Spread Betting Companies
- What is Spread Betting Broker?
- Best Financial Spread Betting Platforms and Brokers in UK
- Is Spread Betting Legal?
- What is difference CFD vs Spread Betting?
- Spread Betitng Brokers List
What is a Spread Betting Broker?
Spread Betting Broker allows speculating on financial markets in the same way as trading derivatives but with no single stake to limit loss, known and Spread Betting. However, Spread Betting is allowed in only some jurisdictions like the UK, so only UK Brokers offer Spread Betting legally.
- A spread which is a difference between the bid and offers price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together a popular trading option – Spread betting – which means you trade without taking any position in the current security but creating an active market for both sides, respectively the ones who selling and the counterparty who is buying.
Discover more about Spread Betting on Wikipedia.
💰Spread | From 0 pips |
📈 Leverage | Yes |
📉 Positions | Sell and Buy |
🏦 Regulated Jurisdicitons | Only in UK and for UK traders |
What is Spread Betting Platform?
There is no need for a separate platform to trade Spread Betting if the Broker is offering Spread betting, so the Trading Platform is configured for spread betting. See some of our important finds and notes to consider before signing up for Spread betting Trading:
- Spread Betting you just speculate on the movement itself without owning the asset itself, also can access trading with a smaller size through the use of leverage.
- Spread Betting Companies usually offer to bet across multiple asset classes and including forex, even with Cryptocurrencies, commodities, indices, and shares. DF Markets is also a Spread Betting provider company.
- Spread Betting is forbidden in many jurisdictions, for now, only UK Brokers offer Spread Betting as Regulated trading and offshore brokers, which we advise to avoid due to the high risks of scam
- Spread Betting is a popular trading instrument in the UK since allowed Tax-Free trading opportunity
Spread Betting Advantages | Spread Betting Disdavantages |
---|---|
Popular Instrument in UK | Available only for UK Traders and by UK Brokers |
Tax free profits | Costly for Illiquid Issues |
The ability to short sell | Rollover Costs |
Ood internet software | No Eligibility for Dividends |
No Commissions | |
Low Margin Requirements |
Top 5 Best Forex Brokers for Spread Betting
Many Top UK Forex Brokers offer the Spread Betting option being a popular trading instrument, we recommend reading FCA Handbook to learn more about Spread Betting and choosing only reputable firms.
Below is our listing of the Best Reviewed Brokers offering Spread Betting and are UK Based firms with good trading conditions narrowed by best ranked:
- HFM – Best Overall Spread Betting Broker 2022
- Pepperstone – Best Platforms Spread Betting Broker 2022
- IG – Best Spread Betting Brokers for Beginners 2022
- FxPro – Best Low Spread Spread Betting Broker 2022
- XTB – Best EA Spread Betting Broker 2022
Is Spread Betting Legal?
Spread betting is available mainly in the UK due to its legal authorization and even a tax break on profits, while many world countries forbid spread betting for various reasons. While in the UK, Spread Betting is regulated by the local authority FCA trading activity. Read more about Why trade with FCA brokers and see its official FCA website to verify licenses.
What is the difference between CFD and Spread Betting?
The concept of trading CFDs and Spread is different. CFDs are short-term derivative contracts for the difference where traders speculate on the value of the underlying asset, and Spread Betting is just a bet on the direction of price movement.
The Complete List of Brokers for Spread Betting Reviews
This is the complete list of regulated brokers we verify who offer a Spread Betting platform available for UK clients:
Broker | Detail | |
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Min. Deposit: 0 US$ Max. Leverage: 1:30 | 1:2000 Trading Platforms: MT4, MT5, HFM Trading App Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA |
1
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Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
2
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Min. Deposit: $0 Max. Leverage: 1:30 Trading Platforms: MT4, IG Proprietary Regulation: FCA, ASIC, BaFin, FINMA, NFA, MAS, DFSA, FSCA, JFSA, FMA, BMA |
3
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Min. Deposit: $100 Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, MT5, cTrader, FxPro Platform Regulation: FCA, CySEC, SCB, FSCA, FSCM |
4
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Min. Deposit: no minimum deposit Max. Leverage: 1:30 Trading Platforms: MT4, xStation 5 Regulation: FCA, KNF, FSC, CNMV |
5
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Min. Deposit: $100 Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, MT5, WebTrader, AvatradeGO, AvaOptions, DupliTrade, ZuluTrade, AvaSocial, Capitalise.ai Regulation: Bank of Ireland, ASIC, JFSA, FSCA, CySEC, BVI FSC, FRSA, ISA |
AvaTrade Review |
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Min. Deposit: $50 Max. Leverage: 1:30 | 1:100 Trading Platforms: MT4, MT5, ProTrader, Webtrader, Apps, Social Trading Platforms Regulation: ASIC, FCA, CIMA, VFSC |
Vantage Markets Review |
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Min. Deposit: US$5 Max. Leverage: 1:30 to 1:1000 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, FSC, DFSA |
XM Review |
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Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:500 Trading Platforms: MT5, cTrader Regulation: FCA, CySEC, DFSA, FSC, VFSC, FSA, JSC, BDL |
CFI Review |
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Min. Deposit: US$20 Max. Leverage: 1:30 Trading Platforms: MT4, Capital.com WebTrader and Mobile App Regulation: CySEC, FCA, ASIC, NBRB |
Capital.com Review |