Spreadex has been named as Best Spread Betting Provider at the 2016 City of London Wealth Management Awards.

The firm was presented with the award by BBC newsreader Sophie Raworth at the ceremony at The Guildhall, London.

The accolade follows Spreadex being four times named as Best Spread Betting Firm for Customer Service in the Investment Trends awards.

Spreadex Marketing Communications Manager Andy MacKenzie said: “We have improved our trading platform with a number of developments in recent years and we are delighted to receive this recognition.

“Over the years we have built up a strong reputation for our personal service, account management, credit and margin offering, and specialist AIM stock provision so it’s very reassuring that traders have been voting for us as their number one provider.”

Spreadex was formed in 1999 and now employs more than 120 people, offering both financial spread betting and sports spread betting from one account.

About Spreadex: Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the longest established spread betting firms in the industry with a strong reputation for its high level of customer service and account management.

About the awards: The purpose of the City of London Wealth Management Awards is to recognise and promote quality of service from Wealth Management companies and individuals.

Winners are determined by a public online vote which took place over a two week period in March 2016. The poll was reviewed by an independent panel of judges.

You can find out more about Spreadex here.

Editor’s note: In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Conduct Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved. In relation to fixed odds, Spreadex Ltd is licensed and regulated by the Gambling Commission under licence number 000-008835-R-104580-004.