Spreadex Review 2025

Trust

Spreadex Regulators

When reviewing brokers, we examine the licenses held by each of their entities to determine how effectively they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.

This is what I discovered about the single entity operating under the Spreadex trade name:

• Spreadex Limited is licensed and regulated by the Financial Conduct Authority (FCA) of the UK under license number 190941. We rate the FCA as a Tier-1 regulator.

How Does Spreadex Protect You?

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is how Spreadex protects you:

✅ Segregated accounts – Client funds are kept separate from the company’s own capital.

✅ Negative balance protection – Your losses cannot exceed your invested capital.

✅ Compensation scheme – Spreadex clients are entitled to a maximum compensation of GBP 85,0000 under the FSCS in the case of insolvency.

To learn more about the most important safety mechanisms and how they apply to you, click here.

Stability and Transparency

In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the size of the company, and how openly they share important information.

According to LinkedIn, Spreadex was established in 1999 and employs over 130 professionals. This attests to its longevity and stability.

I dug into Spreadex’s website and legal documents and found them to be pretty transparent. All the key info is easy to find and written in plain language, which is refreshing. I also liked that the broker displays live spread data on its site so traders can quickly gauge how competitive its fees are.

On top of that, Spreadex has a best execution policy, meaning it’s legally bound to give clients the best possible price quotes under current market conditions.

That said, my only real gripe is that the broker doesn’t publish daily swaps or rollover data. The platform points you back to the website for funding numbers, but I couldn’t actually find them listed anywhere.

Is Spreadex Safe?

I concluded that, despite some minor transparency issues, Spreadex is very safe to trade with due to the following factors:

• Authorized by the FCA.
• Protects client money from the broker’s credit risk.
• Provides negative balance protection so your account can’t go below zero.
• Will compensate its clients in case of insolvency.
• Maintains superior execution standards.
• Has transparent legal documents.

Fees

Spreadex Trading Fees

Spreadex Spreads

I tested Spreadex’s spreads on 12 September 2025 during the London and New York opens. The results are shown in the table below:

Spreadex charges low spreads on EURUSD, Germany 40, Apple, and Tesla, as well as average spreads on GBPJPY, XAUUSD, and crude oil. However, it charges high spreads on the Dow Jones 30.

Spreadex Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

I could not assess the competitiveness of Spreadex’s swaps because no relevant data was displayed either on the platform or the website.

Spredex Commissions

Share CFDs with Spreadex are liable for a 0.15% (from 0.02 cents per share) commission on US stocks. The commission rate is average for the industry.

Spreadex Non-Trading Fees

I learned that deposits and withdrawals with Spreadex are cost-free, though third-party processing fees may apply depending on the chosen payment method.

The broker does not charge dormant accounts with an inactivity fee.

Are Spreadex’s Fees Competitive?

The competitiveness of Spreadex’s fees largely depends on the type of trade you make. For instance, EURUSD comes with pretty favorable conditions, while Dow Jones 30 is noticeably less competitive. On the plus side, Spreadex doesn’t charge any non-trading fees (deposits, withdrawals, inactive accounts), which adds to its overall cost appeal.

Platforms and Tools

Spreadex Platform

I tested Spreadex’s web platform and was impressed by its functionality and sophistication. It’s highly customizable and covers a wide range of markets, making it a solid choice for experienced traders who want flexibility and a competitive edge when spotting opportunities.

However, the Spreadex flagship platform doesn’t follow the usual playbook compared to well-known platforms like MetaTrader. Its layout can feel a bit scattered and overwhelming at first—especially for beginners—since it’s built not just for CFD trading but also for sports and spread betting.

Availability & Features

Spreadex platform runs on all major search engines and is available in English.

The available features include:

• Price Alerts: Set alerts when an instrument hits a specific price — ideal for spotting trade entry opportunities.
• Customizable Watchlists: Keep tabs on your favorite instruments with ease.
• One-Click Trading: Enter trades instantly at market price — perfect for scalpers or fast-paced traders.
• Chart Trading: Place and manage orders directly from the chart, including entry points, volume, stop-loss, and take-profit levels.
• Detachable Charts: The platform’s charts are not fixed to the mainframe and can instead be expanded full screen.
• Pro Trading Tools: Automatic trend lines and price overlays for instant price action feedback – ideal for less experienced technical traders.
• Economic Overlays: Demonstrates the market’s reaction to past economic releases – perfect for day traders and news traders.

Spreadex’s platform really stands out for technical analysis. With its wide range of tools and features, it’s a chart-lover’s dream, giving traders everything they need for deep and detailed market analysis.

Charting & Analysis Tools

The Spreadex web platform is loaded with analytical tools, including:

• 58 built-in technical indicators: From trend-following to oscillators and volume-based tools.
• 11 drawing tools: Including Fibonacci retracements, Elliott Waves, and more for technical pattern spotting.
• 17 timeframes: Great for multi-timeframe analysis — one of the largest offerings in the industry.
• 10 chart types: Line, bar, and candlestick options let traders view price action in their preferred format.

