In this guide

  • Our verdict
  • How we rated Spreadex's investment features
  • Frequently asked questions
  • Your reviews

Our verdict

Spreadex offers low-cost spread betting and CFD trading with 10,000+ markets, find out what our experts thought when testing the platform.

Spreadex stands out as one of the UK's most established specialist spread betting and CFD platforms, securing a strong Finder score of 8.5 out of 10. It does an excellent job combining an enormous multi-asset market universe with a competitive spread-based pricing model and a particularly strong range of trading orders.


Unlike some newer trading apps that focus heavily on simplicity, Spreadex is built around giving experienced traders access to thousands of markets, advanced charting and flexible risk-management tools without charging platform or account-maintenance fees.

Pros

  • No platform, account maintenance or inactivity fees
  • 10,000+ markets to trade
  • Competitive tight spreads
  • Tax-efficient spread betting for UK traders
  • Advanced charting and technical analysis tools
  • Full range of order types
  • Solid customer service and support

Cons

  • There are small share CFD commissions
  • No native retail API/algo execution system
  • No native AI trading workflow integration
  • No conventional demo account
  • Interface is more feature-led than beginner-focused

In this guide

  • Our verdict
  • How we rated Spreadex's investment features
  • Frequently asked questions
  • Your reviews
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How we rated Spreadex's investment features

FeatureScoreDetails
Fees 8.9 Great Spreadex offers competitive low-cost trading all round.
Markets & instruments 9.5 Excellent Huge range of diverse assets and markets plus spread betting.
Tools, resources and features 7 Great Strong charting, order functionality and education, but no native API or AI trading workflows.
Ease of use 8.75 Great Strong cross-platform experience with well-rated mobile apps.

Who might Spreadex suit?

Spreadex is tailored for active traders with existing trading experience who want access to a comprehensive, multi-asset universe alongside the flexibility of the option of spread betting and CFD trading.

Its combination of more than 10,000 markets, advanced charting, guaranteed and trailing stops and flexible price controls makes it particularly attractive to traders who want more than a basic trading interface without being over the top or packed with flashy features.

If you want to check out other brokers, you can compare some of our best CFD and spreading betting platforms.

George Sweeney, DipFA's headshot
Hands-on test: I tried Spreadex’s investing app

"Using Spreadex feels more like stepping into a traditional trading platform than a simplified investing app. The interface is feature-rich, with quick access to markets, watchlists, advanced charts and position-management tools.

The dedicated financial app lets you trade thousands of global markets from your phone, including indices, shares, FX, commodities, interest rates, options and ETFs. Advanced charts, technical indicators, stop and limit orders and price alerts are all built into the mobile experience.

The main trade-off is that Spreadex doesn’t offer the same kind of free, unlimited demo environment as some competing platforms. That means new traders don’t have the same opportunity to test the complete live-market experience with virtual funds before committing real capital."

Deputy editor
A smartphone with the Spreadex trading app open. shows the deal ticket for US Tech 100, where you set your stake, stop and limit before placing a trade.
A smartphone with the Spreadex trading app open. The screen shows Spreadex's popular markets watchlist with sell and buy prices for major indices, commodities and FX pairs.
A smartphone with the Spreadex trading app open. The screen shows a 5-minute candlestick chart for spot gold with live sell and buy prices at the top.
Spreadex’s layout suits UK traders who want spread betting and CFDs on the major indices, commodities and FX pairs without wading through a sprawling market list. The app benefits from keeping balance, margin and available funds pinned on screen, so risk stays in view throughout.

Spreadex fees

Fees score 8.9 Great
Platform fee£0
Share CFD commissionTypically 0.1% – 0.15%
Average GBP/USD spread0.9 pips
Foreign exchange (FX) fee0%
Overnight feeYes (variable swap rates)
Inactivity fee£0
Withdrawal/deposit fee£0 (£5 minimum)

Spreadex offers a relatively clean cost structure for UK traders. There are no joining fees, account-maintenance charges or inactivity fees, while standard deposit methods are free. The minimum deposit is currently £5.

The main costs traders need to monitor are the tight spreads (tighter than most brokers), share CFD commission (typically around 0.1% – 0.15%) and overnight financing.

Spreadex investment choice

Investment choice score 9.5 Excellent
Total instruments10,000+
Spread bettingYes
FX tradingYes
Asset types8+

With 10,000+ instruments to choose from, you’re highly unlikely to outgrow Spreadex’s market coverage. The platform covers shares, indices, forex, commodities, bonds, interest rates, ETFs, options and other financial markets, while UK traders can also access spread betting alongside CFDs.

The addition of spread betting is a major advantage for UK traders (they even offer a separate standalone sports spread betting platform), and this will particularly suit those looking for a potentially tax-efficient way to speculate on financial markets, subject to their individual circumstances and applicable tax rules.

Spreadex tools, resources and features

Tools, resources and features 7 Great
Advanced chartingCharts (proprietary platform)/TradingView
Order type depthFull
Algo/API supportNo (professional traders only)
AI trading accessNot supportive
Learning resourcesEducation hub

Spreadex is particularly strong when it comes to conventional trading tools. Its trading app provides advanced charting, technical analysis indicators, price alerts and risk-management functionality, while traders can use a variety of order types and price tolerance controls (either through TradingView or its proprietary platform, Charts).

However, Spreadex doesn’t currently compete with newer platforms on algorithmic or AI-assisted execution. There is no retail trading API that allows traders to build their own automated execution systems, nor a native AI workflow environment.

Is Spreadex easy to use?

Ease of use score 8.75 Great
Apple iOS rating4.6
Google Play rating4.3
Demo accountNo
Ways to contact customer servicePhone, Live Chat, and Email
UI/UX profileIntermediate
Desktop or mobile appBoth (cross-platform accessibility)

Spreadex delivers a robust cross-platform trading workflow, with both desktop and web access and dedicated mobile applications.

The main weakness for beginners is the absence of a demo account. This means users can’t simply open a virtual-money account and practise before jumping in with real money.

The interface is probably best suited to intermediate and experienced traders who already understand how spread betting, CFDs, leverage and risk-management orders work.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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