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Spreadex Review

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

June 30, 2025

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

See full bio

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Spreadex has a long-standing history as a London-based, FCA-regulated broker. Spreadex's multi-asset offering includes forex, CFDs, spread betting, and options. Traders at Spreadex also gain access to the award-winning TradingView platform along with decent research and educational content. That said, its overall offering is plain vanilla and its lack of additional regulatory licenses brings its Trust Score down.

Minimum Deposit: $0
Trust Score: 71
Tradeable Symbols (Total): 10000

Ratings Awards Historical Ranking

4.0

OVERALL SCORE

Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

Check out ForexBrokers.com's picks for the best forex brokers in 2025.

2025	#39
2024	#44
2023	#44

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Pros & cons

thumb_up_off_alt Pros

Now includes Autochartist signals on web and mobile apps.
Better-than-average spreads and no inactivity fees.
Includes perks like FT access with a 500 GBP deposit.

thumb_down_off_alt Cons

Demo accounts not available on Spreadex web platform.
Research redirects to site instead of full platform integration.
MetaTrader isn’t supported.
Web platform still lacks top-tier interactive features.

My top takeaways for Spreadex in 2025:

Spreadex educational content has improved, although it is still largely limited compared to category leaders.
Spreadex offers perks, such as a free subscription to the Financial Times (FT), when you deposit at least 500 GBP.
There are customizable execution settings and default trade settings, including price tolerance thresholds, and partial fills with Spreadex.

Trust Score

Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.

Is Spreadex safe?

Trust Score

Spreadex is considered Average Risk, with an overall Trust Score of 71 out of 99. Spreadex is not publicly traded and does not operate a bank. Spreadex is authorized by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Spreadex is authorised by the following Tier-1 regulators: the Financial Conduct Authority (FCA). Learn more about Trust Score.

Feature	Spreadex
Year Founded info	1999
Publicly Traded (Listed) info	No
Bank info	No
Tier-1 Licenses info	1
Tier-2 Licenses info	0
Tier-3 Licenses info	0
Tier-4 Licenses info	0

Spreadex Star Ratings

Feature	Spreadex
Overall Rating info
Trust Score info	71
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

FAQs

What is Spreadex?

Founded in 1999, Spreadex is a U.K.-based FCA-regulated broker offering forex trading via CFDs. Though Spreadex offers sports betting and is regulated by the Gambling Commission, the broker's gambling business is separate from its financial trading offering.

For the purpose of this review, we have focused on the broker's financial trading segment. ForexBrokers.com does not review sports betting products (not to be confused with spread betting, which is a financial instrument available to U.K.-based traders).

What is the minimum deposit for Spreadex?

The minimum deposit is $0 at Spreadex. This means you can open a live account and deposit any amount you’d like before you start trading. You can also choose not to deposit funds if you’d like to test the platform without risking your money. Unfortunately, demo accounts are not available at Spreadex except through the TradingView platform.

How do you withdraw money from Spreadex?

To withdraw money from your Spreadex account, either call Customer Service or navigate to the “Withdraw Funds” section under the “My Accounts” tab within the client portal. Funds can be sent back via the original payment method. It’s worth noting that the minimum withdrawal from Spreadex is 50 GBP. If your account balance is lower than 50 GBP, you must withdraw the full balance. One more note: Card withdrawals at Spreadex have a limit of 25,000 GBP per withdrawal, except for Mastercard which is 2,500 GBP at a time.

Is Spreadex a betting exchange?

Spreadex does offer sports betting, though it’s segmented away from its financial trading services. That said, it’s important to note that within Spreadex’s financial trading site, which offers forex and CFDs, spread betting is also available. Spread betting is a tax-free form of financial speculation similar to CFDs (only available to U.K.-based traders) and should not be confused with gambling or sports betting.

Can I trade forex and bet on sports with the same Spreadex account?

The only way to trade forex and sports betting from within the same account at Spreadex is to open a Spreadex professional account.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

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About the Editorial Team

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.