SPREADEX Account Types

SpreadEx offers 1 live trading accounts, a Spreads account. SpreadEx does not does not make provision for an Islamic Account, nor does it have the option of a demo account.

SpreadEx At a Glance

Overall Rating

• 4.2/5

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OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA

Trading Platform

Proprietary Platform

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our SpreadEx below.

SpreadEx Account Types – 9 key point quick overview:

1. SpreadEx At a Glance
2. SpreadEx Overview
3. SpreadEx Account Types
4. SpreadEx Account Features
5. SpreadEx Demo Account
6. SpreadEx Islamic Account
7. SpreadEx Customer Reviews
8. SpreadEx Pro and cons
9. Frequently Asked Questions

SpreadEx Overview

SpreadEx is a leading sport and financial spread betting, sports fixed odds betting, and casino betting firm in the United Kingdom that was founded in 1999. It was originally headquartered in Bedfordshire but in 2008 moved to St Albans, Hertfordshire.

SpreadEx was originally established as a financial trading service with online spread betting and first launched online sports betting service in 2006, followed by the financial online trading platform.

In 2012, it gave its online trading platform a facelift to include advanced features like one-click trading, standard or pairs view, and customizable trading windows.

Since SpreadEx is a UK-based brokerage and sports betting firm, it is fully licensed by the Financial Conduct Authority (FCA) in the UK. Thus, the broker fully complies with the necessary regulatory requirements in the manner the company is operated.

One of the requirements is that clients’ funds be kept segregated from the company’s operating capital via tier-1 banks and that they use advanced encryption technologies and follow several security protocols.

Another requirement is to enable every client to participate in the FSCS Scheme that compensates up to £ 50 000 in the unlikely event of the company insolvency.

SpreadEx has won many awards over the years, with the most recent being the Best Sports Spread Betting Operator at the 2025 EGR Operator Awards and Best Financial Spread Betting Provider at the City of London Wealth Management Awards 2025.

The broker has been listed three times in the Sunday Times Profit Track list of the top 100 fastest-growing UK companies and was named in the FT1000 report of the top 1000 fastest-growing companies in Europe in 2017.

With SpreadEx, clients have access to over 10 000 global markets that include Forex (including Bitcoin), indices, shares, commodities, bonds, options, Exchange Traded funds, and interest rates. Trades can be executed on the SpreadEx proprietary platform.

SpreadEx is the only company to offer sports spread betting and sports fixed odds betting from the same account. It does not offer an Islamic account or the option to open a demo account.

Furthermore, SpreadEx is one of the few betting companies that offer credit facilities, which means that sports betters can place wagers on global sports events without having to deposit funds first.

The broker will give credit limits of up to £ 2 000 when you open your account. This can have an advantage to traders, but it is also important to keep in mind that a credit limit does not limit your financial loss or liability. Credit facilities depend on your client’s status and individual circumstances.

Customers from the United States and Canada are not accepted as clients at SpreadEx.

SpreadEx Account Types

SpreadEx offers only one live account type for both financials and sports.

Each potential new client must pass a compliance check as required by FCA before an account can be opened.

Some clients may also qualify for a credit limit. You can apply for this when you sign up. If accepted, you can trade immediately without having to deposit funds into your account. Alternatively, you can opt for the standard pay-as-you-go option.

SpreadEx Account Features

There are no specific features that can be mentioned with the one SpreadEx account. The broker does not charge you for holding an account with SpreadEx or charge inactivity fees. There are no minimum deposit requirements, joining fees, contracts to sign or obligations to trade.

Opening an account is easy and hassle-free. Simply fill out the online application form. You have access to application forms 24 hours a day.

Complete and accurate details are required to establish your identity and carry out anti-fraud and security checks.

You may be granted an account straight away, but in some circumstances, the broker might require further information from you.

If you choose to, you can download a paper application form and return it by post to the address stated on the form.

Clients should make sure that they read the terms and conditions before submitting an application for a live spread betting account. You need to understand and be comfortable with the risks involved with spread betting.

SpreadEx Demo Account

SpreadEx does not offer traders the option of opening a Demo Account. This kind of account can be used in many ways, such as:

• Being a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
• Beginner or more advanced traders who are evaluating and comparing brokers would like to explore SpreadEx’s trading conditions in a risk-free environment.
• Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

Demo accounts usually come with the same features as the live account type and allow traders to practice trading without any risk involved.

SpreadEx Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow the Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitative.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

SpreadEx does not offer an Islamic Account to Muslim traders who follow the Sharia law.

SpreadEx  Customer Reviews

Excellent service

Highly recommend it, never had any issues always fast and reliable.

Easy to use and very efficient

Easy to use and very efficient, with a great range of markets!

Excellent Company

Excellent Company. It is a desirable and right place for anyone who enjoys financial trading.

SpreadEx Pro and cons

You might also like: SpreadEx Review

You might also like: SpreadEx Demo Account

You might also like: SpreadEx Fees and Spreads

You might also like: SpreadEx Minimum Deposit

You might also like: SpreadEx Sign Up Bonus

Frequently Asked Questions

How many instruments can I trade with a SpreadEx account?

You can trade the following financial instruments with a SpreadEx account: CFDs, Forex, Crypto, Stocks, Spread betting

Does Capital gains tax apply to financial spread betting?

Our research revealed that capital gains tax do not apply to profits that are made through financial spread betting. Spread betting earnings do not go against the Capital gains limit and traders should be aware that any spread betting losses cannot be offset against other profits.

Which platforms are supported by SpreadEx?

SpreadEx makes use of the SpreadEx proprietary platform.

Does SpreadEx offer leverage?

Yes. Leverage of up to 1: 30.

What spreads can I expect with SpreadEx?

You can expect spreads that start from 0.6 pips on EUR/USD.