex have a demo trading account?
No, rather frustratingly Spreadex does not offer a demo account of its trading platform. However, if you want to test their platform, and get an idea of functionality you can open a live account without having to deposit funds. This will give you access to the Spreadex live trading platform so you can get an
Is Spreadex’s trading platform any good?
Yes, we rate Spreadex’s trading platform as great for experienced traders, plus they have an excellent bank of dealers for phone trading. Yes, Spreadex is one of the most established online trading platforms and excels in providing personal service to a high-value customer base. I’ve been using them for nearly twenty years now and when I tested
Can you trade options on Spreadex?
Can you trade options on Spreadex? Yes, you can trade options with Spreadex, but you are limited to only a few indices. If you want to trade options as a spread bet, then you are much better off with IG. Or if you are a more sophisticated trader, Saxo and Interactive Brokers offer DMA on
Is it better to CFDs with Spreadex or spread bet?
I would say if you are in the UK it is better to spread bet with Spreadex rather than to trade CFDs. Pricing and market access is exactly the same and the only reason Spreadex started offering CFDs in 2017 was so that they could offer financial trading to non-UK customers. Overall Spreadex is a
Is Spreadex good for indices?
Yes, indices are the most popular asset class with Spreadex’s predominantly UK-based clients as opposed to other brokers like Pepperstone where forex is more popular for international clients. Recently Reduced Index Trading Spreads CFD and spread betting broker Spreadex has trimmed the spread on its US 100 tech index contract which closely follows the performance
What does a financial trader do all day? We spoke to Spreadex to find out.
If you want to know what a stock broker does all day, you may be surprised to hear that it’s not as exciting, as it is in the movies. Well, it is sometimes. I started my career as a stock broker and it mainly consists of admin and helping clients by and sell stocks all
Does Spreadex offer commodity spread trading?
You can trade commodities as a spread bet or CFD with Spreadex, but you cannot trade futures spreads. The difference between the spread in commodities trading for futures is that it’s the difference in price between the front and forward months. Where as, in spread bets and CFDs the spread refers to the difference between
Spreadex offers its clients a new TradingView
Spreadex the St Albans-based Spread Betting and CFD broker has given its customers an early Christmas present. Spreadex adds TradingView trading Spreadex has entered a partnership with one of the world’s biggest charting and social trading platforms, TradingView. Established in 2011 TradingView now has more than 30 million users globally who use its state-of-the-art charting
Jonathan Hufford the founder of Spreadex steps down
News breaks this morning from the Hertfordshire headquarters of spread betting broker Spreadex, that the company’s founder and long-term MD Jonathan Hufford has stepped down from his position, though he will remain a director and board member at the business, in a non-executive capacity. Read our full review of Spreadex here How has Spreadex traded
Spreadex sponsors Fulham F.C.
Spread betting broker Spreadex has become Fulham F.C.’s principal partner over the next two seasons and engage in a number of fan and community initiatives. Fans at Craven Cottage will be getting used to the Spreadex logo as the Championship promotion contenders have signed the firm up on a two year deal. The deal, which
8 new things you may not know you were able to do when trading with Spreadex
If you haven’t read our Spreadex review yet, here are a few new features you may not know you were able to do with the alternative spread betting broker: Get tighter spreads – Spreadex have new variable spreads on FX offer greater value for trading foreign exchange. E.g. trade EUR/USD from a 0.6 spread and
Jonathan Hufford, Spreadex MD, tells us how putting the client first leads to longer term broker relationships
Spreadex has always been regarded as a more gentlemanly broker within the spread betting community. Based just outside London in St Albans, offering one of the largest market coverages for financial trading and still with a trackside presents for traders looking for a punt on the weekends. We wanted to find out exactly how Spreadex
Spreadex wins best spread betting broker at EGR Awards
Spreadex, one of the oldest spread betting brokers in the business has won spread betting operator of the year at the EGR Awards 2017. Spreadex fit nicely into EGR’s (who mainly cover gambling companies) coverage because they are the only financial spread betting broker to offer sports spread betting. Which is basically the same as
Spreadex offers a 50% spread reduction on UK 100 Daily trades all this week
Leading spread betting broker Spreadex has a little treat for customers this week. If you are an existing customer you may well have received an email offering a 50% rebate on UK 100 Daily trades this week. Or FTSE 100 trades if you are not hindered by FTSE trade mark issues. The UK 100 most
Spreadex stops auto closing on daily spread bets
Thankfully Spreadex has stopped daily spread bets closing out automatically at the end of the day. Since spread betting began way back when brokers would offer daily spread bets, that expired at the end of the trading day, but in reality most clients would opt to have them roll over each day. This is good
Spreadex improve their charting package & reduces slippage
Spreadex, one of the leading spread betting brokers has improved it’s charting package. It’s been a long time coming as the Spreadex trading platform doesn’t go in for lots of flashing lights, dark brooding backgrounds or fancy dials. Instead they focus on clear and concise information displayed in an easy to digest format. The new charts are
Spreadex now one of the fastest growing European companies
Spreadex, one of the best spread betting brokers in the UK is one of 78 based in (and around) London to make it onto the FT’s list of fastest 1,000 European companies. Spreadex founded in 1998 was ranked 943 out of 1,000 on the FT’s list published on May 17th 2017 with key stats of: Revenue
Spreadex offering a free copy of Robbie Burn’s latest book ‘Trade Like a Shark’ when you open a new account
Spreadex, one of the leading spread betting brokers and the one generally regarded as having the best customer service has a nice little welcome gift at the moment for new customers. You can get a copy of Robbie Burn’s latest book ‘Trade Like a Shark’ by opening an account and placing just one trade. Robbie Burns
Spreadex FAQs
Spreadex is a financial and sports bookmaker for UK clients and also offers contracts for difference for European traders (who are not eligible for capital gains tax breaks from financial spread betting).
For large amounts, you can request funds to be sent back to your account from Spreadex the same day. But, for smaller transactions, it can take between 1 hour and 3 days to receive funds. This depends on your bank, and how complete your AML documents are.
Spreadex offers financial spread betting which works by letting you place bets on the movement of financial markets. Instead of buying a certain amount of shares in a company, you bet an amount (either in pounds or pence) per point a share price moves.
Yes, Spreadex is a legit and safe trading platform as they are regulated by the FCA and are well established and well respected within the brokerage industry. Spreadex also ranks very highly in our awards for customer service and support.
64% of retail investor accounts lose money when trading CFDs with this provider
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.