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Best Spread Betting Platforms in the UK

Tobi Opeyemi Amure
Reviewed by:
Best spread betting platforms UK

In a nutshell, the best spread betting platforms are Spreadex, offering a wide range of markets and personalised customer service; Trade Nation, known for its transparent pricing and user-friendly platform; and IG, which provides extensive market access and advanced trading tools.

Selecting the right spread betting broker is crucial in the fast-paced trading world.

I’ve tested, scored, and ranked the best spread betting platforms in the UK.

Whether you’re looking for top-notch security, user-friendliness, or low fees, I’ve got you covered.

Overall best
Best for low-cost spreads
4.7
4.6

Award-winning trading platform suitable for beginner and experienced traders.

Access some of the lowest-cost fixed-spreads around, on the markets you most want to trade.

64% of retail investors lose money when trading spread bets and CFDs with this provider.
75% of retail investor accounts lose money when trading CFDs with this provider.
Overall best
4.7

Award-winning trading platform suitable for beginner and experienced traders.

64% of retail investors lose money when trading spread bets and CFDs with this provider.
Best for low-cost spreads
4.6

Access some of the lowest-cost fixed-spreads around, on the markets you most want to trade.

75% of retail investor accounts lose money when trading CFDs with this provider.

Top 10 Spread Betting Brokers Ranked

Here is a quick list of the top spread betting platforms to use in the UK based on my hands-on analysis:

  1. Spreadex – Overall best
  2. Trade Nation – Best for user-friendly trading experience
  3. IG – Best for beginners
  4. AvaTrade – Best for commodity spot markets
  5. Pepperstone – Best for utilising MT4/MT5
  6. City Index – Best for trading signals & post-trade analysis
  7. Capital.com – Easy-to-use
  8. CMC Markets – Best for advanced forex & CFD trading
  9. FXCM – Best for advanced technical research
  10. Admirals – Best for MetaTrader users

Top Picks Compared

Here I’ve compared the spread betting platforms based on four key factors you must consider and compare.

RankPlatformMinimum depositSpread fees (shares)Markets availableTypes of assets
1Spreadex£0Varies3,500+Shares, forex, ETFs
indices, commodities
futures, sporting events
2Trade Nation£00.6%1,200+Shares, forex
indices, commodities
bonds
3IG£2500.10%20,000+Shares, forex
indices, commodities
4AvaTrade£1000.13%10,000+Shares, ETFs, forex
indices, commodities,
bonds, options
5Pepperstone£10.10%1,600+Shares, forex
indices, commodities
6City Index£1000.08%12,000+Shares, forex
indices, commodities
7Capital.com£200.13%2,800+Shares, forex, ETFs
indices, commodities
8CMC Markets£00.6%12,000+Shares, share baskets
ETFs, forex
indices, commodities,
bonds
9FXCM£500.4%440+Shares, indices
forex, commodities
10Admirals£1000.4%8,000+Shares, forex
indices, commodities
ETFs

Reviews

In 2024, around 2 in 5 Brits (42%) invest and trade, up from 36% in 20211.

Choosing the best spread betting platform is crucial for newcomers in the market.

Having worked in the retail investment sector in London over the last four years, I had the opportunity to experience the rise first-hand.

Additionally, in my role working for one of the UK’s leading financial companies, “a trustworthy and respected provider of news, education and market analysis for the everyday investor”, I was able to work with and test some of the biggest spread betting brokers on the market.

Using my experience in this field, I’ve compiled a list of the best spread betting brokers in the UK based on four key criteria:

  1. Minimum deposit
  2. Spread fees (shares)
  3. Markets available
  4. Types of assets

Factors such as usability, trading platforms available, research tools, educational materials, and additional features were also considered.

All the spread betting apps and platforms I’ve reviewed below are regulated by the UK’s financial watchdog, the Financial Conduct Authority (FCA) or similar.

You can read about how we test platforms here.

This article was reviewed by Tobi Opeyemi Amure, a trading expert and writer at InvestopediaInvesting.com, and Trading.biz.

1. Spreadex – Overall best

Spreadex - Overall best spread betting platform UK.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

The overall winner on my list of the best spread betting brokers is Spreadex.

Spreadex, established in 1999, stands out as a versatile spread betting platform in the UK, uniquely encompassing both financial markets and sports betting.

