Spreadex is the second-highest scoring account in our ranking, and it publishes minimum “from” spreads rather than averages. This review covers Spreadex's financial spread betting account, including a condition on its guaranteed stops that changes when you have to decide about them.
🗺️ FCA regulated: Spreadex Limited (FRN 190941), checked on the FCA register 22 Sep 2026
Updated on 23 Sep 2026: This review was checked against Spreadex’s own UK pages and the FCA Register, and several passages that repeated what other pages own, or that we could not source, were removed, including the account-opening timing and the passages telling a reader which account suits them. A dated support test was added, with a live chat query answered in 5 minutes and resolved, and the app testing on an iPhone 15 Pro and a Google Pixel 8 was recorded. Earlier: Updated on 22 Sep 2026: Spreadex’s minimum deposit now reads £5, as stated on its own UK site, where the page said £0 and "No minimum deposit". Its FCA register check and the date of the check that it is the only broker we rank offering sports spread betting were re-read on 22 Sep 2026. Its platform names now follow Spreadex’s own spelling, and the average of the brokers that publish one is now named as such. Earlier: Updated 19 Sep 2026. A new section answers whether you can trust Spreadex, who owns it, what happens to your money if it fails and how long withdrawals took in our test, each with sources and the date read, 19 September 2026. The FCA register section now opens with whether Spreadex is regulated. The byline now credits David Levy as fact-checker. A sentence notes Spreadex also offers CFDs, with a link to our comparison of the two products. The opening now says the review covers Spreadex’s financial spread betting account. No score, rank or spread figure changed. Earlier: Updated 18 Sep 2026. We changed how we read spreads: we now read each broker’s own UK site and record what kind of figure it publishes, average, typical, fixed, target or minimum. The cost section, the verdict and the pros and cons now follow what Spreadex publishes. No score or rank changed. Earlier: Updated 5 Sep 2026. Two changes on the day. First, a section inviting readers who have traded with Spreadex to tell us what a new customer should know now sits before the FAQ: a rating, how long they have traded, the markets, one thing to know, and their consent. Submissions are read by the team, only reviews we can verify are ever published, and none are published yet; nothing entered there appears on this page. Second, a head-to-head against Trade Nation and IG now sits under the one against our ranking neighbours. Neither account sits either side of this one in our ranking, readers ask for the comparison and the ranking never produced it, and every cell comes from the same data and renders the same nine rows. No figure changed. Earlier: Updated 3 Sep 2026. Three changes on the day. First, a cost band now opens the page: what a spread bet costs at your stake and bet count against the brokers’ average, computed from the same harvest as the spread table further down. Second, the FCA register entry for the authorised firm was re-read and captured, and the capture sits under the section on who you contract with, beside the licence list; the rail’s section list was cut to the sections readers use. Third, the page moved onto the new review layout: a head-to-head against the two accounts either side of it in our ranking, a dated testing log built from the August datasets, a licence list, a per-bet cost tool on the spread table, and a section carrying the third-party ratings read from the platforms themselves, each with the date it was captured. No spread figure, score or rank changed. Earlier: Updated 31 Aug 2026. Four dated tests were added and none was on the page before: a support question timed to first response, an account opening timed to approval, a withdrawal with its fee and its outcome, and both store builds of the app driven on an iPhone and a Pixel. The timed execution figure was already here and has not changed. The sentence saying we have published no assessment of how these platforms perform is retired, because the app test now measures part of what it disclaimed. No spread figure, score or rank changed.
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Minimum deposit£5
PlatformsSpreadex Platform, TradingView
Spread figuresMinimums only 9 of 9 pairs
Spread data read18 Sep 2026
Our Verdict On Spreadex
Spreadex scores 96/100 and ranks 2 of 14. Spreadex publishes only minimum spreads, which we do not compare with averages. Judge it on the rest and check its prices on the platform.
How We Scored Spreadex
Our overall score for Spreadex is 96 out of 100. Below is the assessment behind it: Spreadex marked on each of the criteria we score every account against, each one out of 10.
Criterion
Spreadex
Trading Cost
9 / 10
Trading Experience
9 / 10
Trading Platform
10 / 10
Trust
10 / 10
Range Of Markets
10 / 10
Customer Service
9 / 10
These marks do not add up to the score above, and they are not meant to.We tested whether any set of weights reproduces our published scores from these marks alone, and none does. The table tells you the shape of the assessment rather than its arithmetic.
