10 Best Spread Betting Platforms and Brokers for 2024

And time is probably the greatest cost that the arbitration trader faces; if you have to wait days or even weeks between finding new exploits,  this is a lot of time without earning money. The Think Market proprietary betting app and platform is called ThinkTrader. You can use both the mobile app and desktop platform to take control of your spreads. One of the really neat things about Think Market is that it has a really awesome app for your spread betting needs.

Browse the 10 Best Stock Brokers in the US in 2025

• Broker minimum deposit requirements can range from $0 to $27,000 or more, depending on the broker and the type of account.
• Founded in 2011, BetInAsia is focused on providing access to a wide range of Asian bookmakers and sports betting opportunities, especially Asian Handicap markets.
• The other spread betting tool, that is unique to City Index is Performance Analytics.
• Look for a broker that offers tight spreads not only during peak trading hours but throughout the day, across a wide range of asset classes.
• With Think Markets, you get access to more than 4,000 instruments from multiple markets.
• Currency markets can be very volatile, particularly around major economic announcements, which can lead to significant price movements.
• You may need to contact your broker anytime during the day, so you must choose a broker that can deliver remarkably in this regard.
• So, for professionals, Unibet is not the best long term bookmaker.
• They are considered to be one of the best brokers and are well regulated in multiple jurisdictions.

Here’s how the six best brokers ranked when we compared them by how many features they have for novice traders. In this context, it means a significant advantage or disadvantage. We are able to leverage a very small investment to potentially get much bigger returns or much bigger losses. You bet on whether you expect the price to move up or down, and your profit or loss is determined by the accuracy of your prediction.

Popular Forex Broker Reviews

Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Spread Betting Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Spread Betting Brokers. The best rated Spread Betting broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies.

Best for Copy Trading: eToro

Today, it is known for its competitive spreads, fast execution, and reliable platform. Regulation of Spread Betting Brokers is necessary to prevent fraud. The Spread Betting Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Spread Betting Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.

Are online stock brokers safe?

If you are able to bet the market by 5% and you have large amounts to bet, these companies will be standing in line to place your bets, but for obvious reasons, we cannot mention them here. AsianConnect prides itself on offering competitive odds and an intuitive interface that simplifies bet placement across an extensive range of sports. These include football, basketball, tennis, baseball, American football, ice hockey, cricket, rugby, boxing, and MMA — catering to diverse betting preferences. BetInAsia operates discreetly and professionally, with a smart, sleek website.

• In this example, spread betting allowed us to capitalize on market movements with a relatively small initial investment, magnifying both potential gains and losses.
• With its growing fanbase, bettors can explore various betting opportunities across leagues and tournaments.
• So the only cost of placing this trade (£3 x 0.8) is the £2.40 spread.
• The website of SBO looks nice – it has the classic bookmaker look.
• AsianConnect prides itself on offering competitive odds and an intuitive interface that simplifies bet placement across an extensive range of sports.
• Public also provides users the option to voluntarily tip to support its mission of offering commission-free trades without accepting any payment for order flow (PFOF).
• Spread betting is a form of speculation that allows you to bet on the price movement of a wide range of financial markets, including stocks, indices, commodities, and currencies.
• The lowest spread brokers will help you in your quest for success.
• When choosing between different betting brokers, look at what each one offers.

Is spread betting legal?

You may need to contact your broker anytime during the day, so you must choose a broker that can deliver remarkably in this regard. Top spread betting brokers will always act quickly and work with you to resolve any issues. Look for competitive spreads and low fees, as these directly impact your potential profits. The range of markets offered is crucial; a good broker should provide a wide array of options, including forex, stocks, and commodities. It is very important to ensure the broker is fully regulated by relevant financial authorities, ensuring your funds’ safety and fair trading practices.

City Index: Best Spread Betting Broker For Trading Signals & Post-Trade Analysis

The other spread betting tool, that is unique to City Index is Performance Analytics. In addition, some sports betting brokers charge a commission (typically a % of the turnover) when using certain bookmakers. A bet broker, also known as a betting brokerage, is a middleman between you and the bookmakers. Some of them have platforms where you have just one account, but where you can place bets with several bookmakers all from the same place.

