Best Spread Betting Platform

Best Spread Betting Platform

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Best Spread Betting Trading Platforms
Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure . Trading involves risk which may result in the loss of capital.
There are many ways you can get involved in trading. One derivative strategy that is very popular among traders looking for increased flexibility trade both sides of the market is spread betting. This is a method that can see returns amplified even on small market moves.
Spread betting on the forex market and more is typically available from many of the top forex brokers depending on your location. This usually comes along with a dedicated spread betting platform. Here we take a closer look at some of the best spread betting platforms you have to choose from and the brokers who offer these platforms.
Avatrade is another top forex broker who offer spread betting to UK and Ireland based traders. With this Irish broker you can count on the most secure trading environment, trusted regulation around the world, and the backing of one of the most respected trading platforms in the industry to spread bet with.
The spread betting platform offered by Avatrade is the renowned MT4 trading platform. This offers a hugely customizable trading experience alongside an ease of use and level of robust performance that is unrivalled across the sector. The platform is still one of the most popular with traders new and experienced in trading having been around for almost 20 years.
Here you can easily engage in spread betting across more than 200 markets and at a very low entry cost. Avatrade facilitates spread betting from just $0.10 per point on some assets. This makes it one of the most popular brokers and trading platforms for those new to spread betting. As an experienced trader MT4 also provides for dozens of charting tools, indicators, and other features to help you gain important market insight.
If you would like more details on this top spread betting platform and broker we have a full Avatrade review that you can consult for more information or visit Avatrade.
Warning : Trading Forex /CFD & Options on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite.
CityIndex was founded in 1983. This makes it one of the longest-serving brokers in the entire sector. With so much experience as you would expect, CityIndex provides comprehensive spread betting opportunities to many traders. This is offered through the equally respected MT4 trading platform.
As a spread betting platform you can expect the same great performance and service from the platform as they deliver for CFDs trading. The platform itself is extremely accessible and allows for almost complete customization of charts and tools that are fully integrated with many more that can be added. This provides a trading experience that can be as simplified or detailed as you require. It is also one of the easiest trading platforms to run, being able to function on almost any device.
The MT4 platform for spread betting is also available on mobile with CityIndex so you never miss a move on any of the hundreds of available assets. The minimum deposit to get started with spread betting at CityIndex is also very low at only $100.
For more details on this top broker with a very long history in the industry you can check out our full CityIndex review or visit CityIndex.
Warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.
Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world. A keen trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.
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Advertiser Disclosure : Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.
ESMA : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Investment advice disclaimer : The information contained on this website is provided for educational purposes, and does not constitute investment advice.
Trading Risk Disclaimer : There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.
This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.
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Post author

