Verification record
Spreadex review
The entity behind Spreadex, its licence, and how to confirm both yourself.
Last checked
Spreadex is a real firm and not an outright scam, though enough is unverified here that we would want the gaps closed before recommending it. Regulated by Financial Conduct Authority (FCA), FRN 190941, offering Spreadex Web Platform, Spreadex Mobile App, TradingView.
Our rating
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.
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
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
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.
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
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
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
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
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.
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
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.
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
- 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
Information is regularly updated. Last compiled from Spreadex's own website on 26 August 2026.
Questions people ask about Spreadex
Is Spreadex a real registered company?
Yes. At Spreadex, the company you would be contracting with is Spreadex Limited, registered as 03720378 and based in St Albans, Hertfordshire, United Kingdom. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is Spreadex regulated, and by whom?
Spreadex holds Financial Conduct Authority (FCA), FRN 190941, which we grade as tier 1. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does Spreadex trade under any other names?
Spreadex also appears as Spreadex. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.