If you're new to spread betting, you came to the right place. A UK company known for its CFDs and foreign currency exchange, our comprehensive Spreadex review takes a deep dive into the company's revolutionary sports betting platform, including its odds, sign-up bonus and customer service department.
Full T&Cs Apply! 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.
The Latest Spreadex Welcome Offer
New customers at Spreadex can claim £60 in free bets when they join and bet £10. The bonus breaks down into three £10 free fixed-odds bets, three £5 total goals spread bets, and three £5 winning favourites bets. This gives you nine separate free bets to try different parts of their site.
How to Claim the Spreadex Welcome Bonus
Create Your Account
Fund Your Account
Place Your Bets
Spreadex’s welcome offer comes with fair terms that are achievable for most punters. Simply place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2. There are also ongoing promotions for existing customers, including first-scorer insurance and spread-free bets for regular users.
Our Complete Spreadex Review
Spreadex operates as both a traditional bookmaker and a spread betting site, offering two distinct ways to bet on sports. You can choose fixed-odds betting like any standard bookmaker, or try spread betting, where your winnings multiply based on how accurate your predictions are. We’ve tested both to see how they compare to the best betting sites.
Spread Betting, Bet Builder, Auto Cash Out, Integrated Casino
Minimum Bet
£0.01
Spread Betting
Spreadex’s spread betting platform lets you win or lose based on how accurate your predictions are. Instead of simple win/lose outcomes, your profits multiply if you’re more correct about score totals, supremacy margins, or performance metrics. However, losses can also exceed your stake, making this a higher-risk betting format that requires careful bankroll management.
Betting Odds
We’ve found Spreadex offers competitive odds on their fixed-odds markets, though they’re not consistently the best available. Their spread betting markets don’t use traditional odds – instead, you buy or sell at quoted spreads. The value comes from the potential for multiplied returns when your predictions are particularly accurate.
Bonuses
Spreadex provides one of the more generous welcome offers with £60 in free bets for a £10 stake. They also run ongoing promotions for existing customers, including insurance offers on football and horse racing. The bonus terms are fairer than other bookmaker betting offers we have reviewed.
Football Betting
Football is well covered at Spreadex with both traditional markets and spread betting options. You can bet on standard outcomes the same as other football betting sites, or try spread markets on goals, corners, bookings, and more niche selections. The in-play betting tab lets you choose between fixed odds and spread betting during matches.
Horse Racing
Horse racing features coverage, including both fixed-odds and spread betting markets. You can bet on traditional win/place markets the same as standard horse racing bookmakers, or try spread betting on winning margins and performance metrics. The site includes live streaming for funded accounts, making it easy to follow your bets in real-time.
Cash Out
Spreadex offers cash-out on both fixed-odds and spread betting wagers. The feature works well for managing risk, particularly important given the potentially unlimited losses possible with spread betting. You can also set up automatic cash out at predetermined profit or loss levels which is something not always available at cash out betting sites.
Live Betting
In-play betting at Spreadex stands out because you can switch between traditional fixed-odds and spread betting during events. This creates unique hedging opportunities and lets you adapt your strategy as matches develop. The live platform covers major sports with real-time updates and streaming where available.
Casino Games
Spreadex includes an integrated online casino alongside its sportsbook. The casino offers slots, table games, and live dealer options from established software providers. While not as extensive as dedicated casino sites, it provides convenient entertainment options for sports bettors who want variety.
Spreadex Mobile Betting App Reviewed
The Spreadex mobile app provides access to both their traditional sportsbook and spread betting platform. Navigation is straightforward with clear separation between different betting types. We rated it as one of the top betting apps because it includes live streaming, cash-out functionality, and real-time updates on both fixed-odds and spread positions.
We found the mobile interface particularly useful for monitoring spread betting positions, where price movements can significantly impact potential profits and losses. The app notifications help you stay on top of market changes and betting opportunities.
