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
Good platform people back up even better
Most platforms work pretty well these days, the same with Spreadex, what set them apart is the speed of answering the phones to trade.
Good platform people back up even better
All platforms work well these days same at Spreadex, what sets them apart is when you need to call.
Utterly dependable
Trusted Operator
I have been using Spreadex Financials since 2007 and happy with the results. Good technical set up and orders/limits/trades executed as expected. Highly recomended.
Most enjoyable
I feel that Spreadex have your interest at heart, yes, even as a betting platform. I hope to have a long journey with them.
Definitely recommend
So easy to process your requirements and great customer service and exciting benefits
Excellent
Brilliant service
Change over to spreadex!
Quick pick up of phone, knowledgeabe, courtious, friendly...I feel very comfortable with this service, even when losing! which is not for very long, ha ha.
Perfect
Excellent company and staff
Very helpful
Always gives good advice and good deals .
best bookmaker by far
worked in the industry for a decade and gambled most of my life and Spreadex are best bookie by far with excellent customer service by people who actually seem to know what they're doing and when the very rare occasion when the advisor cant help they explain and pass it on to the relevant person who can. site is also easy to use with different sports/markets being easy to find. keep up the good work and wouldnt change a thing
😊
Its real and fast play😊
Can use with trading view
Used SpreadEx for a few years.Good Platform and being able to use with trading view is an added bonus.
Very good free bets
Excellent real value free bets given out and prepared to stand a bet
Excellent availability for small caps
I stick to just small caps positions, and telephone orders in for improved pricing. It works very well, and the dealers are all helpful & efficient.
Very good
Great offers customer service
Great one-stop shop for trading
I've used Spreadex for years and they have always been impressed by their customer service. Great tools for traders.
Good spots betting App
All round a excellent App
Ok
Ok
Very good
Very good
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.
