A spread which is a range of outcomes between bid and offer price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together an attractive option Spread betting.
Best Point Spread Betting Odds & Sites Point spread betting is one of the most popular form of odds offered by sportsbooks. A huge majority of bookmakers offer point spread bets for team sports like. Best Sports Spread Betting Sites. Each sports spread betting site we review is internationally-regulated and licensed by well known and reputable jurisdictions ensuring that they are regularly tested for. Some sports do not use a point spread but rather just stick to a moneyline bet. For example, a team that was a -7 favorite would likely have a moneyline negative as well, say -200. That means, you would have to bet $100 to win $200. Alternatively there is a plus bet.
It means you speculate on financial markets in the same way as trading derivatives but with no single stake to limit loss. Eventually, you trade without taking any position in the current security, but to create an active market for both sides, respectively the ones who selling and the counterparty is buying. Discover more about Spread Betting Wikipedia.
While CFDs are short-term derivative contracts for the difference you will speculate on the value of the underlying asset. So the concept of trading between CFDs and Spread Betting is different since Spread Betting is just a bet on the direction of price movement. Yet, both share the same point that you just speculate on the movement itself without actually owning the asset itself, also through the use of leverage.
Spread Betting shows significant growth within the UK for the last years and is regulated speculative trading activity by the local authority FCA. Read more about Why trade with FCA brokers and see its official FCA website to verify licenses. Yet, spread betting concentrated 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.
Thus, the broker provider should be carefully selected after consideration of all applicable local laws and regulatory statutes. In case the company or broker offers you unauthorized Spread betting possibility, you should not be allured with an attractive opportunity. As in fact, only regulated and authorized trading adheres to safe trading practices and may be classified as a potentially safe investment. Otherwise, you may easily fall under the fraud.
Due to its popularity in the UK, many UK based Brokerages offer Spread Betting option, yet from the company to another platform may feature some differences. That’s why we recommend reading the FCA Handbook to learn more about Spread Betting and choose only reputable firm.
Below you will find a listing of the Best Reviewed Brokers offering Spread Betting also with some narrowed criteria ranked.
This is the complete list of regulated brokers that offer a Spread Betting platform available for UK clients.
Broker | Detail | |
---|---|---|
FXTM | Max. Leverage: 1:30 1:200 Regulation: CySEC,FCA, FSCA | FXTM Review |
FP Markets | Min. Deposit: 100 US$ Trading Platforms: IRESS, MT4, MT5 | FP Markets Review |
Pepperstone | Min. Deposit: 200 US$ Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN | Pepperstone Review |
BDSwiss | Min. Deposit: 100 US$ Trading Platforms: MT4, MT5, BDSwiss Webtrader | BDSwiss Review |
HotForex | Min. Deposit: 5 US$ Trading Platforms: MT4, MT5 | HotForex Review |
XM | Min. Deposit: US$5 Trading Platforms: MT4, MT5, XM WebTrader | XM Review |
FXCM | Min. Deposit: 50 US$ 300 GBP Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader | FXCM Review |
City Index | Min. Deposit: 100 GBP Trading Platforms: Advantage Web, AT Pro, MT4 | City Index Review |
Finspreads | Min. Deposit: 50 US$ Trading Platforms: Advantage Web | Finspreads Review |
Nadex | Min. Deposit: 250 US$ Trading Platforms: Nadex Platfrom, NadexGO | Nadex Review |