Is Spreadex Safe?
Spreadex hit the digital trading and sports betting scene in 1999 with its headquarters based in Dunstable, Bedfordshire. The company facilitates both forex and CFDs, as well as a range of spread betting markets across multiple disciplines.Source :theinvestorscentre.co.uk
A regulated broker, Spreadex follows strict regulatory guidelines and keeps clients funds segregated from its operational capital via tier-1 banks. This is a crucial safeguard, as it means your money won’t be used to cover the company’s debts in the event of a bankruptcy or other unforeseen scenarios.
Is Spreadex Safe? Security, Trust, and Reviews
This broker also offers negative balance protection for retail traders, ensuring you can never lose more than your initial deposit. This is a requirement of top-tier regulation and something most brokers don’t offer. Professional and credit accounts, however, do not have this coverage as they trade on borrowed money.
In addition to offering a great range of financial and sports markets, Spreadex also provides a number of unique features that are designed to make punting easier for customers. For example, their 2nd to a rag insurance is a welcome respite for racing fans who have seen the form horse they’ve carefully selected get chinned by an outsider. This feature can pay out your bet at double the odds on all fixed odds wins across UK and Irish races. This is a nice touch and one that makes Spreadex stand out from the crowd of online bookmakers.
