Speculate on price rises and falls of thousands of global financial markets using spread betting. This tax-efficient trading option allows you to go long or short on market movements without owning the underlying asset. Choose from a range of assets including stocks, indices and currencies.
The spread betting platforms UK are regulated and offer competitive spreads and trading fees. They also offer advanced features like cTrader and MT4, and a variety of trading tools and educational resources. They are known for their speedy account setup, and many provide a risk-free demo account.
Top Spread Betting Platforms in the UK: A Review
When selecting a platform, it’s important to consider the number of markets available, fee structure and deposit/withdrawal options. Moreover, it is essential to look for FCA regulation and read online reviews from past traders.
Pepperstone is a popular choice among spread bettors, as it offers a variety of accounts to suit different trading needs. Its basic account offers zero commission, while its ‘raw’ accounts allow you to trade most markets with a low fixed margin. Its trading leverage is capped at 30:1 for retail traders, complying with FCA regulations.
XTB is one of the most cost-effective spread betting platforms, as it doesn’t charge deposit or withdrawal fees (for amounts greater than 50 GBP). However, it does have overnight funding charges. In addition, it offers an excellent range of global markets and competitive spreads. Moreover, it is regulated by the FCA and offers a number of tools for technical analysis.