Top Spread Betting App for 2020

We found 11 online brokers that are appropriate for Trading Spread Betting App.

Best Spread Betting App Guide

Spread Betting App

Spread betting is popular worldwide and lately the demand for spread betting apps are on the rise.

The financial market has become quite competitive with spread betting apps as more and more brokers have started offering spread betting platforms to clients. However, it is advised not to have a blind belief that you will get rich when trading on spread betting apps.

Here are some suggestions to follow.

Download a spread betting app only from a reputable broker that is well regulated by a trusted regulatory agency. In the UK, this would be the Financial Conduct Authority.

In addition to this, consider which spread betting app suits your needs. Ask yourself whether you would be comfortable trading with this and read the relevant reviews or test the app before you start trading.

Spread Betting App Features

Look for the features you are looking for and whether the user interface is suited to you. There are plenty of apps in the market. Most of the brokers have their own dedicated apps and insist their clients use them while trading.

Here, in this article, we are going to talk about one of the best spread betting apps which is lately being accepted by more and more traders and they believe it to be the best spread betting app.

The top name is eToro. It is one of the best and most trusted spread betting apps in the industry.

It comes from the regulated brokerage firm with the same name.

Based in Cyprus it has offices in Israel, Australia, China, US and the UK. Etoro was founded by Ronen Assia, Toni Assia and partner David Ring in 2007. Etoro was originally named RetailFX.

eToro is popular among traders but it strictly restricts Islamic traders with respect to spread betting.

It rationalizes that spread betting is haram in Islamic trading due to its betting nature.

Hence, a large number of traders are missing from spread trading as it is a Shariah law compliant platform.

What is Spread Betting

It is the king of speculation and has gained popularity over time as a trader does not own the underlying assets while trading. Through the movement of spread, one can speculate with the aim of making a decent profit.

A trader places a bet on the direction on which he believes the asset will move. So, he is not directly betting on the asset, but on ask and bid price difference, which is known as spread.

It is important to know that bets are typically placed on numerous points a spread is expected to move.

Fast profit is the result of the correct direction and this happens when the market is volatile. However, the strategy is risky.

If the spread is more on the moves within the date or time range, the more a trader can make or lose.

Spread Betting Costs

In the UK and European Union spread betting is tax-free and commission-free.

This is the reason spread betting has become increasingly popular in the country. However, it is not cost-free in most other countries.

Traders who are not from the UK and EU need to be careful regarding the costs.

Also to note that much of the betting is leveraged with the aim to gain high profit. High leverage is a high risk trade and can move towards high loss as well as high profit. Furthermore, profit or loss is also directly reciprocated by market volatility.

It is suggested to avoid spread betting if you are unable to take a risk or there is a lack of knowledge regarding market volatility.

Spread Betting App Verdict

Spread betting is not everyones cup of tea. It is a risky business in the trading industry and suitable only to such investors who are able to face huge losses.

This is the reason it is suggested to deal with only a professional broker and use one of the best spread betting apps available in the industry.

eToro is one of the best brokerage firms in the industry and its offices are in various countries including the UK, USA and Australia.

If one is dealing with eToro, it becomes least important about which app to follow. But if a trader is dealing with other brokers, it is suggested to read the review of the apps or test it before starting to trade.

There are plenty of spread betting apps in the market. Some are good and others are not even worth it.

It is important to check whether the desired features are available and if the comfortability level is up to the mark while using it.

We've collected thousands of datapoints and written a guide to help you find the best Spread Betting App for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best spread betting app below. You can go straight to the broker list here.

Reputable Spread Betting App Checklist

There are a number of important factors to consider when picking an online Spread Betting App trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Spread Betting App.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Spread Betting App of 2020 compared

Here are the top Spread Betting App.

Compare Spread Betting App min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are spread betting app. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more spread betting app that accept spread betting app clients

Broker IC Markets City Index Pepperstone SpreadEx Markets.com IG AvaTrade FXPro phoenixmarkets itrader oinvest
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB), Dubai Financial Services Authority (DFSA) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Southern African Financial Sector Conduct Authority (FSCA)
Min Deposit 200 25 200 1 250 200 250 100 500 215 200
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 60,000+ 14,000+ 10,000+ 10,000+ 10,000+ 239,000+ 200,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4,mac,Android.iPhone/iPad MT4,iOS,MacBook,iPhone MT4,iOS,MacBook,iPhone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
cityindex
Sign Up with
pepperstone
Sign Up with
spreadex
Sign Up with
marketscom
Sign Up with
ig
Sign Up with
avatrade
Sign Up with
fxpro
Sign Up with
phoenixmarkets
Sign Up with
etfinance
Sign Up with
oinvest
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Losses can exceed deposits 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. 79% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk Your capital is at risk Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. Your capital is at risk
Demo IC Markets
Demo
City Index
Demo
Pepperstone
Demo
SpreadEx
Demo
Markets.com
Demo
IG
Demo
AvaTrade
Demo
FXPro
Demo
Phoenix Markets
Demo
ETFinance
Demo
Oinvest
Demo
Excluded Countries AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW BR, KR, IR, IQ, SY, JP, US US, TR RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, BE, FR, IN, IL, PL, ZW BE, BR, KP, NZ, TR, US, CA, SG US, IR, CA BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US UK,US

All Spread betting app in more detail

You can compare Spread Betting App ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Spread Betting App for 2020 article further below. You can see it now by clicking here

We have listed top Spread betting app below.

Spread Betting App List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
IG
(3/5)
Min deposit : 200
IG was established in 1974 and is used by over 239000+ traders. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 offers Forex, CFDs, Spread Betting, Share dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
AvaTrade
(3/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
FXPro
(2/5)
Min deposit : 100
FXPro was established in 2006 and is used by over 10000+ traders. Your capital is at risk FXPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB), Dubai Financial Services Authority (DFSA)
phoenixmarkets
(3/5)
Min deposit : 500
Phoenix Markets was established in 2013 and is used by over 10000+ traders. Your capital is at risk Phoenix Markets offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
itrader
(3/5)
Min deposit : 215
ETFinance was established in 2018 and is used by over 10000+ traders. Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. ETFinance offers Forex trading, Spread Betting, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,iOS,MacBook,iPhone

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
oinvest
(3/5)
Min deposit : 200
Oinvest was established in 2019 and is used by over 10000+ traders. Your capital is at risk Oinvest offers Forex trading, Spread Betting, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,iOS,MacBook,iPhone

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Southern African Financial Sector Conduct Authority (FSCA)