Best Spread Betting Broker Uk
🔞 ALL INFORMATION CLICK HERE 👈🏻👈🏻👈🏻
Best Spread Betting Broker Uk
Was this page helpful?
Yes
No
Performance & security by Cloudflare
You cannot access www.compareforexbrokers.com. Refresh the page or contact the site owner to request access.
Copy and paste the Ray ID when you contact the site owner.
Ray ID:
747245569d919d39
747245569d919d39 Copy
For help visit Troubleshooting guide
By Edward Kendy / April 5, 2022 April 20, 2022
Pros No Capital Tax Spread Betting UK Regulated by the FCA UK Raw Zero Account Access to all main spread betting markets Competitive spread betting fees
Cons Not available for USA traders No real stocks available (only CFDs)
As a UK resident in order to get started with financial spread betting you will need a solid spread betting broker that provides you with the access to financial markets (shares, forex pairs, indices and commodities), possibly with low fees.
In this article, we compare the best spread betting brokers and platforms of 2022.
This is the list of the best 10 spread betting brokers that accept UK traders.
Pepperstone allows UK beginner traders to start financial spread betting with low stakes from just 20p . It is the best spread betting platform for beginners to start spread betting.
Pepperstone is one of the leading brokerage platforms in the world. It is regulated in two tier-1 jurisdictions, which makes it one of the safest brokers to work with. The platform also offers a variety of trading tools and features that make spread betting easier and more enjoyable. Here are the factors that make Pepperstone a top trading platform for those looking to engage in spread betting.
This is a requirement for all spread betting brokers but some platforms are regulated in more jurisdictions than others. In the United Kingdom, Pepperstone spread betting broker is registered and regulated by the Financial Conduct Authority (FCA) , the biggest financial regulatory body in the UK.
The spread betting broker also offers traders an opportunity to choose from a variety of trading platforms including the MetaTrader 4 and 5, the cTrader platforms as well as, their associated web trader versions.
The Metatrader MT4 platform is very useful when building an automated trading system, but its web-based version comes short. This can be remedied by using the cTrader web platform, which works in a similar way to its desktop version.
Pepperstone also offers its traders a variety of research materials to improve their trading activity. It is one of the top spread betting platforms UK when it comes to education and research and beginner traders would find this information useful to kickstarting their trading career.
In general, traders can choose from up to 11 available trading platforms when using Pepperstone as their broker. Some of these have very exciting tools that can help improve their profit potential in spread betting.
Pepperstone spread betting broker provides leverage of up to 500:1 for professional traders while those who qualify as retail clients can access a leverage of up to 30:1. The low leverage limit for retail traders helps to protect them against unnecessary risk, which shows that the broker is conscious on client risk.
This spread betting broker also offers some of the tightest spreads in the market with the GBP/USD spread of 0.59 pips and the WTI Crude oil spread of 0.7 pips, among others.
Pepperstone has mobile versions of all of top trading platforms including the MT4 and 5 and cTrader. This enables spread betting traders to trade from anywhere in the world where there is internet connection regardless of whether they are seated next to their computers. This can be useful for those who engage in intra-day trading.
VERDICT: Overall Pepperstone’s spread betting platform is the best with wide range of financial markets to trade, competitive pricing and very good analytical tools.
74,4% of retail investor accounts lose money when trading CFDs with this provider.
So assuming that now you have some idea of what spread betting is, the next step would be to identify a trading platform that will help you learn more about the practice. Some novice traders will normally commit to learnings more about a new trading method before committing to trade.
This can be done by interacting with expert traders on popular online trading communities, independent websites like this one, or by hiring a professional coach.
Spread betting is often offered as an additional form of trading by brokers. Very few brokers offer spread betting as the only service on their platforms.
Therefore, when looking for the top UK spread betting platform , it is important to look beyond those that specialize in financial spread betting.
In the UK, Financial spread betting brokers are heavily regulated.
FCA (Financial Conduct Authority) is the main government regulator of all spread betting companies UK.
If you try to find the top spread betting platform UK that will fit your trading needs, always check first what financial markets and instruments the platform offers.
Majority of regulated UK spread betting providers provide the traders with access to the following market instruments :
Spread betting fees can be a little confusing for beginners.
Demo account have historically proven to be an important tool for beginners in the world of financial spread betting.
