61% of retail investor accounts lose money when trading CFDs with this provider
- Good Money Guide experts regard Spreadex CFD Trading as a solid choice for traders prioritising customer service, highlighting its competitive pricing and a wide range of markets, including smaller UK shares. However, they note limitations in options trading and a focus solely on trading rather than investing.
- Across 272 user reviews on Good Money Guide, averaging 4.3/5, customers frequently commend the excellent customer service, efficient platform, and competitive pricing. Many users appreciate the clear communication and swift execution of trades, while some mention the platform's reliability and the availability of small cap stocks as significant advantages.
Spreadex CFD Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Spreadex CFD Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service5.0
- Research & Analysis4.0
Pros
- Excellent customer service
- Smaller cap stock CFD trading
- Wide range of CFD markets
Cons
- Limited options trading
- Trading only, no investing
See full expert review
Our verdict
Spreadex is a CFD broker that has a huge focus on customer services offers trading on a relatively large amount of markets, 10,000 including lots of smaller UK shares. I’ve used them for about 10 years and know some of the staff well.
61% of retail investor accounts lose money when trading CFDs with this provider
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 good CFD broker for traders that want to trade on major and minor shares and put more of a focus on customer service than technology.
Spreadex has been providing trading since 1999, but only recently introduced CFD trading in 2017. The trading platform, whilst quite basic, does represent what Spreadex is good at, which is the major markets and customer service. Being a smaller CFD broker they have a bank of experienced dealers who can work orders for you and provide support for the CFD app and platform.
Recently Spreadex has become much more competently priced, offering UKX CFD trading with 1 pips spreads, 0.6 pips on EURUSD and 0.2% on UK shares. There is no minimum deposit and no inactivity fee.
Customer reviews for Spreadex
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 272 reviews
- Excellent57%
- Very good26%
- Basic10%
- Poor4%
- Bad3%
Read customer reviews
reliable
customer service
Excellent
All ways provides a good service
god prices
keeps me up to date with options and offers.
excellent
tight spreads
Efficient
Clear communication
Consistent, reliable
Swift and easy execution on entering and exiting the market. Clear and concise platform.
Helpful
Great offers and free trading bets
friendly, helpful and very customer oriented
friendly, helpful and very customer oriented. platform toggles between spread betting and sports
Best ever
Everything
excellent
Their range of products is fantastic and they reply quickly to my problems
Stable
Stable platform and reliable for providing a good service.
Efficient
Fast trading platform, Narrow spreads, Fast banking procedure.
Excellent
Easy to use
Great customer service.
Good clear advice.
good
good
Very good
Treading account,
Spreadex is the best for Treading.
Sport trading
I have got a Professional Financial Times subscription from Spreadex
Fair easy app
Good app plenty promotions
Macro awareness
I have got a free Pro Financial Times subscription
excellent online company
100% trusted company.......fast and excellent customer service and payouts.....never 1 issue ever with anything with spreadex.....
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.
