Spreadex review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Spreadex suits UK traders who want to deal shares without a trade commission, with the same account carrying forex, CFDs, options and spread betting. Regulated in the UK with FSCS investor protection, it ranks 1 of 161 brands on stock trade fees, which sit at £0.

Key facts

Best for
UK share dealing without a trade commission, with forex and options in the same account.
Minimum deposit
£0 (Source, checked September 26, 2026)
Stock trade fee
£0 (Source, checked September 26, 2026)
Inactivity fee
$0 (Source, checked September 26, 2026)
Markets
Stocks, Forex, CFDs, Options, Spread-betting (Source, checked September 26, 2026)
Regulators
Financial Conduct Authority (FCA), UK Gambling Commission (Source, checked September 26, 2026)
Investor protection
FSCS up to GBP 85,000 (Source, checked September 26, 2026)
Retail accounts that lose money
61% (Source, checked September 26, 2026)
EUR/USD spread
0.6% (Source, checked September 26, 2026)
Deposit and withdrawal fees
Free deposits and withdrawals (Source, checked September 26, 2026)
Platforms
Web, Mobile (Source, checked September 26, 2026)
Legal entity
Spreadex Limited (Source, checked September 26, 2026)
Headquarters
United Kingdom (Source, checked September 26, 2026)
Founded
1999 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Features
Mobile app
Pricing model
Commission-free, Low fees
Official website
spreadex.com

Apps and profiles

Elsewhere
WikidataWikipediaTrustpilot

Pros and cons

Pros

  • Shares cost £0 to buy and sell, and the pricing model is commission free and low fees.
  • A single account covers stocks, forex and cfds, so shares, forex, CFDs, options and spread betting sit side by side.
  • Trading runs on Web and Mobile platforms, and a mobile app is part of the feature set.

Cons

  • Support runs on phone and help centre only, with no live chat or email listed.
  • The risk warning puts 61% of retail accounts losing money.
  • The market list runs stocks, forex and cfds, with no crypto, funds or bond offering.
Spreadex

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Scored 9.3 / 10 by BrokerCue.

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Who it suits

  • UK residents who want to deal shares without a per-trade commission.
  • Traders who want forex, CFDs, options and spread betting in the same account.
  • Anyone who values a long operating history: Spreadex has run from the UK since 1999.

Who should look elsewhere

  • Vantage, for anyone who prefers a stated minimum deposit of $5 to a free entry.
  • CFI, whose minimum deposit is quoted in dollars at $0.
  • Anyone who wants live chat or email support, because Spreadex lists phone and help centre only.

Safety and regulation

Spreadex lists the Financial Conduct Authority and the UK Gambling Commission as its regulators, both in the UK. The Financial Conduct Authority registration is 190941 and the UK Gambling Commission registration is 8835. Both registrations sit in the UK, so the firm is overseen on home ground, and the stated investor protection is FSCS up to GBP 85,000.

How Spreadex compares

Where Spreadex is available

Available
United Kingdom
Licence in United Kingdom
Financial Conduct Authority (FCA) (190941), checked September 26, 2026
Licence in United Kingdom
UK Gambling Commission (8835), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to deal shares on Spreadex?+

Stock trades are £0, and the pricing model is listed as commission free and low fees. Spreadex ranks 1 of 161 brands on stock trade fees, so share dealing sits at the cheaper end of what brokers charge.

Is there a minimum deposit at Spreadex?+

The minimum deposit is £0, so an account can be opened and funded with a small balance. Spreadex ranks 1 of 213 brands on minimum deposit, worth weighing against brokers that ask for a starter amount.

Do I pay an inactivity fee if I stop trading?+

The inactivity fee is $0, so leaving a balance untouched does not cost anything on its own. Spreadex ranks 1 of 56 brands on inactivity fees, which removes one of the charges that catches out infrequent traders.

What do deposits and withdrawals cost?+

Free deposits and withdrawals, so money can move to and from the account without a charge either way. The account is operated by Spreadex Limited, and the same terms apply to both directions. Neither leg carries a fee.

What is the EUR/USD spread on Spreadex?+

The EUR/USD spread is 0.6%, and the pricing model is listed as low-fees and commission-free. Forex costs sit in the spread rather than a separate commission, so that rate is the number to weigh before trading currency pairs.

Who regulates Spreadex?+

Spreadex is regulated by Financial Conduct Authority (FCA) and UK Gambling Commission. The Financial Conduct Authority registration is 190941 and the UK Gambling Commission registration is 8835. Both are UK registrations, so the account sits under home rules and the licences can be checked before signing up.

What protection is there for my money?+

Investor protection is FSCS up to GBP 85,000. The account is held with a UK regulated firm, and that limit is the ceiling for a claim rather than a promise of any payout, so holding more than that on the platform carries extra risk.

Which markets can I trade on Spreadex?+

The market list is stocks, forex and cfds, so shares, forex, CFDs, options and spread betting are all available from a single login. Crypto, funds and bonds do not appear on that list, which narrows the choice for investors building a wider portfolio.

What platforms can I use?+

Trading runs on Web and Mobile platforms, and the feature list includes a mobile app for trading away from a desk. Spreadex has operated from the UK since 1999, and the client entity behind the account is Spreadex Limited.

Sources

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Account fee.

Spreadex

Spreadex

UK share dealing without a trade commission, with forex and options in the same account.

9.3/10See alternatives

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