Deposits & Withdrawals
Your money, when you need it. Depositing and withdrawing funds from your Spreadex account is fast and straightforward — with most methods available instantly and free of charge.
Deposits
Getting funds into your Spreadex account takes seconds. All standard deposit methods are free of charge.
| Payment Method | Speed | Cards Accepted / Notes |
|---|---|---|
| Easy Bank Transfer | Instant | Select your bank and confirm via your banking app |
| Debit Card | Instant | Visa, Mastercard |
| Credit Card | Instant | Visa, Mastercard |
| Apple Pay / Google Pay | Instant | Available on the Spreadex app |
| Bank Transfer | Usually within 2 hours during business hours | Please quote your Spreadex account number as a reference |
| Cheque | Subject to postal time | Made payable to Spreadex Ltd |
Minimum deposit: £5
How to deposit
On the app:
- Tap 'Account', then 'Deposit’.
- Select your method, enter the amount, and confirm.
On the web:
- Log in to your Spreadex account.
- Click 'Add Funds' in the menu.
- Choose your payment method, enter the amount, and confirm.
You can also deposit by phone — call our team on 01727 895 000.
For a detailed walkthrough with screenshots, visit our How to Deposit Funds guide.
Bank Transfer Details
If you're depositing via traditional bank transfer, please use the following details and quote your Spreadex account number as the payment reference:
Barclays Bank (GBP)
Account Number: 70370320
Sort Code: 20-06-05
Withdrawals
We believe you should be able to access your money quickly and without unnecessary fees. All standard withdrawals are free.
96.2% of withdrawals processed in under 30 minutes in 2025.
| Payment Method | Speed | Notes |
|---|---|---|
| Easy Bank Transfer | Instant | Must have previously deposited via Easy Bank Transfer |
| Apple Pay / Google Pay | Instant | Max £25,000 per transaction (multiple withdrawals per day permitted) |
| Card Withdrawal | Within 2 hours | For most major cards. Some issuers may take 2–5 working days. Max £25,000 per transaction |
| Bank Transfer | Next working day | If requested before 4pm. Otherwise within 2 working days |
| Cheque | Subject to postal time | Contact our team at info@spreadex.com or call 01727 895 000 |
Minimum withdrawal: £5 of available funds not supporting open positions. If your available balance is below £5, you can withdraw the full amount.
How to withdraw
On the app:
- Tap 'Account', then 'Withdraw Funds'.
- Select your method, enter the amount, and confirm.
On the web:
- Log in to your Spreadex account.
- Click 'My Account' then 'Withdraw Funds'.
- Choose your method, enter the amount, and confirm.
You can also request a withdrawal by phone (01727 895 000) or email (info@spreadex.com).
How your funds are held
Spreadex is authorised and regulated by the Financial Conduct Authority (FCA). As a retail client, your money is held in segregated accounts at Barclays Bank — it's never merged with our own funds or used for our business activities.
Frequently Asked Questions
Can I withdraw to a different card than the one I deposited with?
Withdrawals must be returned to the card used to deposit. If you no longer hold that card, you can register a new card to your account or request a withdrawal via bank transfer or cheque.
Is there a maximum withdrawal amount?
Card and Apple Pay / Google Pay withdrawals are capped at £25,000 per transaction, but you can make multiple withdrawals in a single day.
Do you charge any fees for deposits or withdrawals?
All standard deposits and withdrawals are free. A guaranteed same-day CHAPS transfer is available for a £25 fee — contact our team for details.
Can someone else make a payment into my account?
All payments must come from an account in the name of the Spreadex account holder.
What happens if I send a bank transfer in a different currency?
If you send a bank transfer in a currency other than the one our receiving bank account is denominated in, an FX conversion will be applied at Barclays' prevailing retail rate. For card deposits, any currency conversion is handled by your card issuer at their own rate — we don't charge for this.
What is Easy Bank Transfer?
Easy Bank Transfer lets you move funds instantly between your bank and your Spreadex account. Simply select it under Deposit or Withdraw Funds, choose your bank, and confirm through your banking app. No need to enter sort codes or account numbers.
