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Yes, you can trade options with Spreadex, but you are limited to only a few indices. If you want to trade options as a spread bet, then you are much better off with IG. Or if you are a more sophisticated trader, Saxo and Interactive Brokers offer DMA on exchange options trading across all asset classes.

Spreadex Options Trading Review
Spreadex Trading

Name: Spreadex Options Trading

Description: With Spreadex you can trade options as a CFD of spread bet and spreads for UK 100 and Germany 30 start from 4 points with a minimum stake of £2. Whilst you are limited on what you can trade online, Spreadex will let you trade options on the major markets.
72% of retail investor accounts lose money when trading CFDs with this provider.

Summary

  • Options markets available: 5+
  • Options costs: OTC (built into the spread)
  • Minimum deposit: £1
  • Account types: CFDs, spread betting

Spreadex Options Trading

Pros

  • Simple to use platform
  • UK based
  • Options trading via spread bets

Cons

  • Limited options on indices
  • No equity options
  • Pricing
    (4)
  • Market Access
    (3.5)
  • Online Platform
    (4)
  • Customer Service
    (4.5)
  • Research & Analysis
    (4)
Overall
4

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About The Author

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 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.
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