Yes, spreadex’s trading platform is great for experienced traders, plus they have an excellent bank of dealers for phone trading.
Spreadex Trading Platform Review
Name: Spreadex Trading Platform
Description: Spreadex offers more than 10,000 markets that cover equities, ETFs, commodities FX, Bonds and interest rates. You can also speculate on political markets and trade options on the UK and German markets. There are also some quick-fire watch lists that help you see what stocks and markets are moving.
72% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- 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
Spreadex is one of the most established online trading platforms and excels in providing personal service to a high-value customer base. I’ve been using them for nearly twenty years now and when I tested them for this review and over the years, the trading platform has remained simple yet effective.
It has been entirely developed in-house from St Albans, just outside of London and you can trade directly from charts on the platform or overlay a range of indicators and macroeconomic data.
It’s nice to see a trading platform these days that doesn’t rely copmletely on Tradingview for charting.
You can add pro trading indicators like the VWAP and also save and edit chart templates allowing you to have a consistent view of the markets and the indicators that you like to use.
Overall, Spreadex is a suitable online trading platform for those that know what they are doing that is backed up by experienced dealers, from an established and trusted UK brokerage.
Pros
- Excellent customer service
- Smaller cap stock trading
- Wide market range
Cons
- Limited options trading
- Trading only, no investing
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Pricing
(4)
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Market Access
(4)
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Online Platform
(4)
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Customer Service
(5)
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Research & Analysis
(4.5)
Overall
4.3- Expert opinion: Spreadex reviewed & rated
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.
