All about Spreadex Company
This is a company that specializes in spread betting was founded in 1999. location was originally in Dunstable, Bedfordshire. After 9 years, the company moved to St. Albans, Hertfordshire.
The company launched its online system in 2006, later creating a platform for it. The company continued its development and 4 years later offered its customers sports betting as well, and the betting format was both fractional and decimal.
Already in 2011, following the market trends, the company offered online casino with live dealer.
A year later, in 2012, the bookmaker Shortsandlong joined the company, and in 2013 a new service called “speed markets” appeared. It is a service, thanks to which clients got an opportunity to earn on the fixed risk when trading in the financial market.
Recently the company has been submitting reports, which fixes profits. For example, in one year from 2015 to 2016, the company’s turnover grew by 10 million pounds, amounting to 50 million pounds. This was unspeakably happy for the shareholders of the company.
A little later, the heads of the company organized a site at Kempton Park racetrack, where bets were accepted with a fixed rate.
Regarding sponsorship, the company was somewhat cautious, so agreements were established with the Cancer Research Foundation, the armed forces and some others.
Despite the interesting approach to doing business, the company is regulated, in the UK, the supervision is organized by the FCA. This suggests that the company is subject to fairly strict rules, and client funds are perfectly safe. Client funds are distributed in some world-renowned banks.
Offers of the company
The company offers its clients a fairly wide list of tools for generating income. For example, there is a choice of 15,000 assets available, including currency pairs, securities, Eurobonds, commodities, digital currencies and options.
There are many reviews on the internet from clients of the company, who tell about a good set of instruments, about the transparency of all operations.
Among the income opportunities, a wide selection of sports events, it can be anything, races, horse racing, soccer, rugby and other sports. There are also bets on the UK elections.
The amount of minimum starting capital
In fact, only one pound is required to start trading, the minimum volume with which you can open trades is only 10 pence.
Spreadex receives income at the expense of the purchase price difference of the sale price. For example on the currency pair EUR / USD, the spread will be only 0.6 pips. This is 0.2 pips lower than the average of our nearest competitors.
Despite the strict requirements of the UK regulator, Spreadex company offers its clients the financial leverage of 1: 200, and it is still possible to increase this figure by contacting the client support department.
There are no swaps in this company, no fee for downtime of the account, this distinguishes the company from its competitors.
Promotional campaigns and bonuses
Every client has the opportunity to get an iPad, it is enough to meet the minimum requirements of the company. Also, if you open an account for traders, you can get a five percent bonus on winning UK100.
Before or after registering, you can check the full list of current bonuses and promotions on the company’s website. For example, there is a referral program that provides free bets on SPEED Market up to £100. There are some sign-up bonuses.
The company has developed its own platform Spreadex and work through browsers. It is possible to open trades with a single click, there is also a system of price change notifications. News feeds are built into the platform, so you’ll always be aware of what’s happening and will receive news that can influence price movement.
Among the important features of the platform are: fast execution of orders, the ability to download a mobile application, the ability to open transactions in a compulsory manner. As for the mobile application, it will not differ in its functionality from the browser or desktop version.
Account replenishment options
The company welcomes classical variants of depositing to the trading account by plastic card or by bank transfer, if you pay by British card then no commission is charged. If you pay by credit card, be prepared to pay a 2% fee. If you use cards issued in other countries, the fee will be 2.5%.
As for electronic payment methods, the company only accepts Skrill.
Withdrawal methods are usually the same as deposit methods, the time it takes to withdraw profits sometimes reaches 5 days, and the minimum amount that can be withdrawn from the platform-50 pounds.
It is allowed to have one trading account for both financial markets operation and for sports betting. It should be noted that each client will need to verify the account. For this purpose, it is necessary to provide personal identification documents, as well as the document that will confirm your residence address. It is also easy to close your account, you can do this from your personal cabinet or contact the support team. All ways to contact the customer service are listed on the company’s website.
This company does not offer any opportunities to test the trading platform with virtual money.
Other useful options
It is possible to view all bets on sporting events in one place
Customers can use the notification system, which is called “Pulse”
The company provides clients with some guidance and information on working with assets: and sports betting on working with the financial markets.
This company does not offer the possibility of using an API, which may upset some customers.
The company respects the privacy of customers’ personal data as well as financial information, so all data and all transactions are stored in encrypted form only.
According to our research, both the financial direction of this company and trading on sports events has only positive reviews. There are a huge number of options to get income, the company constantly offers various promotions and bonuses to attract new customers, do not forget to monitor this on the website of the company. More than 20 years of experience in working with the sports market gives a huge advantage of this company among its competitors.