Best Spread Betting Platforms and Brokers in 2025

Ask Price Sometimes called “buy price” this refers to the price which the buyer pays for their security. CMC Markets stands out as the top choice for spread betting on commodities, with an impressive selection of over 100 options. You can bet on commodities as cash or forwards and explore a wide range of commodity ETFs, covering individual commodities or sectors like agriculture, energy, and precious metals.

Trading Platform Quality and Features

In this case, the odds are particularly attractive and the bookmaker has basically no winning margin left for this game. The odds ratios can differ from league to league, which is why our calculation represents an average value from the top leagues. We also repeat this calculation at certain intervals in order to be able to offer you the latest accurate numbers.

• Spread betting is where you speculate on the moves of stocks, currencies, indices or other financial instruments.
• They could use spread betting as a way of shorting in the event of a market downswing or upswing that is unfavourable to the portfolio.
• Established in 2002, AsianConnect88 is a very experienced operating in the bet brokerage scene.
• You can try out the various tools that City Index offers to ensure you are comfortable with the interface.
• The customer support options offered by Spread Betting Brokers can include phone answering services, live chat support, and email customer service support.
• Explore the site’s extensive library of videos, webinars and robust tools to power your trading experience.
• Because there is no limit to how high the market will go, and there is no way to limit your losses unless you place a stop-loss order.

Gold (XAU) Price Forecast for Tomorrow, Next Week, and Years (2024-

In this approach, the accuracy of the forecast increases the probability of profit. However, if the market moves contrary to the trader’s position, losses may exceed the trader’s initial investment. If the trader believes the price of an asset will climb, he places a bet to ‘purchase’ it.

Related Spread Betting Brokers Reviews

Trading signals, is one of the best trading signal services out there and is developed in-house by City Index. The idea is that the algorithm scans the market for price patterns and highlights upcoming trading opportunities. The best bet broker for you will depend on a number of factors, particularly if you live in a country restricted by one of the betting brokers above. Sportmarket has long been considered one of the best betting brokers, providing an excellent service since its establishment in 2004.

Which Is The Best Spread Betting Broker?

• However, some providers stand out by providing a much richer suite of trading opportunities, such as bonds, interest rates, and cryptos, that may appeal to seasoned traders.
• And this is a big but, if the market turns against you, your spread betting losses stack up just as fast, point by painful point.
• The range of markets offered is crucial; a good broker should provide a wide array of options, including forex, stocks, and commodities.
• In addition, you’re allowed to leverage your spread bet (similar to CFDs) – this means amplifying each trade with more capital than your account balance… thus the name.
• This is another FCA-regulated broker, and is also covered by other regulators worldwide.
• These agents make things easier by acting as a go-between for the person placing the bet and the bookmakers who take the bet.

The platform also offers flexibility with stocks, ETFs, crypto and CFDs. While popular for crypto, eToro offers multiple asset classes, including stocks, ETFs, options, cryptocurrencies and CFDs (subject to regulation). While illegal in the United States, spread betting has become quite popular in Europe and the United Kingdom. The strategy allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. Here you will find our best spread betting brokers, based on thousands of hours of extensive research, testing and analysis across hundreds of brokers.

Best Spread Betting Brokers and Platforms

There are more than 69 currency pairs, plus a multitude of cryptocurrencies, indices, commodities, and more. A last word on that – you can expect charges to vary depending on the market you have decided to bet in. For example, there are no commissions for commodities, indices and currency pairs.

Spread Betting Brokers FAQ:

EToro offers some of the most extensive cryptocurrency trading and resources for a standard online brokerage. It also allows you to transfer cryptocurrency holdings off the platform. As Cobra Trading advertises on its homepage, it can help you strike first, like a cobra, on trades. Cobra Trading is known for sophisticated trading tools and exceptional support to competitive day traders. For example, the new user deposit bonus could give you seven fractional shares of the “magnificent seven” with a $100 deposit.

Which brokers have the best mobile trading stock market apps?

When you are willing to close your position, you should place a bet in the opposite direction from where you opened it. The traders themselves decide according to their risk appetite and then place a stop-loss order at that point so that their loss does not exceed that certain limit. They serve clients around the world from offices in 15 countries across five continents.

All Spread betting brokers in more detail

With this spread betting broker, you can trade with over 60 different currency pairings. MT4 is a widely popular platform for financial trading, and many spread betting brokers now support it. If you are interested in spread betting on MT4, you can review the best MT4 spread betting accounts here.

TradeNation vs SpreadEx: Broker Comparison

Another significant advantage is Sportmarket’s mobile application, allowing users to place bets anywhere, anytime, while on the go. It provides access to advanced tools and a range of financial instruments. With FxPro, you can choose multiple platforms, including MetaTrader 4 and MetaTrader 5. These add-on tools offer sophisticated charting capabilities and customizable features. Another way brokers earn their interest is by banking on the interest on trader deposits. The best spread betting brokers do not have to pay interest on customer funds and, resultantly, gain a lot of interest.

Outside the UK, CFDs are used by private clients as there are no tax benefits. Read what the difference is between spread betting and CFDs for more information. Yes if you have a professional spread betting account, but not if you are classified as a retail trader. However, you can buy and sell cryptocurrencies through crypto exchanges.

Understanding Betfair and Betting Exchanges

That said, IG’s fees are competitive compared to the industry norm. For example, stocks and indices can be handled at 0.1 points, forex begins at 0.6 and commodities start from 0.3 points. In terms of fees, Pepperstone spread betting charges depend on what account type you have. The entry-level account charges 0% commissions on executing trades for spread betting.

