The Spreadex Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | Spreadex offers financial spread betting and CFDs alongside sports spread betting and fixed-odds betting. |
| Main limitation | The proprietary platform and TradingView connection do not provide standard retail API access, copy trading or third-party automated trading support. |
| Most natural fit | Experienced UK users seeking financial markets and sports betting through one account who are comfortable trading manually. |
| Relevant account/platform setup | Standard and Professional accounts, with Spreadex’s web platform and a TradingView connection. |
| FxFind Rating | 8.56/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 9.2/10 |
| Fees and Commissions | 8.0/10 |
| Deposits and Withdrawals | 8.0/10 |
| Tradable Instruments | 8.5/10 |
| Setup | 8.5/10 |
| Account Opening | 8.5/10 |
| Customer Support | 8.5/10 |
| Trading Conditions | 8.5/10 |
| Market Research and Education | 8.0/10 |
The combined financial and sports offering is most relevant to users who want both through one service. Those relying on automated strategies, copy trading or a practice account face a more limited platform setup.
Pros
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Financial spread betting, CFDs, sports spread betting and fixed-odds betting are available through Spreadex.
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The platform covers a range of financial markets and connects with TradingView.
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Retail client funds are segregated, and negative balance protection applies to retail financial spread bets and CFDs.
Cons
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There is no standalone demo account, standard retail API access or copy-trading feature.
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Spreadex does not support third-party trading platforms such as MetaTrader or cTrader.
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Overnight funding and some payment or currency-conversion charges can add costs beyond the spread.
Spreadex by Client Region and Legal Entity
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| United Kingdom | Spreadex Limited | FCA | 190941 | The UK FCA framework applies, including retail-client leverage and product rules, client-money safeguards, and applicable complaint and compensation routes. |
Protection by Entity
Spreadex segregates retail client money from its corporate funds under UK FCA client-money rules. Retail clients may also be eligible for coverage under the UK Financial Services Compensation Scheme, generally up to £85,000 per person, per firm. Negative balance protection applies to retail leveraged financial spread bets and CFDs, but not to Professional accounts or traditional sports spread betting.
Trading Costs by Account and Instrument
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EUR/USD | Broker-reported average: 0.64 pips | Generally no separate commission; costs are included in the spread | Spread betting and CFDs use spread-based pricing. |
| GBP/USD | Broker-reported average: 1.05 pips | Generally no separate commission; costs are included in the spread | Spread betting and CFDs use spread-based pricing. |
| Gold (XAU/USD) | Broker-reported average: 0.34 points | Generally no separate commission; costs are included in the spread | Instrument-specific pricing applies. |
| S&P 500 CFD | Broker-reported average: 0.4 points | Generally no separate commission; costs are included in the spread | Share CFDs and physical shares may carry a separate commission; US stock share CFDs typically incur 0.1% of trade value. |
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding daily rolling spread bets, CFDs or daily futures overnight | Overnight financing charge | Funding applies to positions held past the daily cut-off. Standard futures have no separate overnight holding fee; financing is built into the futures price. |
| Trading, depositing or holding cash in a currency different from the account base currency | Currency conversion markup | A markup applies to the exchange rate for non-base-currency trading amounts and realised profit or loss. Card conversion may instead be handled by the card issuer. |
| Making a small debit-card deposit or using a credit card | Potential deposit charge | Debit-card deposits of £50 or more are free; Spreadex reserves the right to charge £1 for deposits under £50. Credit-card payments incur a 2% administration fee; non-sterling card transactions carry a 2.5% flat fee. |
| Requesting a same-day CHAPS transfer | £25 transfer fee | Standard withdrawals are free; same-day CHAPS withdrawals carry a £25 fee. International or non-sterling transfers may incur additional charges. |
| Leaving an account inactive | No inactivity fee | Spreadex does not charge an inactivity fee. |
Trading frequency and holding time shape ongoing costs. Spreads apply when entering positions, while overnight funding can accumulate on daily rolling products. Share transactions, currency conversion and some payment routes may involve separate charges.
Key Trade-Offs to Consider
A combined financial and sports offering, with separate trading considerations
Spreadex combines financial spread betting and CFDs with sports spread betting and fixed-odds betting. This may suit users seeking both through one service, but financial-market risks and costs remain distinct from those of sports betting. Negative balance protection applies to retail financial spread bets and CFDs, not traditional sports spread betting.
