61% of retail investor accounts lose money when trading CFDs with this provider
- Good Money Guide experts commend Spreadex Commodities Trading for its efficient trading platform and excellent customer service, highlighting tight spreads on commodities and a wide market access. However, they note the absence of direct market access (DMA) for commodities trading as a limitation.
- Across 272 user reviews on Good Money Guide, averaging 4.3/5, customers frequently praise the platform's reliability, excellent customer support, and competitive pricing. Many users appreciate the swift execution of trades and the user-friendly interface, while some mention the need for improvements in specific features.
Spreadex Commodities 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 Commodities Trading across five key areas of our review framework.
- Pricing4.0
- Market Access3.5
- Online Platform4.0
- Customer Service5.0
- Research & Analysis4.0
Pros
- Excellent customer service
- Tight commodity spreads
- Commodities spread betting
Cons
- No DMA commodities trading
See full expert review
Our verdict
Spreadex lets you trade over 20 commodities including Gold from only 0.4pts as a spread bet or CFD. They were also recently voted by traders for ‘Best for Efficiency of Taking Trades’ in the Investment Trends Awards.
61% of retail investor accounts lose money when trading CFDs with this provider
Summary
- Commodities markets available: 20
- Minimum deposit: £1
- Account types: CFDs, spread betting
- Pricing: Gold 0.3, Oil 0.28
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
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 the buy and sell price of a commodity (which is often wider than the DMA on exchange price to incorporate commission).
- Expert opinion: Spreadex reviewed & rated
Compare Spreadex to other commodities trading platforms below:
| Commodity Broker | Commodities Available | CFDs | Spreads | Futures | Options | MT4/5 | Customer Rating | More Info |
|---|---|---|---|---|---|---|---|---|
 | 20 | ✔️ | ✔️ | ❌ | ✔️ | ✔️ | (Based on 125 reviews) | See Platform 69% of retail investor accounts lose money |
 | 20 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 21 reviews) | See Platform 74% of retail CFD accounts lose money. |
 | 28 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 110 reviews) | See Platform 73% of retail investor accounts lose money |
 | 22 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 146 reviews) | See Platform 76% of retail investor accounts lose money |
 | 20 | ✔️ | ❌ | ✔️ | ✔️ | ❌ | (Based on 1,375 reviews) | See Platform 59.7% of retail investor accounts lose money |
 | 20 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 272 reviews) | See Platform 61% of retail investor accounts lose money |
 | 35 | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 746 reviews) | See Platform 70% of retail investor accounts lose money |
 | 100 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 237 reviews) | See Platform 69% of retail investor accounts lose money |
 | 25 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 137 reviews) | See Platform 62% of retail investor accounts lose money |
 | 43 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 283 reviews) | See Platform 61% of retail investor accounts lose money |
 | 22 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 139 reviews) | See Platform74% of retail investor accounts lose money |
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.
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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.
