Spreadex bookmaker review

By Simon Head

Spreadex may be one of the top spread betting operators in the UK, but their platform also offers comprehensive fixed-odds sports betting offers via its website and app, with some excellent promotions available.

Key information

What is Spreadex all about?

Bonuses

During our review of the Spreadex Sports website and app, there was a decent selection of sign-up bonuses and offers for new customers, including their ‘Bet £25, Get £50’ welcome offer, and ‘earn an iPad or up to £300 cashback’ on the trading side. A promotion trio of horse racing offers, special bonuses, plus acca boosts, were also available. We weren't able to identify any bonus codes.

Available sports

The selection of sports on offer at Spreadex is comparable with most of the other bookmakers in the UK sports betting market - Premier League and horse racing always on offer. Virtual sports and politics/election betting are also present, but there is a relative lack of niche sports compared to many of the other top bookies online.

Minimum bets are available starting with just 1p and for more volatile markets from 15p. The minimum stake size is always displayed on the betting slip and/or trade ticket itself.

User experience and interface

The Spreadex sports betting site can best be described in three words: effective, but dated. The website looks in desperate need of a refresh, and while the information you’d expect to see on the site is all there. It’s not going to win any awards for design or aesthetics. That said, if you’re a no-frills sort of bettor, the rather basic, black and white Spreadex site might be just what you’re after. It’s short on bells and whistles, but it does what it needs to do. Sign-up process and log in were straightforward. The only issue we encountered was the amount of times the site defaulted to spread betting markets, not fixed-odds markets, which required an extra click or two before we got to the match odds we were looking for.

Spreadex does not offer a free demo account to try out their trading platform, though they do have small trading bets as low as 1p-15p, which is quite nice for any beginner to practice.

Mobile and app compatibility

The Spreadex website looks pretty basic in terms of design and, to be fair, so does the app. The featured areas at the top of the homepage offer a little design and functionality, but the menus, and the lists are all very simplistic. That may have a positive effect on the speed of the app. But in our tests across all the betting sites we’ve reviewed, speed hasn’t been an issue, so I’m not sure the stripped-back front end is essential. Functionality-wise, like the website, it works a treat, and that’s why it has solid ratings on Google Play. Its ratings on Apple’s App Store are higher, but it’s had a small number of reviews by comparison.

App Store: 4.7/5 stars (533 ratings)

Google Play: 4/5 stars (50k reviews)

VIP programmes and loyalty rewards

During our review of Spreadex, we could not find a loyalty programme, though there was a ‘refer and earn’ programme where customers can refer a friend to earn bonuses.

Pros & cons of Spreadex

Diving deeper into Spreadex Sports

Licensing

Spreadex is licensed in the UK by the UK Gambling Commission. The spread betting part of the site is regulated by the Financial Conduct Authority.

Payment methods

During our review of the Spreadex app, the only payment options available to us were debit cards or Apple Pay.

Security and fairness

Under Gambling Commission guidelines, Spreadex customers’ betting funds receive ‘medium protection’ and will be held in accounts separate from business accounts, to ensure that in the event of insolvency, funds can be returned to their customers. The site is affiliated with IBAS for independent resolution for Spreadex’s fixed-odds betting products.

Responsible gambling measures

Spreadex's safer gambling measures include deposit limits, timeouts, self-exclusion, product blocks, and additional resources and information for bettors to stay in control of their betting. There are also links to external bodies, including BeGambleAware, GamStop, and GamCare's National Gambling Helpline.

FIRST rating

4/5 stars

Payment methods available at Spreadex

Spreadex FAQs

Is Spreadex legit?

Absolutely. Spreadex is legit and safe. It's one of the top sports spread betting operators in the UK, and their fixed-odds sports betting is also excellent.

Spreadex is a major football sponsor in the English Football League, serving as front-of-shirt sponsor for Sunderland and partnering with clubs like Cardiff City, Blackburn Rovers, Watford, and digitally with Preston North End.

How can I contact customer support at Spreadex?

Telephone numbers and an email address can be found at the foot of the Spreadex website. In addition, the contact us page on the app offers the ability to email or call the sports, customer services and financial teams at Spreadex. There’s also a pop-out live chat box, accessed from the bottom right of the screen. 

How do I reset my password at Spreadex?

To reset your password on Spreadex, tap the person icon at the top right of the Spreadex app, or click my account in the top right of the desktop site, then scroll down to edit security details. You’ll find a link to change your password there.

Whats happening with the Spreadex / Sporting Index merger?

Spreadex bought the business-to-consumer (B2C) arm of Sporting Index in November 2023, but the UK Competition and Markets Authority (CMA) raised monopoly concerns. After an appeal overturned the order to sell, the case is still under review, with a final CMA decision expected later this year.

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