|Headquarters||St Albans, Hertfordshire, UK|
|Jonathan Hufford Managing Director|
|Products||Financial spread betting |
Sports spread betting
Number of employees
Spreadex commenced trading in 1999 in Dunstable, Bedfordshire. It was founded by former City dealer Jonathan Hufford with the intention of making spread betting more accessible. The business relocated to St Albans, Hertfordshire in February 2008.
In May 2006, Spreadex launched an online sports betting service and soon after launched a financial online trading platform. In May 2010, the company launched a fixed odds sports betting service allowing bets to be placed in both fractional and decimal format.
Spreadex was listed in the Sunday Times PriceWaterhouseCoopers Profit Track 100 for three years in succession. In 2006, Spreadex finished 34th; in 2007, they finished 23rd, and in 2008, they finished in 49th place.
In June 2011, Spreadex acquired the client database of extrabet, the sports betting arm of IG Group. This was followed in January 2012 by the purchase of the client database of bankrupt company MF Global Spreads, and by the purchase of the non-equities business of rival spread betting firm Cantor Index in March 2013.
In October 2014, to accommodate the firm's growing workforce, Spreadex moved to a larger, newly-refurbished office in St Albans called Churchill House. The location of the office remains a short train journey from Central London.
Spreadex has won numerous awards since its inception, including Best Spread Betting Provider at the 2016, 2018 and 2020 City of London Wealth Management Awards; Best Mobile Trading Platform and Best Trading Alerts System at the 2020 ADVFN Awards; Best Spread Betting Provider at the 2019 Good Money Guide Awards; and Best Spread Betting Operator at the 2017 and 2020 EGR Awards.
This as well as Best Customer Service in the 2013, 2014, 2015 and 2017 Investment Trends Report. In 2017, Spreadex was also listed by the Financial Times Europe as one of the top 1000 fastest growing companies in the continent.
Spreadex has three main products – sports betting, financial trading and casino gaming – and takes a range of bets via desktop, mobile, tablet and telephone.
Spreadex owns financial spread betting company (www.shortsandlongs.com) which was launched in October 2008. The client database of ShortsandLongs was transferred to Spreadex in March 2012 to consolidate its business.
- Spreadex Website - Company History
- City AM Schoolboy bookie who turned spread betting evangelist
- St Albans Review - Growing betting firm choses St Albans
- Spreadex Launch fixed odds
- Spreadex 34th in Profit Track 100
- Spreadex 23rd in Profit Track 100
- Spreadex 49th in Profit Track 100
- Yahoo finance! Spreadex Acquires extrabet Customers
- Spreadex acquires Cantor Index clients
- Spreadex Debuts Online Casino
- "Spreadex and Computacenter agree private cloud deal". iGaming Business. 27 September 2013. Retrieved 10 August 2020.
- "Spread Betting Awards | Financial Spread Betting | Spreadex". www.spreadex.com. Retrieved 10 August 2020.
- Roocroft, Andy. "Five gambling firms named in FT's fastest-growing companies rankings". EGR Intel. Retrieved 10 August 2020.
- "What Is Sports Spread Betting | Spreadex | The Spread Experts". www.spreadex.com. Retrieved 10 August 2020.
- "What Is Spread Betting | Get Started | Spreadex". www.spreadex.com. Retrieved 10 August 2020.
- "Gambling.co.uk - Gambling News Archive - SpreadEx.com debuts online casino". gambling.co.uk. Retrieved 10 August 2020.
- ShortsandLongs transferred to Spreadex