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Spreadex regulation
Across a hundred brokers, the licence is what separates the field fastest. Here is Spreadex's regulatory record in full.
Facts last checked . Read the full Spreadex review.
Regulation and safety
- Regulated by
- Financial Conduct Authority (FCA), FRN 190941
- Regulator tier
- Tier 1
- Register entry
- FCA Financial Services Register, FRN 190941
- Client money segregated
- Yes
- Held at
- Approved UK banking institutions; specific bank not prominently disclosed
- Negative balance protection
- Yes, retail clients
- Compensation scheme
- FSCS protection for eligible clients, subject to applicable limits
- Audited by
- Independent statutory auditor
- Not available to
- Primarily UK-focused; availability depends on residency and jurisdiction
Check the licence yourself: the FCA Register.
What this means
Across a hundred brokers, the licence is what separates the field fastest.
Spreadex holds a tier-one authorisation from FCA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.
Client money is held separately from the firm's own money, at Approved UK banking institutions; specific bank not prominently disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by FSCS protection for eligible clients, subject to applicable limits, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about Spreadex regulation
Who regulates Spreadex?
Spreadex is regulated by Financial Conduct Authority (FCA), FRN 190941.
Is client money segregated at Spreadex?
Yes. Spreadex holds client money separately from its own funds, at Approved UK banking institutions; specific bank not prominently disclosed.
Does Spreadex offer negative balance protection?
Yes. Spreadex offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Regulation at brokers under the same regulator
- Eightcap regulation also licensed by FCA
- FxPro regulation also licensed by FCA
- Exness regulation also licensed by FCA
- HF Markets regulation also licensed by FCA
- CMC Markets regulation also licensed by FCA