Some bookmakers have mysterious names that cannot be understood by mere mortals; others are more… Ronseal in their approach. Spreadex LTD falls into the latter: if you’re looking for a spread betting experience, then this is the site you’ll need and in the Spreadex vs other operators debate it consistently ticks all the boxes.
If spread wagering isn’t your thing – and if it is, kudos, because spread wagering is complex with a capital C – then you’ll be pleased to know this operator also offers a cracking fixed odds sportsbook too. Most importantly of all, there’s a nice £30 bonus offer for those interested in betting on the sportsbook and casino platform. So there’s no doubt about it: Spreadex UK are clearly worth a look, and our independent Spreadex review is a great place to start learning more about what Spreadex offers. So without further ado, we review Spreadex and assess whether this popular site really lives up to the hype…
No doubt you’ve got questions about this operator: ‘Is Spreadex reliable?, ‘Is Spreadex secure?’, and all of those other sensible queries any experienced punter has when considering signing up to a new bookie. Well, fear not: questions such as ‘Is Spreadex reliable?’ and more like it are answered in full in our Spreadex reviews. We know what punters want to know, because we are punters – so you can expect our review will cut straight to the basic facts and deliver Spreadex ratings you can rely on.
Looking for something beyond our Spreadex betting review? We’ve got you covered there too; there’s our Dafabet review, our GentingBet review, and so much more across our site. But for now, let’s focus on the spread wagering (*whisper and fixed odds too but that’s less catchy and we can’t fit it in the name…) maestros of Spreadex UK as we dive into the nitty gritty of our Spreadex ratings in the following review.
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If you’re a new Spreadex account holder, then you’re in luck; this Spreadex review will cover all of the currently available promotions after opening a Spreadex account. You’ll know the answer to the question: is Spreadex reliable? After you’ve looked at the amazing offers on display, it’s important to bear in mind that a good sportsbook rewards its punters – much like in our Mr Green sports review.
Spreadex UK has a great signup bonus for its newcomers. This could give you up to £30 in bonuses to play with. All you need to do is to put down £10 on a fixed-odds single wager that has odds of 1/2 (1.50) or higher. Once this qualifying bet has been settled, you will get two £10 bonus wager tokens for fixed odds betting and two £5 bonus tokens for total goals spread betting. Remember that these wager tokens won’t arrive in one single batch, but they will turn up in your Spreadex account over several consecutive days.
We should point out the fact that you cannot withdraw the actual bonus wager tokens, only the extra winnings gained from them. Plus you have to claim these bonus bets within your first 28 days at the Spreadex site.
Once you’ve received your Spreadex free bets, you can use them on any sport that you choose. This means using your Spreadex free wager tokens on odds for horse racing, football, cricket, golf, tennis, and the NFL. Many other markets exist as well like those for rugby union & league, snooker, and darts. All the information needed for this offer can be found in the Spreadex offers, under the promotions tab.
A factor that’s especially important to newcomers in the betting industry is an easy to navigate online environment and a site that is user friendly. Our Spreadex reviews will cover the basic look and feel and overall use of the site.
The Spreadex UK site is concise to navigate, with the overall user experience rated highly in our operator review. You can move across all of the different sporting pastimes it offers with no problem. Tabs across the top banner will take you to each main betting area for the respective sport selected, making it refreshingly user friendly. The In-Play options are available on the left banner of the page, as well as via the In-Play tab.
The colour scheme is easy on the eye and allows the betting markets to become the sole focus of the page. Darker tabs draw your attention to the navigation to different sporting events. Towards the bottom of the page is a bubble for extras, including results and help and support.
Live races are also shown in the middle of the main betting area. There’s a few graphics making for an uncluttered and easy to navigate operator that is user friendly and easy to navigate. Additionally, when clicking to another page like promotions, a new window will pop up. This is handy so you don’t lose what you’re currently doing.
Good Spreadex ratings are usually calculated with a few factors in mind, like a comprehensive payment portal. With secure payment methods, such as debit cards, that protect your bank account the answer to the question “Is Spreadex secure?” is clearer than day.
