Spreadex.com Review Is Spreadex Legit Or Scam

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Contents

Spreadex Review

Spreadex

Leverage: 1:30

Regulation: FCA

Min. Deposit: 0 US$

HQ: UK

Platforms: Spreadex platfrom

Found in: 1999

Spreadex Licenses:

Spreadex Limited – authorized by FCA (UK) registration no. 190941

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Read Spreadex review before you make any decision, hereby we will cover all necessary trading points offered by Spreadex and will give an opinion of whether it is safe to trade with them or not.

What is Spreadex?

The company Spreadex was established back in 1999 and focused on a financial trading service providing, as well spread betting and sports betting, through its maintained office in London. Firstly, Spreadex launched an online sports betting service in 2006 and then followed by the financial online trading platform. Generally, the company shows its positive growth and strives in terms of quality service delivery and presents itself as one of the biggest spread betting firm brokers within the UK.

The company base of clients counted by over 60,000 account holders, which chooses to trade with attractive Spreadex conditions and access to over 10,000 global markets including indices, shares, FX (also with Bitcoin), commodities, bonds, options, Exchange Traded funds and interest rates. Moreover, the company offers the widest selection of AIM stocks in the industry starting with a low 20% margin.

Eventually, by its continuous development of trading offering that walks together with the technology development and necessity to access trading with the latest developments, Spreadex shows its various enhances and additional specifications. Thus, in 2020 Spreadex revamped its online trading platform to include advanced features like one-click trading, standard/ pairs view and customizable trading windows. A few years later, Spreadex released also its new financial fixed odds markets, referred to as “Speed Markets”, allowing to place fixed risk bets on financial markets.

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Furthermore, there is an alternative way to trade directly by making a call to the company team ready t assist in every possible way. Eventually, Spreadex provides not only award-winning support, but also enables education materials, allowing you to learn better through knowledge of the latest trading strategies. Together with that, Spreadex provides market tools and analytics on a regular basis, economic indicators and more, which all assists in your better knowledge and market vision so important in the trading process.

In fact, Spreadex is a company that gained numerous awards as the Best Spread Betting Firm for Customer Service along with other recognitions and listings as the UK’s top 100 most profitable companies etc.

Nevertheless, throughout Spreadex Review like an attractive opportunity you should always check the most important information of the broker’s proposal. In this purpose this review covers the following highlights:

Is Spreadex safe or a scam?

Spreadex is a UK based brokerage and sports betting firm that is fully licensed by the FCA (Financial Conduct Authority), as it’s an essential part of any financial or investment company operating in the UK. Therefore, Spreadex trading offering and opportunity also fully complies with the necessary regulatory requirements and the manner the company is operated. In other words, the only stability you may get from a trading broker is its proven record of reliability through the regulatory framework and the transparency the company may provide, which happens only within the authorized services the company may provide.

Overall, Spradex stable and profitable track record along with sufficient capital requirement proves the company reliability, also bringing you confidence. The customer protection enabled according to the FCA rules as well, while clients can invest knowing that money are safe and kept segregated top-tier bank accounts. In addition, one of the main parts of the requirement is to enable every client participation in the FSCS Scheme that compensates up to 50,000£ in the unlikely event of the company insolvency.

Spreadex Trading Platforms

Spreadex’s trading platform is a fully-customizable, fast and reliable proprietary platform that is available through web or mobile application versions. From a single account Spreadex traders getting access to spread bets and CFDs with advanced charting tools, award-winning execution, price alerts and watch lists. The platform is constantly under development in order to stay up-to-date with modern tools and advanced trading capabilities.

The technical analysis also presents sophisticated drawing tools, extensive price history, powerful indicators, pattern recognition feature and automated Pro Trendlines. So even though there is no availability of MetaTrader4, you would not regret using Spreadex software either.

Along with its technical capabilities, there is a range of assistance tools enabling the clearest vision of the markets that bring the possibility to evaluate or predict further movements for its own better. There are analysis tools with pattern charts, trading updated, candlestick recognitions and indicators that are free to all customers. The vastness of opportunities brings hints for beginners or tools to control the risks, one-click trading, various order types with guaranteed stops and spread-betting strategies along with the comparison to CFDs.

Spreadex Fees

In order to start trading, you obviously should fill the application form and then proceed with further steps alike funding to start live trading. The Spreadex accepts international applications, however, some territories may be restricted due to legal and regulatory reasons.

