Spreadex Review 2026

The basic trading model

Spreadex operates as an execution-only market maker, with financial products offered through spread betting and CFDs rather than conventional share dealing. Customers speculate on price movements in markets such as shares, indices, forex and commodities; spread bets and CFDs both use leverage. Spreadex also offers sports spread betting and fixed-odds sports bets.

The company brings financial trading and sports betting together under one account, while using dedicated platforms and apps for its services. Financial trading is available through Spreadex’s proprietary platform, which integrates with TradingView. The financial offer includes more than 10,000 global markets, according to Spreadex.

Important regional differences

Spreadex is headquartered in the United Kingdom and is regulated by the FCA for financial products and the UK Gambling Commission for sports betting. The financial leverage limits described for UK retail accounts are 1:30 on major FX pairs and 1:20 on other instruments; professional clients can access up to 1:200, subject to eligibility. Spreadex restricts access in the United States, Canada, Germany, France and many other jurisdictions, so availability depends on where the customer is based.

Trading costs

Spreadex uses floating spreads. Its average spread figures below are averages, not guaranteed minimums; spreads can vary by market and conditions. Spread betting has no separate commission, while CFD costs are generally incorporated into spreads for forex and indices. Individual share CFDs may carry a commission.

Non-trading costs

There is no inactivity fee. Overnight funding applies to daily rolling spread bets, CFDs and daily futures held past the New York market close; standard futures do not have a separate overnight holding fee because financing costs are incorporated into the futures price. Funding charges are generally based on a benchmark interbank rate plus a Spreadex administration markup, typically around 3.00%. Short positions may receive interest or incur a charge, depending on the benchmark rate and instrument.

Standard deposits and withdrawals are generally free, but exceptions include a £25 charge for same-day CHAPS transfers. Spreadex may charge £1 for debit card deposits below £50, charges a 2% administration fee on credit card payments, and applies a 2.5% flat fee to non-sterling card transactions. Currency conversions on trading activity may also incur a markup to the exchange rate. Bank and card providers may apply their own charges.

Cost takeaway

The spread-based structure avoids a separate commission on spread bets and on many forex or index CFD trades, but it does not remove financing costs for positions held overnight. Share CFDs can involve commissions, and funding or currency conversion can add costs beyond the quoted spread. Compare the relevant market’s spread and holding costs with your expected trading frequency and holding period.

Account options

Spreadex offers Standard and Professional account types. The Professional account involves qualification and may offer higher leverage, but professional status reduces retail protections, including negative balance protection.

Standard accounts retain retail protections and are subject to retail leverage caps. Professional status can increase leverage limits, but it comes with the loss of some protections, so the choice is not simply about access to more buying power.

Platform choices

TradingView adds charting and strategy tools, but a TradingView strategy alone does not automatically execute trades through Spreadex. The Spreadex platform itself is browser-focused rather than a native desktop installation.

Base currency and account configuration

Base currencies are GBP, USD and EUR. Trading or holding funds in a currency different from the account’s base currency can lead to conversion charges. Spreadex does not offer Islamic or swap-free accounts, and positions held past the daily cut-off can incur overnight funding.

There is no standalone demo account for Spreadex’s platform or apps. A simulated TradingView Paper Trading environment is available by linking a live Spreadex account, which means this is not a standard broker demo account.

Spreadex offers leveraged derivative exposure across financial markets. Share exposure is mainly through CFDs, so traders do not own the shares or receive voting rights. Cryptocurrency exposure is generally through leveraged derivatives rather than ownership of coins in a wallet.

The market mix is broad, but the product structure matters: derivatives can create financing charges and do not confer ownership of the underlying share, bond, index or cryptocurrency.

Order execution

Spreadex operates as a market maker and an execution-only, non-advisory broker. Its proprietary platform supports one-click dealing. Standard stops are not price-guaranteed: if the market gaps, a stop may close at a price Spreadex considers fair and reasonable. Guaranteed stop-loss orders are also available.

Leverage, margin and stop-out

For retail clients, leverage is capped at 1:30 on major FX pairs and 1:20 on other instruments. Eligible professional clients can access leverage up to 1:200, but professional accounts do not receive negative balance protection. Spreadex’s margin-call level is 100%, and its stop-out margin level is 50%.

The minimum lot size is 0.1. The amount of leverage and applicable margin can vary by market and account, so the maximum figure should not be treated as applying to every instrument or customer.

Trading restrictions

Spreadex allows scalping and hedging, including holding opposing positions in the same market through its force-open function. News trading is permitted. However, Spreadex does not offer copy trading or social trading, and retail clients do not have standard API access. The platform does not support third-party automated trading systems such as MetaTrader EAs.

News releases can bring wider spreads and slippage, and resting orders may trigger during volatile conditions. Standard stop orders are not guaranteed to execute at the requested price if markets gap.

Day-to-day usability

The proprietary platform is available through desktop web browsers and iOS and Android apps, and it integrates with TradingView. Spreadex also offers an Education Hub, Video Training Centre, glossary and platform guides. Since there is no standalone demo account, traders who want to use Spreadex’s own platform must become familiar with it on a live account.

1. Eligibility

Spreadex restricts customers in many jurisdictions, including the United States, Canada, Germany, France, Australia and Japan. Check whether the service is available in your country before applying. Financial trading and sports betting are subject to separate regulatory regimes in the UK.

2. Registration

Complete the account registration and provide the requested personal details. Spreadex offers Standard and Professional account types; professional status is subject to eligibility and carries different leverage and protection terms.

3. Verification

KYC checks are required. Spreadex may request government-issued photo identification, such as a passport or driving licence, and proof of residence, such as a utility bill, bank statement or official government letter dated within the previous three months. Employment details and financial background information are also required for assessing trading risks.