How Does Spread Betting Work?

You can find spread betting margin terms listed in the brokerage contract. There are diverse types of spreads; however, cash and equity spread betting are the most commonly used. Fast forward a week, and let’s suppose the S&P 500 climbs to 3351. We ‘sell’ our position at the new bid price, ideally around 3350, netting us a 50-point gain.

The Importance Of Tight Spreads In Spread Betting

Instead, spend some time reviewing the books and information provided, becoming familiar with the software used by the broker, and consulting other traders to understand market trends better. XTB is a top choice for traders not just spread betting traders seeking in-depth market analysis, research tools and superior execution speeds on web, desktop and XTB trading mobile app. XTB offer a comprehensive education section for traders of all levels.Best suited for traders who value thorough market analysis and want to improve their trading skills. Over the years, I’ve had my fair share of experiences with different brokers. Some have been fantastic, offering seamless trading experiences, while others have been learning lessons. It’s worth taking the time to research and even test out platforms through demo accounts before committing your capital.

• So you keep monitoring all your open trades, whether you have stop-loss orders or limit orders.
• Select your country of residency below to see which regulated forex brokers will accept you as a new customer for trading forex.
• While bookmakers offer extensive betting markets, including niche sports and special bets, they’re selective about which customers can access them.
• BetInAsia provides clients with access to Asian bookmakers through “BetInAsia BLACK”, powered by Mollybet.
• Markets.com also makes the platform easy to use without having to install software.
• As a rule, this is done by means of online verifications in which you have to upload identification documents or hold them up to the camera.
• BookieLink offers an array of services tailored to both casual bettors and seasoned professionals alike.

Range of Sports

In short, the answer is a simple one, which involves spread betting brokers not having enough experience. Amateur or beginner traders are often guilty of over trading, over leveraging and not cutting their losses or running their profits. However, spread betting is not an easy way to make money, and should not be marketed or promoted as such. Find your most suitable platform with our comparison tables of the best UK spread betting brokers. Explore how many markets they offer, how much it costs to trade major instruments, minimum deposits and what the overnight financing costs are for holding longer-term positions. Sportmarket, a prominent sports betting broker, made its debut in 2004.

• However, remember that all brokers will offer the major index, commodities and FX pairs though.
• Spread betting with City Index provides a convenient way to trade on thousands of financial markets via powerful and versatile trading platforms for all of your devices.
• BetInAsia and Sportmarket also offers cashback and referral bonus to both new and existing users.
• Check for strict local regulation or regulation in a major EU economy like the UK or Germany.
• SportMarket does not use personal limits – in fact it’s the opposite.
• You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
• Yet – still higher than the odds you’ll find with many other bookmakers.

Therefore, choosing a platform that aligns with your trading goals is important. The Spreadex trading platform gives investors access to trade on global shares, indices, FX, commodities and much more via spread bets, CFDs or options. You can access tight spreads, low margins, trade via charts, trailing stops, one-click dealing, market alerts and much more. Spread betting with City Index provides a convenient way to trade on thousands of financial markets via powerful and versatile trading platforms for all of your devices. AvaTrade is committed to providing its traders with the best trading platform and trading tools available. However, do not rely solely on the free information these spread betting brokers offer.

The platform also offers flexibility with stocks, ETFs, crypto and CFDs. While popular for crypto, eToro offers multiple asset classes, including stocks, ETFs, options, cryptocurrencies and CFDs (subject to regulation). While illegal in the United States, spread betting has become quite popular in Europe and betting brokers the United Kingdom. The strategy allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. Here you will find our best spread betting brokers, based on thousands of hours of extensive research, testing and analysis across hundreds of brokers.

What are financial spread bets?

