Spreadex Review

Spreadex Logo

Spreadex is a London-based online broker that offers spread betting and CFD trading services on more than a thousand instruments, spread across eight asset classes namely: forex, commodities, indices, stocks, bonds, ETFs, Options, and cryptocurrency. The broker provides clients with its proprietary web-based trading platform and mobile trading apps, as well as many charting and trading tools such as the Candlestick Pattern Recognition tool.

Spreadex Platforms & Tools

Spreadex Review - Web Trading Platform
Spreadex Review – Web Trading Platform

The broker provides a fully customizable, fast, and reliable proprietary web-based platform for trading spread bets and CFDs. It comes with advanced charting tools with pattern recognition and pro trend lines; price alerts via text, push, or email; and advanced orders including force opens. Spreadex also provides traders with its proprietary mobile trading app, which is available for iPhone, iPad, and Android mobile devices. The mobile apps can be downloaded from the broker’s website, and they help traders to manage accounts and place trades while on the go.

Spreadex Review - Android Trading App
Spreadex Review – Android Trading App

Spreadex clients also benefit from additional trading tools, such as the Candlestick Pattern Recognition, Technical analysis, Economic Diary, and Economic Indicators.

Spreadex Research & Education

The broker provides clients with a wide variety of educational materials that can benefit traders of all experience levels, and they include their financial trading blog, video training center, training guides, and more.

Spreadex Review - Economic Indicators
Spreadex Review – Economic Indicators

Spreadex Trading Accounts

The broker offers a single account type, and with that account, a trader can choose to spread bet on over 1000 tradable instruments available on the platform or trade CFDs. Spreadex accounts do not have any joining fees, minimum deposit requirements, or any obligation to trade. They also offer variable spreads from around 0.6 pips, with no commissions on some instruments.

Spreadex Account Funding

Spreadex accepts payments with any of the following methods: UK debit card, credit card, bank transfer, Cheques, and direct debit. Spreadex does not accept any third party payments, and at the moment, they do not accept deposits from E-wallets such as Moneybookers, PayPal, Neteller, UKash, and others. The transaction processing time depends on the payment method used by the client.

Spreadex Customer Service

Spreadex offers a dedicated customer support team to provide traders with the needed assistance during trading hours. They are available from Mondays to Fridays, 8:00 am to 5:30 pm London time, and they can be reached via live chat, email, and telephone. They are also on social media: LinkedIn, Instagram, Twitter, YouTube, and Facebook.

Spreadex Regulation

Spreadex is a UK financial spread betting broker, so they are fully authorized and regulated by the Financial Conduct Authority (FCA), which is the government body that regulates financial service firms in the UK.

Spreadex Review Summary

Spreadex is a regulated spread betting broker in the UK. They offer spread bets and CFDs on more than a thousand trading instruments via their proprietary web-based trading platform and mobile trading apps. The broker has a wide choice of educational materials, including a video training center. They also provide traders with several useful trading tools.

Spreadex

6.8

Spreads

6.0/10

Liquidity

6.0/10

Commissions

6.5/10

Support

7.5/10

Regulation

8.0/10

Features

  • Advanced charting and trading tools
  • Proprietary trading platform
  • A good selection of educational materials
  • Over a thousand trading instruments across different asset classes