4. Initial funding

There is no initial minimum deposit required to open and test a live account, but registering a new funding method requires a deposit of at least £5. Payment-method minimums in the funding tables are also £5.

5. Getting ready to trade

Choose the Spreadex web or mobile platform, or connect the live account with TradingView. There is no standalone Spreadex demo account; TradingView Paper Trading can be used as a simulated environment after linking a live Spreadex account. Review leverage, overnight funding and order protections before placing a trade.

Deposits

Deposit options and method-specific processing details are shown below. Broker processing time and payment-provider settlement time are separate measures.

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Visa	£5	No broker deposit fee	Instant	Instant
Maestro	£5	No broker deposit fee	Instant	Instant
Mastercard	£5	No broker deposit fee	Instant	Instant
Wire Transfer	£5	No broker deposit fee	usually within 2 h during business hours	usually within 2 h during business hours
Apple Pay	£5	No broker deposit fee	Instant	Instant
Google Pay	£5	No broker deposit fee	Instant	Instant

Withdrawals

Withdrawal timing varies by method. Some card payouts can take longer to reach the customer even when Spreadex processes them sooner.

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Visa	£5	Free	Often within 2 hours	Often within 2 hours
Maestro	£5	Free	Often within 2 hours	Often within 2 hours
Mastercard	£5	Free	Often within 2 hours	Often within 2 hours
Wire Transfer	£5	Standard withdrawal free, guaranteed same-day CHAPS £25	Next working day if requested before cut-off	Next working day if requested before 4pm
Apple Pay	£5	Free	Usually instant	Usually instant
Google Pay	£5	Free	Usually instant	Usually instant

Standard withdrawals are free, although a guaranteed same-day CHAPS transfer costs £25. Card payouts may take 2–5 business days with some issuers, while bank-transfer withdrawals are typically completed within two working days.

Availability

Financial trading support operates around the clock from 21:00 on Sunday until 21:15 on Friday, rather than 24 hours every day. Customer service hours are 08:00–17:30 daily; sports and customer services are also described as available daily from 07:30 to 22:00.

How traders can get help

Customers can contact Spreadex by live chat, email, phone or post. Financial queries can be sent to [email protected], while [email protected] is another contact email.

Support limitations

Customer feedback includes useful help with withdrawal questions and technical support, but some customers report difficulty getting useful responses through direct support channels and rude or dismissive interactions. Support quality is therefore not consistent across all reported experiences.

Spreadex is a UK-headquartered, privately held company founded in 1999. Its financial products are regulated by the FCA, while its sports betting operations fall under the UK Gambling Commission. Protections depend on the product and customer classification.

Legal entities and regulators

The UK Gambling Commission regulates Spreadex’s sports betting operations. The financial protections described here apply to the relevant financial account and do not automatically extend to sports betting.

Client money protections

Spreadex segregates retail client money from corporate funds in designated client-money bank accounts and holds it as trustee under FCA client-money rules. Eligible clients may be covered by the UK Financial Services Compensation Scheme, generally up to £85,000 per person, per firm.

Negative balance protection applies to retail clients using leveraged financial spread bets and CFDs, limiting their liability to funds in the account. It does not apply to Professional Clients or traditional sports spread betting; losses from sports spread betting can exceed the initial deposit.

Company transparency

Spreadex was founded in 1999, is headquartered in the United Kingdom and is not publicly traded.

Important distinction

Segregation and FSCS eligibility relate to client money and broker failure; they do not protect against losses from trading. Negative balance protection limits losses for qualifying retail financial spread betting and CFD accounts, but not for Professional Clients or sports spread betting.

What the headline claim suggests

Spreadex combines financial trading with sports betting and integrates TradingView, which can make the platform appear to cover both a broad product range and a flexible trading workflow.

What happens in practice

The financial account remains centered on Spreadex’s proprietary platform. There is no support for MetaTrader or cTrader, copy trading is unavailable, and retail clients do not receive standard API access. Spreadex also has no standalone demo account. TradingView Paper Trading is a simulated alternative, but it requires linking a live Spreadex account and does not itself provide universal unattended execution through the broker.

Who should care most

This limitation matters most to traders who depend on third-party platforms, automated systems, copied strategies or a broker demo before risking real funds. It matters less to customers comfortable placing trades manually through Spreadex’s web or mobile platform.

Practical example

A trader can explore simulated orders using TradingView Paper Trading after linking a live Spreadex account, but cannot treat that simulation as a standalone Spreadex demo or assume a Pine strategy will automatically execute live trades through the broker.

Consider Spreadex if you...

• Are an experienced UK user seeking financial spread betting, CFDs and sports betting through one account.
• Prefer Spreadex’s web or mobile platform and want its TradingView integration for charting and strategy tools.
• Trade manually and value access to scalping, hedging and news trading.

You may want to look elsewhere if you...

• Need MetaTrader, cTrader, copy trading or standard retail API access.
• Want a standalone demo account before opening or funding a live account.
• Require an Islamic or swap-free account, or need negative balance protection as a Professional Client or sports spread bettor.

Spreadex’s clearest proposition is the ability to combine financial spread betting and CFDs with sports betting through one account, alongside TradingView integration. Its biggest compromise is a proprietary-platform setup without a standard demo, copy trading or retail API access. Experienced UK traders who are comfortable trading manually and value the combined financial and sports services are most likely to accept that limitation.

This review considers regulation and client protections, account terms, fees, platforms, market coverage, execution rules, funding conditions and customer feedback. Broker claims, regulatory details, structured account and payment terms, and customer opinions are treated as distinct types of evidence; no personal trading test is claimed.

For more detail on how brokers are assessed, see our review methodology.