The account interface allows viewing online history, statements, to receive instant bet confirmations, as well as to set suitable trading preferences all available from a Spreadex single account.

Spreadex spread

Spreadex costs are mainly built into the spread, which are fixed tight spreads for indices, shares, commodities and might be variable for Forex instruments. Thus, the spread is from 1pt n UK100, Germany 30 and 1.7 on Wall St, also see more examples below.

As for the Financial spread betting as a fast, simple and cost-effective trading within the global markets, you may get spreads from 0.6 points and one of the leading margin rates with the specialized provision on UK AIM stocks.

Spreadex Leverage

As for the Leverage levels within our Spreadex Review, we see that being a UK brokerage firm the broker thus obliged towards its restrictions and on how the company should operate. Therefore, the maximum offering available for retail traders goes to 1:30 for major currency pairs and lower for other instruments. As for the professionals, they may access higher leverage ratios once the status is confirmed, along with specified conditions towards spread betting and trading service Spreadex may provide.

What funding methods Spreadex offers?

Spreadex account can be operated on a pay-as-you-go basis, by funding the account by Credit/Debit Cards, Direct Bank transfer or cheque. The basis currencies are an optional choice in GBP, USD or EUR currency.

Spreadex minimum deposit

Spreadex account has no minimum deposit requirement, any obligation to trade or joining fees, however you should check margin requirement for the instrument you will be trading.

Spreadex withdrawal fee

The withdrawals are cleared with a minimum of 50£ with the rule to withdraw only onto the card that was used to deposit funds (as per the regulatory). The CHAPS same-day transfers are also available at the charge of 25£. Spandex does not charge for making payments using UK cards, yet, a 2% administration fee for all credit card payments is applicable, along with a 2.5% flat fee on all card transactions that are not in sterling.

Conclusion on Spreadex

The Spreadex review presents a company, which showed a significant growth within the UK market for its achievement in Spread Betting and Sport betting services. The range of financial instruments and markets through Spreadex offering are widely presented, along with convenient fees and a possibility to enlarge the trading portfolio. There is no need to open different accounts, as the Spreadex account is all in one feature. A proprietary platform is also a powerful software that is packed with tools and capabilities through OTC execution.

Thus, overall the Spreadex is an interesting combination for those who are interested in Spread betting, however, the clients from other countries (apart from the UK) should check the trading possibility according to their country of residence as it may vary.

Nevertheless, it would be great to know your personal opinion about Spreadex, which you may share in the comment area below.

Spreadex Reviews

466 • Great

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Reviews 466

Initially started brilliant then downhill.

Initially started brilliant and thought wow. Great company. Then after few months of being in profit my account gets locked. All of a sudden I cannot access my money because other people are making similar trades to me. What a joke! How am I responsible for other customers. Spoke to customer service and rude arrogant replies from the sports room manager. Currently in limbo awaiting a resolution but no further replies. Looks like this is one that might have to go all the way to the ombudsman

Spreadex is easy to use,great customer service.

I’ve had an account for few years now,it’s easy to log in and navigate yourself around different markets.

Opened an acc and requested the acc to…

Opened an acc and requested the acc to be made no correspondence.
I recieved 12 promo emails in the 10 days of opening the acc, I clicked the unsubscribe link at the bottom of each email but they continued to be sent.
This morning I went onto live chat to close the acc if they could not prevent them from being sent, also spoke to someone in customer services called jess and promised me no more would be sent, but less than 2 hrs later more arrive, I forwarded these to the company and asked why, but 3 hrs later still no reply.
I’ve found the service at spreadex much less than adequate.
Overall betting wise, a decent site, any problems though, dont bother to complain

it is easy to login and follow the…

it is easy to login and follow the various markets

Spreadex are the most professional and…

Spreadex are the most professional and helpful outfit for anyone who thinking of spreadbetting in Aim and the smaller companies sector in the London market.I have been using them for at least 20 years.

Have dealt with spreadex for quite a…

Have dealt with spreadex for quite a while found them very approachable and helpful when asking for items to be added and they do maintain some personal contact would happily recommend

Spreads are ungenerous to the point of…

Spreads are ungenerous to the point of highway robbery. Examples in football are the supremacy spreads which are still at too high a level relative to potential loss or gain. Massive disincentive to bet in play later in matches with you. Reduce the spreads proportionately, at least, and id reconsider, ideally you should incentivise the spreads later in matches ie shrink them even more

Customer service rude abrupt and…

Customer service rude abrupt and ignorant
All nice until you beat them then they change
My spread account got limited to peanuts they don’t like it when you outwit them

They all think they’re hot shots but basically just the folk that wouldn’t make it in the city. Loud obnoxious lot who have watched wall Street a few times and think they’re traders

Obviously pay for reviews as well looking at this lot

Spreadex is a decent firm, run by decent people.

