A UKGC-licensed spread betting and fixed-odds sportsbook
Not available lawfully hereIs Spreadex legal in India?
No. Real-money gambling is banned in India. Under the Promotion and Regulation of Online Gaming Act 2025 (PROGA), in force since 1 October 2025, Spreadex cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
PROGA bans all real-money gaming nationwide and criminalises its operation, promotion and financial facilitation. Banks, UPI and card networks are barred from processing money-gaming transactions, and by 28 March 2026 the government had blocked or actioned 8,376 betting and gambling URLs. source
Any Spreadex bonus you see advertised for India is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no India regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in India →
Pros
- A real, sizeable bet-and-get offer: bet £10, get up to £100
- Offers both spread betting and fixed-odds products, a distinctive combination
- No promo code needed to claim the offer
- Correctly discloses no India licence rather than misleadingly advertising there
Cons
- Spread betting carries different risk characteristics than fixed-odds betting — new users should read the format carefully
Our verdict
Spreadex is a UKGC-licensed spread betting and fixed-odds sportsbook, active in the UK, Denmark and Ireland, offering new players a bet £10, get up to £100 in free bets welcome offer (£30 plus £10 per win, max 7), no code required. It correctly offers no India welcome bonus, holding no India licence. We found no regulatory action against this operator in the sources we consulted, which is a statement about our research rather than about the operator.
How we rated it
Sportsbook (36%)8
A genuine spread betting operator, distinct from a typical fixed-odds-only bookmaker, offering both products.
Bonuses & value (18%)8
A real, sizeable bet-and-get offer: bet £10, get up to £100 in free bets, no code required.
Trust & licensing (27%)8
A real positive: genuine UKGC licence, and correctly discloses it holds no India licence rather than misleadingly offering a bonus there.
Customer support (18%)7.5
No major documented complaint pattern found.
Quick facts
| Licensing | Genuine UK Gambling Commission licence |
| Markets | United Kingdom, Denmark, Ireland |
| Welcome bonus | Bet £10, get up to £100 in free bets |
| Wagering | Min stake £10; fixed odds + spread markets; no code needed |
How we verified this
One thing we could not establish: who owns and operates this brand. The rest of this review is sourced, but an operator we cannot name is one you cannot hold to account.
Spreadex is UK Gambling Commission-licensed, serving the UK, Denmark and Ireland only — it holds no India licence and correctly offers no India welcome bonus. No major scandal independently confirmed in this pass. Welcome bonus: bet GBP 10, get up to GBP 100 in free bets (GBP 30 plus GBP 10 per win, max 7), minimum stake GBP 10, fixed odds and spread markets, no code required. Confirm current offer directly on Spreadex's own site.
Where Spreadex is licensed
Spreadex appears on the official register in 3 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (2)
Asia (1)
About Spreadex
Spreadex is a genuine spread betting and fixed-odds sportsbook, offering new players a real, sizeable bet-and-get welcome offer across the UK, Denmark and Ireland. We found no regulatory action against this operator in the sources we consulted, which is a statement about our research rather than about the operator.
Spreadex FAQ
Is Spreadex safe and legit?
Yes — Spreadex holds a genuine UK Gambling Commission licence, serving the UK, Denmark and Ireland. No major scandal was found during this research.
What is the Spreadex welcome bonus?
Bet GBP 10, get up to GBP 100 in free bets (GBP 30 plus GBP 10 per win, max 7), minimum stake GBP 10, applicable to fixed odds and spread markets, no code required.