This platform offers a unique opportunity to engage in spread betting across various sports like football and cricket, along with financial instruments such as shares, indices, currencies, and commodities.

The platform is notable for its competitive and transparent fee structure. A key advantage is the absence of a minimum deposit requirement, making Spreadex accessible to a wide range of investors.

Spreadex is acclaimed for its excellent customer service, recognised in the 2022 Investment Trends survey for its superior telephone and email support.

Its award-winning web-based trading platform is designed to cater to the needs of professional traders, offering over 10,000 markets and products. While it lacks MetaTrader support, the platform compensates with its user-friendliness and extensive market access.

Our vision is to serve the UK community (and beyond) who take an interest in the financial markets and want to speculate a portion of their portfolio themselves. We want to provide easy and simple access to the financial markets for clients and react to new markets and product innovations.

Tom Salmon, Managing Director at Spreadex. From our recent interview.

Spreadex is an ideal choice for UK-based spread bettors looking for a comprehensive and diverse trading platform.

With its strong focus on customer service, wide market range, and competitive fees, Spreadex caters well to both sports and financial market enthusiasts, although it could benefit from more robust educational tools and a demo account for beginners.

Read my full Spreadex review.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£0Varies3,500+Shares, forex, ETFs
indices, commodities
futures, sporting events

Pros:

  • Covers sports and financial spread betting
  • No minimum deposit required
  • Competitive, transparent fee structure
  • Award-winning customer service

Cons:

  • No demo account is available
  • Limited educational resources
  • Lacks MetaTrader support

64% of retail investors lose money when trading spread bets and CFDs with this provider.

2. Trade Nation – Best for user-friendly trading experience

Trade Nation - Best for User-Friendly Trading Experience

Trade Nation, a notable spread betting broker in the UK, has garnered attention for its comprehensive offerings and user-friendly platforms.

Established in 2014, it is regulated by several top-tier authorities, including the UK’s Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC), ensuring a high level of trust and safety for its users. 

A standout feature of Trade Nation is its no-minimum deposit policy, making it accessible for beginners.

The broker offers a broad range of over 600 tradeable symbols, including 33 spot forex pairs, numerous UK and US shares, and popular commodities, metals, bonds, and indices.

Furthermore, cryptocurrency trading is available through its Bahamas entity, expanding the options for traders.

Trade Nation’s web and mobile platforms are commendable for their ease of use, gaining high ratings for user-friendliness.

Its mobile app integrates the Smart News feature, which curates relevant Tweets and news headlines, enhancing the trading experience.

Charting is powered by ChartIQ, offering robust technical analysis tools for both web and mobile users.

The broker is known for its competitive fixed-spread pricing, which is a significant advantage, especially for forex and CFD trading.

For instance, it lists a fixed spread of 0.6 pips for the EUR/USD pair, which is competitive in the market. 

On the education and research front, Trade Nation provides quality tools and resources, although there is room for improvement in terms of variety and depth.

The broker’s YouTube channel and Smart News module are useful for market analysis and insights, but a more comprehensive approach to research and education could enhance its offerings.

Customer support at Trade Nation is rated highly, with prompt and relevant responses to inquiries. However, the absence of live chat and 24/7 support might be a downside for some users. 

In conclusion, Trade Nation is a compelling choice for UK traders, particularly for those interested in spread betting, forex, and CFDs.

Its regulatory standing, user-friendly platforms, and competitive pricing make it a strong contender in the market, although it could further improve by expanding its educational and research resources.

Read my full Trade Nation review.

Minimum depositSpread fees (shares)Markets availableTypes of assets
£00.6%1,200+Shares, forex
indices, commodities
bonds

Pros:

  • Regulated by top-tier authorities
  • User-friendly web and mobile platforms
  • Competitive fixed-spread pricing

Cons:

  • Limited educational resources
  • No live chat support
  • Limited research tools

75% of retail investor accounts lose money when trading CFDs with this provider.

3. IG – Best for beginners

IG - Best spread betting broker UK for beginners.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG, founded in 1974, is a top contender in the UK spread betting sector. It offers a wide range of assets, including stocks, bonds, index funds, currency pairs, and CFDs.