I’ve been a Spreadex customer for about 15 years.

In that time the company has always been supportive and helpful – especially in the chaotic market conditions after the financial crisis in 2008.

Spreadex is particularly useful for small caps – offering spread bets on almost anything, regardless of size. The tiered margin system is much better, and helps prevent getting stuck in geared positions in very illiquid stocks.

Key points to consider;
Avoid “punting” on things that you don’t understand & where you have no edge.
Control the gearing carefully.
Don’t combine excessive gearing & illiquidity.

Providing you keep to the above rules, then spread betting can be lucrative, but only if you know what you’re doing when it comes to stock-picking.

Spreadex are also excellent at “working” orders for me over the phone – enabling me to get the best price execution (well inside the quoted spread usually) combined with the tax & admin advantages of spread bets (nothing to calculate or declare on tax returns).

Overall – highly recommended, but only for people who know what they’re doing, as spread betting can be very dangerous in the wrong hands. – Spreadex is a decent firm, run by decent people.

SpreadEx Review 2020

SpreadEx Guide

SpreadEx are an online broker founded in 1999 offering Forex trading, CFDs trading, and and spread betting trading.

SpreadEx are a global broker and have a head office in UK.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of SpreadEx we break down the pros and cons. What SpreadEx are able to offer, what countries SpreadEx are available in. Who SpreadEx are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with SpreadEx

Losses can exceed deposits

SpreadEx are reputable enough to have a wikipedia page link. Wikipedia content is highly moderated for accuracy. It is very hard to get a Wikipedia page. Open SpreadEx’s Wikipedia page

At the bottom of this review you can also learn about some pretty good alternatives to SpreadEx

With this review we hope to help you see if SpreadEx is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding SpreadEx that will help you get off to a good start in the world of online trading.

SpreadEx Review Table of Contents

SpreadEx what you should know

SpreadEx offer three ways to trade: Forex, CFDs, and spread betting.

With SpreadEx you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with SpreadEx platform.

SpreadEx are able to accommodate various levels of traders whether you are experienced or a beginner.

Are SpreadEx safe?

When choosing a broker like SpreadEx the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1999, and in operation for 21 years SpreadEx have a head office in UK.

SpreadEx is regulated. This means SpreadEx are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to SpreadEx, this will be honored. If SpreadEx violate any regulatory rules their regulated status could be stripped.

Any payments funded to SpreadEx accounts by traders are held in a segregated bank account.

For added security SpreadEx use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with SpreadEx. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker SpreadEx eToro XTB IC Markets
Year Established 1999 2006 2002 2007
Head Office UK Cyprus, UK Poland Australia
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 12,000,000+ 250,000+ 60,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss Yes No Yes No
Learn More Visit SpreadEx Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk Losses can exceed deposits

SpreadEx Pros and Cons

What we like about SpreadEx

  • Used by over 10,000 traders
  • Established in 1999
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $1

What we don’t like about SpreadEx

  • Doesn’t allow EA’s (See alternatives)
  • Not CySEC Regulated (See alternatives)

SpreadEx Financial Regulation and Supervision in more detail

We have checked and SpreadEx is regulated and supervised by reputable organisations. You are able to check every SpreadEx supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with SpreadEx. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client’s investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect SpreadEx traders and provide a safe trading environment.

SpreadEx is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as SpreadEx you should be sure they’re legitimate online agent.

SpreadEx Awards

SpreadEx have won numerious industry awards over the 21 years they have been operating as a financial broker. We list the most notible awards and mentions for SpreadEx below.

  • Wealth and Financial International Winner Best Spread Betting Provider 2020
  • City of London Wealth Management Awards Best Spread Betting Provider 2020 Winner
  • Investment Trends Best Spread Betting Firm for Customer Service award 4 years in a row winner from 2020

SpreadEx General Fees

  • SpreadEx withdrawal fees varies on payment method
  • SpreadEx doesn’t charge inactivity fees
  • SpreadEx doesn’t charge deposit fees
Broker SpreadEx eToro XTB IC Markets
Min Deposit 1 200 0 200
Withdrawl Fees 0, minimum £50 Yes varies No
Inactivity Fees No Yes No No
Deposit Fees No No No Varies
CFD Commission Fees No No Yes Yes

SpreadEx Commissions

  • SpreadEx doesn’t charge commission on CFD instruments.

