Is Spreadex safe?
With reference number 190941, the Financial Conduct Authority authorises Spreadex Limited. Is Spreadex safe from clone scammers? Yes, at www.spreadex.com, but nowhere else. Since 1 December 2001, Spreadex Limited has had this status and permission to handle your client money. Authorisation lets you access UK protection schemes, but it can't stop trading losses.
Authorised by the FCAFRN 190941on the register since 1 Dec 20014 clone firms on the register
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. This provider sees 64% of retail investors lose money through spread bets and CFDs. Consider if you can afford the high risk of losing money and know how spread bets and CFDs operate.
On 2 Nov 2026, the wording published by Spreadex on spreadex.com was read.
How Spreadex compares on loss rate with the wider field
Firms on the register that copy Spreadex
The FCA's register includes 4 clone firms that use this firm's name or details., and none of them is Spreadex Limited.
- Savings Options Tradingon the register from 22 Nov 2018
- sspreadex.com (Clone of FCA Authorised Firm)on the register from 22 Dec 2023
- (Clone of FCA authorised firm): Spreadex FX/spreadfx.com. Added 24 Feb 2026.on the register from 24 Feb 2026
- (Clone of FCA authorised firm): spreadex-uk.com. Added 25 Jun 2026.on the register from 25 Jun 2026
Data was read from the FCA Financial Services Register on 2 Nov 2026.
What protects your money
| FSCS | You may receive up to £85,000 per person from the Financial Services Compensation Scheme if Spreadex Limited fails while owing you money. This firm is an FCA authorised UK firm. |
|---|---|
| Negative balance protection | Yes, as the broker states |
| Client money | The register shows permission to hold client money |
Sources: fscs.org.uk/what-we-cover/investments, read 2 Nov 2026; spreadex.com/financials/help-support/faqs, read 2 Nov 2026.
If Spreadex were to fail
The Financial Services Register lists permission for Spreadex Limited to handle your client money. Should an authorised investment firm close, you can seek compensation from the Financial Services Compensation Scheme. If the firm cannot repay everything it holds for you, whether money or assets, the scheme steps in. This is what happens if a failed company has too little money left to return your balance. For firms that fail after 1 April 2019, your coverage is up to £85,000 for each eligible person and each firm.
Compensation is available only when the specific activity carried out for you by the firm is regulated. Before depositing funds, you should have the provider confirm that your activity is both regulated and protected. Poor investment performance never results in a payout from the scheme. With this provider, 64% of retail investors trading spread bets and contracts for differences lose money.
The Financial Ombudsman Service can review any complaint the firm fails to resolve. It can help with an investment problem as long as the FCA regulates the business.
Check the firm and its website
- Go to register.fca.org.uk and open the entry for FRN 190941.
- Make sure the name listed is Spreadex Limited and its status shows Authorised.
- Compare www.spreadex.com, the website shown on the register, with the address displayed in your browser.
- Treat names on the clone list above with caution, along with any call or message requesting that you move money.
Our Spreadex review covers deposits, withdrawals, costs and platforms.
Other options besides Spreadex: other FCA firms that offer spread betting and CFDs
Each firm sits in A to Z order, with none ranked above another.
Common questions answered
Is Spreadex FCA regulated?
Yes, the company falls under Financial Conduct Authority regulation and appears among our FCA regulated forex brokers. The public register shows the firm as fully authorised, not merely registered. Authorised firms may offer you regulated investments and derivatives. Those products aren't available from registered firms, which face supervision only for certain crypto activities. The register also lets you check historic fines and whether the firm may approve financial promotions. You shouldn't use a firm if its status ever appears as revoked or no longer authorised.
With Spreadex, is my money protected?
Negative balance protection is included with your account, so your losses can't exceed what you deposit. Currency trading requires you to pay margin. A small margin deposit controls a larger trade, with 3.33% on GBP/USD as an example. Complain to the firm first if administrative errors, unfair treatment or overcharging cost you money. The free Financial Ombudsman Service can investigate if its final reply doesn't satisfy you. The ombudsman can tell the business to return you to where you would have been without the mistake.
Is Spreadex a legitimate company?
Yes. Founded in 1999, the legitimate UK company trades as Spreadex Ltd. Our Spreadex review covers its platforms and costs. You can trade across over 10,000 markets. These include forex and options, plus spread betting and contracts for differences. You need a minimum deposit of £5, and standard deposits cost nothing. Weekday support runs 24 hours a day by phone, email or live chat. Directory enquiries or Companies House can help you verify the firm's details.
Do any clone firms copy Spreadex?
Yes, the regulator's register lists 4 clone firms using details copied from this broker. Clone firms are unauthorised scams. Fraudsters use them to pretend they work for a genuine company. Scammers use fake contact details, including phone numbers or Gmail and Outlook addresses, while copying either the genuine name or reference number. Without warning, they might contact you and say the official register has outdated information. This is unlikely because the regulator refreshes the register and Firm Checker on average every 24 hours. When the contact details you've received don't agree with the register, call 0800 111 6768 to reach the regulator.