We found 11 online brokers that are appropriate for Trading Uk Spread Betting.
UK spread betting is slightly different from spread betting than other countries. Primary differences include the levying of capital gains tax and stamp duty. These two charges reduce the net profit and make UK spread betting slightly unique. However, some European countries follow the same policy while other countries do not have such taxes.
It is a derivative product where traders are allowed to trade the price movements of underlying assets like shares, commodities and currencies. Buy or sell position is chosen based on the market, depending on whether the asset price will rise or fall. Traders also choose the pounds per point to stake. If the market price follows the direction of the speculates, traders will be able to earn. The vice versa will happen if the price direction goes against the prediction.
Spread betting is one of the best ways for traders to take active participation in financial markets. Below are some of the advantages:
UK spread betting attracts capital gains tax and stamp duty. However, there are several countries where traders do not require paying such government charges. Hence, spread betting has become popular among many investors lately.
Brokers charge nothing in the name of commission for spread betting. This is another reason why UK spread betting is gaining popularity.
Spread betting uses leverage. This means a relatively small deposit is required to trade a large volume. This is one more important reason among traders opting for spread betting.
Spread betting is traded on rising and falling markets. With the rising market, it goes long and for the falling market, it is like going short.
There is no negative balance in spread betting. This means one cannot lose more than the initial deposit.
Firstly, a trader opens a spread betting position and selects the volume of trade. If the market movement is favorable, the trader can buy. If not, selling is the best option. Let us take a look at an example.
If the price of oil rises, a trader can place a buy with a stake of 2 pounds per point. This means earning of 2 pounds is made for every point that rises in price. Similarly, if the price drops, the loss is 2 pounds for every point of fall.
Experienced traders can make a profit from falling or dropping markets. If it is assumed that the value will fall, a trader can spread bet and sell a market. This enables the trader to profit from the dropping markets. This is very simple to do. Traders simply need to open a trade then sell the market. In financial terms, it is called going short.
Suppose Microsoft is trading at 229 in the United Kingdom. Later, the company announces the pre-tax profits were overstated by 250 million pounds. This means the share price may drop and a trader may go short 5 pounds per point at 229. Within two weeks, if the price falls to 168p due to the lack of confidence among shareholders, the UK spread betting trader simply closes at 168p.
Margined product means investing a small percentage of the total volume of a trade with the rest being borrowed by the broker. This is called leverage. Profits and losses in such settings also get magnified. This is highly risky as the loss may go beyond the initial investment or deposit.
There are thousands of spread bet markets like UK 100, Germany 30 and Wall St in indices. For currency pairs, there are the GBP/EUR, GBP/USD and JPY/USD currency pairs. Share markets include General Electric, Amazon, Microsoft, Google and Rio Tinto. Commodity markets include gold, oil and cocoa. There are still many other options to choose from.
UK spread betting has gained immense popularity lately. It is best for traders who are looking for short term opportunities to make money from financial markets. UK spread betting is also perfect for investors who love making their own decisions in investment. Sometimes, UK spread betting works in diversifying portfolios too, irrespective of being active or passive in financial markets.
However, beginner traders are recommended to avoid impulse trading in UK spread betting. This is because initially, it could be tough to identify the risks. The fact that spread betting requires low investment and can help to achieve magnified profit might cause new traders to be oblivious to the risks. Therefore, we would recommend beginners interested in spread betting to gain more knowledge in the area and understand the market movement well before delving into spread betting.
We have conducted extensive research and analysis on over multiple data points on UK Spread Betting to present you with a comprehensive guide that can help you find the most suitable UK Spread Betting. Below we shortlist what we think are the best uk spread betting after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching UK Spread Betting.
Selecting a reliable and reputable online Uk Spread Betting 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 Uk Spread Betting more confidently.
Selecting the right online Uk Spread Betting 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 uk spread betting trading, it's essential to compare the different options available to you. Our uk spread betting 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 uk spread betting broker that best suits your needs and preferences for uk spread betting. Our uk spread betting broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Uk Spread Betting.
Compare uk spread betting brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a uk spread betting broker, it's crucial to compare several factors to choose the right one for your uk spread betting needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are uk spread betting. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more uk spread betting that accept uk spread betting clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), 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) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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. | 74-89 % 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, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, 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, UY, 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 Uk Spread Betting 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 Uk Spread Betting for 2024 article further below. You can see it now by clicking here
We have listed top Uk spread betting below.
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