Spreadex Customer Reviews
Tell us what you think of this provider.
5/5
5/5
4/5
4/5
5/5
5/5
4/5
5/5
5/5
5/5
Spreadex Expert Review
Spreadex Expert Review: Financial Trading With Excellent Personal Service
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.
64% of retail investor accounts lose money when trading CFDs with this provider
Is Spreadex a good broker?
Spreadex offer some of the best personal service for large spread betting and CFD traders and has built a reputation for great tech and trading and as such won “best spread betting broker” in the 2024 Good Money Guide Awards.
Pricing: Spreadex is 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 Spreadex platform and daily briefings from the financial dealing desk.
Pros
- Spread betting & CFDs
- Smaller cap stock trading
- Great customer service
Cons
- Not publically listed
- No physical investing
-
Pricing
(4.5)
-
Market Access
(4.5)
-
Online Platform
(4)
-
Customer Service
(5)
-
Research & Analysis
(4)
Overall
4.464% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Facts & Figures
Spreadex Total Markets | 10000 |
| β‘οΈ Forex Pairs | 54 |
| β‘οΈ Commodities | 20 |
| β‘οΈ Indices | 17 |
| β‘οΈ UK Stocks | 1575 |
| β‘οΈ US Stocks | 2110 |
| β‘οΈ ETFs | 160 |
Spreadex Key Info | |
| π Number Active Clients | 4000 |
| π° Minimum Deposit | 0 |
| β Inactivity Fee | 0 |
| π Founded | 1999 |
| β¬ Public Company | β |
Spreadex Account Types | |
| β‘οΈ CFD Trading | βοΈ |
| β‘οΈ Forex Trading | βοΈ |
| β‘οΈ Spread Betting | βοΈ |
| β‘οΈ DMA (Direct Market Access) | β |
| β‘οΈ Futures Trading | β |
| β‘οΈ Options Trading | βοΈ |
| β‘οΈ Investing Account | β |
Spreadex Average Fees | |
| β‘οΈ FTSE 100 | 1 |
| β‘οΈ DAX 30 | 1 |
| β‘οΈ DJIA | 2.4 |
| β‘οΈ NASDAQ | 2 |
| β‘οΈS&P 500 | 0.6 |
| β‘οΈ EURUSD | 0.6 |
| β‘οΈ GBPUSD | 0.9 |
| β‘οΈ USDJPY | 0.9 |
| β‘οΈ Gold | 0.3 |
| β‘οΈ Crude Oil | 0.28 |
| β‘οΈ UK Stocks | 0.1% |
| β‘οΈ US Stocks | 0.15% (max $3.5) |
64% of retail investor accounts lose money when trading CFDs with this provider
Spreadex News
Spreadex Forex Trading Review
Spreadex is 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. Richard BerryRichard 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
CFD Trading on Spreadex versus financial spread betting
Richard BerryRichard 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
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
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 Trading App Review
Richard BerryRichard 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
Spreadex Financial Spread Betting Review
Richard BerryRichard 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
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
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
Spreadex Trading Platform Review
Richard BerryRichard 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
China H-shares trading comes to Spreadex
Spreadex customers can now engage in China H-shares trading through the platform, following a recent update. China H-shares are shares of companies based in mainland China that are listed on the Hong Kong Stock Exchange. These typically have more liquidity than China A-shares, which are listed in the mainland, as they are easier for foreigners
Spreadex wins Best Spread Betting Broker at the Good Money Guide Awards 2024
Spreadex won Best Spread Betting Broker this year because of their consistently excellent customer service, as highlighted in reviews on our site. For a product as unique to the UK as financial spread betting, having a broker you can talk to is crucial, and Spreadex excels in adding value through personalized support. Richard BerryRichard is
Spreadex adds Autochartist trading signals to platform and app
Spreadex has added trading signals to its platform, which provide trading suggestions to users based on chart patterns. The spread betting brokerβs new trading signals, provided by third party market scanner Autochartist, give users trade ideas alongside risk management suggestions and take profit levels. Autochartist, founded in 2004, generates pattern completion graphics based on patterns
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
Spreadex Wins Best Trading Platform Customer Service in the Good Money Guide Awards 2023
Spreadex has always done very well in our awards, they most recently won βbest customer serviceβ in our 2023 awards and have previously won βbest spread betting brokerβ in 2019. Andy MacKenzie from Spreadex said after collecting the award: This award means a lot. Firstly, it’s a reflection of the trust our customers place in
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
Spreadex Trading Video Walkthough & Live Trading Demo
Want to see what it’s like to trade on Spreadex? This video is a walkthrough of the Spreadex trading platform, it highlights key features, tools, and unique aspects of the platform while offering insights into Spreadex’s broader services. ο»Ώ Key Features Highlighted Trading Tools: Users can trade directly from charts, offering enhanced convenience. Includes technical
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.Β 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. Β 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 brokersΒ 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 chartsΒ are
Spreadex now one of the fastest growing European companies
Spreadex, one of the best spread betting brokers in the UKΒ 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 ofΒ 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 The Sunday Times, 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.
You can contact Richard at richard@goodmoneyguide.com
