Looking for the Best Spread Betting Platform UK? Surely, you landed in the right place. This article is dedicated to looking at the top spread betting platforms in the UK.
First, let us make it clear that we only recommend licensed brokers, you might find what appears to be a better deal elsewhere, with an unregulated broker. However, we strongly advise you to only use FCA regulated brokers if you are based in the UK.
What is spread betting?
- Spread betting is a speculative form of investing, your primary task is to predict whether the price of an asset will increase or decrease within a predetermined time frame.
- Spread betting is in many cases similar to CFD trading, but with a few important differences.
- It’s betting! Due to its speculative nature, spread betting is not taxed in the UK.
- There is a huge potential to make money in a very short period of time, but, the risk is also high. You can also lose money.
- Spread betting in the UK is leveraged, this means that potential profits and losses are higher.
Best Spread Betting Platforms in the UK
Like mentioned above, these are all safe platforms to trade with, they are all regulated by FCA. Therefore, they have a license to offer spread betting. You should still be aware that spread betting is associated with a high risk. Always be careful and never invest more than what you can afford to lose.
Spread betting is generally available on the same platforms where you can trade CFD and Forex. However, far from all CFD and Forex brokers offer Spread Betting. There is also a bunch of unregulated scams out there, we suggest you avoid them.
Number one Spread Betting Platform in the UK
One of the biggest brokers in the UK, also offers a solid trading platform and also offers spread betting. On top of that, you can trade CFDs on stocks, forex, cryptocurrencies and more.
Another great spread betting platform is CMC Markets
CMC Markets is another great option if you are keen on trying Spread Betting. They have an industry leading CFD and forex platform. Click the link above to read our full review.
ETX Capital also offers Spread Betting in the UK
ETX Capital is a great broker, and they are the oldest CFD and forex broker out there, tons of experience. They also happen to have one of the best spread betting platforms we’ve seen.
Find the best trading platform. You capital is at risk when trading. Be careful.