The chart screen is versatile and highly customizable. Price action is fluid, represented in high definition, and easily scalable. This makes it easier to interpret and spot viable trading opportunities.

Order Types

The Spreadex web trader offers three execution modes and covers all the core order types needed by most traders:

• Market Orders: Instant execution at the best available price — ideal for quick entries
• Limit Orders: Target a specific price level for entry, though execution isn’t guaranteed.
• Stop Orders: Protect open positions with predefined risk levels. Stop-loss orders automatically convert into market orders once triggered.

Spreadex Platform: My Key Takeaways

Spreadex provides a powerful trading platform with an outstanding user experience, a pleasant look, and robust charting capabilities. I especially enjoyed its unique features, such as the Pro Trend Lines tool. However, despite its many perks, the platform may feel slightly overwhelming for first-time traders because of its unconventional layout.

Spreadex Trading App

The Spreadex app retains the flexibility and sophistication of its web counterpart. The price charts are high-definition and quite fluid, making it possible for traders to scale price action up and down with ease. The app is also integrated with Spreadex’s robust market research, allowing the user to make informed trading decisions on the go.

The mobile app features more than 30 technical indicators, 11 drawing tools, 10 timeframes, and 10 chart types, and also supports market, limit, and stop orders. It also supports one-click trading, trading from the chart, and watchlist customization.

Spreadex Trading App: My Key Takeaways

The Spreadex App boasts an intuitive design and high functionality. I found it to be a great tool for advanced charting and account management on the go.

Spreadex Execution Model

Spreadex operates as principal/counterparty to client orders. They are filled by the broker (market maker) who trades against the client to create liquidity. Essentially, the broker sells against buying orders, and buys against selling orders.

Tradable Instruments

Spreadex offers a strong selection of currency pairs, commodities, share CFDs, and indices, while the number of cryptocurrencies is average for the industry.

What Are CFDs?

CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them.

For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.

The biggest perk? You can jump in or out of the market quickly to take advantage of even the smallest price changes.

What CFDs Can You Trade With Spreadex?

Spreadex Instruments: My Key Takeaways

Spreadex shines when it comes to tradable instruments, offering a broad and diverse lineup. A standout feature is its dual selection of spot and futures forex pairs, giving traders more flexibility in how they approach the market.

The broker also sets itself apart with a massive ETF range, a variety of options contracts, and even periodic IPOs—something you won’t find with many competitors. Overall, the instrument selection (including spread betting options) caters well to all types of traders and speculators.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I tested Spreadex’s customer support during several days by asking a series of questions of varying difficulty.

The first time I connected with a Spreadex agent, the response was almost instant. The second time, I had to wait a few minutes, but in both cases I received prompt and knowledgeable answers.

The only hiccup came when I asked about Spreadex’s swap/rollover charges. At first, the agent didn’t seem to understand my question, and then told me I’d need to verify my account to access that information. In the end, my query wasn’t resolved.

Deposit and Withdrawal

How Do You Deposit Money with Spreadex

How Do You Withdraw Money with Spreadex

Account Types and Terms

How to Open an Account with Spreadex

To open an account with Spreadex, follow these simple steps:

1. Click ‘Create an Account’ from the top-right corner of the main page.
2. Choose your title and enter your name.
3. Provide your email address and choose a username.
4. Enter a password and state your country of residence.
5. State your nationality and select an account type.
6. Confirm you are 18 or over, and agree to Spreadex’s T&Cs.
7. Enter your DOB, phone number, and address info.
8. Elaborate on your trading experience, employment history, and financial background.
9. Configure the parameters of your trading account.
10. Confirm your email address.
11. Upload proof of ID and proof of address to verify your account.

Spreadex Account Types

Spreadex offers a one-size-fits-all CFD Trading account with virtually no minimum deposit restrictions. It is well-calibrated for most trading styles and is especially well-suited for tight risk management.

The minimum stop distance is set at 0.0002 pips, meaning that traders can place their protective stop-loss orders essentially next to the initial entry level. Additionally, Spreadex offers guaranteed stop orders for trading at times of high market volatility or low liquidity.

Demo Accounts

Spreadex does not offer demo accounts.

Swap-Free (Islamic) Accounts

Spreadex does not offer Islamic accounts for swap-free trading.

Professional Account

Traders classified as ‘Professional’ can benefit from certain perks not available to retail traders. These may include higher maximum leverage (1:200) and tighter margin requirements.

