Latest news with #Spreadex
Reuters
6 days ago
- Business
- Reuters
Spread-Bet.co.uk Reveals Top Mobile Spread Betting Apps and Brokers for 2025
CAULFIELD NORTH, Australia, August 5, 2025 (EZ Newswire) -- Broker comparison website, opens new tab, announced its latest list of the top spread betting mobile apps and providers. According to research released by in July 2025, Spreadex, opens new tab ranks as the top mobile spread betting provider, followed by Pepperstone, opens new tab in second place and OANDA, opens new tab in third. Spreadex secured the No. 1 spot thanks to its exceptional all-round performance. Reviewers praised its simple navigation and intuitive controls. This was backed up by highly competitive spreads, which beat the industry average on seven of the nine most commonly traded pairs. Justin Grossbard, co-founder of and trading expert, explained why Spreadex performed so well in these tests: 'For traders of all backgrounds, a spread betting app needs to offer three things. These are an intuitive design, a comprehensive range of features, and competitive trading conditions.' 'Spreadex provides all three. It combines an easy-to-use app with advanced charting. At the same time, it offers more than 11,000 spread betting markets, with spreads starting from only 0.90 pips. Considering all this together, it had to be top of the pile overall," added Grossbard. Other high-scoring brokers include Pepperstone, which ranked second. Pepperstone offers some of the best spreads in the market, beating the industry standard for all of the assets tested by the team, including forex pairs as well as UK, U.S., German, Hong Kong, and Australian shares. Pepperstone delivered better-than-average spreads across all of these asset categories. OANDA rounded out the top three, with naming it the best spread betting app for beginners. With stake sizes starting at just £0.01, it offers one of the lowest-risk entry points to the market — an advantage few other brokers match. In total, featured eight apps in its 2025 rankings. CMC Markets, opens new tab was praised for its professional-grade spread betting tools, IG Markets, opens new tab for its extensive product range, and City Index, opens new tab for its seamless integration with MetaTrader 4. FXCM, opens new tab and AvaTrade, opens new tab also made the list, ranking seventh and eighth, respectively. FXCM stood out for its support across multiple mobile platforms, while AvaTrade earned praise for its robust features on Apple iOS. To determine the top eight mobile spread betting apps and brokers, the team employed a comprehensive and multi-layered evaluation process. First, the team conducted hands-on testing of each app, allowing them to assess usability, performance and overall effectiveness based on their own expertise. As experienced spread betting professionals, they drew on industry knowledge to deliver informed, first-hand assessments. In addition to internal testing, the team analyzed user reviews and community feedback, identifying which platforms were receiving the most positive responses from real users. Only apps that scored well in both expert evaluations and consumer sentiment earned a place on the final list. To ensure results remain accurate and relevant, regularly updates its rankings of top brokers and spread betting software — providing users with current, trustworthy guidance as they navigate the market. About Launched in 2024, is designed to help UK traders learn more about the tools and brokers available to them. The website is operated by its co-founders Justin Grossbard and Noam Korbl, two experienced traders who also run the sister site, CompareForexBrokers. For more information, visit opens new tab. Media Contact Justin Grossbard justin@ ### SOURCE: Copyright 2025 EZ Newswire See release on EZ Newswire
The Sun
17-06-2025
- Sport
- The Sun
Spreadex Royal Ascot betting offer – Bet £10, Get £60 in Free Bets
THE biggest week in flat racing is here. With top-class Group One races from Ascot, comes top-class promotions, and we've got a beauty for you with the latest Spreadex new customer offer. Stake a tenner at Ascot and get £60 in free bets. Read on to find out how to claim yours. What is the Spreadex Royal Ascot betting offer? New customers who place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2 (1.5) at Royal Ascot will receive a total of £60 in free bets. Once your qualifying bet settles, you will receive three £10 free fixed odds bets, three £5 Total Goals football spread bets, three £5 Winning Favourites racing spread bets and one £1 Race Index spread bet. This promotion is open to new customers only and you have to be 18+ to claim and a resident in Great Britain or the Republic of Ireland. You have 28 days to use your free bets. How to claim the Spreadex offer for Royal Ascot Claiming your £60 in free bets is easy. Just follow the below steps: Open a new Spreadex account here. Make a deposit into your new account. Place a £10 fixed odds single (or £10 each-way) on any market at minimum odds of 1/2. Once your qualifying bet settles, your free bets will be automatically credited. Use free bets within 28 days. What happens next? Once your qualifying bet settles, you will receive your free bets in stages. First up, you'll receive a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. After 24 hours, you will get your second £10 free fixed odds bet, along with your next £5 free Total Goals football spread bet and your next £5 racing Winning Favourites spread bet. Finally, a further 24 hours later you will get your third £10 free fixed odds bet, another £5 free Total Goals football spread bet, and another £5 racing Winning Favourites spread bet. Terms and conditions of this Royal Ascot betting offer from Spreadex To ensure you qualify for the maximum £60 in free bets from Spreadex, read through the terms and conditions of the offer below. Failure to follow the proper procedures could exclude you from the promotion. New customers only. 18+ Place a £10 fixed odds bet or a £10 each-way bet (minimum odds 1/2 (1.50) or greater). Only the win part of each-way bets counts toward qualification. In-play bets or bets cashed out early do not qualify. Valid for 28 days from issue. Free bet stake is not returned in any winnings. Only available if you have a fully verified spread betting account. While the bets are free, spread betting carries risk – you can lose more than your stake. Please ensure you understand how spread betting works before using these bets. Full Terms and Conditions apply. About the author Craig Mahood Craig Mahood is an expert in sports betting and online casinos and has worked with the company since 2020. He joined the Betting & Gaming team at The Sun in June 2022 and works closely with the leading bookmakers and online gaming companies to provide content on all areas of sports betting and gaming. He previously worked as a Digital Sports Reporter at the Scottish Sun, covering Scottish football with particular focus on Celtic and Rangers, As well as football, he has covered horse racing, boxing, darts, the Olympics and tennis for the Sun. Remember to gamble responsibly A responsible gambler is someone who: For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to to be excluded from all UK-regulated gambling websites.
