Spreadex Review: | 2022 Update
This Spreadex review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Spreadex to give you the most comprehensive guide available.
Spreadex is a world class broker that was founded in 1999. They have around 88 staff that help the company provide , to 10,000+ clients through Web Trader, Tablet & Mobile apps.
Spreadex Guide – Read our In-Depth Spreadex Review
Spreadex Rating: 7.49 / 10
This Spreadex review page contains information about investing with Spreadex. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Spreadex does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Spreadex review contains the latest info surrounding Spreadex.
If you are a new entrant in the world of trading online and brokers, so many nuances will no doubt be perplexing for you. Getting into the world of trading online demands expert analytical skills and comprehensive understanding. You will get proficient at all the concepts of online trading and brokerages while you continue trading. For starters, you have to choose the right broker who'll always be transparent with you.
In the fast-paced universe of financial markets and trading, you will need guidance to make sensible decisions. A professional, direct investment online broker could help you in minimising any losses and maximising any profits. Spreadex is just one such broker which can help you. It is important to learn all you can about any broker until you trust them with your money.
Spreadex Review for 2022 – Brief Overview
| Spreadex Telephone: | +44 01727 895 000 |
| Spreadex Support Email: | info@spreadex.com |
| Spreadex Address: | Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU |
| Year Founded: | 1999 |
| Regulated By: | Financial Conduct Authority (FCA), registration number 190941 |
| Hedquarters: | UK |
| Minimum Deposit: | $0 |
| Number Of Clients: | 10,000+ Spreadex users and traders |
| Spreadex TrustPilot: | https://uk.trustpilot.com/review/www.spreadex.com |
| Spreadex LinkedIn: | https://www.linkedin.com/company/spreadex/ |
| Spreadex Facebook: | https://www.facebook.com/Spreadex/ |
| Spreadex Facebook Likes: | 1,501 |
| Spreadex Twitter: | @spreadexfins |
| Spreadex Twitter Followers: | 2,537 |
| Spreadex Instagram: | https://www.instagram.com/spreadexfinancials/ |
| Spreadex Instagram Followers: | 110 |
| Spreadex Youtube: | https://www.youtube.com/user/spreadexvideos |
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investors lose money when trading spread bets and CFDs with this provider. |
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Our entire Spreadex review for beginners covers everything you will need to know about trading with Spreadex. A fantastic broker can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you must trade with a broker service that aligns with your investment objectives.
Of course, there is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
Spreadex is a trading partner that has forged its way successfully to the broker world. Within this review, we've tried to collate some of the vital aspects of Spreadex. This guide will help you to learn whether Spreadex is a fantastic match for your own investments or not. We've tried to breakdown all of the qualities and charges for your convenience.
Who are Spreadex?
Spreadex is a forex broker headquartered in UK and provides a range of tools for online trading. Since its establishment in 1999 they have emerged as a top player in the industry of online trading. Spreadex has an extremely competitive and full-featured trading website that is focused on currency, indices, metals, stocks , commodities.
Over the past 23 years, Spreadex has grown into one of the best online brokers available to the public.
After establishing itself in 1999, their customer base has become as large as 10,000+ clients.
Spreadex is a favourite of many online traders . Our Spreadex account review found that they are a superb solution for online trading options. They're best suited for investors who are searching for a variety of assets. Social and easy to use trading solutions are the core at Spreadex.
Technology plays a substantial role at Spreadex. They features trading on Web Trader, Tablet & Mobile apps. Spreadex is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), registration number 190941. Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
Who Founded Spreadex?
The founders of Spreadex are Jonathan Hufford
The creators of Spreadex are known for their experience in the sphere of online trading. However, there are a lot of other important employees at Spreadex who have a substantial contribution to it's success.
The educational section at Spreadex is quite comprehensive for new dealers as it permits them to have a closer look in the financial markets. Spreadex caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to trading.
