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 decide which spread betting platform is best for you, compare:

  • The spread offered: This is the difference between the buy and sell price on a market, and how much your trade would need to move to make a profit or loss.

  • The markets you can trade on: You can usually spread bet on forex or indices like the FTSE 100 and Wall Street, but more markets are usually available.

  • The amount you need to make a spread bet: Each company sets a minimum amount you need. This can vary from 1p to 1 per point on the market you trade on.

Use this spread betting comparison to find a platform that suits your needs.

What to look for in an account

You can check what each account offers using our comparison, by clicking through to each provider's website. Look for information on:

  • Cost

  • Spread

  • Account features

  • Apps and devices you can trade on

Alternatively, you could try a demo account with the companies you're considering, to help you decide which you like best.

What tools to spread betting accounts offer?

You can use the following tools to manage your trades, helping you to close your position to gain a profit or reduce a bigger loss:

  • Limit orders: This closes your trade when it reaches a price point that gives you a profit you want. It also means your position is closed, even if the price movement continues in your favour.

  • Stop loss orders: This is the reverse of a limit order, and closes your trade at a price point chosen by your to limit your losses if the market goes against you.

Spread betting platforms FAQs

Q

Do you pay fees on spread betting platforms?

A

Some may charge for cash withdrawals or for leaving your account inactive for over a year. Check each platform's terms before opening an account.

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 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.

Q

Is financial spread betting regulated?

A

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

About our spread betting platforms 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.