61% of retail investor accounts lose money when trading CFDs with this provider
- Good Money Guide experts rate Spreadex Index Trading highly, noting its excellent customer service and easy-to-use trading platform as standout features. The platform offers a low minimum deposit and competitive pricing, although it has limited index options and does not provide direct market access for index trading. Overall, it receives a total rating of 4.2/5, with particularly strong scores for customer service and market access.
- Across 272 user reviews on Good Money Guide, averaging 4.3/5, customers frequently commend the platform's reliable customer service, fast execution of trades, and user-friendly interface. Many users appreciate the competitive pricing and promotions offered, while some express satisfaction with the platform's stability and efficiency. However, a few users mention a desire for more index options in trading.
Spreadex Index 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 Index 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
- Low minimum deposit
- Easy-to-use index trading platform
Cons
- Limited index options trading
- No DMA index trading
See full expert review
Our verdict
Spreadex offers 24 hour indices trading via financial spread betting or Contracts For Difference on the world’s major stock indices – with spreads on the most popular markets from 1pt on UK 100, 1pt on Germany 40 & 1.7pts on Wall Street.
61% of retail investor accounts lose money when trading CFDs with this provider
Summary
- Indices available: 30
- Minimum deposit: £1
- Account types: CFDs, spread betting
- Index pricing: FTSE 1, DAX 1, Dow 4, NASDAQ 2, S&P 0.6
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
Yes, indices are the most popular asset class with Spreadex’s predominantly UK-based clients as opposed to other brokers like Pepperstone where forex is more popular for international clients.
Recently Reduced Index Trading Spreads
CFD and spread betting broker Spreadex has trimmed the spread on its US 100 tech index contract which closely follows the performance of the Nasdaq 100 index. The spread on this very popular index contact will narrow to as little as 1 index point during the peak US session.
The US Tech 100 contract reflects price changes in an index that contains the touchstone stocks of 2024.
Magnificent 7 Stocks such as Apple (AAPL), Meta Platforms (META), Nvidia (NVDA), Microsoft (MSFT) Alphabet (GOOG) Advanced Micro Devices (AMD) and Broadcom (AVGO.
These stocks have been the driving force behind the rally in US equities year to date.
Interest in and the sentiment around technology have been buoyed by the promise of generative AI and the impact it could have on our day-to-day lives.
However, investors recently appeared to lose confidence in the prospects for the Tech sector and the US 100 index fell by as much as -7.00% in April, with Nvidia falling by -10.00% in a single session, though both instruments have now partially recovered.
Tighter spreads but not the tightest
Spreadex decision to trim the spread on the US Tech 100 is to be welcomed.
However, the 1.0 spread on the contract could still look expensive when compared to its broader-based rivals, the S&P 500 and Russell 2000.
The US 500 contract has a spread of 0.4 points and the Russell 2000 contract from 0.3 points at Spreadex.
That difference in pricing is likely down to levels of volatility within the respective indices, though it is worth noting that the S&P 500 and the Russell 2000 include the major Nasdaq 100 stocks.
Competitive Index Trading Spreads
So how does Spreadex’s new US Tech 100 spread compare with the competition?
Well, a spread bet on IG’s daily US Tech 100 carries a spread of 1.0 index points between 14.30 and 21.00 London widening to 2.0 points between 21.00 and 14.30 the following day, though for between 22.00 and 23.00, the spread widens to an unpalatable 5.0 points.
At City Index spread in the US Tech 100 starts at 3.0 points, whilst rival CMC Markets offer spreads on the index from 1.0 point.
The width of a spread can be an important factor, particularly for very active traders, whose marginal profitability can be significantly boosted by tighter trading conditions.
Conversely, of course, the price maker sees a reduction in income when spreads narrow, though they hope to make up for the slimmer margin through an increase in turnover.
For many index traders, however, it’s more about being directionally correct than anything else.
But of course, an extra couple of points in PnL at the end of a trade is always welcome.
Compare Spreadex to other index brokers below:
| Index Trading Platform | Indices Available | Index CFDs | Index Spreads | Index Futures | Index Options | MT4/5 | Customer Reviews | More Info |
|---|---|---|---|---|---|---|---|---|
 | 40 | ✔️ | ✔️ | ❌ | ✔️ | ✔️ | (Based on 125 reviews) | See Platform 69% of retail investor accounts lose money |
 | 40 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (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 |
 | 39 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 146 reviews) | See Platform 76% of retail investor accounts lose money |
 | 13 | ✔️ | ❌ | ✔️ | ✔️ | ❌ | (Based on 1,375 reviews) | See Platform 59.7% of retail investor accounts lose money |
| 30 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 272 reviews) | See Platform 61% of retail investor accounts lose money |
 | 80+ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 746 reviews) | See Platform 70% of retail investor accounts lose money |
 | 80+ | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 237 reviews) | See Platform 69% of retail investor accounts lose money |
 | 29 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 137 reviews) | See Platform 62% of retail investor accounts lose money |
 | 15 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 283 reviews) | See Platform 61% of retail investor accounts lose money |
 | 25 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 139 reviews) | See Platform74% of retail investor accounts lose money |
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