- Spreadex is highly rated in both expert and user reviews, boasting an average of 4.3/5 from 272 user reviews, reflecting strong customer satisfaction.
- Experts commend Spreadex for its exceptional personal service and competitive pricing, highlighting its robust platform for spread betting and CFDs. The company has been recognised as the “best spread betting broker” in the 2024 Good Money Guide Awards, with a total rating of 4.4 based on various criteria including customer service and market access.
- Users frequently praise the platform’s reliability, excellent customer service, and competitive pricing. Many highlight the ease of use and swift execution of trades, while some express concerns about the availability of certain small cap stocks and the pricing structure. Overall, the sentiment is overwhelmingly positive, with users appreciating the comprehensive support and range of trading options available.
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
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.
