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.

Look for the platform that offers the smallest spread for the cryptocurrency you want to spread bet on. The spread is the difference between the buy and sell price of the asset you want to trade.

For example, a Bitcoin spread represents how much the value of Bitcoin would need to change before you break even on your spread bet. Anything short of the spread will result in a loss.

The smaller the spread offered, the less the cryptocurrency value needs to change before you can begin to make a profit, but only if the cryptocurrency value goes up or down in favour of your spread bet.

Things to consider before spread betting

When you spread bet on a cryptocurrency, you do not own any of the currency. Instead, you trade on its value going up or down.

You start at a loss with all spread bets, equal to the size of the spread. If your trade does not go in your favour, you risk losing more money than you trade with.

Cryptocurrency spread betting accounts FAQs

Q

Is it safe to spread bet cryptocurrencies?

A

They are as safe to spread bet on as any other asset, e.g. forex. Here is more information on spread betting.

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

Will I need to pay tax when I spread bet on cryptocurrencies?

A

You do not pay income tax, Stamp Duty or Capital Gains Tax on any profits. Find out more about spread betting here.

Q

Do I pay any fees on spread betting platforms?

A

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

Q

Is financial spread betting regulated?

A

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

About our Cryptocurrency spread betting comparison

Q

Who do we include in this comparison?

A

We include brokers from our panel that offer cryptocurrency spread betting. 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.