By George Rossi

Post date

August 3, 2021

No Comments on Best Spread Betting Platform 2022

Author of this review

By George Rossi

For this list, we have searched and tested several spread betting platforms that are operating in the United Kingdom.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads .
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best spread betting platform based on our trading data and experience as a trader.
Spread betting is a derivative product that allows traders to speculate on the price movement of any financial instrument, let it be forex, stocks, indices or commodities.
Similar to any other derivative product, traders do not own the underlying asset of spread betting. They only place bets on whether the price of the underlying asset will go up or down and profit from that.
Financial spread betting was first introduced by the London-based IG Index (a subsidiary of the IG Group) in 1974. In fact, it remains very similar to the original spread betting used in sports.
Spread betting is leveraged trading, meaning traders can take big positions with only a percentage of margin deposits to maximize their profits, but the higher the leverage, the higher the risk.
Spread betting is not legal in most countries, but is very popular in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).
Some of the advantages of spreading are:
In spread betting, traders bet on the per-point market price movement of the underlying asset. The betting amount depends on the traders.
For example, in the case of HSBC share , which is trading at 400p on the stock exchange, spread bettors can either long or short the stock . They can bet £100 on every point movement of the HSBC stock. If the HSBC stock price goes up to 410p, the trader will profit by £1,000 (£100 gained for each point movement, so £100 X 10 = £1,000).
If the bettor (or trader) shorts the HSBC shares and the stock price dips to 395p, then the profit will be £500 (£100 x 5).
But, in the case of the long or short position, the price of HSBC shares price moves in the opposite direction of the bet, the bettor will lose money. For a long position, if the price goes down to 390p, there will be a loss of £1,000 (£100 X 10).
The bettor has to deposit a margin amount with the broker for spread betting. In case of a loss-making bet, if the loss equals the margin amount, the broker will ask the bettor to deposit additional funds, also called the margin call . Else, the position will be closed.
In reality, the broker quotes an offer price (for buying) and a bid price (for selling) for each spread betting instrument . For HSBC shares, the offer price could be 401p, while the bid price could be 399p. The difference of 2p is the spread, and the broker makes a profit from this gap.
To select the best spread betting brokers, we tested and reviewed several forex brokers. We opened live accounts and deposited real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.
We have picked IG Markets as the best overall spread betting platform and Broker.
IG Markets is the pioneer of financial spread betting as it invented the product in 1974. The broker offers spread betting under its Financial Conduct Authority (FCA) license in the UK.
IG offers spread betting in more than 17,000 markets that include forex, stocks, indices, and commodities. Traders can get maximum leverage of up to 30:1 on major currency pairs, while for company shares a minimum of 20% margin is required.
The broker also makes its fees transparent: with a minimum spread from 0.6 pips for currency pairs to 0.1 points for indices and stocks. It also has excellent customer service that is available around the clock.
We have picked Pepperstone as the best spread betting platform for beginners.
Headquartered in Australia, Pepperstone is relatively a new player in the brokerage space and was founded in 2010. It offers a separate spread betting account under its FCA license.
Pepperstone is perfect for new traders because of its extensive learning material on the financial market and spread betting. The broker provides services on MT4, MT5, and cTrader. It promises no dealing desk execution and also has a very good support team to help the traders.
We have picked OANDA as the best MT4 spread betting platform .
OANDA, which is regulated by the FCA, offers thousands of spread betting markets that range from forex and stocks to indices and commodities. It offers its services on the MT4 platform with some excellent indicators and advanced market analysis tools. The broker offers the MT4 platform on web, desktop and mobile devices.
The spreads offered by the broker are also on the lower side across markets. OANDA is a global broker and is regulated in many countries, but it offers spread betting only in the UK and Ireland.
We have picked City Index as the best spread betting account and platform with low spread.
When it comes to spreads of spread betting, City Index offers the best services. It spreads on the major currency pairs starts at 0.5 pips. The number is also on the lower side for share CFDs. The broker also highlights that it profits only from spreads on spread betting and does not charge any commission.
City Index is operated by Gain Capital, which is a subsidiary of StoneX. The broker is regulated by the FCA in the UK and it offers spread betting on more than 8,000 global markets.
We have picked CMC Markets as the best spread betting forex trading platform.
CMC Markets is one of the best platforms for spread betting services with forex instruments. It lists 339 currency pairs on its platforms for spread betting, while the total number of markets exceeds 10,000. It offers currency trading services on MT4, which is preferred by most traders. The broker also has no limitations on trading strategies, meaning it allows both hedging and scalping.
CMC Markets is headquartered in London. The FCA regulated broker is already licensed by several other licenses from global regulators . It is also a public company, so it has to disclose its financials every quarter making it a very safe platform.
Apart from the shortlisted platforms, here is a complete list of brokers that offers spread betting services on various markets, which we have tested and reviewed.
Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to spread betting brokers.
Spread betting is legal and very popular in the UK and Ireland. These platforms are regulated by the Financial Conduct Authority, the country’s financial markets regulator and provide safe conditions for FX Currency spread betting. Some of the top spread betting platforms in the UK are:
For beginner bettors to enter spread betting they need to understand both the complex financial marketing and trading techniques, and open account with suitable for Beginners Accounts. Some of the best spread betting platforms for beginners are:
Spread betting is very popular with currency pairs as it is leveraged, and gains are not taxed. Some of the best forex spread betting platforms are:
Spread betting platforms only charge spreads on the markets from traders and there are usually no additional commissions. Some of the spread betting platforms with low spreads are:
MetaTrader4 or MT4 is the most popular trading platform for trading forex and CFDs, both among retail and professional traders. The top MT4 forex brokers with the lowest spreads are:
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.
Now I am passionate about reviewing and comparing forex brokers.
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Disclaimer : It is a high degree of risk to trade securities and derivatives. You can lose all of your deposited fund. You should be aware of the risk before you start trading. brokertested.com does not provide any investment advice. The provided reviews are unbiased and objective. Some data in the reviews are verified but data can vary from time to time.
Advertiser Disclosure : brokertested.com is free for all readers. We receive a commission from some of the brokers if our readers open an account using our affiliate links. However, our reviews are based on our actual tests which are transparency and unbiased.
Deposit Amount: Over €5,000 Total Trade: 15 trades
Deposit Amount: Over €5,000 Total Trade: 12 trades
Deposit Amount: Over €3,500 Total Trade: 15 trades
Deposit Amount: Over €6,000 Total Trade: 12 trades
Deposit Amount: Over €5,000 Total Trade: 15 trades
Deposit Amount: Over €5,000 Total Trade: 12 trades
Deposit Amount: Over €5,000 Total Trade: 12 trades
Deposit Amount: Over €5,000 Total Trade: 15 trades
Deposit Amount: Over €4,000 Total Trade: 21 trades
Deposit Amount: Over €5,000 Total Trade: 12 trades
Deposit Amount: Over €5,000 Total Trade: 15 trades