The platform boasts access to nearly 20,000 markets (largely through CFDs and spread bets), known for its commodity, currency, share, and index options. Traders can bet in both directions and use leverage, with a maximum of 1:30 for retail and up to 1:222 for professional clients on select assets.

IG ensures trading safety with Negative Balance Protection, preventing losses that exceed an account’s funds. The platform operates with zero commission, embedding costs in competitive spreads.

Forex spreads start at 0.6 points, while stocks and indices are as low as 0.1 points. IG’s platform, compatible with web browsers and mobile devices, requires an initial funding of £250.

Regulated by the FCA, IG’s platform offers technical tools and educational resources, including webinars and live seminars. The account setup is fast, and a demo account is available for risk-free practice.

In summary, IG provides a secure and comprehensive spread betting platform in the UK, suitable for both beginners and experienced traders.

Read my full IG review.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£2500.10%20,000+Shares, forex
indices, commodities

Pros:

  • Negative balance protection & leverage
  • Zero commission and fully regulated
  • Wide selection of currency pairs, close to 100

Cons:

  • Requires a minimum deposit of £250

4. AvaTrade – Best for commodity spot markets

AvaTrade - Best for spread betting commodity spot markets

AvaTrade, established in 2006, has become a key player in the UK’s spread betting market. It offers a wide range of assets like currencies, stocks, and indices. The platform is known for competitive spreads and no commission on trades.

With over 200 financial instruments, AvaTrade gives users access to popular platforms such as MetaTrader 4 and 5, and its own AvaTradeGo app.

AvaTrade features AvaSocial, which allows for social trading within a global community. Beginners are supported with a vast library of educational content and a demo account for practice.

Opening an account with AvaTrade is easy, requiring only a £100 minimum deposit. The platform variety, including AvaOptions and MetaTrader4, provides a rich trading experience.

AvaTrade’s asset range is extensive, offering over 60 currency pairs and various commodities, shares, forex, and ETFs. Active traders benefit most from the fee structure, as a £50 inactivity fee applies after three months of non-use.

AvaTrade excels with its comprehensive educational resources and diverse trading tools, establishing itself as a premier choice for novice and experienced UK-spread bettors alike.

Read my full AvaTrade review.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£1000.13%10,000Shares, ETFs, forex
indices, commodities,
bonds, options

Pros:

  • Commission-free spread betting
  • Extensive analytical tools
  • Unique support for bond markets among spread betting platforms

Cons:

  • Inactivity fee after 3 months

5. Pepperstone – Best for utilising MT4/MT5

Pepperstone - Best spread betting platform for utilising MT4/MT5.

Pepperstone, originating from Australia, has become a notable name in the UK spread betting market. It serves both new and expert traders, offering a wide asset range across platforms like TradingView, Metatrader 4, Metatrader 5, and cTrader.

The platform allows for automated trading, minimising the need for continuous manual trades. It also boasts a wide array of educational materials for all levels of trading expertise.

Professional traders have access to an account that provides high leverage and advanced tools, though it lacks negative balance protection.

New traders will find Pepperstone welcoming, with no minimum deposit and no inactivity fees, making it easy to start. The platform offers over 1,600 markets, a substantial variety for many traders.

Pepperstone’s pricing is competitive. Basic accounts have zero commission on spread betting, while ‘raw’ accounts offer most markets commission-free, with a small fee on large trades.

Under FCA regulation, Pepperstone keeps leverage at a 30:1 cap for retail traders, ensuring compliance.

It suits traders who are comfortable with complex strategies and platform use. With third-party integrations like cTrader and MT4/MT5, the platform provides advanced trading tools and a broad range of assets, including forex, stocks, and commodities.

Pepperstone combines a broad asset selection with an efficient trading experience, positioning itself as a strong option for spread betting in the UK.

Read my full Pepperstone review.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£10.10%1,600+Shares, forex
indices, commodities

Pros:

  • Extensive range of assets for spread betting
  • Top-notch educational resources available

Cons:

  • Pricing is relatively high when compared to rival platforms

6. City Index – Best for trading signals & post-trade analysis

City Index - Best UK spread betting platform for trading signals & post-trade analysis.

City Index, established in 1983, has become a go-to spread betting broker in the UK, especially for beginners. It offers over 12,000 financial instruments and is regulated by the Financial Conduct Authority, ensuring a safe trading experience.