Spreadex Review Videos
Benefits of using Spreadex in 2022
Trading with Spreadex comes with numerous benefits. These benefits are what sets Spreadex ahead of all other online brokers. You should check all of the advantages listed so that you have a better comprehension of Spreadex.
The broker goes to great lengths to understand what traders need. As a result, the service, fast, and convenient. The agent also provides a variety of programs for all types of traders. Spreadex helps to ensure that the individual needs of all traders are met to the best of their capabilities.
Spreadex also includes excellent trading conditions that are available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a great benefit for all traders. The technology embraced by Spreadex is among the highest caliber, making sure that it is fast, reliable, and efficient.
Spreadex acknowledges the importance of having a fast order execution. A quick implementation will allow users to trade without worrying about slippage safely. It is going to also help the traders to grab any opportunities.
Copy trading is another major facet of Spreadex. A new dealer can learn from industry experts using the automated copy trading alternative. This means you can see well performing traders and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Spreadex offers social trading which encompasses leading traders sharing their knowledge with the community. Spreadex's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
Spreadex has over 15,000 trading instruments to support all kinds of traders. These tools are lively and convenient for both new and seasoned traders. All dealers can put aside all their worries when trading with Spreadex.
Spreadex Overview
Year Founded: 1999
Regulated By: Financial Conduct Authority (FCA), registration number 190941
Hedquarters: UK
Minimum Deposit: $0
Number Of Clients: 10,000+
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investors lose money when trading spread bets and CFDs with this provider.
If you feel that Spreadex is not right for you then at the bottom of this Spreadex review you will find a lot of alternatives to Spreadex.
Everything you ought to know about trading using Spreadex
Spreadex is a dynamic platform that offers various methods of trading. These instruments cover the financial markets substantially. Most of the broker platforms offer less approaches than Spreadex
If you would like to trade with Spreadex, you will need a minimum deposit of $0. This deposit is required if you would like to start trading with Spreadex. This 2022 Spreadex review will guide you safely about trading with them.
Spreadex is as versatile as another broker platform. Spreadex is ideal for traders who want a manageable range of low-cost services. The programs supplied by Spreadex are third party, white-label offerings. All traders may pick out of Web Trader, Tablet & Mobile apps
Along with everything, Spreadex has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept open. The brokers offer premium client service that rewards customers with benefits.
Many less reputable brokers try to pressurise customers into bigger financing for superior services. Spreadex, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater advantages will come along.
Spreadex accounts are available globally and provides excellent service wherever they have clients. There are some select few countries where Spreadex accounts are not available. Traders in the following countries cannot open or use a Spreadex account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Spreadex Safe To Trade With In 2022?
Established in 1999, Spreadex has been open for 23 years, they have a head office in UK
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941. These figures have rules that ensure that trading platforms have ploicies in place to keep investor's assets procured. This usually means that Spreadex users do not need to be worried about their money since it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with Spreadex for increased security. An SMS for the verification code will be sent to a mobile phone. You will be asked to enter this code to log into your account.
Another concern with online trading brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is more prevalent in the example of Market Maker agents who compete with users on the stage.
Spreadex Risk Disclaimer
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit. The Spreadex site is intended for those persons of 18 years or older
The information on the Spreadex website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any law or regulatory requirement.
Pro's & Con's Of Trading With Spreadex
Every online trading platform has some pros and cons Spreadex review would be complete without having a balanced approach. This Spreadex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Spreadex Pro's
Spreadex is highly rated by us.
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
Spreadex has been trading for 23 years.
Spreadex offers customer support over the phone.
Spreadex provides customer support over email.
Spreadex gives access to customer support over livechat.
Spreadex is an award winning broker.
Spreadex offers guaranteed stop loss.
Spreadex has a low minimum deposit requirement.
Spreadex doesn't charge withdrawal fees.
Spreadex doesn't charge inactivity fees.
You can trade Cryptocurrencies with Spreadex.
Spreadex offers social trading.
Spreadex offers copy trading.