Our methodology for scoring accounts sets out what each criterion covers, where the data behind it comes from, and which parts of an account we assess rather than test.
Who You Are Actually Contracting With
Spread bets at Spreadex are placed with Spreadex Limited (FRN 190941). The brand and the authorised firm share a name here. A register search for Spreadex therefore returns the company you were looking for, which is not true of every provider we cover.
Our guide to FCA regulation of spread betting publishes the authorised entity and reference number for every provider we track. It also names the brands whose register entry does not return the company you searched for. Our spread betting broker reviews directory covers every brand on this site.
Is Spreadex Regulated By The FCA?
Spreadex Limited is on the Financial Services Register under firm reference number 190941, and its status panel reads Authorised, since 1 Dec 2001. We read the entry on 3 Sep 2026, and the capture below is what the register showed that day.
Spreadex Limited, FRN 190941, on the FCA Financial Services Register: status Authorised, since 1 Dec 2001. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.
The permissions panel is not in the capture, so this page makes no claim about which regulated activities the authorisation covers. Our regulation guide sets out checking a spread betting firm on the FCA register.
Spreadex Trust, Ownership And Client Money Protection
Can You Trust Spreadex?
Spreadex states that, as a retail client, you are covered by negative balance protection, so you cannot lose more than the funds in your account. (Spreadex's own site, read )
Who Owns Spreadex?
Spreadex Limited is owned by Spreadex.Com Limited. The Companies House register of persons with significant control, read on 19 September 2026, records Spreadex.Com Limited as the parent company of the FCA-authorised firm. (Companies House, read )
What Happens To Your Money If Spreadex Fails?
Spreadex states that it holds Retail Client money in a segregated trust account in accordance with FCA regulations, and that this arrangement may not afford complete protection. It also states that most types of investment business are covered by the Financial Services Compensation Scheme up to the first £85,000. The FSCS's own figure, from fscs.org.uk, is up to £85,000 per eligible person, per firm, for a firm that failed after 1 April 2019. (Spreadex's own site, read ; Spreadex's own site, read ; FSCS, read )
How Long Do Spreadex Withdrawals Take?
We requested a withdrawal on 27 August 2026. The fee was £0 and the funds arrived the next working day. (our August 2026 withdrawal test, requested )
Spreadex Licence And Terms
Regulator
Financial Conduct Authority (FCA)
Authorised entity
Spreadex Limited (FRN 190941)
Register status
Authorised
Authorised since
1 Dec 2001
Register read
3 Sep 2026
Minimum deposit
£5
Guaranteed stops
Offered
Inactivity fee
no inactivity fee
Spreadex Spread Betting Costs
Spreadex publishes only minimum spreads for spread betting on nine of the nine pairs.
We list the minimums below as "from" figures.
This table shows what Spreadex publishes for spread betting on the nine pairs, with the kind of each figure and its window, as read on 18 Sep 2026.
Spreadex runs its own platform alongside third-party software, and the list on our summary table below is the set we have confirmed carries the spread betting account.
Spreadex’s median fill was 152ms across the 15 live orders we timed between 18 and 27 August 2026, mid-pack of the 14 brokers we tested.
We drove both store builds on 22 and 23 August 2026, using an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15.
On Spreadex it took four taps to get from a cold launch to a placed order. Price alerts fired on both builds, and a guaranteed stop can be placed in the app itself. Neither build logged a crash or a stall.
Spreadex against Trade Nation and IG, on the same figures the ranking table uses. These accounts do not sit either side of Spreadex in our ranking, so the pair is a named comparison rather than one the ranking picked, and every cell is a field each rival’s own review renders in the same form. Spreadex takes the first column.
Web-based platform, Mobile trading app, MetaTrader 4, ProRealTime, TradingView
Spreadex Testing Log
Date
What we did and what we found
Both builds driven on an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15 (iOS on 22 Aug 2026, Android on 23 Aug 2026): four taps from login to a placed order, and price alerts fired on both builds.
Support contacted by live chat. First response in 5 minutes; resolved.
