Spreadex is an unlicensed financial services provider operating without regulatory authorization across multiple jurisdictions including the UK, Australia, and Hong Kong. Multiple regulatory bodies have issued formal alerts warning consumers against engaging with Spreadex. The platform lacks necessary financial services licenses and offers no consumer protection through compensation schemes. Investors are strongly advised to avoid Spreadex entirely.
Spreadex is an unlicensed financial services entity that has attracted significant regulatory scrutiny from authorities across multiple countries. The company operates without proper authorization and has been flagged by leading financial regulators worldwide, presenting substantial risks to consumers and investors.
United Kingdom (FCA): The Financial Conduct Authority confirmed that Spreadex and its associated domain spreadexd.com are not FCA-authorised and operate without regulatory permission. The FCA has also identified fraudsters impersonating the legitimate firm ActivTrades Plc using Spreadex's infrastructure to deceive people.
Australia (ASIC): The Australian Securities and Investments Commission reported that Spreadex lacks current Australian financial services (AFS) licensing. ASIC has placed Spreadex on its investor alert list and explicitly instructs consumers not to deal with this unlicensed entity.
Hong Kong (SFC): The Securities and Futures Commission identified that Spreadex falsely claims SFC licensing on its website while operating as an unlicensed entity without SFC authorization. The SFC added Spreadex to its Alert List on 22 September 2023.
Netherlands (AFM): The Dutch Authority for the Financial Markets has listed Spreadex under its official warnings section, referencing the SFC Hong Kong alert.
No Consumer Protection: Operating without proper licenses means investors have no access to the Financial Ombudsman Service (UK) or FSCS compensation schemes if losses occur.
Fraudulent Impersonation: Evidence suggests the platform is being used for clone firm scams, with fraudsters impersonating legitimate regulated entities.
False Claims: Spreadex misrepresents its regulatory status by falsely claiming authorization it does not possess.
Unauthorized Investment Activities: The platform operates without regulatory approval required for offering investment services.
Spreadex presents a high-risk investment opportunity with confirmed alerts from major global financial regulators. The combination of unlicensed status, fraudulent impersonation allegations, false licensing claims, and complete lack of consumer protection makes this an extremely dangerous platform for investors. Consumers should verify any firm's authorization through official regulator databases before engagement and report suspected clone firms to relevant authorities immediately.
ASIC's MoneySmart investor alert list includes Spreadex as an entity without current Australian financial services (AFS) licence authorization. The URL structure indicates Spreadex (https://www.spreadexs.com) is listed on ASIC's official warning registry. The page explicitly warns that entities on this list are not allowed to offer investments in Australia and consumers should avoid dealing with them.
The AFM webpage displays a warning against Spreadex dated 22 September 2023. The warning is attributed to a foreign financial regulator (SFC Hong Kong), with a direct link to the alert list. This indicates the AFM is republishing or acknowledging a regulatory alert from an international authority regarding Spreadex operations.
The FCA issued an official warning on 16 January 2025 identifying Spreadex and spreadexd.com as an unauthorized clone firm impersonating ActivTrades Plc (FRN 434413). Fraudsters are using this fake entity to scam consumers. The warning explicitly states that dealing with this clone firm provides no access to the Financial Ombudsman Service or FSCS protections.
The SFC has officially listed Spreadex as an unlicensed entity on its Alert List. The company falsely claims SFC licensing on its website (www.spresfx.com). Spreadex appears to target Hong Kong investors without regulatory authorization. The SFC warns that dealing with unlicensed entities provides no protection under its regulatory framework.