The broker is noted for its extensive educational and research resources, which include technical indicators, charting tools, and real-time news from Reuters. These tools help new traders to analyse the markets and make informed decisions.

City Index boasts tight spreads, starting at 0.5 pips, and does not charge commissions on spread bets, as costs are included in the spreads. Traders should note the overnight fees for open trades and a 12-month inactivity fee, though it’s more forgiving than some, activating after 24 months.

The platform requires an initial deposit of £100 but provides a fast, user-friendly trading experience on various devices. The wide range of research tools and educational materials, including a demo account, facilitates a learning-friendly environment for new traders.

City Index stands out as a beginner-friendly spread betting platform in the UK, offering solid educational support and a broad selection of trading options.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£1000.08%12,000+Shares, forex
indices, commodities

Pros:

  • Established UK brokerage since 1983
  • Access to 120,00+ spread betting markets
  • In-depth charting tools with 80+ indicators

Cons:

  • High withdrawal requirement

7. Capital.com – Easy-to-use

Capital.com - Easy-to-use spread betting platform

Capital.com is a leading spread betting platform in the UK, offering extensive market access across various asset classes.

It’s a prime choice for those seeking tax-free gains from over 2,400 global stock markets, including the London Stock Exchange and AIM, as well as major markets in Europe, the US, Canada, and Australia.

Forex traders have a wide selection of currency pairs at their disposal, including major, minor, and exotic pairs. The platform also provides commodities like gold, oil, and natural gas.

Notable for its 0% commission policy, Capital.com charges only the spread, enhancing its appeal for cost-conscious traders. The platform supports both buy and sell positions, enabling traders to profit from market moves in either direction.

Capital.com allows the use of leverage on spread bets, which can increase potential returns, but traders should be aware of the risks involved. The UK’s regulations limit leverage to 1:30 for major forex pairs, with tighter restrictions on other assets.

Capital.com is a comprehensive and user-friendly spread betting platform in the UK, suitable for both new and experienced traders, offering a wide range of markets and a clear fee structure.

Key rating criteria:

Minimum depositSpread fees (shares)Markets availableTypes of assets
£200.13%2,800+Shares, forex, ETFs
indices, commodities

Pros:

  • User-friendly stock trading platform
  • Enhanced trading capabilities
  • Commission-free and compliant with regulations
  • Access to a learning portal for education

Cons:

  • Considered too basic by some experts
  • Involves indirect ownership of stocks

8. CMC Markets – Best for advanced forex & CFD trading

CMC Markets - Best for Advanced Forex and CFD Trading

CMC Markets, a leader in spread betting and CFD trading, stands out in the UK for its extensive experience and robust platform.

Established in 1989 and listed on the London Stock Exchange, this broker is well-regarded for its financial stability and strong regulatory standing, authorised by several Tier-1 jurisdictions including the UK’s FCA.

Key strengths of CMC Markets include its competitive pricing, especially in forex trading, where it consistently offers lower costs compared to industry standards.

Their unique pricing structure, like the FX Active program, provides even more value with options like commission-based pricing and discounts for active traders, making it a prime choice for both casual and serious investors.

The Next Generation platform, CMC Markets’ proprietary trading interface, is a standout feature. It offers over 12,000 tradeable instruments, making it one of the most versatile platforms in the market.

The platform’s user-friendliness, coupled with advanced tools and comprehensive market research, enhances the trading experience significantly.

Their mobile app also mirrors these strengths, with a sleek design and a wealth of research tools and educational content.

CMC Markets also shines in its educational and research offerings.

While it could benefit from interactive content and progress tracking in its educational sector, the available resources are extensive and beneficial for traders at all levels.

Their research tools are adept for both beginners and advanced traders, offering detailed technical analysis and fundamental insights.

On the downside, the MetaTrader 4 platform, while improved with additional features, still lags behind in terms of the number of tradeable symbols when compared to their Next Generation platform.

Overall, CMC Markets is a top-tier choice for traders in the UK, especially for those focused on forex and CFD trading.

Its blend of competitive pricing, a comprehensive range of offerings, robust research and educational tools, and a user-friendly platform makes it a standout broker in the industry.

