Spreadex Review UK 2026 (FCA Regulated)

Risk warning: 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.

Spreadex scores 72/100 in our review.

Spreadex suits UK traders who want to spread bet and chart in the same place. It is the only broker in our TradingView set that carries a spread-bet account through the platform, so the tax treatment UK spread betting gets and TradingView’s charting sit on one FCA-regulated account. It trades as Spreadex Limited, authorised and regulated by the FCA under FRN 190941. Cost-led scalpers who chase the tightest raw spread should look elsewhere.

Two strengths stand out. First, the tax angle: UK spread-betting profits are exempt from stamp duty and capital gains tax, and Spreadex is the one route to placing those bets from inside TradingView, using its SPREADEXSB-prefixed symbols. Second, regulation and longevity: the firm has held FCA authorisation since December 2001 and keeps client money segregated under the FCA’s rules.

Spreadex is not a raw-pricing broker. There is no commission account, so the cost sits entirely in the spread, and the EUR/USD and GBP/USD figures on this page are the broker’s advertised starting rates rather than spreads we recorded on a live account. There is no MT4, MT5 or cTrader on the offer either, so a trader who wants MetaTrader will not find it here.

Traders who value tax-free UK spread betting, TradingView charting and a long-standing FCA licence get the most from Spreadex. Cost-led scalpers, and traders who need MetaTrader or a raw commission account, are better served elsewhere in the set. Tax treatment depends on your individual circumstances and can change.

Spreadex quick facts

The table below collects the figures a UK trader checks first. Pricing is advertised, checked on the broker’s site on 23 July 2026, not recorded by us on a live account.

Trading costs and fees

Spreadex prices through the spread, with no raw or commission account, so the whole cost is the spread you trade on. We have not recorded Spreadex spreads on a live UK account, so the figures here are the broker’s advertised starting rates; the protocol we use elsewhere is set out in how we test. The draw is the tax treatment and the platform pairing rather than a tight headline spread.

Spread betting and the tax treatment

UK clients can trade Spreadex as spread bets or as CFDs. On spread bets, profits are currently exempt from UK stamp duty and capital gains tax for UK residents, which is the reason many UK traders choose spread betting over CFDs in the first place. That treatment depends on your individual circumstances and can change, and it does not remove market risk: leveraged bets can lose money quickly. Spreadex is the only broker in our TradingView set that lets you place those spread bets from a TradingView chart, using its SPREADEXSB-prefixed symbols.

Other costs to check

Because pricing is advertised rather than recorded, confirm the live spread in the platform before trading, and check overnight financing on any position held open, which applies on top of the spread. We flag these as points to verify on the broker’s own cost pages rather than figures we have measured.

Trading platforms

Spreadex runs its own web platform and mobile app alongside a native TradingView connection. There is no MT4, MT5 or cTrader on the UK offer.

TradingView

Spreadex connects natively to TradingView: you place, modify and close trades from the chart while Spreadex routes the order and holds your money. CFD and FX trading from TradingView charts has been live since January 2023, and spread betting was added in May 2024 through SPREADEXSB-prefixed symbols. Spreadex’s own platform page directs traders to open its broker profile on TradingView and trade from there. That makes it the one entry on our TradingView brokers page offering tax-free UK spread betting inside the platform.

Spreadex platform and app

The proprietary Spreadex platform and mobile app carry the firm’s own charting, watchlists and order tickets across financial spread betting and CFDs. They are the default route for traders who do not want to run TradingView alongside.

Trust and safety

Spreadex is a long-standing FCA-authorised firm, with a register history that is worth reading closely.

FCA regulation

Spreadex Limited is authorised and regulated by the FCA under FRN 190941, authorised since 1 December 2001 (FCA register, checked 23 July 2026). It holds client money under the FCA’s CASS rules, separate from the firm’s own funds. On execution model, Spreadex quotes its own prices as the counterparty to your spread bet or CFD, which is standard for a spread-betting provider.

One point specific to this firm: the FCA register carries four clone-firm warnings against FRN 190941. Clone warnings flag fraudsters impersonating an authorised firm to mislead the public; they are published against the genuine firm’s reference number but describe the scammers, not Spreadex’s own conduct. The practical takeaway is to confirm you are dealing with spreadex.com and FRN 190941, and to reach the firm through details on the FCA register rather than a link in an unsolicited message.

Client money, FSCS and negative balance protection

Client money is held in segregated accounts under the FCA’s CASS rules. Negative balance protection applies to UK retail accounts, so a position cannot leave you owing more than your balance. If the firm failed, FSCS cover runs up to £85,000 per eligible person, covering shortfalls in client money rather than trading losses. Disputes escalate to the Financial Ombudsman Service, and how FCA authorisation protects you covers the award limits.

Account types and minimum deposit

A spread-bet account and a CFD account cover the UK offer, and both reach the same markets.

Account options for UK clients

The spread-bet and CFD accounts differ on tax treatment rather than on the market list. There is no raw or commission tier. Which one suits you depends on your own tax position, which can change, so take your own advice before choosing.

Minimum deposit

Spreadex has no minimum deposit to open an account. Confirm the current funding methods and any per-transaction minimums on the broker’s site before you deposit.

Funding and withdrawals

We describe funding here from Spreadex’s published information rather than transactions we have timed. Confirm the current deposit and withdrawal methods, any minimums and processing times on the broker’s own funding pages before you rely on them. Fund only from an account in your own name, and keep records of deposits and withdrawals.

Product range

Spreadex covers forex, indices, shares and commodities as spread bets and CFDs for UK clients. For depth on any single asset class, start at the CFD broker comparison.

The FCA banned the sale of crypto derivatives to UK retail consumers from 6 January 2021, so no crypto product appears in the markets or leverage lists above. Spreadex is also known for sports spread betting, which sits outside this financial-trading review and outside FCA investment regulation.

Leverage for UK traders

Retail leverage at Spreadex follows the FCA’s standardised caps rather than anything the broker sets, and applies to both the spread-bet and CFD accounts. No FCA broker exceeds these caps; what the caps allow explains the margin that follows from them.

Customer service

Spreadex runs UK support by phone, email and live chat, with account and platform help on its online help pages. We describe support here from published information rather than timed response tests on the UK desk.

How Spreadex compares to alternatives

Pepperstone runs the raw commission account Spreadex lacks, with native TradingView on a raw spread, and FxPro pairs TradingView with cTrader and MetaTrader for traders who want more platform choice. What neither of those does is carry a tax-free UK spread bet through TradingView, which is the reason to choose Spreadex. The reviews index ranks the wider UK field, and every FCA broker we rate sits in one place.

Should you open an account with Spreadex?

Yes, for UK traders who want to spread bet from TradingView charts and value an FCA licence held since 2001. Spreadex trades as Spreadex Limited under FCA authorisation FRN 190941, with no account minimum, a native TradingView connection and a spread-bet account whose profits are currently exempt from UK stamp duty and capital gains tax. Tax treatment depends on your individual circumstances and can change.

Not for raw-spread cost hunters, and not for traders who need MetaTrader or cTrader. There is no commission-based raw account, and the EUR/USD and GBP/USD figures here are advertised starting rates rather than spreads we recorded, so treat them as a starting point and confirm the live spread before trading. Check the FCA register entry, and the clone-firm warnings against it, before you fund, and see our guide to practice accounts for how to trial the platform first. If it fits how you trade, open a Spreadex account (affiliate link, see our advertiser disclosure).