Spreadex Review  |  Sports & Financial Spread Betting Specialist [2025]

Spreadex is a UK-based betting operator offering both fixed odds and spread betting across sports and financial markets.

About Spreadex

Founded in 1999 and headquartered in St Albans, Spreadex is a licensed and regulated bookmaker by the UK Gambling Commission and the Financial Conduct Authority (FCA). Unlike most sportsbooks, Spreadex provides both traditional fixed-odds betting and spread betting — a unique hybrid offering that appeals to both recreational punters and experienced traders.

Spreadex sets itself apart by combining a full sportsbook with in-depth spread betting markets, allowing users to speculate on not only whether a team will win, but by how much. This adds an extra layer of complexity and potential reward (or risk), making it especially popular with informed bettors seeking alternatives to standard win/lose wagers.

In addition to its strong sports coverage, Spreadex also provides access to financial spread betting, covering indices, shares, commodities, and currencies — all from a single, integrated platform.

While not known for aggressive promotions, Spreadex does offer occasional bet credits and ongoing offers, particularly for new customers. Its website and mobile app are cleanly designed, though some may find the interface less modern than newer operators.

Sports & Markets

Spreadex offers an extensive range of sports and betting markets via both fixed odds and spreads. Key sports include:

Both pre-match and in-play betting are available, with competitive odds on fixed markets and dynamic pricing on spread bets. Spreadex also supports Bet Builder and cash out features on selected markets.

Payment Methods

Spreadex supports a small but secure set of payment options, consistent with its UK-only customer base:

Deposits

  • Minimum amount: £10

  • Processing time: Instant for cards; up to 1 working day for bank transfers

  • Fees: No deposit fees

Withdrawals

  • Minimum amount: £50 (lower amounts possible on request)

  • Processing time: Typically 1–3 working days

  • Fees: No withdrawal fees

Note: Withdrawals must be made to a bank account in your name.

Commission Charges

For fixed-odds betting, Spreadex does not charge commission — profits and losses are determined solely by the odds.

For spread betting, both on sports and financial markets, Spreadex earns through the spread itself — the difference between the buy and sell price. This is where their margin lies, and your profit or loss is calculated based on how far your prediction lands from your chosen entry point (see: How Spread Betting Odds Work).

Important: Spread betting is leveraged — losses can exceed deposits.

Restrictions

Spreadex is available only to customers residing in the United Kingdom. It is not accessible to international users and requires full address verification as part of its account registration process.

Current Signup Offer

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Spread betting losses can exceed deposit. 18+ www.gambleaware.org. Place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet.

Key Features

Spreadex is unique in the UK market for combining traditional sportsbook features with advanced spread betting tools. Here’s what makes it stand out:

Dual Betting Options (Fixed & Spread)

Spreadex allows you to place both fixed-odds bets and spread bets on the same platform — no need for separate accounts. Whether you prefer straightforward bets or want to speculate on margins and totals, Spreadex has you covered.

In-Depth Football Spreads

From Total Goals to Shirt Numbers and Corner Counts, Spreadex’s football spread markets are among the most detailed in the industry. These markets offer more variables to bet on than traditional sportsbooks, rewarding those who study team stats and match flow.

Financial Spread Betting

Unique among UK bookies, Spreadex provides full access to financial markets — including stocks, indices, FX, and commodities — via a regulated FCA account. It’s a powerful crossover product for bettors and traders alike.

Cash Out & Bet Builder

Fixed odds bets come with full and partial cash out on selected markets. The football Bet Builder allows you to combine goals, corners, cards, and player stats into custom bets.

Risk Management Tools

Spread betting includes risk features like stop-losses, stop-entries, and guaranteed stop orders. These help cap potential losses and are essential when using leverage on volatile markets.

Fair Promotions & Free Bets

While not promo-heavy, Spreadex offers simple and fair welcome deals like free bets or cashback. Ongoing offers reward both fixed-odds and spread users without complicated terms.

Spreadex FAQ

What is Spreadex?

Spreadex is a UK-based betting site offering both fixed-odds and spread betting. It also provides financial spread betting on markets like stocks, indices, and currencies — all under one account. It’s the only UK operator to offer this combination of services.

Is Spreadex licensed and safe to use?

Yes. Spreadex is regulated by two UK authorities: the Gambling Commission (for sports betting) and the Financial Conduct Authority (for financial spread betting). It’s considered a safe and reputable operator, with a long track record since launching in 1999.

What’s the difference between fixed-odds and spread betting?

With fixed odds, your payout is known at the time of placing the bet. Spread betting is more dynamic — your profit or loss depends on how right or wrong your prediction is. The more accurate your bet, the more you win (or lose). Spread betting carries higher risk, including the possibility of losing more than your stake.

Can I lose more than I deposit on Spreadex?

Yes — but only with spread betting. Fixed-odds bets have capped losses, while spread bets are open-ended. That’s why Spreadex offers stop-loss features to help you manage your risk. These tools can automatically close your position if the market moves against you by a set amount.

Learn more: How Spread Betting Odds Work

Does Spreadex offer in-play/live betting?

Yes. Both fixed-odds and spread betting are available in-play across major sports. You can react to events as they happen, with updated pricing and market depth during live games.

Does Spreadex have a mobile app?

Yes. Spreadex offers dedicated mobile apps for iOS and Android. The app supports both sports betting and financial trading, with all the same account features available on desktop.

Is Spreadex available outside the UK?

No. Spreadex is only available to UK residents. You must provide a valid UK address and pass verification checks to open an account.

Toby @ Punter2Pro
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