What is Spread Betting?

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.

CFD vs Spread Betting

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 Companies usually offer to bet across multiple asset classes and including forex, even with Cryptocurrencies, commodities, indices, and shares.

Registration

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.

  • Spread betting should be strongly reviewed and controlled, as a leveraged investment brings both opportunities to significant gains or losses.

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.

Best Financial Spread Betting Platforms and Brokers in UK

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.

  • Pepperstone– Best Overall Spread Betting Broker 2020
  • City Index– Lowest Spread Spread Betting Broker 2020
  • FXTM – Best MT4 Spread Betting Broker 2020
  • XM – Best for Beginners Spread Betting Broker 2020
  • FXCM– Best for Scalping and EA Trading Spread Betting Broker 2020

The complete List of Financial Spread Betting Brokers in UK

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

Best Spread Betting Sites For Beginners

Best Spread Betting Sites

Best Spread Betting Books

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