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Spreadex Spread Betting Review

#2 of 14 brokers ranked

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

  • Minimum deposit£5
  • PlatformsSpreadex Platform, TradingView
  • Spread figuresMinimums only 9 of 9 pairs
  • Spread data read18 Sep 2026
Spreadex spread betting review

Our spread bet content is supported by broker partners, who pay us on a retainer basis rather than per referral.

Spreadex64% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Visit Spreadex

Our Verdict On Spreadex

Spreadex scores 95/100 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 95 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.

Spreadex marked out of ten on each of the six criteria we score every account against, shown as a bar on each row.
CriterionSpreadex
Trading Cost9 / 10Assessed
Trading Experience9 / 10Assessed
Trading Platform10 / 10Assessed
Trust10 / 10Assessed
Range Of Markets10 / 10Assessed
Customer Service9 / 10Assessed

The overall score shown above the table is the sum of these six marks, each out of 10, divided by 60 and multiplied by 100, rounded half up. No criterion is weighted, and this has been how every score on the site is computed since 24 September 2026.

Our methodology for scoring accounts names the six criteria, what each one covers, and the published sources behind every mark.

Who You Contract With At Spreadex

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.

Spreadex appears on the Spread Bet UK home page among the FCA-regulated providers still offering UK spread betting, listed alphabetically with each name opening its full review.

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.

FCA Financial Services Register entry for Spreadex Limited, firm reference number 190941: the firm details and firm status panels, status Authorised since 1 Dec 2001, captured 3 Sep 2026
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 )

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.

The spread figure Spreadex publishes for spread betting on each currency pair, with the kind of figure and the window it covers.
Currency pairSpreadex publishesKind of figureWindow
EUR/USDfrom 0.6 ptsMinimumno window stated
GBP/USDfrom 0.9 ptsMinimumno window stated
EUR/GBPfrom 0.9 ptsMinimumno window stated
USD/JPYfrom 0.7 ptsMinimumno window stated
AUD/USDfrom 0.6 ptsMinimumno window stated
USD/CADfrom 1.3 ptsMinimumno window stated
AUD/JPYfrom 1.3 ptsMinimumno window stated
EUR/JPYfrom 1.5 ptsMinimumno window stated
USD/SGDfrom 2.5 ptsMinimumno window stated

The averages of the brokers that publish one are published on our page of UK spread betting statistics.

Spreadex's “from” spreads above are floors in points across the nine pairs, and our guide to forex spread betting sets out how points and pips relate.

Our spread betting statistics page publishes the full read if you want the field rather than a single account.

Guaranteed Stops At Spreadex

Guaranteed stop-loss orders are available at Spreadex.

Every guaranteed stop carries a premium, and one can only be set when you open the trade rather than added to a position that is already running.

Our spread betting stop-loss guide covers how the order type behaves in a gapping market.

The Platforms You Can Use At Spreadex

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 lists its app as “Spreadex Spread Betting & CFDs” on both the UK App Store and Google Play, and our comparison of the ranked spread betting apps sets out Spreadex's Trading Platform mark.

Our UK spread betting platform comparison ranks the fourteen accounts on the attributes we can evidence.

Spreadex Versus Pepperstone And Capital.com

Spreadex takes the first column.

Spreadex in the first column, against the brokers ranked either side of it, on the figures our reviews record.
FigureSpreadexPepperstoneCapital.com
Spread Bet Score95/10098/10085/100
Our ranking2 of 141 of 143 of 14
Nine-pair average spreadNo nine-pair figure1.7 ptsNo nine-pair figure
EUR/USD spreadfrom 0.6 pts0.5 ptsNot published
GBP/USD spreadfrom 0.9 pts0.9 ptsNot published
Minimum deposit£5£10£20
Guaranteed stopsYesNoYes
PlatformsSpreadex Platform, TradingViewPepperstone platform, MT4, MT5, cTrader, TradingViewWeb platform, Mobile app, TradingView

Spreadex Versus Trade Nation

Spreadex against Trade Nation, on the same figures the ranking table uses. This account does 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.

Spreadex in the first column, against a rival named by this page, on the same figures the ranking table uses.
FigureSpreadexTrade Nation
Spread Bet Score95/10077/100
Our ranking2 of 148 of 14
Nine-pair average spreadNo nine-pair figureNo nine-pair figure
EUR/USD spreadfrom 0.6 pts0.5
GBP/USD spreadfrom 0.9 pts0.8
Minimum deposit£5£0
Guaranteed stopsYesYes
PlatformsSpreadex Platform, TradingViewTN Trader, TradingView

Spreadex Data Log

Each row of this log is one dated read on Spreadex, giving the date and what was read.
DateWhat was read
Criterion scores read from our master scoring sheet.
FCA register entry read directly: Spreadex Limited, FRN 190941, authorised.
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 September 2026, Spreadex was the most searched of the 14 FCA-regulated spread betting platforms we review, on 40,820 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
40,820
Brand searches, September 2026
-0.4%
vs August 2026
12,240
Login searches
33.9%
Share of all searches

Source: Google search volume, the UK, September 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 September 2026, read on 15 October 2026, and the first-result check was run on 15 October 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 rated on each third-party platform, with the rating scale, the volume of ratings and the date we read it.
Platform Rating Volume Read on
Trustpilot 4.3 out of 5 201 reviews 1 Nov 2026
Apple App Store 4.6 out of 5 230 ratings 1 Nov 2026
Google Play 4.5 out of 5 135 ratings 1 Nov 2026
TradingView 3.7 out of 5 92 reviews 1 Nov 2026
Spreadex’s Trustpilot profile, read 1 Nov 2026: 4.3 out of 5
Spreadex’s Trustpilot profile, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.
Spreadex’s Apple App Store listing, read 1 Nov 2026: 4.6 out of 5
Spreadex’s Apple App Store listing, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.
Spreadex’s Google Play listing, read 1 Nov 2026: 4.5 out of 5
Spreadex’s Google Play listing, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.
Spreadex’s TradingView profile, read 1 Nov 2026: 3.7 out of 5
Spreadex’s TradingView profile, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.

Spreadex At A Glance

Key facts about Spreadex: its FCA-regulated entity, minimum deposit, spread bet platforms, markets, inactivity fee and guaranteed stops.
🗺️ FCA regulated Spreadex Limited (FRN 190941)
💰 Minimum deposit £5
💷 Minimum stake £0.10 a point on UK 100, Daily
📊 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
  • Minimum stake £0.10 a point on UK 100, Daily

Cons

  • Publishes Minimum Spreads Only

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.

Your rating of Spreadex

1 is poor, 5 is excellent.

Markets you traded

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.

Opening A Spreadex Spread Betting Account

If you came here for one market rather than for the account, our pages on spread betting indices and share spread betting cover how those bets are priced. A spread betting loss cannot be set against other gains, since no allowable losses arise, and for most UK retail traders the position depends on your individual circumstances, and the tax rules for spread betting cover the detail.

Visit Spreadex

64% 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.

About The Author

Justin Grossbard, co-founder of Spread Bet UK
Justin Grossbard

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.

Updated . Updated on 1 Nov 2026: Everything drawn from the August 2026 tests of order execution, the apps and customer service left this Spreadex review alongside their results, because they could not be verified against account records; the Customer Service mark is unchanged at 9/10, resting on the 26 Aug 2026 scoring sheet alone, and the score stays at 95/100.