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Spreadex Review
Spreadex is a UK financial spread betting and CFD provider from St Albans whose related sports betting arm has been fined twice by the Gambling Commission.
Min Deposit
N/A
Spreads From
0.6 pips (EUR/USD average)
Max Leverage
1:30 for retail clients, 1:200 for professional accounts
Platforms
Spreadex web platform, Spreadex mobile app
Pros
- FCA authorised financial spread betting and CFD provider since 1999
- No set minimum deposit needed to open a trading account
- Average EUR/USD spread near 0.6 pips with no separate commission
- Builds its own trading platform and also offers TradingView charting
- Professional accounts can access leverage up to 1:200
Cons
- Sister sports betting arm was fined 2,022,000 GBP by the Gambling Commission in 2025
- This was Spreadex's second gambling related fine after 1.36 million GBP in 2022
- Built mainly for UK and EEA clients rather than a global audience
- Not available to residents of the United States or Turkey
Spreadex Limited is a private UK company from St Albans, incorporated in 1999. The FCA authorises its financial spread betting and CFD business under registration number 190941. A separate sports spread betting and fixed odds arm is regulated by the UK Gambling Commission instead.
On the financial side, traders get spread betting and CFDs on forex, indices, shares, and commodities, with average EUR/USD spreads near 0.6 pips and no set minimum deposit. Leverage runs up to 1:30 for retail clients and 1:200 for professional accounts. Spreadex built its own trading platform and also offers TradingView charting.
The Gambling Commission fined Spreadex 2,022,000 GBP in May 2025 for anti money laundering and social responsibility failings on its casino and betting licence, its second penalty after 1.36 million GBP in 2022. The FCA regulates the financial trading side separately. Spreadex mainly serves UK and EEA clients, and does not accept the United States or Turkey.
Max Leverage
1:30 for retail clients, 1:200 for professional accounts
Spreads From
0.6 pips (EUR/USD average)
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
