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Chris Cammack May 26, 2020 06:03 PM
Founded in 1999, Spreadex is a large sports and spread betting broker with a CFD division that offers a low-cost trading environment on a wide range of tradable assets. However, support is limited to its proprietary platform and Spreadex offers virtually no trading tools. Spreadex offers one live commission-free CFD account with no minimum deposit requirement and spreads starting at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is significantly tighter than other similar brokers. Spreadex also stands out for the number of financial assets on offer, including over 3000 share CFDs, 200 ETFs, over 60 Forex pairs, 31 commodities, indices, and a small range of cryptocurrencies (though under FCA regulations cryptos are only available for professional traders). Some drawbacks for traders considering Spreadex are that it offers no demo account, an unusual move considering Spreadex only offers trading on its proprietary platform. It also offers little in the way of educational or market analysis materials, forcing beginner traders to educate themselves elsewhere. Overall, Spreadex will appeal to traders who value a low-cost trading environment and a vast range of tradable assets.
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