TradingView access without a standard automated-trading setup
Spreadex offers its own browser-based platform and a TradingView connection, but does not support MetaTrader or cTrader, standard API access for retail clients, or copy trading. TradingView supports Pine strategies, server-side alerts and webhooks, but a Pine strategy alone will not execute live trades automatically through Spreadex. Traders requiring a broker-connected automated system or third-party marketplace may need a different platform setup.
Spread-based pricing with costs shaped by holding and payment choices
Most spread betting and forex or index CFD charges are included in the spread, while some share CFDs or physical shares may incur commission. Daily rolling positions can also accrue overnight funding, and card, transfer or currency-conversion charges may apply. The quoted spread is not the full cost for traders who hold positions overnight or use chargeable payment routes.
Build a Trading Setup
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| Standard | Spreadex web platform; TradingView connection | Instrument-specific; spread betting and CFDs are offered | No standard retail API access or third-party automated trading support | Retail leverage is capped at 1:30 on major forex pairs and 1:20 on other markets in the stated UK schedule. | Manual spread betting or CFD trading through a browser-based setup. |
| Professional | Spreadex web platform; TradingView connection | Instrument-specific | Professional clients can occasionally request API access; it is not standard access. | Higher leverage is subject to eligibility, and Professional clients do not receive negative balance protection. | Eligible traders seeking higher leverage who understand the loss of retail protections. |
Platform-Specific Differences
The Spreadex platform is browser-focused, with mobile access through iOS and Android apps. TradingView is also available on web, desktop and mobile. It supports Pine strategies, server-side alerts and webhooks, but strategy orders are evaluated by its broker emulator; unattended live execution requires a compatible broker, API or bridge.
Practical Setup Assessment
Spreadex’s setup is geared towards manual dealing, including scalping and one-click dealing. It does not offer copy trading, social trading or standard retail API access, and there is no standalone demo account. A live Spreadex account can be linked to TradingView’s free Paper Trading feature, which provides a simulated environment within TradingView rather than a separate Spreadex demo account.
Trading Conditions and Position Management
Entering the Market
Spreadex operates as an execution-only market maker. Its proprietary platform supports one-click dealing, and guaranteed stop-loss orders are available. Standard stops are not price-guaranteed: if the market gaps, a stop may close at a price Spreadex considers fair and reasonable unless a Guaranteed Stop is used.
Leverage
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex | 1:30 | 1:200 | UK retail / professional schedule; the maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Indices | 1:20 | 1:200 | UK retail / professional schedule; the maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Commodities | 1:20 | 1:200 | UK retail / professional schedule; the maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Stocks | 1:5 | 1:22 | UK retail / professional schedule; share CFDs do not confer ownership or voting rights. The maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Bonds | N/A | N/A | Not applicable for the stated market/status. |
| Cryptocurrencies | N/A | 1:6 | Not applicable for the stated market/status. |
| Other | N/A | N/A | Not applicable for the stated market/status. |
Margin Calls and Stop-Outs
The margin call level is 100%, and the stop-out margin level is 50%. These thresholds help manage open leveraged positions but do not prevent losses caused by a sudden market gap.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | Trading is manual; the platform supports one-click dealing. |
| Hedging | Allowed | A force-open feature allows opposing positions in the same market. |
| Copy or social trading | Not available | The platform does not automatically replicate other traders’ positions. |
| Retail API or third-party automated trading | Not supported as standard | Professional clients can occasionally request API access; standard retail API access is not offered. |
| VPS hosting | Not available | Spreadex does not support VPS trading. |
Tradable Markets: Range and Restrictions
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 60 | Margin FX trading; swaps may apply. | Maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Indices | 37 | Cash- and futures-referenced index derivatives. | Maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Commodities | 15 | Spot- and futures-referenced commodity derivatives. | Maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Stocks | 3000 | Share CFDs; no ownership or voting rights. | Maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
| Bonds | 10 | Bond and rates derivatives rather than cash bonds. | Instrument availability, leverage and contract terms can vary by account, legal entity and jurisdiction; check the current product specification. |
| Cryptocurrencies | 9 | Crypto access varies by entity and jurisdiction. | Instrument availability, leverage and contract terms can vary by account, legal entity and jurisdiction; check the current product specification. |
| Other | 200 | ETFs, futures, options and other markets. | Instrument availability, leverage and contract terms can vary by account, legal entity and jurisdiction; check the current product specification. |
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
Spreadex requires KYC checks. Applicants may need a government-issued photo ID, such as a passport or driver’s licence, and proof of residence dated within the previous three months, such as a utility bill, bank statement or official government letter. Applicants are also asked for employment details and financial background for risk assessment.
