The rating, decomposed

Spreadex review

What produced Spreadex's rating - every factor, shown separately.

Last checked

Spreadex rates in the middle, and the average hides the shape of it: strong in one or two categories, clearly weak in others. Regulated by Financial Conduct Authority (FCA), FRN 190941, offering Spreadex Web Platform, Spreadex Mobile App, TradingView.

Our rating

★★★½

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

What it costs to trade

Spread from
0.6 pips
EUR/USD spread
Variable; from 0.6 pips
GBP/USD spread
Variable; from 0.9 pips
Commission
$0 on forex
All-in cost, EUR/USD
From 0.6 pips
Spread type
Variable
Overnight swap
Both: daily/overnight funding may be charged or credited
Deposit fee
None on standard methods
Withdrawal fee
Generally none on standard methods; £25 for CHAPS
Currency conversion
Applicable where currency conversion is required

Cost is scored on what a trade actually costs all in, not on the headline spread.

Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Spreadex lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Bonds, Options, ETFs, Interest Rates
Currency pairs
60+
Total instruments
10,000+
Crypto CFDs
No for UK retail clients
Maximum leverage
1:200
Execution model
Market maker / principal
Execution speed
Not publicly disclosed
Order types
Market, limit, stop, guaranteed stop, stop-loss and platform-specific orders
Servers
UK/global trading infrastructure

Leverage up to 1:200 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

Spreadex covers forex, shares, indices, commodities, bonds, options, etfs, interest rates. A wider range matters less than depth in the instruments you actually trade.

Funding options: debit/credit card, apple pay, google pay, pay by bank, bank transfer, cheque. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms and tools

Platforms
Spreadex Web Platform, Spreadex Mobile App, TradingView
Own platform
Yes
Mobile app
Proprietary
Browser trading
Yes
Automated trading
No MetaTrader EA support
Copy trading
No
Indicators
Advanced integrated technical indicators and drawing tools
Third-party tools
TradingView
API access
Not a standard retail offering

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Regulation and safety

Regulated by
Financial Conduct Authority (FCA), FRN 190941
Regulator tier
Tier 1
Register entry
FCA Financial Services Register, FRN 190941
Client money segregated
Yes
Held at
Approved UK banking institutions; specific bank not prominently disclosed
Negative balance protection
Yes, retail clients
Compensation scheme
FSCS protection for eligible clients, subject to applicable limits
Audited by
Independent statutory auditor
Not available to
Primarily UK-focused; availability depends on residency and jurisdiction

Regulation carries the heaviest weight in the score, which is why it is scored first.

Spreadex holds a tier-one authorisation from FCA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

Check the licence yourself: the FCA Register.

Accounts

Minimum deposit
$5
Account types
Spread Betting, CFD, Professional
Account currencies
GBP primarily
Islamic account
No
Demo account
Yes
Professional account
Yes, Spreadex Pro
Minimum trade size
From £0.01 per point on selected markets
Time to open
Online application; verification dependent

Deposits and withdrawals

Deposit methods
Debit/credit card, Apple Pay, Google Pay, Pay by Bank, bank transfer, cheque
Withdrawal methods
Pay by Bank, Visa/Mastercard, Apple Pay, Google Pay, bank transfer, cheque
Deposit time
Cards/digital payments generally instant; bank transfer dependent
Withdrawal time
Method-dependent; same-day CHAPS available
Minimum withdrawal
£5
Local payment methods
Pay by Bank / UK bank transfer

Support and education

Support hours
24 hours Monday-Friday
Contact channels
Live chat, email, phone
Languages
Primarily English
Telephone
08000 526 570 / +44 (0)1727 895 151
Email
fins@spreadex.com
Live chat response
Typically within minutes
Education
Extensive: Education Hub, beginner guides, trading essentials, strategy and risk-management content
Research
Market analysis, news, trading insights, charting and market information

The company behind the brand

Legal entity
Spreadex Limited
Company number
03720378
Headquarters
St Albans, Hertfordshire, United Kingdom
Founded
1999
Publicly listed
No
Parent company
Independent
Employees
Approx. 100-500
Also trades as
Spreadex

Information is regularly updated. Last compiled from Spreadex's own website on 26 August 2026.

Questions people ask about Spreadex

Why does Spreadex score 7.1 out of ten?

Spreadex scores highest on regulation at 97 out of a hundred and lowest on education at 46. The overall figure is the tracker's own and the categories are what produced it, so the gap between those two is the more useful number.