Spreadex wins Best Spread Betting Broker at the Good Money Guide Awards 2024

Best Spread Betting Broker - Good Money Guide Awards Winners 2024

Spreadex won Best Spread Betting Broker this year because of their consistently excellent customer service, as highlighted in reviews on our site. For a product as unique to the UK as financial spread betting, having a broker you can talk to is crucial, and Spreadex excels in adding value through personalized support.

Spreadex Customer Reviews & Expert Rating

The overall score out of 10 combines our expert rating out of 5 with the average customer rating out of 5.
8.7/10Very good

Based on 272 customer reviews and our expert analysis

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61% of retail investor accounts lose money when trading CFDs with this provider

  • Experts commend Spreadex for its exceptional personal service, particularly for spread betting and CFD traders, highlighting its competitive pricing and extensive market access, including smaller cap stocks. The platform is noted for its in-house development, which allows for quick feature updates, and the customer service is rated highly, contributing to its recognition as the "best spread betting broker" in the 2024 Good Money Guide Awards.
  • Across 272 user reviews on Good Money Guide, averaging 4.3/5, customers frequently praise the platform's reliability, excellent customer service, and competitive pricing. Many users appreciate the efficient execution of trades and the user-friendly interface, while some mention the benefits of access to small-cap stocks and the availability of promotions. However, a few users express a desire for more public transparency regarding the company's operations.

Expert rating

Our expert rating is the average of the areas listed here, each scored out of 5 by our team.
4.4Very good

Our experts have rated Spreadex across five key areas of our review framework.

  • Pricing4.5
  • Market Access4.5
  • Online Platform4.0
  • Customer Service5.0
  • Research & Analysis4.0

Pros

  • Spread betting & CFDs
  • Smaller cap stock trading
  • Great customer service

Cons

  • Not publically listed
  • No physical investing
See full expert review

Our verdict

Spreadex is a financial spread betting broker that has been in operation since 1999. It was founded by ex-city trader Jonathan Hufford and unlike many of its peers, it is not based in London, but instead is headquartered in St Albans Hertfordshire. Spreadex offers both financial spread betting and CFD trading from the same account. The company has some 60,000 account holders and offers access to more than 10,000 financial instruments, including UK small-cap shares, where it is something of a specialist.
61% of retail investor accounts lose money when trading CFDs with this provider

Is Spreadex a good broker?

Spreadex offer some of the best personal service for large spread betting and CFD traders and has built a reputation for great tech and trading and as such won "best spread betting broker" in the 2024 Good Money Guide Awards.

Pricing: Spreadex is super competitive and not afraid to undercut the competition
Market Access: Excellent, lots of access to exotic derivatives and smaller cap stocks
Platform & Apps: All developed in house and quick to add new features
Customer Service: Personal service is what sets Spreadex apart from other brokers
Research & Analysis: A good mix of technical indicators on the Spreadex platform and daily briefings from the financial dealing desk.

Customer reviews

Customer ratings come from reviews left on this site. Every review is read and approved before it is published.
4.3Very good

Based on 272 reviews

  • Excellent57%
  • Very good26%
  • Basic10%
  • Poor4%
  • Bad3%
Read customer reviews

Good platform people back up even better

John Mitchell ·

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

John Mitchell ·

All platforms work well these days same at Spreadex, what sets them apart is when you need to call.

Utterly dependable

Jan Latusek ·

I use Spreadex almost every day, for betting on UK and US stocks. From the initial stock search, to the execution of orders and the fast closure of positions, the system works brilliantly. I have other accounts, but Spreadex is by far the best.

Trusted Operator

Pete ·

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

Colleen Paterson ·

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

Michael duff ·

So easy to process your requirements and great customer service and exciting benefits

Excellent

Adrian ·

Brilliant service

Change over to spreadex!

John ·

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

codie walmsley ·

Excellent company and staff

Very helpful

Robert Murdoch ·

Always gives good advice and good deals .

best bookmaker by far

andrew ·

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

😊

Andrea ·

Its real and fast play😊

Can use with trading view

sukbinder singh ·

Used SpreadEx for a few years.Good Platform and being able to use with trading view is an added bonus.

Very good free bets

Jim Atkinson ·

Excellent real value free bets given out and prepared to stand a bet

Excellent availability for small caps

Paul Scott ·

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

David ·

Great offers customer service

Great one-stop shop for trading

Paul Ashton ·

I've used Spreadex for years and they have always been impressed by their customer service. Great tools for traders.

Good spots betting App

A Cullen ·

All round a excellent App

Ok

Michael Nelson ·

Ok

Very good

Georgina Lowery ·

Very good

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