The Forex market has lower margin requirements than other asset classes, which means you can use higher leverage. You will need only 3.33% of the full value of this position in your account to open it. Remember, the higher the stake, the more money you have to deposit. You should always ensure that you have enough free equity in your account to sustain any losses and avoid being placed on a margin call. As we mentioned earlier, leverage can potentially increase your profits and losses, as they are calculated using the full size of your trade—in this case, £113,220—and not just margin.

Spreadex

As a seasoned trader with decades of experience under my belt, I’ve navigated the choppy waters of various markets, honing strategies that balance risk with reward. Today, I’d like to demystify the concept of spread betting through a practical example, leveraging a $10,000 stake to illustrate. In 1974, Wheeler founded IG Index, specifically offering spread betting on gold prices.

Spread Betting Brokers For The Best Leverage & Margin Rates

This means you don’t have to wait for the markets to move one way. You should seek advice if needed before engaging in spread betting, and do extensive online research about how it works and the risks. Access to convenient, prompt and dependable support is key when you’re using short-term trading products like spread betting.

Robinhood is a brokerage platform that offers commission-free trading for stocks, options and cryptocurrencies, making it an excellent choice for cost-conscious investors. It is popular because it’s designed to give the average investor professional-level tools. Webull offers commission-free trading for stocks, options and ETFs, making it an excellent choice for cost-conscious investors who don’t want to reduce their profit margins. It also offers paper trading so you can build your strategy before risking funds and fractional shares so you can hold a small portion in major, high-priced stocks. At Public, stock and ETF trades are commission-free, offering $0 commission trading on self-directed individual cash brokerage accounts that trade U.S. listed securities placed online.

Commission-free trades and fractional shares allow new investors to invest on a budget, making it easy for them to navigate the world of investing. Moomoo provides an intuitive platform with professional tools, making it suitable for traders of all levels. Moomoo is known for commission-free trading and the opportunity to access advanced order types.

If the cashback offer is not applied to your account for any reason, please get in touch with me and I will sort it out with the BetInAsia team for you. Others have very strict requirements on withdrawals, requiring all deposited money to be turned over 10-20x before it can be withdrawn. If you want to bet with the best Euro bookmaker, read our full Bet365 review here. The website of SBO looks nice – it has the classic bookmaker look. However, the website can sometimes be slow to load, so that is the main reason why we place SBO behind Pinnacle.

Bookielink falls behind in the race because of not offering any promotional offers. Yes, duly online brokers like those listed above are insured by the SIPC and are reliable, well-reputed businesses. Consider whether there is a desktop version and how well the app works. Most brokerages offer a free trial or free paper trading so you can compare brokerages firsthand.

That means you don’t have ownership of the underlying security, for example, Apple shares. However, you are still spread betting on how much it will move in price. Spread bettors use leverage so that they can invest less upfront. Of course, you will need to use the same degree of caution as you would on any trading platform.

Alternatively, sign up on the broker SportMarket, where you can also place bets through Betfair, but at a much lower commission. There are hundreds of bookmakers on the international market, if not thousands. Also called a sports betting broker, a betting agent is a middleman between a bettor and a betting site. If a user signs up with a betting site through an affiliate link, we usually earn a commission from the bookmaker, at no extra cost to the player.

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). Additionally, spread betting uses “points” to measure profit and loss — usually denoted as pounds per point — while CFDs rely on actual price movements of the underlying asset.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. The real question is whether you are allowed to use a bet broker according to the laws in your country or state, and that is something you will have to look into yourself. First of all, Bet In Asia has way more options for depositing and withdrawing than most normal brokers.

They offer access to over 10,000 markets and recently Spreadex has reduced spreads across the major assets and still offers access to smaller-cap stocks compared to some of the other providers. They cover the most bookmakers, betting exchanges and sports of all brokers in this article, they cover the most payment methods and they allow free deposits via all payment methods. Most betting brokers make money by having an affiliation with the bookmakers, which means that they receive a commission from the bookmaker when you place a bet through them. There are many brokers on the internet, so pinpointing the best one can be a challenge.