Spread Betting are leveraged products and can result in losses that exceed your deposits. They may not be suitable for everyone. Please ensure you fully understand the risks and seek independent advice. Our tables are suitable for experienced investors only.

To help you find the best financial spread betting company online, you need to look at:

  • The size of the spread: This tells you how much a market needs to move before you break even.

  • The margin amount: This is how much you need in your account before you place your spread bet.

This comparison shows the spread offered by each company for indices like the FTSE 100 and Wall Street, as well as pounds/US dollars and euro/US dollar forex pairs.

Each provider offers access to different markets, so check for one that lets you trade in the market you want. Some companies offer more than one type of trading, whereas others include more limited access.

What are the costs of financial spread betting?

The size of the spread will be the cost of trading in a market, the bigger the spread the higher the cost of spread betting. Some brokers may also charge:

  • Cash withdrawal fees

  • Credit card fees

  • Fees for accounts that have been inactive for over a year

Check each company's terms before opening an account, to make sure you understand how much you could be charged.

Financial spread betting companies FAQs

Q

How do these companies make money?

A

They make money by charging an upfront fee, or by charging commission on any profit you make.

Q

Can I get a limited risk account?

A

You can get a demo account which allows you to trade using simulated funds.

Q

What is LIBOR?

A

LIBOR, or the London Interbank Offered Rate, is the average interest rate that leading banks charge to lend money to each other.

Q

Are these accounts available to UK residents?

A

Yes, the accounts listed here are all available to those living in the UK. You will need a UK address to register.

Q

Do these providers run offers on their accounts?

A

Sometimes brokers incentivise some accounts with welcome bonuses. You will need to check each providers website for details of these offers.

Q

Do I pay tax when financial spread betting?

A

No, any profits you make are not liable for Income Tax, Capital Gains Tax or Stamp Duty.

Q

How much do I need to open a spread betting account?

A

Most accounts are free to open, but you need to deposit a minimum amount to begin spread betting, such as 100. Check the terms before you apply.

Q

Is financial spread betting regulated?

A

Yes, all UK based spread betting companies are regulated by the Financial Conduct Authority.

Q

Is spread betting gambling?

A

No, the FCA does not consider spread betting to be a form of gambling, instead it is seen as a type of investment trading.

About our financial spread betting companies comparison

Q

Who do we include in this comparison?

A

We include spread betting accounts from our panel. They are either authorised and regulated by the Financial Conduct Authority (FCA), or a European regulator and listed on the FCA register as EEA authorised.

Here is more information about how our website works.

Q

How do we make money from our comparison?

A

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.

Q

How do we select our top financial spread betting providers?

A

We display a range of providers that have completed due diligence and passed our compliance checks.