We’ve put together this list of Spread Betting companies, designed to introduce you to a wide selection of reputable brokers and help you choose the one that best suits your trading needs, no matter what level you are at.
You’ll find a full review of each broker and our opinion on the services and features we think they are strong on and those they aren’t. So if you want a broker who’s best in class for education, or pricing, or trading tools, we’ll cover it all in our reviews.
Bear in mind, we will only include reputable companies on the site – each of the brokers featured here are authorised and regulated by the UK’s Financial Conduct Authority.
We regularly review our broker list to ensure the information is up to date, but if we’ve missed something, feel free to contact us, or post a message below.
Regulated Spread Betting brokers
|Broker||The Armchair Trader says:|
There’s a good range of markets to choose from and spreads are competitive too. We like the fact that you’ll be assigned an Account Relationship Manager when you open your account. See our full ETX Capital review. Percentage of clients that lose money: 78%
With a strong focus on the trading experience, industry leading technology, low costs and award-winning client support, we feel that Pepperstone is a good option for the more established high volume day trader. See our full Pepperstone review. Percentage of clients that lose money: 73.6%
Regulated by the FCA since 2017, ATFX provides access to the most popular markets through the powerful MT4 platform. A solid choice for traders looking for a smaller broker with a competitive offering. Percentage of clients that lose money: 70%
Founded in 2001 and regulated by the FCA, ActivTrades platform is simple to use with an emphasis on risk management tools and competitive spreads. Clients can spread bet from as little as 10p per point making it a good option for beginners. Percentage of clients that lose money: 75.7%
Spreadex offer a pretty unique proposition for UK and Ireland residents, combining sports betting and financial betting on one trading platform. Their range of markets includes equities, or stocks, and is broad enough to offer a choice of Small Caps with a market capitalisation of £1million and above. See our full SpreadEx review. Percentage of clients that lose money: 55%
|With deeper pockets to invest in their services than most brokers, IG’s platform suite and trading support tend to lead the way. IG is a good all-rounder for novice through to experienced traders and investors. See our full IG review. Percentage of clients that lose money: 78%|
|If you are looking for a knowledgeable, personal service from your CFD, Spreadbetting or Forex broker, you won’t go wrong with the Accendo Markets team. See our full Accendo Markets review. Percentage of clients that lose money: 77%|
|Hantec Markets doesn’t have the financial power of some of the bigger brokers but uses the powerful MT4 platform to provide traders with the tools they need. As a smaller broker, personal service is high on their priority list . See our full Hantec Markets review. Percentage of clients that lose money: 70%|
|FxPro provide a solid range of markets, covering all of the most popular choices. This range will easily cater for the needs of the majority of traders. See our full FxPro review. Percentage of clients that lose money: 79%|
|Spread Co doesn’t have the financial power of some of the bigger players to invest in tools and research products, so they play to their strengths. Pricing is kept low and we like the fact that spreads don’t change depending on market volatility. You’ll earn 2% interest each year on your cash balance and the Mini Markets account is a great place to start for beginners. See our full Spread Co review. Percentage of clients that lose money: 60.2%|
% of clients lose money data compiled 10/06/19
Choosing the right spread betting company
If you are new to financial spread betting, we offer a variety of free resources that you can use to help you select the broker that best meets your trading needs.
We suggest that you start with the basics – decide what tools and features you need to identify, execute and control your trades. Our guide to choosing the right spread betting company can be found here. Download it for free and use it to ensure you are asking yourself the right questions.
Remember, spread betting is a leveraged product which means your winning trades and your losing trades are magnified. You should understand leverage before you begin to trade with real money.
Spread betting demo accounts
Some, but not all, spread betting companies offer a demo account. This is an account using a limited number of markets with live prices that you can use to practice on. They have the advantage of letting you trade live, up-to-date market prices rather than delayed ones.
A number of firms offer a demo account, but some will only offer them for a limited period of time or with a restricted series of features.
Find out how you can make best use of a spread betting demo account, avoiding the pitfalls along the way.
The best spread betting accounts for beginners
Some spread betting companies are geared towards offering accounts that have the beginner in mind. These accounts generally provide limited risk features that are designed to ensure that novice traders do not make costly mistakes as they learn about the unpredictable nature of the financial markets.
We have put together an article featuring the best spread betting platforms for beginners.
These accounts should ideally form the basis of your research as you move from a demo account to a live trading account.