Spreadex Review 2027Core Trading Conditions and Fees

Spreadex review 2027: a UK specialist with personal service

Spreadex was founded in 1999 by former City dealer Jonathan Hufford and is based in St Albans, north of London. It is unusual in offering both financial spread betting and sports betting under one roof. On the financial side it provides spread bets and CFDs on thousands of markets through its own platform. It is a privately owned, profitable company that has stayed focused on the UK and Ireland, and it is known for attentive customer service. This review covers its financial trading for 2027.

Regulation

Spreadex is authorised and regulated by the UK's Financial Conduct Authority for its financial trading business and by the Gambling Commission for sports betting. Client money is held in segregated accounts under FCA rules, and eligible clients are covered by the Financial Services Compensation Scheme within its limits. The broker does not operate offshore entities.

Spread betting and CFDs

Most clients use spread betting, where profits are generally free of UK capital gains tax and stamp duty under current rules, depending on personal circumstances. CFDs are available for those who prefer them. Forex is priced through the spread, with EUR/USD from 0.6 pips. Major indices and commodities have competitive spreads, and share spread bets are priced with a percentage spread around the market.

Markets

More than 10,000 markets are offered. The range of UK shares is a particular strength, extending to small-cap and AIM-listed companies that many competitors do not cover. Forex, indices, commodities, bonds, interest rates, options and ETFs are also available.

Platform

Spreadex offers its own web platform and mobile apps. They include advanced charts, pattern recognition, price alerts and a full range of order types, with guaranteed stops available on many markets. Accounts can be linked to TradingView. MetaTrader is not supported, so traders who rely on expert advisors will need another broker.

Leverage and deposits

Retail leverage follows FCA rules, 1:30 on major currency pairs, with higher limits for professional clients who qualify. There is no minimum deposit. Deposits and withdrawals by debit card and bank transfer are free. There is no inactivity fee.

Service

Customer service is where Spreadex stands apart. Clients can speak directly to UK-based staff by phone, including dealers who can take orders, and larger clients are given relationship managers. The firm has historically offered credit accounts to eligible customers after affordability checks, a legacy of traditional spread betting. Reviews consistently mention the quality of support.

Research and education

The broker publishes daily market updates and provides guides to spread betting and platform features. Its research is lighter than that of the largest providers, though the essentials are covered.

Opening an account

Applications are completed online and include questions about trading experience and finances, as FCA rules require. Most accounts are approved quickly once identity checks pass. New clients can practise with the platform's tools before trading, and the dealing desk will explain margin and guaranteed stop charges on request. Because tax treatment depends on individual circumstances and can change, anyone relying on the tax position of spread betting should confirm it with an adviser.

Pros and cons

• Service: responsive, UK-based support by phone.
• Range: more than 10,000 markets, strong in UK small caps.
• Regulation: FCA-authorised with no offshore entities.
• Costs: no minimum deposit and no inactivity fee.
• Platform choice: no MetaTrader or automation.
• Availability: UK and Ireland only.

Who is Spreadex for?

Spreadex suits UK and Irish residents who want spread betting with a firm that offers personal service and a deep list of UK shares. International clients and algorithmic traders cannot use it.

Verdict

Spreadex is a well-run, service-led specialist. For 2027 it remains one of the best choices for UK spread bettors. Spread bets and CFDs are complex, and most retail accounts lose money.

Spreadex review: compare the alternatives

This Spreadex review is part of our Top 65 Forex Brokers in 2027 ranking. To compare, read the tastyfx review and the Trade Nation review.