Spreadex Review 2026

Item: Spreadex
Rating: 5.97
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: April 10, 2026

Top Brokers Overview — United States

Min. deposit £5
Fees 6 /10
Account types 5 /10
Regulation 9 /10

6 /10

Moderate risk

Spreadex User Reviews 5.9
Commissions and Fees 6.0
Regulation and Safety 9.0
Account Types 5.0
Deposit and Withdrawal 5.3
Markets and Tradable Assets 6.5
Trading Account Opening 8.0
Trading platforms & tools 5.9
Mobile Apps 7.0
Customer Support 6.6

Spreadex Pros & Cons

Access to more than 10,000 global markets.
Minimum deposit from GBP 5.
A feature-rich trading platform with 35+ indicators, price alerts, and signals.
Customer support 7 days a week with service-quality awards.
An in-house education center.
Free market analytics.

No demo account.
Execution model is not disclosed.

TU Expert Verdict

Spreadex demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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Spreadex User Reviews

Score:

5.9 /10

21 total

5-star

5%
4-star

29%
3-star

38%
2-star

14%
1-star

14%

Spreadex is not bad, but it is not suitable for scalping or robot trading. Spreads are high, execution is not very good, and there are still many restrictions. Well, at least there is regulation, and that’s good, but I think that the company is not suitable for large amounts.

- you put it in growth, it immediately falls, creeps down, put it down - immediately turn and in growth! So guys, draw your own conclusions...

The broker's employees are not the most pleasant impression. Whatever question you ask, they don't know. They report in a pattern. It seems to me that in order for me to trust a company, I should not have distrust of its employees. And it has arisen.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of Spreadex have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
No inactivity fee
No deposit fee
No withdrawal fee

No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Spreadex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Spreadex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Spreadex Standard spreads
	Spreadex	ZForex	OANDA
EUR/USD min, pips	0.6	0.1	0.1
EUR/USD max, pips	1.1	0.4	0.5
GPB/USD min, pips	0.7	0.2	0.1
GPB/USD max, pips	1.2	0.6	0.5

Does Spreadex support RAW/ECN accounts?

As we discovered, Spreadex does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Spreadex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Spreadex Non-Trading Fees
	Spreadex	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is Spreadex Safe?

Score:

9 /10

Spreadex has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 27 years

Strict requirements and extensive documentation to open an account

Spreadex Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1

Spreadex Security Factors
Foundation date	1999
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

5 /10

Spreadex offers the following account options: Standard.

However, Spreadex does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.

Low minimum deposit
Standard account with balanced trading conditions

No Swap Free account
No ECN/Raw spread account

Spreadex account types vs top competitors
	Spreadex	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	Yes
Demo	No	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

Spreadex accounts trading conditions

Under FCA requirements, Spreadex classifies clients as retail or professional and provides accounts accordingly. Traders cannot choose between multiple account types or select different trading conditions. Trading conditions depend on the assigned client status and do not vary based on deposit size or account selection. The broker does not offer a demo account.

Account types:

Account Type

Description

Retail

An account automatically opened for all retail traders. To start trading, a minimum deposit of GBP 5 is required. Leverage is available up to 1:30, and all instruments offered by the broker can be traded through this account.

Pro

To qualify for this account type, a trader must meet at least two of the three FCA criteria. These include trading activity of at least 10 large trades per quarter, a portfolio of at least EUR 500,000, and at least one year of work experience in the financial sector. Professional clients can trade with higher leverage because margin requirements are lower than the standard 1:30 applied to retail clients.

Deposit and Withdrawal

Score:

5.3 /10

Spreadex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Spreadex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank wire transfers available
Minimum deposit below industry average
No withdrawal fee
No deposit fee

BTC payments not accepted
BTC not available as a base account currency
PayPal not supported

What are Spreadex deposit and withdrawal options?

Spreadex provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Apple Pay, Google Pay, Easy Bank Transfer, Direct Debit.

Spreadex Deposit and Withdrawal Methods vs Competitors
	Spreadex	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	Yes	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	No	No	Yes

What are Spreadex base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Spreadex supports the following base account currencies: USD, EUR, GBP.

What are Spreadex's minimum deposit and withdrawal amounts?

The minimum deposit on Spreadex is £5, while the minimum withdrawal amount is . These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Spreadex’s support team.

Markets and Tradable Assets

Score:

6.5 /10

Spreadex offers a limited selection of trading assets compared to the market average. The platform supports 10,000 assets in total, including 60 Forex pairs.

60 supported currency pairs
Indices trading
Commodity futures are available

Limited asset selection
Copy trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Spreadex with its competitors, making it easier for you to find the perfect fit.

	Spreadex	Trading.com	ZForex
Currency pairs	60	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	10,000	69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	No
Options	Yes	No	No

Investment options

We also explored the trading assets and products Spreadex offers for beginner traders and investors who prefer not to engage in active trading.

	Spreadex	Trading.com	ZForex
Bonds	Yes	No	No
ETFs	Yes	No	No
Copy trading	No	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with Spreadex in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Spreadex is £5.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.
Registration process may take longer than expected

Spreadex account opening
	Spreadex	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	£5	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	8
KYC time (days)	2	2	1

Is Spreadex available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start trading with Spreadex, open a trading account and complete the registration process.