Spreadex allows commodity trading.
You can trade metals with Spreadex.
You can trade energies with Spreadex.
Spreadex Con's
Spreadex doesn't offer negative balance protection. Spreadex doesn't allow scalping. Spreadex doesn't allow hedging.Compare Brokers Similar To Spreadex
Regulation And Licencing In More Detail
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
Spreadex, as a company, has a strong collection of rules for ensuring fair trading onto its platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Spreadex Awards
Spreadex have won a lot of industry awards over the years they have been operating as an online broker. We list the most notable awards for Spreadex here.
- In 2016 Spreadex was awarded Best Spread Betting Firm.
- In 2018 Spreadex was awarded Best Spread Betting Firm.
- In 2020 Spreadex was awarded Best Spread Betting Firm.
Spreadex Trading Platforms
Spreadex are a reputable trading platform that has been trading for over 23 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any reputable brokerage and compare Spreadex with freetrade, and easyMarkets.
Spreadex MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Spreadex in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Spreadex MetaTrader 4 is compatible with the latest macOS. Spreadex allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Spreadex
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Spreadex MetaTrader 4 On iOS Devices
You can download the Spreadex app or also trade with Spreadex through the MetaTrader 4 application on the Apple app store.
Download the Spreadex MetaTrader 4 Program free of charge from Apple's App Store. Spreadex customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Spreadex MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Spreadex provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Spreadex MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to begin on Spreadex is $0. This is a decent amount for those just beginning. You can create more complex deposits as you cooperate. However, make certain that you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
Spreadex is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first kind of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these cases, you're paying a spread, funding speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those that are billed when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, Spreadex doesn't charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by Spreadex are comparatively greater. Consequently, you're billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This Spreadex review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of Spreadex
Spreadex Withdrawal Fees Explained
Spreadex doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from your Spreadex account. You can withdraw up sums to the amount of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't necessarily have to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the cardSpreadex will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are choosing to withdraw in.
Spreadex Inactivity Fees Explained
Spreadex doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges are implied by Spreadex, it is better that you close the account if you are inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is subjected to many circumstances and needs to be revealed clearly by the broker beforehand.
Spreadex Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers don't charge an excessive amount of money for this operation.
Spreadex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Spreadex trading platform is simple. You simply need to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity proof and proof of residency to deposit substantial amounts.
Compare Spreadex Vs Other Broker Deposit Methods
What Can You Trade With Spreadex in 2022?
Note: Spreadex offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will be different depending on the country of residence of the client.
Spreadex has a wide variety of over 15,000 instruments available for you to trade with.
If trading currency pairs is of interest to you then Spreadex offer over 55 currency pairs.
Compare Spreadex, freetrade & easyMarkets below.
Spreadex Trading App Review
Note: Spreadex's mobile app has a lot of functions and is being developed all the time. The below information was accurate at the time of writing this Spreadex broker review.
Understand the capabilities of the mobile apps of Spreadex, freetrade & easyMarkets below.
Trading Education Available At Spreadex
Understand the trading resources available with Spreadex, freetrade & easyMarkets below.
Spreadex Customer Support
In our Spreadex broker review we examined the customer service options including response times, and on the Spreadex trading platform issue solving effectiveness. Spreadex provides support in various languages including English
Spreadex Live Chat Support
We tested the livechat experience with Spreadex, and it was very effective. We have sent messages to Spreadex livechat via their app and web site and got a reply in less than 20 seconds. Sometimes there was no response.
We have tested communication with Spreadex support in multiple languages across multiple countries. Spreadex were capable of resolving our client's issues.
Spreadex Phone Support
We called Spreadex and the call was responded to very promptly. It was responded to in less than five to ten minutes.
The Spreadex phone support team was able to effectively address our questions and concerns via phone. We tested the multi-lingual Spreadex team by calling in varying languages. Spreadex made an effort to make sure that our questions were addressed.
Overall, the phone support from Spreadex was satisfactory.
