Desk file · 2026 edition · record confidence: medium
Spreadex
We opened the file on Spreadex the way we open every file: register first, marketing never. Trading since 1999, run out of St Albans, Hertfordshire, UK, and carrying 1 licence entry on the public record, 1 of them tier-1. Opened under the FCA entity.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 8.0 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 6.6 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $60.00 |
Spread basis. sampled EUR/USD average on the tightest retail account. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FCA | 190941 | UK | T1 | Spreadex Limited | register.fca.org.uk |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Spreadex was incorporated in 1999 and is headquartered in St Albans, Hertfordshire.
- Spreadex Limited is authorised and regulated by the FCA under firm reference number 190941.
- For fixed-odds betting, Spreadex is separately licensed by the UK Gambling Commission.
- Spreadex quotes a EUR/USD spread of 0.6 points on its financial trading platform.
- In 2022 the Gambling Commission announced a £2,022,000 penalty against Spreadex Limited following an investigation into AML and social responsibility failings.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- minDeposit — no official minimum deposit figure verified
- Exact date of the Gambling Commission penalty announcement
- public listing status
| Founded | 1999 |
| Head office | St Albans, Hertfordshire, UK |
| Minimum deposit | not verified |
| Leverage cap | 1:30 (UK retail) |
| EUR/USD | 0.60 pips |
| Tier-1 entries | 1 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.