Minimum depositSpread fees (shares)Markets availableTypes of assets
£00.6%12,000+Shares, share baskets
ETFs, forex, indices,
commodities, bonds

Pros:

  • Competitive pricing, especially in forex trading
  • Over 12,000 tradeable instruments on Next Generation platform
  • Extensive research and educational tools

Cons:

  • Limited tradeable symbols on MetaTrader 4
  • High stock CFD fees
  • Customer support available only 24/5

9. FXCM – Best for advanced technical research

FXCM - Best for advanced technical research

FXCM, a UK-based broker, stands out as a leading choice for spread betting and CFD trading, catering especially to forex traders.

Renowned for its straightforward and speedy account opening process, FXCM provides a user-friendly experience for new clients.

The broker is recognised for its robust technical research tools, including a wide range of technical indicators and high-quality educational content.

These features make FXCM an appealing option for both new and experienced traders.

Additionally, clients should be aware of the high fees for bank withdrawals and the lack of two-step authentication on its trading platforms, which could be a concern for those prioritising security.

FXCM’s web and mobile trading platforms are noted for their customisability and range of order types.

The mobile platform, scoring high for its user-friendliness and variety of order types, also falls short in offering safer login options like two-step or touch/face ID authentication.

In terms of fees, FXCM has an edge with no withdrawal fees for credit/debit cards and no charges on account and deposit fees.

However, an inactivity fee applies after one year, and bank withdrawal fees are considerably high. For those who value cost efficiency, these factors are crucial to consider.

For research and educational resources, FXCM shines with its comprehensive offerings, including interactive charts, trading ideas, and quality news flow.

Their educational tools, such as demo accounts and educational videos, are beneficial for traders at all levels, although availability may vary by country.

Regulated by top-tier authorities like the UK’s FCA, FXCM ensures a safe trading environment. Its parent company is publicly traded, adding an extra layer of credibility and trust.

In conclusion, FXCM is a solid choice for forex and CFD traders who value a user-friendly platform, extensive research tools, and educational resources.

While its product portfolio may be limited for some, its specialised offerings and regulatory compliance make it a trustworthy and competent broker for those focused on forex and CFD trading.

Minimum depositSpread fees (shares)Markets availableTypes of assets
£500.4%440Shares, indices
forex, commodities

Pros:

  • User-friendly account opening process
  • Extensive technical research tools
  • High-quality educational resources

Cons:

  • Limited product portfolio
  • High bank withdrawal fees
  • No two-step authentication on platforms

10. Admirals – Best for MetaTrader users

Admirals - Best spread betting broker for MetaTrader users

Admirals, formerly known as Admiral Markets, has established itself as a formidable player among the UK’s spread betting brokers.

Admirals boasts a comprehensive suite of features, including a rich selection of shares, forex, and CFD markets.

Its integration with advanced MetaTrader features, particularly the Supreme add-ons, and the StereoTrader dashboard, enhances the trading experience.

Admirals stands out for its superior investor education, offering a robust array of educational materials.

The platform’s Premium Analytics, featuring tools like Dow Jones News, sentiment analysis from Acuity Trading, and Trading Central signals, further empower traders with insightful research content.

A key strength of Admirals is its regulatory compliance, being authorised by respected entities like the ASIC, CySEC, and the FCA.

This regulatory framework provides a layer of trust and security for traders.

The broker also offers a diverse portfolio, with 6,942 tradeable symbols across various asset classes.

However, Admirals isn’t without its limitations. The broker serves as the sole liquidity provider for its group companies, which might be a concern for some traders.

Additionally, its spreads on commission-free accounts are average, and the maximum contract size is limited on certain accounts.

Admirals presents a compelling option for traders who value educational resources, diverse trading instruments, and a reliable regulatory environment.

Its competitive pricing and the variety of available account types cater to a wide range of traders.

The platform’s emphasis on risk management tools and comprehensive market analytics makes it a sound choice for those looking to navigate the complexities of spread betting in the UK.

Minimum depositSpread fees (shares)Markets availableTypes of assets
£1000.4%8,000+Shares, forex
indices, commodities
ETFs

Pros:

  • Extensive range of shares, forex, and CFDs
  • Advanced MetaTrader features and educational content
  • Regulated by ASIC, CySEC, FCA

Cons:

  • Sole liquidity provider for its group
  • Average spreads on commission-free accounts
  • Mobile app still evolving

How to Choose? What Factors to Consider

Choosing the best spread betting platform is crucial to ensure a smooth and successful trading experience.

