 Spreadex commenced business in 1999. The firm is authorised and regulated by the Financial Services Authority to operate in the sports and financial spread betting markets.
The Financial Service Authority’s rules require that all client money, i.e. money owed to clients, whether in crystallized winning bets, deposits or the valuation of open winning positions, is protected and held in a separate Bank account to the firm’s monies.
The business was founded by former City dealer Jonathan Hufford who was hooked on the sheer fun offered by spread betting. He decided to set up his own company but to make spread betting much more user-friendly.
The company grew quickly following a commitment to friendly and accessible service. It has already outstripped many competitors to become the preferred choice of over 10% of the country's spread betting enthusiasts.
In May 2006, Spreadex launched its online sports betting service, enabling customers to study markets and then place bets from their own PC using a totally safe and secure system.
Subsequently, in May 2007, the company launched online financial trading, allowing clients to place financial trades from any computer, and additionally place and edit stops, limits and orders to open. |  |
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