Spreadex Email Support
We have sent numerous emails to Spreadex and the response times were all acceptable. The fastest email response from Spreadex was 3 hours and the most slow response was 8 days! Sometimes there wasn't a response. Support response times can vary for you at Spreadex, however, we've had the experience of sending out 10 emails at various times.
The team was able to resolve and answer our queries. Average email support from Spreadex was good.
Alternatives To Spreadex
If, after reading this Spreadex review, they don't quite fulfill your needs check out these Spreadex alternatives.
We've scoured the web to find the best alternatives to Spreadex. Click the hyperlinks below to learn more.
Frequently Asked Questions
Can I try Spreadex before I buy?
Absolutely! you can most definitely try Spreadex before you buy. Spreadex offers demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account with Spreadex, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you until you decide to spend your own money.
With this virtual Spreadexdemo account, you are able to experiment in any way, to whatever period you wish. You might also open positions, examine different trading strategies, and more.
Spreadex specifies on its official website that you can trade real time stocks with your demo account.
Is Spreadex safe?
You can drop all of your worries since we believe that Spreadex is perfectly safe to use. It is in compliance with the principles of Financial Conduct Authority (FCA), registration number 190941.
Luckily, Spreadex provides assured stop-loss protection.
Why does Spreadex ask for my passport?
The reason that Spreadex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Spreadex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Spreadex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Spreadex?
The process to start trading with Spreadex is super simple. You need to begin by signing up on the Spreadex website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Spreadex are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Spreadex is $0. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Spreadex.
The best way to kickstart your trading career with Spreadex is to open a demo account facility before risking any real money
What funding methods do Spreadex accept?
There are multiple methods to finance your account with Spreadex. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal isn't available in all country. The currencies Spreadex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes about 4-7 days.
Is my money safe with Spreadex?
Yes, your cash is safe and protected with Spreadex. As you know, Spreadex works with good conformation to regulations. It's established lots of steps to protect all its own investors.
Spreadex safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you want to further protect your accounts, it is possible to enable Two-Step Verification as well. It requires an SMS confirmation for you to access your account.
Is Spreadex trading good?
Yes, trading through Spreadex is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you can even gain access to a vast collection of educational tools and assistive substance to kickstart your trading experience.
If you remain skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Spreadex support?
Spreadex operates across the globe. However, due to regulations Spreadex can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Spreadex legit?
Spreadex is a legit company headquarted in UK since 1999. They are regulated by Financial Conduct Authority (FCA), registration number 190941. Spreadex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Spreadex a good broker?
Spreadex is an excellent broker, and its users may vouch for this. The highlight of the platform is its fast order execution on transactions.
You will discover the clean design of this platform along with the admirable features are pleasant to work with.
Is Spreadex a trustworthy broker?
Yes, Spreadex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the Spreadex TrustPilot page
What is the minimum deposit for Spreadex?
The minimum deposit to open a live account with Spreadex is $0
How long do Spreadex withdrawals take?
Normally, withdrawal of money from Spreadex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Spreadex to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Spreadex regulated?
Spreadex are regulated by Financial Conduct Authority (FCA), registration number 190941
Is Spreadex a market leading broker?
Spreadex is currently among the business leaders. It supports over 10,000+ registered customers and over 23 years of expertise on its own record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide selection of tools plus resources so you may put money into capital markets.
Is Spreadex a con?
No, Spreadex is not a con. They are regulated by Financial Conduct Authority (FCA), registration number 190941 and must adhere to their rules. Thus, it is safe to say that Spreadex is not a scam.
Can you make money with Spreadex?
Using Spreadex, many traders make a great deal of money. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investors lose money when trading spread bets and CFDs with this provider.
This may seem like a small number, but over the entire year, it adds to a significant amount of gains. Even though Spreadex supply you all the tools to make money, they can't guarantee that you will gain.
Does Spreadex have fees?