A step-by-step guide:

On the Spreadex homepage, click Create an Account to open the registration form.
Enter your name, citizenship, country of residence, email, username, and password, then select the trading type: spread betting, CFD trading, or both.
Complete the detailed questionnaire by providing information about your financial situation, trading experience, and knowledge of trading.
Complete verification by uploading a scanned copy of your identity document through the platform.

Features of Spreadex user account allow traders to:

Deposit and withdraw funds;
View market data, including real-time quotes;
Create watchlists using criteria such as “popular,” “trending,” “top risers,” etc.;
Manage open trades;
Enable market notifications;
Receive free trading signals.

Trading platforms & tools

Score:

5.9 /10

Spreadex received a score of 5.9/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.

Proprietary platform with unique features
One-click trading
Trade directly from TradingView

No access to API
No access to Free VPS

Supported trading platforms

Spreadex supports the following trading platforms: TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Spreadex’s platform availability with that of top competitors to assess its relative market position.

	Spreadex	Trading.com	ZForex
MT4	No	No	No
MT5	No	Yes	Yes
cTrader	No	No	No
TradingView	Yes	Yes	No
Proprietary platform	Yes	Yes	No
NinjaTrader	No	No	No
WebTrader	Yes	Yes	No

Key Spreadex’s trading platform features

We also evaluated whether Spreadex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	No
Alerts	Yes
Trading bots (EAs)	No
One-click trading	Yes
Scalping	No
Supported indicators	39
Tradable assets	10,000

Additional trading tools

Spreadex offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

Spreadex trading tools vs competitors
	Spreadex	Trading.com	ZForex
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	No	No	No
Free VPS	No	No	Yes
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	No	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	No

Mobile Apps

Score:

7 /10

Spreadex supports mobile trading, offering dedicated apps for both iOS and Android. Spreadex received a score of 7/10 in this section, indicating a generally acceptable mobile trading experience.

Solid iOS user feedback, with a rating of 4.6/5
Mobile alerts supported
Indicators supported

Mobile 2FA not supported

We compared Spreadex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	Spreadex	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	37,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	4.6	4.8	4.7
Google Play score	4.6	4.7	4.4
Mob. 2FA	No	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

6.6 /10

Customer support at Spreadex is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Spreadex provides basic support functionality but does not stand out in overall service performance.

Information

Customer support is available to assist clients with account, platform, and trading-related questions. Support agents operate seven days a week during standard service hours. Working hours are from 8:00 a.m. to 5:30 p.m. London time.

Questions can be asked via online chat even without being a company client
Available 7 days a week

No 24/7 support
Support is provided in English only

Communication methods of Spreadex:

Phone (the number is listed in the “Help” section);
Email;
Online chat on the website and in the user account;
Social media: Facebook, X, Instagram, LinkedIn.

Contacts
Foundation date	1999
Registration address	Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU
Regulation	FCA Licence number: 190941
Official site	https://www.spreadex.com/
Contacts	info@spreadex.com 01727 895 000, +44 1727 895 000

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Spreadex Video Guides

FAQs

How safe is trading with Spreadex in terms of regulation and investor protection?

Spreadex has a safety score of 9/10 and is regulated by the UK Financial Conduct Authority (FCA), which is classified as a Tier-1 regulator in this review. The broker offers negative balance protection, follows KYC verification procedures, and clients may be covered by an investor protection fund of up to £85,000, according to the section. The broker has been operating since 1999, which indicates a long track record, but additional details beyond this are not specified in the review.

What types of trading accounts does Spreadex offer and how do their conditions differ?

Spreadex primarily offers a Standard account structure, with trading conditions determined by whether a client is classified as retail or professional under FCA rules. Retail accounts require a minimum deposit of GBP 5 and provide leverage up to 1:30, while professional clients who meet at least two of the FCA criteria can access higher leverage due to lower margin requirements. The broker does not provide swap-free, cent, micro, VIP, managed, or demo accounts, as stated in the section.

What do user reviews say about Spreadex overall?

Spreadex has a user satisfaction score of 5.9/10 based on 21 reviews, with a rating distribution that includes 5% 5-star, 29% 4-star, 38% 3-star, 14% 2-star, and 14% 1-star feedback. This distribution indicates that user reviews are mixed, with a significant portion of mid-range (3-star) ratings. According to user reviews, experiences vary, and more detailed qualitative comments are not provided in this section.

How does the Spreadex account opening process work and what feedback is given on its speed?

The account opening process at Spreadex is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days, according to the section. The minimum deposit is £5, and users must complete a questionnaire on their financial situation and trading experience, then upload identification documents. The review notes that the process is accessible and relatively hassle-free, though it also mentions that registration and approval may take longer depending on documentation.

What feedback do users give about the Spreadex mobile apps?

Spreadex offers dedicated mobile apps for iOS and Android, with both platforms showing user ratings of 4.6 out of 5 in this review. The apps support mobile alerts and indicators, but mobile two-factor authentication (2FA) is not supported according to the section. Total downloads are reported at 37,000, and more detailed user comments beyond the ratings are not specified.