We found 11 online brokers that are appropriate for Trading Spread Betting Forex.
Spread betting Forex is gaining momentum today. More beginners are beginning to show interest in spread betting Forex to build up wealth. Indeed, it is one of the best ways to earn a regular income after getting initial exposure and experience in the industry. Also, it requires less capital to earn more profit.
In this article titled Spread Betting Forex, we will discuss its key points and its pros and cons.
Spread betting Forex refers to the speculation of the price movement of currency pairs in the foreign exchange market.
The bet size, the spread of the traded instrument, and trade direction are the three key components in spread betting Forex. Its primary advantage is in allowing traders to utilize leverage while placing a trade.
Spread betting Forex is one of the types of spread betting that involves betting on the price movements of currency pairs in the foreign exchange market. Firstly, two price quotes are offered. One is the bid price while the other is the ask price. The quotation of the bid and ask prices is called a spread. Traders have the choice to decide which to go with. They can also bet if the price of the currency pair is assumed to fall below the bet price or if it is higher than the ask price.
If the spread is narrow, it is more attractive as the transaction cost will be low as well as the cost of both entering and exiting.
As explained above, the three components of spread betting Forex are the size of the bet, direction of the trade and spread of the instrument.
Traders find spread betting Forex an opportunity to make money as they can utilize trade with leverage. Trading with leverage means investing a small portion (margin) of the entire trade volume and borrowing the rest money from the broker or the brokerage firm. The margin is usually 5 to 10 percent. This means about 90 to 95 percent of the capital is borrowed.
Let us now understand how spread betting Forex works through an example. Suppose a broker quotes ask price at 1.0015 and bid price at 1.0010 respectively for currency pair EUR/USD. If it is assumed that the price of euro will go up against USD, traders can bet 0.5 euro for every pip or point the increase takes place above 1.0015. If the rise continues and reaches $1.0025, a profit of 5 euros will be made (0.5 x 10 pips). If the price falls and reaches $1.0005, there will be a loss of 5 euros.
In spread betting Forex, traders are not required to own the currency. All they need is capital in their trading account, and the profit and loss will be reflected. If profit is made, a credit balance will be reflected. If a loss is incurred, there will be a debit balance in the account.
The currency in the trading account will usually be the home currency. For example, in the United Kingdom, the currency in the trading account will be GBP.
Spread betting is the speculation of the market movement direction without owning the underlying asset. Traders place bets on the price movement of the asset based on the two price quotes of the spread betting company. These two price quotes are bid price and ask price. Spread betting is usually promoted as tax-free and no commission is charged for entering and exiting a bet. Traders speculate in bull as well as bear markets where they can make a profit from either.
In discussing spread betting limitations, we will need to understand Margin Calls and Wide Spreads. Both will be discussed below:
This is best for traders who are not familiar with leverage. They can take the entire position without borrowing money from the brokerage firm. This is known as margin calls and only a maximum of 2 percent of the deposit can be risked.
Spread betting firms usually widen the spreads during the market volatility period. Traders trigger stop loss here and also increase the trading costs.
Spread betting Forex is one of the best ways to make money in the foreign exchange market as low capital is required and comparatively, more profit can be earned. The skill needed to build up wealth through spread betting Forex is how one can best speculate the price movement of currency pairs. If perfectly speculated, you will be able to gain lots of profit. However, if the market goes against your speculations, it will mean a loss for you.
Spread betting Forex can be risky for novice traders. Therefore, novice traders are suggested to conduct research to understand how it works and to know the market movement better. Without strong knowledge about the two, it might be difficult to make profits from spread betting Forex.
We have conducted extensive research and analysis on over multiple data points on Spread Betting Forex to present you with a comprehensive guide that can help you find the most suitable Spread Betting Forex. Below we shortlist what we think are the best Spread Betting Forex after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Spread Betting Forex.
Selecting a reliable and reputable online Spread Betting Forex trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Spread Betting Forex more confidently.
Selecting the right online Spread Betting Forex trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Spread Betting Forex trading, it's essential to compare the different options available to you. Our Spread Betting Forex brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Spread Betting Forex broker that best suits your needs and preferences for Spread Betting Forex. Our Spread Betting Forex broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Spread Betting Forex.
Compare Spread Betting Forex brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Spread Betting Forex broker, it's crucial to compare several factors to choose the right one for your Spread Betting Forex needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Spread Betting Forex. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Spread Betting Forex that accept Spread Betting Forex clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 74-83% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Spread Betting Forex 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 Forex for 2025 article further below. You can see it now by clicking here
We have listed top Spread Betting Forex below.
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