The Spreadex Review
Formed in 2000 by former City dealer Jonathan Hufford, Spreadex offers CFD Trading, Financial Spread Betting, Sports Spread Betting and Fixed Odds Betting
A Range of Platforms
The Spreadex platform provides one-click dealing, pairs or standard views, customisable watchlists and quick and easy access to adding orders, editing stops and limits and viewing positions. There’s a fully customisable trading screen where users can drag and drop – and re-size – pop-out windows such as specific charts, watchlists or favourite markets into convenient positions on their screen.
There are stop loss functions available for clients to help mitigate risk and , for an additional fee, guaranteed stops for added security should the market make a significant jump.
Spreadex clients can benefit from a charting package that provides a wide range of technical indicators, automated pro trend lines, and sophisticated drawing tools. In addition, The Armchair Trader understands that pattern recognition technology will be available before the end of the year.
There’s also a price alert feature which enables clients to set notifications for their chosen markets.
As well as the web-based platform, there’s an iPad, iPhone and Android app available for account holders.
Popular Markets with 24hr trading
Spreadex offer spread betting and contracts for difference on a wide range of markets that include popular indices, forex pairings, popular shares through to small cap and AIM stocks, commodities, bonds and interest rates.
The most popular markets are available for 24hr trading. With attractive levels of margin available and a credit facility for qualifying clients, Spreadex allows traders to maximise their trading opportunities.
Fixed Risk Spread Betting
Spreadex offer a fixed risk service which is called Financial Speed Markets. The service allows traders to place quick, fixed risk spread betting trades on financial instruments via their web platform. Traders can login, look for the ‘Market Menu’ on the left hand side and select the “Speed Markets” option.
From there traders can select their market, input a stake, select an expiry time and choose whether the market will be above or below the current price at expiry.
The Spreadex Offer
New account holders are eligible for a free copy of ‘Trading Like a Shark’ by Robbie Burns.
As a featured partner, Spreadex are offering visitors to The Armchair Trader a FREE copy of Malcolm Pryor’s Financial Spread Betting Handbook. You can follow the link to obtain your copy.
Regulated and Authorised
In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Conduct Authority. CFDs and Spread betting carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved. In relation to fixed odds, Spreadex Ltd is licensed and regulated by the Gambling Commission under licence number 000-008835-R-104580-004.