Criterion scores read from our master scoring sheet.
Withdrawal requested. Fee £0; the money arrived the next working day.
15 live orders timed between 18 and 27 August 2026. Median fill 152ms, sixth-fastest of the fourteen accounts we timed.
We read its own UK site: minimum "from" spreads on nine of the nine pairs and no average, typical or fixed figure.
What Other Review Sites Say About Spreadex
How popular is Spreadex in the UK?
In August 2026, Spreadex was the most searched of the 14 FCA-regulated spread betting platforms we test, on 40,980 branded Google searches from the UK. The Spreadex brand terms also serve its sports betting business, and the figure cannot be split between the two.
1of 14Search interest rank
40,980
Brand searches, August 2026
-0.3%
vs July 2026
12,240
Login searches
33.3%
Share of all searches
Source: Google search volume, the UK, August 2026.
How this is measured
Google Ads reports how many times a month people in the UK searched each platform’s brand terms, and the platforms are ranked on that figure alone.
A term counts for a platform only when that platform’s own website holds the first organic Google result for it in the UK; bare brand words that any company could own are left out.
A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.
The figures are Google’s for August 2026, read on 15 September 2026, and the first-result check was run on 3 September 2026.
These are Spreadex’s ratings on the platforms below, each read on the date shown and stated in that platform’s own scale.
Spreadex’s Trustpilot profile, captured 3 Sep 2026. The figure in the table is the one the platform showed on that capture date.Spreadex’s Apple App Store listing, captured 3 Sep 2026. The figure in the table is the one the platform showed on that capture date.Spreadex’s Google Play listing, captured 3 Sep 2026. The figure in the table is the one the platform showed on that capture date.
Spreadex At A Glance
🗺️ FCA regulated
Spreadex Limited (FRN 190941)
💰 Minimum deposit
£5
📊 Spread bet platforms
Spreadex Platform, TradingView
🛍️ Markets available
over 10,000
💱 Inactivity fee
no inactivity fee
🛡️ Guaranteed stops
Available
What You Can Bet On
Spreadex publishes these counts on its own market pages.
Forex pairs: over 60
Indices: 30+
ETFs: over 200
Our spread betting markets guide covers what a count of this kind does and does not tell you.
The Sports Side, And Why It Is Not On This Page
Spreadex runs a sports spread betting business alongside the financial one.
Spreadex is the only one of the fourteen brokers we rank that offers sports spread betting alongside financial spread betting, checked against each broker's own pages on 22 September 2026.
Our Spreadex Video Review
Our own video review of the Spreadex spread betting account, from the SpreadBet channel.
From the SpreadBet YouTube channel, where we publish our video reviews of UK spread betting accounts.
Spreadex Pros And Cons
Pros
£5 minimum deposit
Guaranteed stop-loss orders available
Cons
Publishes Minimum Spreads Only
Minimum stake not confirmed
Your Experience With Spreadex
If you have traded with Spreadex, tell us what a new customer should know. Submissions are read by the team. Only reviews we can verify are ever published, and none are published yet. Nothing you enter here appears on this page.
Reviews are never paid for and never edited for a broker.
Spreadex Spread Betting: FAQs
Does Spreadex offer guaranteed stop-loss orders?
Yes, with one condition attached. A guaranteed stop at Spreadex can only be set when you open the trade, so it cannot be added to a position that is already running. Every guaranteed stop carries a premium.
Does Spreadex charge an inactivity fee?
No. Spreadex publishes no inactivity charge, which matters if you trade in bursts rather than continuously.
Is Spreadex the same company as its sports spread betting business?
It is one company running two products. This review covers the financial spread betting account only. We hold no data on the sports side and publish no assessment of it, so nothing on this page is a statement about that product.
61% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Your capital is at risk. Spread betting is leveraged, so losses can exceed the amount you set out to risk on a bet. This page is not financial or tax advice.
Justin Grossbard co-founded Spread-Bet.co.uk with Noam Korbl in 2024, and co-founded the broker comparison network CompareForexBrokers with him in 2014. He has written for Kiplinger, Entrepreneur, Finance Magnates and MoneyShow since 2022, with articles on forex and trading at MoneyShow, Finance Magnates and Kiplinger.
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Spreadex61% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