Is Spreadex secure for making deposits? Spreadex accepts payment via a UK debit card, as well as bank transfers, cheques or by using direct debit cards instead. You may only use the debit card payment in terms of your cards, as debit card types are no longer viable in the UK for online bookmaker sites. Is Spreadex trustworthy for making bank transfer deposits? A bank transfer meets industry standards for bank transfers and will likely be credited within two days. Spreadex has placed a £1 charge on card deposits under £50.
Although Spreadex accepts debit card and direct bank transfer methods, Spreadex is amongst those that don’t currently accept any EWallet services for payment, something also seen in the Mcbookie review. This is strange considering these cards’ popularity amongst other sportsbooks. But the Barclays Pingit mobile app is available for payments.
The smallest withdrawal amount for Spreadex UK is £50; any amount lower than that will mean the full amount must be withdrawn. You can request your fund’s withdrawal online or over the phone or via email. The same card that was used to make a deposit must be used to withdraw funds.
So Is Spreadex secure for paying out? The most you can withdraw is £25,000 unless you’re using MasterCard, which is £2,500 per transaction (but can be used multiple times a day!). So is Spreadex a secure option for withdrawals? Again, in line with industry standards, you can expect funds to reflect within 2-5 days.
One of the most important factors that must be taken into consideration for any Spreadex reviews, and what goes a long way for Spreadex ratings, is the customer service provided by the operator and whether the site as a whole is user friendly when you are thinking of opening an account. It also says a lot for those asking: is Spreadex reliable? Does Spreadex offer a secure sports betting service when you open an account? We review Spreadex for the following factors below.
Site-wide, a banner for both an email service and the sports desk and general inquiries contact number is available. The help & support section contains FAQs for sports. FAQs for your Spreadex account, and any technical issues regarding its sports betting service that you may encounter are also here. A contact button on the main banner will also take you to the customer support portal.
The landlines provided for phone support are for both domestic and international punters making it convenient to contact the team if you need advice after you open an account. It appears to be only offered in English on the site. The customer support hours listed are 8 am – 5:30 pm. This doesn’t leave much support for late-night punters. Later availability is something that other bookies offer, like in the Racebets reviews, and may be more convenient. There is, however, a live-chat window that I used to get help from a nice guy called Nick on the Spreadex sports betting site. Take a look below to see how Nick helped me find my welcome bonuses:
For our Spreadex reviews to give accurate Spreadex ratings, and answer the question ‘Is Spreadex reliable?’ we must review licensing.
This is where it really matters when you ask: is Spreadex secure? Spreadex has gone above and beyond to ensure the safety and online security of its punters. Good licensing and security measures will reflect positively in Spreadex ratings.
It’s essential that you seek a reputable operator online that is approved by authorities such as the Financial Conduct Authority. Knowing that Spreadex is secure and reliable will give you peace of mind. So is Spreadex secure? No doubts here, given that it’s regulated by three authorities: The Financial Conduct Authority, the Gambling Commission, and the Alderney Gambling Control Commission. The FCA, of course, oversees the spread wagering on offer.
Is Spreadex reputable and trustworthy in how it handles your deposits? This means that, not only is Spreadex secure, but your funds are kept safe and secure from Spreadex’s operating capital via Tier 1 banks. There’s regulatory oversight from the FCA. This means that Spreadex is required to adhere to strict regulations that aim to protect its clients.
Additionally, it ensures that your funds are kept safe and secure in a variety of scenarios, including fraud and potential bankruptcy.
Not only is Spreadex secure, but it cares about it’s players. Apart from the welcome bonus, matched bets are another great way that Spreadex UK gives you more for your chances. Spreadex will match your existing wager, offering £25 for each £25 wager you place. You’ll be doubling your betting potential.
Promotions, regular deals and daily deals are another way that Spreadex UK rewards you, and it gives brownie points in Spreadex’s ratings. However, it’s crucial to check out the full terms and conditions of these offers and whether minimum deposit restrictions apply.
