Spreadex, one of the best spread betting brokers in the UK is one of 78 based in (and around) London to make it onto the FT’s list of fastest 1,000 European companies.
Spreadex founded in 1998 was ranked 943 out of 1,000 on the FT’s list published on May 17th 2017 with key stats of:
- Revenue Growth 2012-5: 71%
- CAGR (Compound annual growth rate) 2012-5: 19.6%
- Revenue 2015 (‘000EUR): 67,758
- Employees: 111
We note with a chuckle that they were listed in the Travel & leisure category rather than finance. Read our Spreadex Review…
If you haven’t used Spreadex for trading yet, they are well worth a look. We like them because they are the sort of old gent of finance who do a bit on the side as well.
They are the sort of broker you can picture propping up the bar after a particularly good session on the LIFFE floor, then heading off to the track to take bets on the weekend.
Once you open a spread betting account with Spreadex, as well as trading the usual indices, FX and commodities, plus stocks all the way down to tiddly AIM listings, you can also spread bet on sports, politics, placed fixed odds bets and waste a bit of time and money in their casino. You can also bet on football, rugby and lots of other sports through sports spread betting.
Interestingly enough Smarkets, the new betting exchange also made it to the list. For those looking for an alternative to Betfair and Betdaq they offer discounted commission of 2% (compared to Betfair’s 5%) and some fairly decent liquidity.
Smarkets came in at 25, but then they were founded in 2008 and have had some pretty decent VC money pumped in for customer acquisition.
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 The Sunday Times, 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.
You can contact Richard at richard@goodmoneyguide.com
