Spreadex Spread Betting Review
Name: Spreadex Spread Betting
Description: Spreadex is one of the last spread betting brokers to offer a mixture of financial and sports spread betting, for those who want to trade the FTSE during the week and the Footie on the weekend. I’ve used both services for nearly 20 years and have seen them mature along with the industry.
72% of retail investor accounts lose money when trading CFDs with this provider.
Overall, Spreadex is an excellent spread betting broker for those who want personal service and the ability to speculate on financial as well as sports markets.
- Spread betting markets available: 10,000
- Minimum deposit: £1
- Account types: CFDs, spread betting
- Equity overnight financing: 3% +/- SONIA
- Pricing: Shares 0.2%, FTSE 1, GBPUSD 0.9
Based in St Albans, just outside of London Spreadex offers a simple but innovative spread betting platform for trading a wide range of assets. Spreadex has always focused on customer service, winning business from referrals and maintaining long-term relationships with their clients.
It’s a testament to the business that they build their own technology in-house and are reserved with marketing campaigns.
They offer access to over 10,000 markets and recently Spreadex has reduced spreads across the major assets and still offers access to smaller-cap stocks compared to some of the other providers.
The spread betting platform does have some good charting options, such as adding pro trading tools like WVAP and pro trend lines, as well as the usual obligatory technical indicators like Bollinger Bands and Moving Averages. You can see what percentage of clients are long on watchlists and you can quickly go to a specific time point on a chart.
There is also a wide range of ETFs, ETCs and Trackers to spread bet on for sector speculation, and you also have the option to trade political markets.
- Excellent customer service
- Smaller cap stock spread betting
- Proprietory spread betting platform
- Limited spread betting on options
Research & Analysis
- Expert opinion: Spreadex reviewed & rated