- Spreadex is highly rated in both expert and user reviews, achieving an average of 4.3/5 from 272 user reviews, reflecting strong satisfaction with their services.
- Experts commend Spreadex for its excellent personal service, competitive pricing, and robust platform, highlighting its focus on spread betting and CFDs, as well as its strong customer support and research capabilities.
- Users frequently praise the platform for its reliability, efficient customer service, and competitive spreads. Many appreciate the user-friendly interface and the range of trading options available, while some express concerns about the lack of public listing and the absence of physical investing options.
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
Spreadex Expert Review: Financial Trading With Excellent Personal Service
Provider: Spreadex
Verdict: 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.
61% 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
4.4Tell us what you think of this provider.
61% of retail investor accounts lose money when trading CFDs with this provider
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.
61% 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.