What can you trade with SpreadEx?

You can trade a wide variety of instruments with SpreadEx over 15,000 instruments infact.

If you are looking at trading currency pairs SpreadEx offer over 55 currency pairs.

Compare SpreadEx with eToro and XTB below.

Broker SpreadEx eToro XTB IC Markets
Instruments Available 15,000 100 1,500 232
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies Visit SpreadEx Visit eToro Visit XTB Visit IC Markets
Forex pairs offered 55 50 50 65
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit SpreadEx Visit eToro Visit XTB Visit IC Markets
Commodities Offered 16 0 21 19
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit SpreadEx Visit eToro Visit XTB Visit IC Markets
Stocks Offered 1000 957 1696 100
UK Shares Yes Yes Yes No
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes

Trading on SpreadEx web platforms and other applications

SpreadEx offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

SpreadEx also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

SpreadEx Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss

SpreadEx Trading Accounts Offered :

  • Demo account
  • Standard account

Can I try SpreadEx before I buy?

SpreadEx offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

SpreadEx withdrawl and funding methods.

SpreadEx offer the below funding payment methods. learn more about SpreadEx

  • Credit cards
  • Bank Transfer
  • Skrill
  • Payoneer
Broker SpreadEx eToro XTB IC Markets
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with SpreadEx?

When opening a trading account with SpreadEx, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on SpreadEx trading platforms here.

Performing trades with SpreadEx

SpreadEx allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. SpreadEx allow you to execute a maxium trade of Variable.

As a market maker, SpreadEx may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

SpreadEx Leverage and SpreadEx CFDs Explained

let’s take a look at some of the basics of using SpreadEx leverage.

SpreadEx offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

SpreadEx leverage magnifies both profits and losses when trading.

Let’s say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the SpreadEx trading platform.

let’s say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It’s grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The SpreadEx leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

SpreadEx CFDs are typically used for short to medium term trades. For example SpreadEx intraday trading.

Limit Risk When Trading with SpreadEx Stop Loss, SpreadEx Stop Limit Orders

A stop-loss order is an order placed with a broker like SpreadEx to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at SpreadEx

To trade effectively with SpreadEx, it’s important to get a have a good understanding of the SpreadEx trading tools and the markets.

SpreadEx offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with SpreadEx.

Take time to look around the SpreadEx platforms and train yourself to think more systematically and logically about the markets. It’s a new skill-set for many, but it is what the market requires of you.

Customer Support at SpreadEx

SpreadEx support a limited number including English

SpreadEx have a double AA grade support rating because SpreadEx offer live chat and email support in multiple languages.

Livechat Support at SpreadEx

SpreadEx does not offer LiveChat Support.

Email Support at SpreadEx

We sent several emails to SpreadEx and answer times overall were excellent. The fastest response from SpreadEx was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with SpreadEx, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from SpreadEx.

Phone Support at SpreadEx

We called SpreadEx and the call was answered very quickly. The call was answered in less than 5 minutes.

The SpreadEx phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual SpreadEx team by calling in varying languages. SpreadEx made an effort to make sure our queries were answered.

Overall great phone support from SpreadEx.

See how SpreadEx Support Compares Against Other Brokers

Broker SpreadEx eToro XTB IC Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit SpreadEx Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk Losses can exceed deposits

What you will need to open an account with SpreadEx

As SpreadEx is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore SpreadEx’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with SpreadEx you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.spreadex.com/ on 12th August 2020.

Watch this SpreadEx Informational Video

Is SpreadEx A Good Broker?

We spent over 3 months examining SpreadEx in depth. Although SpreadEx are not perfect we found many really useful aspects with the overall offering from SpreadEx. Our personal experience of trading with SpreadEx was very good. Weighing up many points SpreadEx is a good broker.

  • SpreadEx have a good track record of offering Forex, CFDs, and spread betting.
  • SpreadEx has a history of over 21 years.
  • SpreadEx has a reasonable sized customer support of at least 10.
  • SpreadEx are regulated by Financial Conduct Authority (FCA). This means SpreadEx fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • SpreadEx have regulation from a Tier 1 reputable country.
  • SpreadEx has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • SpreadEx have an international presence in multiple countries. This includes local SpreadEx seminars and training.
  • SpreadEx are able to hire people from various locations in the world who can better communicate in your local language.