Opening a demo spread betting account can help you gain experience in the market without risking your finances. You will be able to notice the key differences and similarities with traditional forex trading. This can also help you decide whether to stik with traditional fx trading or add spread betting to your portfolio.
Unlike general forex trading, financial spread betting applies a fixed rate on every point lost or gained in a trade.
The trader chooses the fixed amount he is prepared to lose and wants to gain per pip. It can be £1 per point or £10 per point.
For a beginner, it is important to start with the lowest stake per point level you can get. So, in the case of £1 per point, a trader would gain or lose £50.00 is the trade swings by 50 points.
The benefit of a low stake spread betting platform UK is that a trader limits the potential risk of loss. On the downside, it also limits the potential gains made on a winning stake.
It all depends on the risk appetite of the trader.
Spread betting is an online trading strategy where investors try to predict the direction a given derivatives asset could move within a specified time. They then stake a fixed amount to be gained or lost per every pip the asset adds or loses during an open session. By definition, a spread in the global financial markets represents the difference between the bid and ask prices for a listed asset.
In spread betting, the spread is the difference between the price of the asset at the time of opening a trading position and the time the position expires. Spread betting is only legal in the United Kingdom and various parts of continental Europe.
However, taxation differs from country to country, with the UK being one of the most tax attractive markets for spread betting traders with literally zero capital gains tax in most cases !
Forex spread betting is a type of speculation on the foreign exchange market whereby the participant attempts to make a profit by correctly predicting the direction of the currency pair’s exchange rate.
It is a popular way to participate in the foreign exchange market for both experienced traders and newcomers alike. Unlike traditional forms of currency speculation, such as spot forex trading, forex spread betting does not involve the actual purchase or sale of the underlying currency. Instead, profits or losses are realized based on the movement of the currency pair’s exchange rate.
Forex spread betting is typically conducted through a broker or a spread betting firm. Participants do not need to have a large amount of capital to get started, as they can trade on margin. This means that they only need to put down a small percentage of the total value of the trade-in order to open a position.
However, It can be a risky proposition, as the participant is effectively wagering on the future direction of the currency pair’s exchange rate. However, with proper risk management techniques, such as stop-loss orders, traders can limit their losses and potential for substantial profits.
Both have their own advantages and disadvantages, so it’s important to understand the difference before deciding which one is right for you.
Forex spread betting allows you to bet on the movement of currency pairs. You can go long or short on a currency pair, and you don’t need to have any underlying ownership of the currency. Financial spread betting, on the other hand, allows you to bet on the movement of financial instruments such as shares, indices, and commodities.
One of the main advantages of forex spread betting is that it’s a leveraged product. This means that you can trade with a smaller amount of money than you would need to buy the currency outright. Leverage can both increase your profits and your losses, so it’s important to use it wisely.
Another advantage of forex spread betting is that it’s a tax-free product. This means that any profits you make are not subject to capital gains tax. Where financial spread betting is not tax-free, it may be eligible for special tax treatment depending on your circumstances.
The main disadvantage of forex spread betting is that it’s a high-risk product. Currency prices can move very rapidly, and it’s easy to lose money if you don’t know what you’re doing. It’s also important to remember that leverage can magnify your losses as well as your profits.
Financial spread betting is a less risky product than forex spread betting, but it’s still important to remember that prices can move quickly and you can lose money if you don’t know what you’re doing.
So, which is right for you? It depends on your individual circumstances and investment goals. If you’re comfortable with the risks, then forex spread betting could be a good option. If you’re looking for a less risky product, then financial spread betting may be a better choice.
First and foremost, all gains from financial spread betting are tax free in the UK. You are able to spread bet on shares, commodities, precious metals, stock market indices and forex in a tax efficient way, meaning you will not have to worry about taxes on profits from spread betting! In fact spread betting falls under gambling in the UK, which is free from capital gains tax.
Despite the advantages of spread betting, there are also some risks associated with this type of trading. The most important thing to remember is that spread betting is a speculative activity and there is a real risk of losing money.
It is important to trade with a reputable spread betting firm and to only bet with money that you can afford to lose. Spread betting can be a risky way to trade, but it can also be a profitable way to trade if it is done correctly.
Spread betting is a type of gambling that is not taxed in the UK. This means that any winnings you make from spread betting are tax-free. This is a big advantage over other forms of gambling, such as horse racing, which are taxed at a rate of 20%.