Potential clients should be careful to pick an established, regulated provider with good reviews and platform reliability. You are holding money with your spread betting provider so should take the same caution you would with any other financial provider like a bank or an investment platform.

Tom Salmon, Managing Director at Spreadex. From our recent interview.

Along with the key rating criteria I used to rank the brokers, here’s what to look for:

  1. Regulation and Safety:
    • Always choose a platform that is regulated by reputable authorities, like the Financial Conduct Authority (FCA) in the UK. Regulation ensures that the platform adheres to strict standards and practices.
    • Ensure that the platform has measures in place to protect your funds, such as segregated accounts and robust encryption.
  2. Range of Markets:
    • A good platform will offer a wide variety of markets to bet on, from stocks and forex to commodities and indices.
    • Consider your interests and the specific markets you want to explore.
  3. Trading Costs:
    • Assess the platform’s spread widths. Narrower spreads generally mean lower trading costs.
    • Check for any additional fees, like overnight financing (also known as the overnight fee or swap rate) or inactivity fees.
  4. Platform Usability:
    • Choose a platform with an intuitive interface, ensuring easy navigation and trading.
    • The platform should be reliable, with minimal downtime.
  5. Trading Tools & Features:
    • Access to advanced charting tools, technical indicators, and real-time news feeds can enhance decision-making.
    • Some platforms may offer risk management tools, like stop-loss or take-profit orders, which can be invaluable.
  6. Leverage Levels:
    • Different platforms offer different leverage limits. Ensure you understand the risks associated with leveraging before making your choice.
  7. Educational Resources:
    • Especially beneficial for beginners, look for platforms that offer educational tools, webinars, and tutorials.
    • A demo account feature is a plus, as it allows you to practice without risking real money.
  8. Customer Support:
    • Reliable customer support is essential. It should be easily reachable and provide prompt and clear assistance.
    • Check for multiple contact methods, such as live chat, phone support, and email.
  9. Deposits & Withdrawals:
    • Ensure the platform provides multiple methods for deposits and withdrawals, including bank transfers, credit cards, e-wallets, etc.
    • Evaluate the speed of withdrawals and whether any fees are involved.
  10. Feedback and Reviews:
    • Look at user reviews and feedback. They can provide insights into the platform’s strengths and weaknesses.
    • However, always take reviews with a pinch of salt, as some may be biased or inauthentic.
  11. Mobile Trading:
    • If you want to trade on the go, ensure the platform has a robust mobile application compatible with your device.
  12. Customisation and Scalability:
    • The ability to customise your trading workspace can improve efficiency.
    • As your trading skills advance, you’ll want a platform that offers advanced features and can scale with your needs.

Final Thoughts

In the dynamic world of financial markets, spread betting has emerged as a popular method for traders in the UK to capitalise on market movements.

Given its tax advantages and versatility across various asset classes, it’s no wonder many are drawn to this form of trading.

However, the key to a successful spread betting experience lies in choosing the right spread betting broker.

After testing and reviewing the top spread betting platforms in the UK, it’s evident that each offers unique features catered to different trader needs, from user-friendly interfaces for beginners to advanced analytical tools for seasoned traders.

But, for beginners, I’d recommend Spreadex and IG as the overall best spread betting platforms in the UK.

FAQs

Is spread betting tax-free in the UK?

Yes, in the UK, profits from spread betting are exempt from capital gains tax and stamp duty. This tax-free status is one of the primary attractions for traders using spread betting as a trading method.

Is spread betting regulated in the UK?

Yes, in the UK, spread betting is regulated by the Financial Conduct Authority (FCA). This regulatory body ensures that spread betting providers adhere to strict standards to protect traders and maintain market integrity. Always ensure that a spread betting provider is FCA-regulated before engaging in trading activities.

You may also like:

Sources:

  1. https://www.finder.com/uk/investment-statistics ↩︎

Will Fenton is the founder of Sterling Savvy. He is a personal finance expert and writes about trading, investing, budgeting, and other financial topics.

Along with his education in Economics & Finance, he has experience working in the financial services industry in London working for one of the UK’s leading financial companies, “a trustworthy and respected provider of news, education and market analysis for the everyday investor”.

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