Reuters
05-06-2025
- Business
- Reuters
UK regulator flags competition concerns again over Spreadex-Sporting Index deal
June 5 (Reuters) - Britain's competition watchdog on Thursday renewed its concerns about Spreadex's 2023 acquisition of Sporting Index's consumer arm, saying the two companies together have a monopoly over the UK's licensed online sports spread-betting market. The Competition and Markets Authority (CMA) reopened its investigation into the deal in March after its order last November requiring Spreadex to sell the business it acquired from Sporting Group in 2023 was overturned by the Competition Appeal Tribunal (CAT) following an appeal by Spreadex. The CMA, which acknowledged errors in its initial findings due to misinterpretations of third-party evidence, has now provisionally concluded in its latest investigation that Spreadex and Sporting Index do not face any meaningful competition from other types of betting providers. Spreadex had argued that Sporting Index would have exited the market without the deal, but the CMA believes it could have been sold to another buyer and remained a competitor. Spreadex declined to comment on the regulator's latest findings. The company has until June 19 to respond with possible remedies, the CMA said.
New Indian Express
01-06-2025
- New Indian Express
Man duped of Rs 22 lakh in trading scam, one held
CHENNAI: The Greater Chennai Police's north zone cyber crime unit on Saturday said they have arrested a man for cheating a person of Rs 22 lakh by promising huge returns in trading. The victim Dillibabu (35) is a resident of Sembium. The complaint states that O Muthumanickam (55) befriended him on a chatting application and convinced him of huge returns on investment. Muthumanickam collected around Rs 22.7 lakh from the victim and spent it on sports betting and trading websites like Spreadex. However, the victim did not get any returns or the original investment back, after which he filed a police complaint. The accused was taken into custody from a house on East Coast Road near Uthandi and sent to prison.
North Wales Chronicle
15-05-2025
- Business
- North Wales Chronicle
Online gambling firm Spreadex fined £2m for social responsibility failings
The online firm failed to carry out appropriate checks on a customer who hit a daily deposit limit of £3,340 on 12 occasions over 14 days, the Gambling Commission said. Despite the high spending over a short period, Spreadex's social responsibility interactions consisted of four pop-up messages without any human interaction. Anti-money laundering failures included failing to ask for 'source of funds' information from a customer who deposited around £64,000 into the business within a short period. The customer went on to lose £50,000 within one month. Spreadex Limited – which operates from – will pay a £2,022,000 penalty for the failings, which happened between September 2022 and November 2023, and also have to undergo a third-party audit. It is the second enforcement action against Spreadex after it paid a £1.36 million regulatory settlement in 2022, again for social responsibility and anti-money laundering failures. The Gambling Commission's head of enforcement John Pierce said: 'The conclusion of this case marks the second time Spreadex Limited has been subject to enforcement action. 'Its failure to uphold anti-money laundering standards, delays in necessary interventions, and weaknesses in social responsibility measures were unacceptable. Spreadex Limited to pay £2 million for social responsibility and anti-money laundering failures. To read more visit our website 💻 — Gambling Commission (@GamRegGB) May 15, 2025 'The operator placed undue reliance on customer assurances about the source of funds, rather than obtaining evidence from independent and verifiable sources, as we would expect. Operators must not only implement and maintain robust anti-money laundering policies, procedures, and controls, but also act swiftly in response to any indicators of suspicious activity. 'During the review, it was found that one customer, showing markers of harm, was using products across areas overseen by two different regulators. As the gambling regulator, we stress the importance of licensees understanding and managing cross-channel usage in their anti-money laundering and social responsibility policies.' He added: 'Operators should be in no doubt: repeated regulatory failings will result in escalating enforcement action.'
