Spreadex — where it wins, where it loses
Spreadex wins on headline spread. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 13 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- headline spread
Loses on
No column in this set puts Spreadex behind the field.
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FCA | 190941 | UK | Tier 1 | Spreadex Limited | register.fca.org.uk |
Checkable
Facts the comparison runs on
On the record
- Spreadex was incorporated in 1999 and is headquartered in St Albans, Hertfordshire.
- Spreadex Limited is authorised and regulated by the FCA under firm reference number 190941.
- For fixed-odds betting, Spreadex is separately licensed by the UK Gambling Commission.
- Spreadex quotes a EUR/USD spread of 0.6 points on its financial trading platform.
- In 2022 the Gambling Commission announced a £2,022,000 penalty against Spreadex Limited following an investigation into AML and social responsibility failings.
| Trading since | 1999 |
|---|---|
| Base | St Albans, Hertfordshire, UK |
| Minimum to open | not verified |
| Leverage cap | 1:30 (UK retail) |
| EUR/USD | 0.60 pips |
| Terminals | Spreadex proprietary web platform, TradingView, Mobile apps |
| Account tiers | Spread betting, CFD, Sports spread betting |
| Markets | Forex, Indices, Commodities, Shares, Bonds, Sports spread betting |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- minDeposit — no official minimum deposit figure verified
- Exact date of the Gambling Commission penalty announcement
- public listing status
Costs less
Who beats Spreadex on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.