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USA
Deutschland
España
Brasil
Italia
Русский
Nederland
Türkiye
日本
한국
România
Magyarország
Čeština
Български
Danmark
Español EE.UU
La France
Polska
Việt Nam
México
Argentina
Ελληνικά
Português
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Colombia

Home » Trading » Best Spread Betting Platforms & Brokers UK Reviewed

Connor Brooke
Last updated: 6 September 2022

Is spread betting tax-free in the UK?
What is the best spread betting platform in the UK?
Which trading platform has the best spreads?
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Spread betting is considered a viable alternative to traditional investing in the UK since all profits are exempt from taxation. This is because spread betting is considered ‘gambling’ rather than investing, providing a straightforward way for market participants to speculate on an asset’s price.
This guide will review the best spread betting platforms in the United Kingdom , covering which brokers have the lowest fees and most appealing features, before presenting a detailed walkthrough on how to begin spread betting today.
Listed below are some of the most popular spread betting brokers in the United Kingdom. We’ll review each of these brokers in the following section, covering their fees, features, and safety.
Many of the best day trading platforms now offer spread betting services due to the popularity of this approach in the UK. However, not all are made equal since some charge lower fees and offer more appealing features than others.
With that in mind, let’s dive in and examine the most popular spread betting platforms in the UK.
Pepperstone was initially launched in 2010 but has grown exponentially over the past decade, offering services worldwide. The platform is regulated by the FCA, ASIC, and BaFin and serves over 300,000 clients.
Pepperstone offers commission-free trading on its Standard account, with spreads averaging just 0.87 pips for EUR/USD. Users can spread bet on stocks, commodities, indices, and currencies – and can even trade using MT4. This feature enables advanced traders to employ custom trading strategies and use automated trading systems.
Pepperstone also has a ‘Razor’ account, which charges a commission on each trade, yet can offer spreads as low as 0.0 pips since it offers ‘raw’ pricing. Moving on to deposits, Pepperstone has no minimum deposit threshold and accepts funding via credit/debit card, bank transfer, or PayPal.
Pepperstone charges no non-trading fees, meaning no deposit, withdrawal, or inactivity fee. The platform also has extensive analysis resources, including daily trade ideas and an in-depth newsfeed. Finally, Pepperstone even has 24/5 customer support via live chat, telephon
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