SpreadEx Risk Disclaimer

Losses can exceed deposits

SpreadEx not quite right?

Check out these SpreadEx Alternatives

We have spent years researching the best alternatives to SpreadEx. Click the links below to learn more.

If you feel some of the above SpreadEx are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of SpreadEx alternatives below.

If you would like to see how SpreadEx stands up against other brokers you can read some of our SpreadEx comparisons below. We compare side by side some of our top rated SpreadEx versus comparisons. Read some indepth SpreadEx VS pages below.

SPREADEX Frequently Asked Questions

Can I try SpreadEx before I buy?

SpreadEx offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do SpreadEx accept?

SpreadEx offer the following funding payment methods accept Credit cards, Bank Transfers, Skrill, Payoneer, Wire Transfer, among other payment methods.
Learn more here

Is SpreadEx safe?

SpreadEx are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to SpreadEx accounts by traders are held in a segregated bank account. For added security SpreadEx use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is SpreadEx trading good?

SpreadEx is considered good and reputable to trade with. SpreadExSpreadEx is used by over SpreadEx active traders. SpreadEx offers Forex trading, CFDs trading, and and spread betting trading. Minimum deposit with SpreadEx is mindeposit.

Is SpreadEx trading Legit?

SpreadEx was founded in UK in 1999. SpreadEx has been facilitating trade on the financial markets for over 21 years. SpreadEx offers clients Forex trading, CFDs trading, and and spread betting trading. All funds deposited to SpreadEx are held in segregated tier 1 bank accounts for security. SpreadEx is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is SpreadEx a good broker?

SpreadEx is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.SpreadEx allows Forex trading, CFDs trading, and and spread betting trading.

Is SpreadEx trustworthy broker?

SpreadEx can be considered trustworthy. All money funded to SpreadEx is placed into a segregated tier 1 bank account. this means your money in not held by SpreadEx directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also SpreadEx is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for SpreadEx?

The minimum deposit to trade with SpreadEx is 1.

How long do SpreadEx withdrawals take?

Withdrawing money from SpreadEx processing time varies but averages 2-5 days.

Is SpreadEx regulated?

SpreadEx is regulated by Financial Conduct Authority (FCA).

Is SpreadEx a market maker?

SpreadEx is a market maker. Stocks, currency and other commodities and instruments will be purchased by SpreadEx even if no buyer is lined up.

How can I start trading with SpreadEx?

When opening a trading account with SpreadEx, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on SpreadEx trading platforms here.

Is my money safe with SpreadEx?

SpreadEx is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like SpreadEx is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to SpreadEx, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is SpreadEx a con?

SpreadEx is regulated and well established having been in business for over 21 years. SpreadEx is definitely not a con.

Can you make money with SpreadEx?

Although traders have had great success with SpreadEx. Trading on the financial markets with SpreadEx is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does SpreadEx have fees?

SpreadEx withdrawal fees varies on payment method. SpreadEx doesn’t charge inactivity fees. SpreadEx doesn’t charge deposit fees.

When was SpreadEx founded?

SpreadEx was founded in 1999.

How many people use SpreadEx?

SpreadEx is used by over 10000 registered traders.

What is SpreadEx Headquarters country?

SpreadEx has its head quarters office in UK.

Does SpreadEx offer negative balance protection?

SpreadEx does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does SpreadEx offer guaranteed stop loss?

SpreadEx offers guaranteed stop loss protection. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does SpreadEx allow scalping?

SpreadEx offers scalping.

Does SpreadEx allow hedging?

SpreadEx offers hedging.

Does SpreadEx offer CFD trading?

SpreadEx offers CFD trading.

Does SpreadEx offer STP?

SpreadEx does not offer STP trading.

How many people use SpreadEx?

SpreadEx is used by over 10000 traders.

Is SpreadEx an ECN broker?

SpreadEx does not offer ECN trading.

Does SpreadEx offer a demo account?

SpreadEx offers a demo account.

Does SpreadEx offer an Islamic account?

SpreadEx does not offer Islamic accounts.

What are the funding methods for SpreadEx?

SpreadEx accept the following funding methods : Credit cards, Skrill, Payoneer, Bank Transfer.

SpreadEx review written by Andrew Blumer and Mark Hansen

We hope you found our review of the SpreadEx brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD’s, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

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