Spreadex Review 2026
The full Spreadex write-up for United Kingdom traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in United Kingdom
| Regulator | FCA FCA, Financial Conduct Authority (FCA) |
| Licence Number | 190941 |
| Regulated Entity | Spreadex Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $0 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 10,000+ |
| Platforms | Spreadex Platform, MT4 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
| Verify on FCA register → | 190941 |
Verdict
Cooks under FCA (licence 190941). Cover charge $0. In United Kingdom, forex leverage is capped at 1:30.
About Spreadex
Spreadex opened its doors in 1999 out of a kitchen in St Albans, UK. Its menu runs to 10,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Spreadex Ltd under FCA.
In United Kingdom, Spreadex serves as Spreadex Ltd, cleared by FCA under licence number 190941. Under FCA house rules, United Kingdom traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- FCA regulated, licence 190941
- 10,000+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: Spreadex Platform, MT4
- Founded in 1999 (27 years operating)
- 10,000+ instruments, one of the widest menus reviewed
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Spreadex regulated?
Yes. Spreadex is authorised by FCA, issued to the entity Spreadex Ltd, an authorisation you can look up for yourself on the official FCA public register.
What is the minimum deposit for Spreadex in United Kingdom?
The cover charge is $0, the smallest amount United Kingdom traders need to open a live account with Spreadex under FCA rules.
What leverage does Spreadex offer in United Kingdom?
In United Kingdom, FCA rules cap Spreadex at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Spreadex safe to trade with?
The kitchen passes inspection: Spreadex cooks under FCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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