FXMARE editorial rating, not user reviews.
A veteran UK-only spread betting and CFD broker with 25+ years under direct FCA authorisation, competitive major forex spreads, and unrivalled small-cap stock coverage — but no MetaTrader, no demo, and no swap-free accounts.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
A veteran UK-only spread betting and CFD broker with 25+ years under direct FCA authorisation, competitive major forex spreads, and unrivalled small-cap stock coverage — but no MetaTrader, no demo, and no swap-free accounts.
Spreadex is regulated by FCA (UK), Gambling Commission (UK — sports/fixed-odds only). Independently verifiable licences include FCA FRN 190941. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads are around 0.6 pips, with $0 (spread-only on forex; share CFD commission mirrors spread bet cost) commission. The minimum deposit is £5 and maximum retail leverage is 1:30 (major FX/indices, UK regulatory cap); up to 1:200 for elective professional clients. It does not provide a dedicated swap-free (Islamic) account (No Islamic or swap-free account offered. Overnight financing applies to all rolling positions. Not mentioned on official site or any reputable third-party review as available.), so standard overnight swaps apply.
Platforms include Spreadex Proprietary Web Platform, Spreadex Mobile App, TradingView. Spreadex provides 10,000+ markets (~69 forex pairs, ~3,000 share CFDs, 200+ ETFs, indices, commodities, bonds, interest rates, options, IPOs) across Forex, funded via Debit Card (Visa/Mastercard), Credit Card (Visa/Mastercard), Bank Transfer, Easy Bank Transfer (instant), Apple Pay, Google Pay.
Spreadex is a credible, long-established UK broker best suited to British resident traders who want the tax efficiency of spread betting alongside genuine FCA/FSCS protections. Its EUR/USD spread of 0.6 pips is competitive without commission, and its AIM/small-cap equity coverage is a genuine differentiator. However, the absence of MetaTrader, automated trading tools, a demo account, and any Islamic account offering makes it a poor fit for global retail traders, algorithmic traders, or Muslim investors seeking Sharia-compliant conditions.
Headquarters: St Albans, Hertfordshire, UK · Funding: Debit Card (Visa/Mastercard), Credit Card (Visa/Mastercard), Bank Transfer, Easy Bank Transfer (instant), Apple Pay, Google Pay, Cheque
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Spreadex is authorised by FCA (UK), Gambling Commission (UK — sports/fixed-odds only). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with Spreadex in the FXMARE trading journal.
Spreadex is a credible, long-established UK broker best suited to British resident traders who want the tax efficiency of spread betting alongside genuine FCA/FSCS protections. Its EUR/USD spread of 0.6 pips is competitive without commission, and its AIM/small-cap equity coverage is a genuine differentiator. However, the absence of MetaTrader, automated trading tools, a demo account, and any Islamic account offering makes it a poor fit for global retail traders, algorithmic traders, or Muslim investors seeking Sharia-compliant conditions.
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FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Spreadex. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.