No initial minimum deposit is required to open and test a live account, but at least £5 is needed to register a new funding method, such as a debit card. Professional status is qualification-based. Spreadex is headquartered in the UK, and its restricted-country list includes the United States, Canada, Australia and many other jurisdictions.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Apple Pay | £5 | No broker deposit fee | Instant | Requires a supported Apple device, eligible card and supported country or region. Availability also depends on the broker's payment provider. |
| Google Pay | £5 | No broker deposit fee | Instant | Requires a supported device or country and an eligible card or bank account. Availability depends on the issuer and the broker's payment provider. |
| Maestro | £5 | No broker deposit fee | Instant | Only existing Maestro cards may still be available, and acceptance can be limited. No new Maestro cards have been issued in Europe since July 2023. |
| Mastercard | £5 | No broker deposit fee | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Visa | £5 | No broker deposit fee | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Wire Transfer | £5 | No broker deposit fee | usually within 2 h during business hours | Use the exact beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Apple Pay | £5; if available balance is below £5, full balance can be withdrawn | Free | Usually instant | Not a standalone payout balance; refunds return to the original linked payment card. |
| Google Pay | £5; if available balance is below £5, full balance can be withdrawn | Free | Usually instant | Not a standalone payout balance; refunds return to the original linked payment method. |
| Maestro | £5; if available balance is below £5, full balance can be withdrawn | Free | Often within 2 hours; some card issuers take 2–5 working days | Legacy card brand; availability depends on the broker and issuer of the existing card. |
| Mastercard | £5; if available balance is below £5, full balance can be withdrawn | Free | Often within 2 hours; some card issuers take 2–5 working days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Visa | £5; if available balance is below £5, full balance can be withdrawn | Free | Often within 2 hours; some card issuers take 2–5 working days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Wire Transfer | £5; if available balance is below £5, full balance can be withdrawn | Standard withdrawal free, guaranteed same-day CHAPS £25 | Next working day if requested before 4pm; otherwise within about 2 working days; otherwise within about 2 working days | Enter bank, recipient and SWIFT/BIC details exactly; fees and processing delays may apply. |
Payment Rules
Standard bank and wire transfers are free, while same-day CHAPS transfers carry a £25 charge. Standard withdrawals are free, though international or non-sterling transfers may incur additional charges. Card deposits of £50 or more are free; a £1 fee may apply to debit-card deposits below £50, and credit-card payments incur a 2% administration fee.
Customer Support
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Available | Financial trading support: 24h Monday–Friday; financial desk closes Friday 22:00 and reopens Sunday 21:00 | Human / agent-assisted | English |
| Available | Messages accepted 24/7; financial support staffed 24h Monday–Friday; general customer service 08:00–17:30 daily | Human / agent-assisted | English; asynchronous | |
| Phone | Available | Financial trading desk staffed 24h Monday–Friday; general customer-service phone hours 08:00–17:30 daily | Human / agent-assisted | English |
| Post | Available | Submissions accepted at any time and processed during business hours | Human follow-up / asynchronous | English; non-urgent |
Customer feedback often praises assistance with withdrawal questions and technical support. Some customers report difficulty resolving issues through direct support channels, while others describe interactions as rude or dismissive. These are customer opinions, not verified service outcomes.