It offers a wide range of markets, including CFDs on forex, stocks, indices, commodities, metals, cryptocurrencies, and spread bets. City Index tops the list as the best spread betting broker for beginners, according to our expert review team. Their intuitive trading platform is designed for simplicity, offering plenty of analysis, real-time news, and powerful tools to help new traders succeed.

Which forex brokers can I open an account with?

You can start by considering the spread (the difference between bid & ask prices). Brokers normally charge when you place a bet and when you are closing a bet. The lowest spread betting odds converter calculator brokers will help you in your quest for success. After you find good open positions to work with, finding out what transpires regarding losses and profits will become simpler.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Learn more about its features and platforms in my full review of IG. Their platform isn’t the easiest to use, nor the prettiest, but it does have good odds and high limits.

• You can also amplify your bets using leverage (where you borrow money to fund a trade).
• Our industry-leading support team ensures a smooth experience every step of the way.
• For stock trading, spreads of 0.8% for UK and 1.8 cents per share are built into the price.
• Spread betting companies can’t give you advice, but can provide research and analysis to help you find potential trading opportunities.
• He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
• You will have access to thousands of stocks, indices, currencies, and commodities.

Pepperstone operates a tiered approach to spread betting accounts. Newer clients typically joined Pepperstone’s standard accounts; more experienced traders can elect to join the firm’s Razor account. As seen below, Razor accounts have lower spreads than standard accounts in the FX markets but they also incur some commissions. TradeZero offers ultralow commissions and advanced trading tools, making it ideal for active traders. Its powerful platform and potentially free stock borrowing help you execute complex strategies.

Best for Mobile Users: Plus500

Being a public company means that you have to submit financial reports regularly. The share price and market cap are also good indicators of whether or not a company is heading for trouble. AsianConnect88 has very low deposit/withdrawal limits, but it covers much fewer bookmakers and exchanges than the other 2 options.

This means you can begin to understand how the spread betting system functions but you won’t actually stake real cash. This also lets you explore a number of lessons on the “Introduction to Trade” area of the site. The advantage of Capital.com is that you get access to many markets in order to do betting across the majority of asset classes. IG offers the greatest amount of exposure to commodities, currencies, shares, and indexes of any similar broker. IG is a reputable brokerage company that offers access to 17,000 markets worldwide.

SBO is another serious bookmaker, and a great alternative to Pinnacle if you can’t bet with them. Furthermore, Pinnacle is probably the best bookmaker when it comes to esports specifically. Discover more about its tools and available instruments in my complete review of City Index. Obviously, the top brokers are legal businesses since they are fully licensed in certain countries.

Getting the best odds and having the best liquidity is crucial in matched betting. Even small differences in odds can make a big difference in how much money you can make. Betting agents connect you to betting exchanges and Asian bookmakers, which are known for having the best odds and liquidity. This means you can place larger bets , and the competitive prices help you get the most value from each bet. Plus, brokers often provide helpful tools that make it easier to find and use profitable betting opportunities across different platforms.

• Alternatively, or additionally, brokers may offer third-party solutions which do not natively offer spread betting, but can support this style of trading.
• For this, select the ‘Closed Status’ option in the status window.
• Unlike traditional investing, one or two specific investments are likely to provide the best binary options returns.
• However, they run promos (to get new players to sign up), which smart bettors, such as matched bettors, take advantage of.
• These agents act as a helpful middleman between the bettor and the bookmaker.
• Consider customer support quality, as prompt and knowledgeable assistance can be vital.
• Rates, terms, products and services on third-party websites are subject to change without notice.
• FxPro is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and FxPro Edge.

Spread betting is one of the most tax-efficient ways to trade in the U.K. And Ireland, allowing investors to speculate on price movements across forex, stocks, indices, and commodities without paying capital gains tax. In addition to its tax efficiency, its appeal also lies in its flexibility, offering leverage, competitive spreads, and the ability to go long or short with ease. For seasoned bettors, BetInAsia also provides access to the Orbit Betting Exchange, backed by Betfair, offering extensive betting markets, high liquidity, and quick bet placement.

In terms of the range of bookmakers available, the platforms powered by Mollybet are offering the most bookmakers. In terms of the range of sports available, BFB247, BetInAsia and Bookielink are way ahead of the other competitors. The rest of the bet brokers are also covering a decent number of sports, except VOdds, which covers only three sports. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade.

When opening a new account, have in mind what asset classes and individual instruments you want to trade. Look for a broker that offers tight spreads not only during peak trading hours but throughout the day, across a wide range of asset classes. If you mainly trade a few key indices or forex pairs, choosing a broker with the lowest costs for those specific assets makes sense. For more diverse trading, consider brokers with consistently tight spreads across all instruments, even if it means using multiple accounts to optimize costs. City Index also has an options desk for spread betting on index and populare stock options. Between 51% and 89% of retail investor accounts lose money when trading CFDs.

Many brokers provide advanced trading tools, including Interactive Brokers, Cobra Trading and TradeZero. These platforms cater to active traders with features like order routing and in-depth market data. For those looking to expand their portfolios, Public offers access to over 300 select over-the-counter (OTC) stocks, primarily focusing on large-cap international companies. Each stock page on Public includes additional research, data and company-specific analysis, empowering investors to make informed decisions. The simplified platform makes it ideal for those who want to place trades without the distraction of too many technical tools or complicated interfaces. You’ll be able to start trading right away and can participate in a variety of markets.

The importance of customer service and support is essential when you need it. For that, you can check customer reviews and ratings on sites like the Better Business Bureau and TrustPilot. You also can choose to short-sell stocks without additional interest fees on borrowings. Sarah Edwards is a finance writer passionate about helping people learn more about what’s needed to achieve their financial goals.