Top Spread Betting Platform for 2020

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

Best Spread Betting Platform Guide

Spread Betting Platforms

Best Spread Betting Platform

A spread betting platform is a trading platform which uses spread bets. It is a common practice in the day trading activity and comes with high volatility and liquidity. The high risk high reward is an enormous factor here.

For those who are fond of speculating on the financial markets, spread betting platforms is worth investigating.

Spread betting definition

Spread betting is a trading technique which allows traders to access numerous markets around the world through one single broker. So, as a trader, you will have only one door to follow all of these markets.

Such financial markets as Forex, equities, commodities, bonds, ETFs, futures, options, as well as cryptocurrencies.

It is important to know that traders do not necessarily own all of the financial products. They simply underlie the asset they are trading. You will speculate whether the price will rise or fall.

It is not exaggerating to say that some people call this gambling. This is not 100% true.

In many countries, this financial instrument is fully regulated by the official financial authorizations. If you are living in the country which its authority allows the spread betting, you will not feel guilty when trading using this instrument.

For those who are used to day trading, they will agree that spread betting is not gambling at all. In fact, spread betting actions are pretty much similar with the day trading stocks.

How does spread betting work?

Here is what makes spread betting different from gambling. You do not bet here, at all. Instead, you will trade. And once your spread betting is opened, you will hold your current position to wait for the opportunities to rise.

If you are working with the right spread betting firms, they will give you a prediction or spread of where they would suggest that the closure happens in a specific time. Of course, you will be able to combine this information with the other trustworthy sources to make you more informed to make a good decision. You will trade on the accuracy of the estimation.

If you think that the prediction is too low, you need to conduct the purchase. Meanwhile, you can sell if you think the spread is higher.

Why spread betting?

You might have some questions as to why many traders use spread betting to trade.

First thing we would like to highlight is the perk of spread betting being tax-free. The results you get from the day trading spread betting are tax-free. You do not even need to worry about the stamp duty.

The spread betting is also a great choice for people with low capital in their bank. Gone are the days when only investors with large capital are able to trade. Now, you can start trading with the spread betting without the large capital. Every individual has the same opportunity to gain with the same exposure.

Spread betting does not come with complicated regulation. As we know, one of the most challenging aspects that prevent traders from getting rich is the complicated government regulation in trading. But you will not need to worry about it.

In fact, the spread betting is already regulated in many countries around the world. The regulation also keeps you safe from the scammers and fraudsters. Those parties will not easily get the license and permission to operate in your country unless they meet all of the terms.

Spread betting is worldwide. You will not be limited at your own location. There are many markets that you can choose from stocks, forex, to even cryptocurrencies.

The spread betting platforms offer 24 hours a day service. So, no matter where you are, the location and time difference will be the least things to worry about.

The spread betting is also commission free. Instead, the costs are already included on the bet.

The risks

As you know the advantages of spread betting, it is important to consider the risks as well.

The last thing you want is to regret choosing spread betting. You must understand the underlying risks of the instrument.

There are few risks such as loss potential, addiction, emotional aspects, expensive bid-offer spreads, legality, and so on.

Spread betting in some countries is restricted. If you are not so sure about this activity, it does not hurt to ask the authority if it is legal in your country or not.

How to start the spread betting

Before trading, you will want to have a good foundation of knowledge first.

First things first, you will want to choose the right broker for your spread betting activity. The broker will be your first door to the markets. It is also where you can create your trading account.

A trustworthy broker will facilitate your trades. Their platform is where you will sit tight and conduct the serious transactions on a daily basis. However, it can be challenging to choose the best broker for you.

You will want to consider some factors like the service price, requirements, features, available markets, customer support,regulation, as well as other offers. Brokers with a good reputation should be on your radar.

Jot down the list of the brokers in your country and compare each variable between them. It will help you narrow down the list and eventually the right broker for you.

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

Reputable Spread Betting Platform Checklist

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

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

Top 15 Spread Betting Platform of 2020 compared

Here are the top Spread Betting Platform.

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

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

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

Broker IC Markets Pepperstone City Index Markets.com AvaTrade SpreadEx FXPro phoenixmarkets itrader oinvest ezinvest
Rating
Regulation Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), 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), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) 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) Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 200 25 250 250 1 100 500 215 200 500
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+ 10,000+ 14,000+ 10,000+ 200,000+ 10,000+ 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
  • Offers STP
  • 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
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • 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
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard 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
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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps 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
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
pepperstone
Sign Up with
cityindex
Sign Up with
marketscom
Sign Up with
avatrade
Sign Up with
spreadex
Sign Up with
fxpro
Sign Up with
phoenixmarkets
Sign Up with
etfinance
Sign Up with
oinvest
Sign Up with
ezinvest
Risk Warning Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 74% of retail investor accounts lose money when trading CFDs with this provider 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% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 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 Your capital is at risk
Demo IC Markets
Demo
Pepperstone
Demo
City Index
Demo
Markets.com
Demo
AvaTrade
Demo
SpreadEx
Demo
FXPro
Demo
Phoenix Markets
Demo
ETFinance
Demo
Oinvest
Demo
EZINVEST
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 BR, KR, IR, IQ, SY, JP, US 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 RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR BE, BR, KP, NZ, TR, US, CA, SG US, TR US, IR, CA 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

All Spread betting platform in more detail

You can compare Spread Betting Platform 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 Platform for 2020 article further below. You can see it now by clicking here

We have listed top Spread betting platform below.

Spread Betting Platform 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 Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
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. 78.6% 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 Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 74% 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 Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
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 Investment Commission (ASIC)
AvaTrade
(4/5)
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 Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
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)
FXPro
(3/5)
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)
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)