Payment Methods and Withdrawal Times at Spreadex
Spreadex offers various payment options, including Easy Bank Transfer, which connects directly to your banking app for secure deposits – this function is why we ranked Spreadex so highly when reviewing bank transfer betting sites. They support all major UK debit cards and, we recently reviewed them as one of our top bookmakers that accept Apple Pay since the ewallet was added. The £5 minimum deposit makes the bookmaker accessible, while phone deposit options provide flexibility for those preferring to speak with customer service.
Spreadex Accepts the Following Payment Methods
Payment Method
Deposit Min.
Deposit Max.
Process time
Fees
Withdrawal Time
Visa Debit
£5
£25,000
Instant
Free
2 Hours – 5 Days
Mastercard
£5
£20,000
Instant
Free
2 Hours – 5 Days
Switch/Maestro
£5
£25,000
Instant
Free
2 Hours – 5 Days
Easy Bank Transfer
£5
No limit
Instant
Free
2 Business Days
Apple Pay
£5
Varies
Instant
Free
Via linked card
Withdrawals are impressively fast with some card payments processed within 2 hours of approval, though some card issuers still require the traditional 2-5 day timeframe. Bank transfers reach your account within 2 working days. The minimum withdrawal is £5, and you can make multiple withdrawals per day if needed, with phone support available for withdrawal requests.
Customer Support at Spreadex
Spreadex provides customer support through phone, live chat, and email channels. The support team is knowledgeable about both traditional betting and their specialist spread betting products, which is important given the complexity of some markets.
Spreadex Support Details
Telephone Number
01727 895 000
Address
Churchill House, Upper Marlborough Road, St Albans
Spreadex provides customer support through multiple channels with staff experienced in both traditional and spread betting.
The main limitation is their restricted opening hours of 8am to 5:30pm, which doesn’t cover evening and weekend betting when many customers are most active. However, the quality of support during operating hours is professional and helpful, particularly for explaining spread betting concepts to new users.
Responsible Gambling Tools
Spreadex provides standard responsible gambling tools including deposit limits, loss limits, and self-exclusion options. Given the higher-risk nature of spread betting, they emphasize the importance of understanding potential losses before participating. For additional support with gambling issues, please visit GamCare, and GAMSTOP for UK players seeking self-exclusion services.
Our Final Rating of Spreadex
Spreadex delivers a unique betting experience combining traditional sportsbook functionality with innovative spread betting markets. Their platform suits both conventional punters and those seeking higher-risk, higher-reward betting opportunities. The generous welcome bonus and fair terms make them worth considering, though the limited support hours and spread betting complexity aren’t for everyone.
While we try to make all our operator reviews as in-depth as possible, our readers occasionally have more specific questions. We answered the most popular ones in the section below. If you have any other comments or concerns, contact us at info@bestbettingsites.co.uk.
What is the best Spreadex offer?
The welcome offer is Spreadex's best promotion - bet £10 and get £60 in free bets split into three £10 fixed-odds bets, three £5 total goals spread bets, and three £5 winning favourites bets. They also run ongoing promotions like first-scorer insurance for existing customers.
Are Spreadex's offers available for UK customers ?
Yes, Spreadex offers are available to UK customers. New users need to register, deposit £10, and place qualifying bets to unlock the nine free bets that make up the £60 welcome bonus.
Is Spreadex trustworthy?
Yes, Spreadex is trustworthy and regulated by the UK Gambling Commission under licence number 8835. They've operated since 1999 and are also regulated by the Financial Conduct Authority for their financial trading services.
How long are Spreadex withdrawal times?
Card withdrawals can take anywhere from 2 hours to 5 days depending on your card issuer, while bank transfers typically arrive within 2 working days. Some newer cards process withdrawals within 2 hours, though traditional processing still takes 2-5 days for certain issuers.
Written by Leon Marshall
Spreadex Player Reviews and Comments