Spreadex review
Founded in 1999, Spreadex Limited · Companies House 03720378
Authorised by the FCAFRN 190941on the register since 1 Dec 20014 clone firms on the register
Our Spreadex review includes Spreadex Limited, which the FCA authorised in 2001 under reference 190941. This UK firm was founded in 1999. Across over 10,000 markets, You can trade forex, options and CFDs, along with spread bets. Here, 64% of retail investors lose money, and 4 clone warnings appear on the register.
- Regulatory status
- Authorised, FRN 190941
- Loss-making retail accounts
- 64% (read on 2 Nov 2026)
- EUR/USD: from spread
- 0.6 points
- Smallest deposit
- £5
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. With this provider, trading spread bets and CFDs means 64% of retail investors lose money. You should assess whether you understand spread bets and CFDs and whether you can afford the high risk of losing money.
Spreadex's wording on spreadex.com was read 2 Nov 2026.
How Spreadex compares on loss rate with the wider field
Where Spreadex stands on the FCA register
Since 1 Dec 2001, Spreadex Limited has been authorised by the FCA, FRN 190941, and it holds client money.
| Firm | Spreadex Limited |
|---|---|
| FRN | 190941 |
| Status | Authorised |
| Authorised since | 1 Dec 2001 |
| Companies House | 03720378 |
| Address on the register | Spreadex Ltd, 26-30 Upper Marlborough Road, St. Albans, Hertfordshire, AL1 3UU, UNITED KINGDOM |
| Website on the register | www.spreadex.com |
Clone firms on the register
The FCA register includes 4 clone firms that use this company'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
- Listed as a Clone of FCA authorised firm: Spreadex FX/spreadfx.com. added 24 Feb 2026.on the register from 24 Feb 2026
- spreadex-uk.com, listed as a clone of an FCA authorised firm. added 25 Jun 2026.on the register from 25 Jun 2026
Check that you are on the genuine website
Spreadex Limited's website is listed as www.spreadex.com on the register. Enter the address yourself instead of following a link in an advert, email or message, then check FRN 190941 on the FCA listing.
Source: FCA Financial Services Register, read 4 Nov 2026
What Spreadex charges in spreads and commission
You pay only through the spread, the gap between the buy price and the sell price. Trading commission and inactivity fees don't apply; EUR/USD begins at 0.6 points, while GBP/USD begins at 0.9 points.
| Market | Account | As stated | Spread |
|---|---|---|---|
| EUR/USD | Spread bet / CFD | From | 0.6 points |
| GBP/USD | Spread bet / CFD | From | 0.9 points |
Account types
| Spread betting / CFD account (single account) | With no commission stated, "You pay through the spread when you trade, and only then"; payment is spread only." |
|---|
Sources: spreadex.com/financials/range-of-markets/forex, read 2 Nov 2026. Also spreadex.com/financials/trading-platforms, read 2 Nov 2026.
Other fees
| Inactivity | no inactivity fee |
|---|---|
| Currency conversion | Card conversions are handled by the card issuer; bank transfers in other currencies use the Barclays retail rate |
| Deposits | free (all standard methods) |
| Withdrawals | free (guaranteed same-day CHAPS £25) |
Sources: spreadex.com/financials/help-support/faqs, read 2 Nov 2026. Also spreadex.com/financials/help-support/deposits-withdrawals, read 2 Nov 2026.
Deposits and withdrawals
| Minimum deposit | £5. all standard deposit methods free |
|---|---|
| Ways to deposit | Choose Pay by Bank, Debit card (with Visa, Mastercard), Credit card (with Visa, Mastercard), Apple Pay or Google Pay, Bank transfer or Cheque. |
| Ways to withdraw | The listed methods are Pay by Bank, Apple Pay / Google Pay, Card, Bank transfer and Cheque. |
| Withdrawal time | Pay by Bank is instant. A card takes up to 2 hours. A bank transfer arrives the next working day if you send it before 4pm. |
Sources: spreadex.com/financials/help-support/faqs, read 2 Nov 2026. Also spreadex.com/financials/help-support/deposits-withdrawals, read 2 Nov 2026.
Products, markets and leverage
| CFDs | Yes |
|---|---|
| Spread betting | Yes |
| Markets | Over 10,000 markets |
| Retail leverage | 3.33% margin on forex (worked example on GBP/USD) |
| Execution | "The firm's promise: if the price moves once you click trade, you won't get a worse level. It uses the best price across several price feeds. |
Sources: spreadex.com/financials/help-support/faqs, read 2 Nov 2026. Also spreadex.com/financials/range-of-markets/forex, read 2 Nov 2026, and spreadex.com/financials/trading-platforms, read 2 Nov 2026.
Spreadex trading platforms
| TradingView | Yes |
|---|---|
| Own platform | Spreadex platform (web, iPad, iPhone, Android) |
Read 2 Nov 2026 from spreadex.com/financials/trading-platforms.
Your protection if the firm runs into trouble
| FSCS | Because Spreadex Limited is a UK firm authorised by the FCA, the Financial Services Compensation Scheme, for each person, can cover up to £85,000 if it fails owing you money. |
|---|---|
| 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. Also spreadex.com/financials/help-support/faqs, read 2 Nov 2026.
Tax on the products traded here
At Spreadex, HMRC doesn't charge Capital Gains Tax on spread bets, while gains from CFDs fall within Capital Gains Tax. Read more in spread betting vs CFDs.
Accounts without swaps, customer support and the mobile app
| Support | Support is available 24 hours a day on weekdays through phone, email and live chat. |
|---|---|
| iPhone app rating | UK App Store, 2 Nov 2026: 230 ratings gave 4.63 out of 5. |
Sources: spreadex.com/financials/help-support/faqs, read 2 Nov 2026. Also itunes.apple.com/lookup, read 2 Nov 2026.
The official Spreadex website
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
How much is the Spreadex minimum deposit?
You need to put £5 into your account. No charge applies to any standard deposit method. You can use Pay by Bank, Visa and Mastercard debit cards or credit cards, along with Apple Pay, Google Pay, a bank transfer or cheque. For bank transfers, the Barclays retail rate applies; your card issuer handles conversions for foreign card payments.
How long does Spreadex take to make withdrawals?
A Pay by Bank withdrawal is instant; card payments arrive within 2 hours at the latest. If you request a Bank transfer before 4pm, the money reaches you the next working day. You may also withdraw through Apple Pay, Google Pay or cheque. You pay nothing for standard withdrawals, but a guaranteed same-day CHAPS payment has a £25 cost.
How does spread betting work with Spreadex?
In one account, You can access spread betting and CFDs, so You can bet on price changes without owning what you trade. Spreadex looks across several price feeds to find your price. After you click trade, Spreadex promises you won't receive a worse level if the market shifts. Negative balance protection comes as part of the service. You can't lose more cash than the amount you put in.
What trading platforms are available at Spreadex?
Through Spreadex, You can trade in a web browser or use apps for iPad, iPhone and Android. A connection to TradingView is available to You. The iOS app has a 4.63 rating based on 230 reviews. Support by phone, email and live chat runs 24 hours a day throughout each weekday whenever You need help.
What margin and leverage does Spreadex require on forex?
The firm's own GBP/USD example indicates that forex trades carry a 3.33% margin rate. Margin is money you deposit to open a larger trade, so your account needs only that fraction of the full trade value. Our margin calculator lets You check the deposit needed for trade sizes you choose.