Another advantage of spread betting is that you can offset your losses against your winnings. This means that if you have a losing bet, you can offset it against a winning bet, and only pay tax on the net amount. This can be a big advantage if you have a lot of winning bets and only a few losing bets.
So, spread betting can be a great way to make money in the UK, and there are many tax benefits that come with it. If you are thinking about starting to spread bet, make sure to consult with a financial advisor to make sure it is right for you.
Risk disclaimer: Spread bets and trading CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Edward Kendy (MBA) is a CEO and the head of forex brokers research at BestOnlineForexBroker.com with 17 years of experience in personal finance and veteran forex trader. Twitter: https://twitter.com/edward_kendy Linkedin: www.linkedin.com/in/edward-kendy Email Contact : bestonlineforexbrokercom @ gmail.com
RISK WARNING: CFD instruments involve a significant risk of loss to your capital. Between 64-87% of retail CFD accounts lose money. It is not suitable for everyone. You are strongly advised to trade with money that you can afford to loose.
COOKIES: This website uses cookies. By using this site, you consent to the use of cookies. Feel free to read our cookie policy here.
ADVERTISER DISCLOSURE: Please note that BestOnlineForexBroker.com has financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to utilise some of the links located throughout the content on this site.
Copyright © 2022 All rights reserved.
BestOnlineForexBroker.com Ltd , 76 Pendlebury Rd, Pendlebury, Swinton, City of Manchester, Greater Manchester, M27 4AY, United Kingdom
Forex Pairs: 62 Commodities: 32 Indices: 28 UK Stocks: 192 US Stocks: 880
EURUSD: 0.09 pips UK 100: 1 point Wall Street: 2.4 points Gold: 0.05 points UK Shares: 0.10% US Shares: 2¢ per share
Forex Pairs: 138 Commodities: 28 Indices: 23 UK Stocks: 450 US Stocks: 1575
EURUSD: 0.8 pips UK 100: 2 point Wall Street: 5 points Gold: 0.28 points UK Shares: 0.3% US Shares: 0.5%
Forex Pairs: 182 Commodities: 19 Indices: 23 UK Stocks: 5,000 US Stocks: 2,000
EURUSD: 0.5 pips UK 100: 1 point Wall Street: 3.5 points Gold: 0.8 points UK Shares: 0.8% US Shares: 1.8¢ per share
Forex Pairs: 51 Commodities: 38 Indices: 34 UK Stocks: 3,925 US Stocks: 6,352
EURUSD: 0.6 pips UK 100: 1 point Wall Street: 2.4 points Gold: 0.3 points UK Shares: 0.10% US Shares: 0.10%
eToro vs Plus500
eToro vs Trading212
IC Markets vs Pepperstone
Plus500 vs Trading212
IG vs Plus500
eToro vs XTB
AvaTrade vs IG
IG vs XTB
eToro vs IG
FBS vs OctaFx
IG vs Pepperstone
HotForex vs XM
Admirals
AvaTrade
Axi
Degiro
easyMarkets
eToro
FBS
FP Markets
FXCM
FxPro
HotForex
HYCM
IC Markets
IG
OctaFx
Pepperstone
Vantage
XM
XTB
ZuluTrade
ASIC
CYSEC
FCA
IIROC
MAS
Australia
Canada
Malaysia
USA
UK
cTrader
MT4
MT5
Copy Trading
Social Trading
ECN
Fixed Spread
High Leverage
Low Spread
Market Maker
Algo Trading
Carry Trading
Hedging
Scalping
Spread Betting
MT4
MT5
eToro
Plus500
IC Markets
OctaFx
FxPro
AvaTrade
eToro
XM
eToro
ZuluTrade
Darwinex
Trading212
Plus500
eToro
Pepperstone
XM
AvaTrade
OctaFx
eToro
Pepperstone
XM
ZuluTrade
Degiro
Filippo Ucchino
Last Updated: August 2022
10 Min Read
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
Best UK Spread Betting Platforms 2022
Related Top10
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143
VAT No. IT10004450960
Broker Search
Broker Search
Help Me Choose
Advanced Search
Broker Awards 2021
Broker Comparison
Broker Comparison
Compare List
Broker Reviews
Broker Reviews
Guides
English
Stocking Lingerie High Heels
Male Nudist
Haired Red Head