A popular notion amongst other sportsbooks is some form of a loyalty programme. Keeping your regulars happy is just as important, if not more so, as keeping your newbies coming in.
Unfortunately, Spreadex UK is yet to roll-out a programme as such, which could harm them in the long term for potential punters. Exclusive bonuses and offers for loyal customers may be found elsewhere. Unfortunately, Spreadex loses out here and stands to lose long term customers.
Spreadex ratings and Spreadex reviews find that the operator has been awarded placement on awards like the Sunday Times Profit Tracklist on three occasions. This is a list of the top 100 fastest-expanding UK companies. The other placement is for customer service for the Best Spreading Betting Firm.
Additionally, Spreadex was named in the report by FT1000 of the top 1,000 fastest-expanding companies for Europe in 2017.
But that’s not all the award-winning business has achieved; it’s also got an award for the Best Spread Betting Firm consolidating its status as one of the best betting firm options around. It has been given various awards in London, from corporations like MoneyAM and Good Money Guide. Awards like these reflect advantageously in any Spreadex ratings as well. Not only do they reflect positively in the ratings, but they contribute toward answering the questions, ‘Is Spreadex secure?’ and ‘Is Spreadex reliable?’.
As mentioned previously, this portfolio is particularly impressive as it’s exclusive to Spreadex. A range of financial markets are discussed in this Spreadex betting review with a further breakdown of Spreadex trading options for punters.
The markets available for Spreadex’s financial spread wagering are in Indices, Shares, Forex, and Commodities, making for a varied mix of Spreadex trading options.
Indices trading means making a wager on the world’s major stock indices. You can trade around the clock on many of Spreadex’s available indices, with spreads on the most popular markets from 1pt on UK 100, 1pt on Germany 30, and 1.7pts on Wall Street. Thanks to its out-of-hours financial trading service, you’re given 24-hour financial trading on many indices, tight spreads, and over 30 indices markets to choose from.
Share market trading offers you the opportunity to profit off fluctuating prices on thousands of global equities. You have full exposure to the market, while bearing only a part of the total cost. You can use Spreadex’s spread wagering or contracts-for-difference (CFD) services here.
You can also take advantage of the best price offers, dealing in small-cap stocks, and choice of shares from over 15 countries. The profits made from spread wagering are also free from certain taxes and duties.
Forex trading allows you to speculate on over 60 currency pairs, including EUR/USD currency pairs from 0.6 pts and GBP/USD from 0.9 pts. Advanced technological tools greatly help this Forex trading market, and 24-hour trading is available for most FX markets.
Lastly, commodities trading is the placing of spread bets and CFD trades on commodity futures markets. The most popularly traded markets on Spreadex are precious metals like gold and silver, along with crude oil (Brent), light crude oil, and natural gas.
There are no limits to financial betting. However, tax inclusion and exemption need to be checked for whichever market you’re interested in.
As one of the UK’s leading spread wagering services, and its only financial spread wagering service, Spreadex has tailored its service well. It offers low stakes and competitive prices amongst financial markets to give punters a wide variety to choose from in the world of financial spread wagering.
Spreadex has a long-standing history in the betting industry as a premium spread betting firm. It has swept many awards with its unique offers in the spread-betting world. Although Spreadex UK does offer a casino, I felt that it’s not the most comprehensive one out there – but this is made up for by the energy that’s channeled into its sports and financial betting.
I found a great welcome bonus is enticing for beginners and offers a significant boost at the very beginning of your betting experience. With over 60,000 account holders, Spreadex has been at the forefront of the spread betting industry since 1999.
You have access to over 10,000 global markets, can trade with attractive margin rates, and deal AIM stock shares with Spreadex, down to a market cap of £1m+. All of this and the best customer service, as voted by traders in the Investment Trends Survey, makes Spreadex a leading choice for your betting operator. I had no choice but to award some brilliant Spreadex ratings.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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