Top Spread Betting Brokers for 2021

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

Best Spread Betting Brokers Guide

Updated May 12, 2021

Spread Betting Brokers

Spread betting is considered a revolution among traders and spread betting brokers play important roles in helping traders with the perfect speculation on various trading platforms in the financial markets.

Started in the 1970s in the United Kingdom, spread betting is a unique format of trading facilities in which the risk is directional and available for a wide audience who were earlier not able to take part in major market moves.

Modern Spread Betting

Today, there are several spread betting brokers and with their help you can choose trading in commodities, bonds, cryptocurrencies, equities, Forex currency pairs and cryptocurrencies.

Some of the best spread betting brokers in the industry are those who understand MT4 spread betting (the best spread betting platform) and the financial markets better than most of the experts and experienced traders in the financial market. They can easily guide traders to take a risk, inform you with perfection about the major market moves and help in spread betting tax too.

How to Choose a Spread Betting Broker?

The million-dollar question would arise, how to choose the best spread betting broker for you.

The first thing to take note of here, while selecting from the list of spread betting companies is to check whether it is regulated with a regulatory Financial Conduct

Authority (commonly known as FCA). Regulation means your investment has a level of protected.

Next check whether the broker is using the MT4 spread betting platform. Look for a broker that offers the MT4 spread betting software as it is the most popular and most successful one, used by tens of thousands of traders around the world.

Check your broker has a wide range of investment diversification. This diversifies risk and maximizes your investment opportunities. Make sure your spread betting broker offers MT4 spread betting on a wide range of indices, equities, commodities and Forex.

Is Your Money Safe with Spread Betting?

The best forex spread betting brokers will take extreme care in making sure your money is safe. Regulation protects clients funds from the broker becoming insolvent. All attempts are taken to make trading safe for both clients as well as dealers. Take note here that all of the top spread betting brokers will always act quickly and work with you to resolve any issues.

Spread Betting Brokers Regulation

While choosing for the spread betting brokers it is suggested to check for the proper regulations. Check for strict local regulation or regulation in a major EU economy like the UK or Germany. In the United Kingdom, the Financial Conduct Authority regulates spread better brokers to provide protection to the funds of clients.

Regulated spread betting brokers are required to keep funds of clients separate from their own. This prevents the spread betting brokers from withdrawing the money of traders or using utilizing it for the firm's operational expenses.

Spread betting brokers in the UK are not allowed to offer traders financial advice. They can only advise on a suitable spread bet. So, they cannot recommend either when to liquidate or when to reap a profit.

If spread betting brokers are found offering financial advice, it means they are not following the FCA guidelines.

Spread Betting Brokers & Interest Charges

If you are a long-term trader, you can benefit from leverages that spread betting brokers offer. In a simple definition, it means the brokerage firm lends you capital for trading.

There will be some interest charged on the borrowed capital and it may either be in your favor or else slash down your profit. So, it is suggested to take a deeper look at the interest policy of the spread betting brokers.

Spread Betting Brokers & Market Diversification

The deep knowledge and expertise of spread betting brokers play important roles in maximizing opportunities and diversifying the risk of traders. However, the brokerage firms need to provide spread betting on Forex currency pairs, commodities, equities, indices and more.

While choosing spread betting brokers it is important to check how good they are in their customer service. This is an important factor and the broker or any representative should always be available to serve you. The availability is more required when you quickly need to withdraw from a position or if the trading platform goes down while you are trading.

Spread Betting Brokers Verdict

It is an important step when choosing the best and most professional spread betting brokers in the industry. It is suggested to do some research and compare the tools and educational resources your spread betting brokers are able to offer you. Don't forget to check whether the broker is well regulated by a local regulatory authority. Check out our spread betting broker comparisons further below this guide.

We've collected thousands of datapoints and written a guide to help you find the best Spread Betting Brokers 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 brokers below. You can go straight to the broker list here.

Reputable Spread Betting Brokers Checklist

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

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

Top 15 Spread Betting Brokers of 2021 compared

Here are the top Spread Betting Brokers.

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

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

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

Broker IC Markets AvaTrade Pepperstone SpreadEx Markets.com FXPro phoenixmarkets itrader oinvest ezinvest LCG
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), 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), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Southern African Financial Sector Conduct Authority (FSCA) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA)
Min Deposit 200 250 200 1 250 100 500 215 200 500 100
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 180,000+ 200,000+ 10,000+ 10,000+ 10,000+ 1,866,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • 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
  • 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
  • Allows scalping
  • Offers STP
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic 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
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN 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 Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4,mac,Android.iPhone/iPad MT4,iOS,MacBook,iPhone MT4,iOS,MacBook,iPhone MT4,mac,Android.iPhone/iPad MT4, Web Trader, Tablet & Mobile apps
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
avatrade
Sign Up with
pepperstone
Sign Up with
spreadex
Sign Up with
marketscom
Sign Up with
fxpro
Sign Up with
phoenixmarkets
Sign Up with
etfinance
Sign Up with
oinvest
Sign Up with
ezinvest
Sign Up with
londoncapitalgroup
Risk Warning Losses can exceed deposits 72% 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. 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider 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 Your capital is at risk Your capital is at risk
Demo IC Markets
Demo
AvaTrade
Demo
Pepperstone
Demo
SpreadEx
Demo
Markets.com
Demo
FxPro
Demo
Phoenix Markets
Demo
ETFinance
Demo
Oinvest
Demo
EZINVEST
Demo
London Capital Group
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 BE, BR, KP, NZ, TR, US, CA, SG BR, KR, IR, IQ, SY, JP, US US, TR AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, CA, IR BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US UK,US BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US, CA, NZ, JP, BE

All Spread betting brokers in more detail

You can compare Spread Betting Brokers 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 Brokers for 2021 article further below. You can see it now by clicking here

We have listed top Spread betting brokers below.

Spread Betting Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

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)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% 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

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

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), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
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), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), 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)
FXPro
(3/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider 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)
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)
ezinvest
(3/5)
Min deposit : 500
EZINVEST was established in 2008 and is used by over 10000+ traders. Your capital is at risk EZINVEST 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)
LCG
(3/5)
Min deposit : 100
London Capital Group was established in 1996 and is used by over 10000+ traders. Your capital is at risk London Capital Group 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)