To qualify for a professional account, you must meet at least two of the three CFA criteria listed below:

1. Have averaged 10 trades of significant size (in excess of £10k notional for equities and £40k notional for indices, stocks, forex, commodities, cryptocurrencies, bonds, and interest rates) in each of the last four quarters.
2. Have a financial instruments portfolio exceeding EUR 500,000.
3. Have worked in the financial sector, in a position requiring knowledge of derivatives trading, for at least a year.

Note that professional traders are also not entitled to the same safety nets available to retail traders. Primarily, they cannot rely on negative balance protection.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

What Leverage Does Spreadex Offer?

In the table below, I have listed the maximum retail leverage available with Spreadex for instruments from different asset classes:

Spreadex Restricted Countries

Spreades does not accept as clients residents of Afghanistan, Albania, American, Samoa, Argentina, Australia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belize, Botswana, Bouvet Island, Brazil, Burkina Faso, Burundi, Cambodia, Cayman Islands, China, Côte d`Ivoire, Cuba, Democratic Republic of Congo, Egypt, El Salvador, Eritrea, Ethiopia, Fiji, Ghana, Guadeloupe, Guam, Guatemala, Haiti, Honduras, Iran, Iraq, Jamaica, Japan, Jordan, Lebanon, Libya, Mali, Malta, Marshall Islands, Martinique, Mauritius, Morocco, Mozambique, Myanmar, Nicaragua, Nigeria, North Korea, Pakistan, Palestine, Panama, Philippines, Puerto Rico, Russia, Samoa, Saudi Arabia, Senegal, Solomon Islands, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tanzania, Trinidad and Tobago, Tunisia, Uganda, Ukraine, Vatican City, Virgin Islands, United States, Yemen, Zimbabwe, or any other restricted country or jurisdiction where trading is prohibited by law.

Research

Research Tools

• Economic Diary: Spreadex’s proprietary economic calendar informs traders of upcoming market events and economic releases that have the potential to stir a market reaction and create viable trading opportunities.

• Trading Week Ahead: Spreadex’s comprehensive breakdown of key economic events and releases taking place over the week. These articles also cover the market’s reaction and top movers.

• Weekly Trading Update: Spreadex puts out detailed breakdowns of major market events, digging into the what, how, and why behind price moves. The analysis is thorough, though it would be even more useful with supporting price charts.
• Financial Trading Blog: A lighter news feed where traders can quickly catch up on key market updates without getting buried in heavy analysis.

• Weekly Technical Analysis: A streamlined review of key assets’ weekly performance. Spreadex sums up in a neat little table emerging price patterns, underlying sentiment, and readings of prominent technical indicators.

• Trading Signals: Spreadex incorporates highly practical trading signals from the popular Autochartist, which are integrated directly on the trading platform. The signals inform traders of viable trading opportunities.

Each signal contains a price chart analysis, explanation of an emerging pattern, entry price level, target level, stop-loss level, key support and resistance levels, and more. I especially liked that each signal features a duration and status (active or approaching) bar. These allow traders to assess whether the signal is still relevant or if it has expired.

Spreadex Research: My Key Takeaways

Spreadex’s market research is both broad and insightful, helping traders stay on top of the latest developments while spotting new trading opportunities as they unfold.

I particularly liked how the broker blends its in-house analysis with third-party content from Autochartist, giving clients a well-rounded, 360-degree view of market dynamics.

The only real room for improvement would be for Spreadex to bring back its video breakdowns and analyses on YouTube, adding even more depth to an already strong research offering.

Education

Spreadex’s educational hub is organized into five categories: Introduction to Financial Markets, Spread Betting and CFD Trading, Trading With Spreadex, Trading Strategies, and Chart Analysis.

Each section contains several in-depth articles that are detailed yet easy to follow. I especially liked the focus on technical analysis, which goes beyond just the basics. That said, the hub could be stronger if it also covered fundamentals, trading psychology, and risk management to give traders a more well-rounded education.

The Bottom Line

Spreadex is a long-standing, FCA-regulated broker that has carved out a niche with its excellent web platform, TradingView integration, and a product lineup that few competitors can match.

Beyond the usual forex, commodities, and indices, it offers hundreds of ETFs, bonds, options, and even periodic IPOs—making it a unique pick for traders who want access to instruments that aren’t widely available elsewhere. Its platform is also a standout, packed with advanced charting tools, technical overlays, and risk management features that make it a dream for day traders, scalpers, and news traders.

On the flip side, Spreadex’s fees are a mixed bag. While spreads on instruments like EURUSD, Germany 40, Apple, and Tesla are impressively low, I found costs on gold and the Dow Jones 30 to be higher than the industry average. Add in the lack of demo accounts, automated trading, and copy trading, and it may feel limiting compared to more versatile brokers.

Still, if you value cutting-edge platforms, comprehensive research, and access to a truly unique range of instruments, Spreadex remains one of the stronger choices on the UK market—especially for technically driven traders who don’t mind navigating slightly higher costs on certain assets.

FAQ