Yes. To begin trading with Spreadex, you need to deposit $0. Certain commissions while trading also apply. Any processing fees from your bank might have to be incurred by you.
When was Spreadex founded?
Spreadex was founded in 1999 in UK. Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
How many people use Spreadex?
Spreadex is a globally recognised broker with 10,000+ clients.
Where is the Spreadex head office?
Spreadex has its head office in UK
Does Spreadex offer negative balance protection?
No. Spreadex does not provide negative balance protection. If your balance is unfavorable, Spreadex suggests you contact customer services. With this, you can correct any imbalances in your own account.
Does Spreadex offer guaranteed stop loss?
Yes, Spreadex provide a guaranteed Stop Loss order.
When there's absolutely no free margin left with the client, Spreadex will cease your own positions. When the losses in the ceased out position exceeds your account balance, you may experience a negative account balance.
Does Spreadex allow scalping?
No, the terms and conditions of Spreadex do not allow scalping. It is a trading technique which is not allowed on the agent's platform. You should refer to Spreadex's provisions and conditions to read more about its policies.
Does Spreadex allow hedging?
No, unfortunately Spreadex does not allow hedging.
Can you trade energies with Spreadex?
Yes, you can trade energy stocks with Spreadex
Can you trade agricultural shares with Spreadex?
Yes, you can trade agricultural stocks with Spreadex
Can you trade cryptocurrency with Spreadex?
Yes, you can trade cryptocurrency with Spreadex
Can you trade metals with Spreadex?
Yes, you can trade metals with Spreadex
Can you trade UK Shares with Spreadex?
Yes, you can trade UK shares with Spreadex
Can you trade US Shares with Spreadex?
Yes, you can trade US shares with Spreadex
Can you trade Japanese Shares with Spreadex?
Yes, you can trade Japanese shares with Spreadex
Can you trade German Shares with Spreadex?
Yes, you can trade German shares with Spreadex
Does Spreadex accept bank transfers?
Yes, Spreadex accepts bank transfers for depositing money.
Does Spreadex accept credit cards?
Yes, Spreadex accepts credit cards for depositing money.
Does Spreadex accept PayPal?
No, Spreadex does not accept PayPal.
Does Spreadex accept Skrill?
Yes, Spreadex accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001. It offers a range of online payment and money transfer services.
Since its launch, Skrill has expanded to operate in over 120 countries, with its digital wallet offered in 40 different currencies. Customers can transfer funds to their Skrill wallet using various options for payment, including credit bank transfer, card as well as a variety of alternative payment options. The funds can then be used to make payments to merchants as well as others Skrill customers, or converted to cryptocurrency.
Skrill also allows cross-border transactions through its remittance services Skrill Money Transfer. The service enables customers to transfer money to an account at a bank overseas using their bank card. The service was acquired in 2015 by the Paysafe Group. Skrill became part of the Paysafe Group along with former rival Neteller and the prepaid payment company paysafecard.
Skrill has a variety of licenses that allow it to provide its services across Europe as well as globally. Skrill is operated via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by Central Bank of Ireland, for its European authorized operations. Skrill's operations outside Europe are managed by European Economic Area are operated by Skrill Limited - a company incorporated within the United Kingdom and regulated by the Financial Conduct Authority.
Does Spreadex accept Payoneer?
Yes, Spreadex accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does Spreadex accept Neteller?
No, Spreadex does not accept Neteller.
Does Spreadex offer Live Chat customer support?
Yes, Spreadex offers customer support through live chat.
Does Spreadex offer phone customer support?
Yes, Spreadex offers customer support over the telephone.
Does Spreadex offer email customer support?
Yes, Spreadex offers customer support through email.
What languages can Spreadex communicate in?
Spreadex has the ability to communicate and support customers who speak: English
Does Spreadex have a wikipedia page?
Yes, Spreadex does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/Spreadex
Does Spreadex offer demo accounts?
Yes, Spreadex offers demo accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the features before getting a live account.
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