Research, Trading Tools, and Education
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Follow scheduled and breaking market developments | Economic Calendar; Market News | Spreadex economic calendar; underlying data vendor not identified. Spreadex news feed; external news vendor not identified. | Access requirements are not specified and may vary by entity or platform. | The calendar covers scheduled macro events, not unscheduled news or every market-moving event. News coverage, latency and provider mix vary. |
| Review market commentary | Market Analysis | Spreadex | Universal public-versus-login access is not specified; availability may vary by entity and platform. | Qualitative or technical commentary; coverage and publishing frequency vary by market and region. |
| View and analyse price movements | Price Charts | Spreadex platform; exact chart and data vendor not identified. | Available through supported platform(s); demo/live eligibility and third-party account connection vary by broker entity and platform. | Chart depth depends on timeframe, data feed and platform features. |
| Learn platform and trading terminology | Education Hub, Video Training Centre, glossary and platform guides | Spreadex | Access requirements are not specified. | Resources cover education and platform use; the available material does not establish a particular course depth or publication schedule. |
Who Spreadex Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| UK users seeking financial trading and sports betting through one service | Spreadex offers financial spread bets and CFDs alongside sports spread betting and fixed-odds bets. | Traditional sports spread betting is outside the negative balance protection that applies to retail financial spread bets and CFDs. |
| Manual spread bettors and CFD traders | The browser-based platform supports one-click dealing, scalping and hedging. | There is no standalone demo account, copy trading or standard retail API access. |
| Eligible Professional clients seeking higher leverage | Professional leverage reaches 1:200 on major forex pairs in the stated schedule. | Professional clients do not receive negative balance protection, and higher leverage is subject to eligibility. |
| Traders requiring automated systems or a third-party trading ecosystem | TradingView offers charting, Pine strategies, alerts and webhooks. | A Pine strategy alone does not execute live trades automatically through Spreadex; MetaTrader, cTrader and standard retail API access are not supported. |
Before you deposit
Key Conditions to Verify Before Funding
Country eligibility Tap to read the check Tap to collapse
Spreadex restricts access in many jurisdictions, including the United States, Canada and Australia. Confirm your country is eligible before registering.
New funding method minimum Tap to read the check Tap to collapse
No initial minimum deposit is required to open a live account, but registering a new funding method requires at least £5.
Card payment charges Tap to read the check Tap to collapse
Debit-card deposits below £50 may incur a £1 fee; credit-card payments carry a 2% administration fee, and non-sterling card transactions carry a 2.5% flat fee.
Professional account protections Tap to read the check Tap to collapse
Professional status is qualification-based and removes negative balance protection. Consider this trade-off alongside any higher leverage.
FxFind's Assessment on Spreadex
Spreadex combines financial spread betting and CFDs with sports spread betting and fixed-odds betting, alongside a broad range of financial markets. Its UK retail framework, segregated client money and negative balance protection on retail financial spread bets and CFDs provide important safeguards. The platform is built around Spreadex’s own web service and TradingView rather than a standard third-party automation ecosystem. There is no standalone demo account, copy trading or standard API access for retail clients, and overnight funding or certain payment charges can add to costs beyond the spread. Experienced UK users who prefer manual trading and want financial and sports products through one service may find the setup relevant. Traders requiring algorithmic execution, a practice account or ownership of underlying shares may prefer a different arrangement; Spreadex share CFDs do not confer ownership or voting rights.
Review method: This assessment draws on broker product, pricing, account, platform, payment and support information; FxFind category scores; instrument and leverage specifications; and customer feedback. See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About Spreadex
Is Spreadex regulated in the UK?
Spreadex Limited is regulated by the FCA for its UK financial services, under licence number 190941. The UK FCA framework governs applicable retail-client rules, client-money safeguards and complaint or compensation routes.
What is Spreadex’s minimum deposit?
No initial minimum deposit is required to open and test a live account. You must deposit at least £5 when registering a new funding method, such as a debit card.
Does Spreadex offer a demo account?
Spreadex does not offer a standalone demo account for its platform or apps. You can access a simulated environment by linking a live Spreadex account to TradingView and using its free Paper Trading feature.
Can I use MetaTrader, copy trading or an API with Spreadex?
Spreadex does not support MetaTrader or cTrader, or offer copy or social trading. Retail clients do not have standard API access; Professional clients can occasionally request it.
What leverage does Spreadex offer?
Under the stated UK schedule, retail leverage is capped at 1:30 on major forex pairs and 1:20 on other forex pairs. Professional clients can access up to 1:200 on major forex pairs, subject to eligibility; asset-specific limits and reductions may apply.
Does Spreadex charge overnight fees or withdrawal fees?
Overnight funding applies to daily rolling spread bets, CFDs and daily futures held past the daily cut-off; standard futures have no separate overnight holding fee. Standard withdrawals are free, while same-day CHAPS withdrawals cost £25 and international or non-sterling transfers may incur extra charges.
Does Spreadex provide negative balance protection?
Retail clients receive negative balance protection on leveraged financial spread bets and CFDs. It does not apply to Professional accounts or traditional sports spread betting.