It often tops the charts in terms of customer service ratings, and this could be particularly useful if you are new to trading or spread betting. The firm’s global expansion plans bring new users a chance to enjoy the quality and service that the firm is known for. It has extended its product offering to include spread bets, which will be welcomed by many in the trading community. The firm has an established reputation as one of the best CFD brokers. PepperstoneĪ relatively new entrant into the spread betting space is Pepperstone. There are, however, subtle differences between the brokers, and you would do well to start by considering these top five spread betting brokers. If you are UK domiciled and make a profit, then your return will be treated more advantageously in terms of taxation codes.īeing in direct control of your account means that trading in the markets is as easy as clicking a button. What makes these accounts different is that they allow you to allocate some of your cash pile to assets such as equities, indices and forex.

On top of that, when you register for an account, you will generate your own confidential username and password so that only you have control of your funds. This means that the firms have to comply with strict rules and regulations relating to client care.Īny cash held in your account (up to £85,000) is also protected by the Financial Services Compensation Scheme ( FSCS), in the same way that funds in high street banks are protected.

Core Spreads – a refreshingly simple and user-friendly approach to spread bettingĪll of the brokers offer the security of being authorised and regulated by the UK’s Financial Conduct Authority ( FCA).

FXPro – packed full of some of the best trading tools in the market.

IG – a truly multi-asset broker, offering over 16,000 markets and all the tools you need to trade them.

City Index – front-to-back set-up designed to support those new to trading.

Pepperstone – a choice of three top-grade platforms and award-winning customer service.

This review considers five of the best platforms and why they might be a good fit for you. The popularity of spread bets stems from the potential tax advantages that come with using them to trade. Spread betting the markets uses the same functionality as other approaches such as CFD trading. New entrants into the sector and increased competition among brokers is also feeding through as improved terms for traders. Trading the financial markets using spread betting platforms is getting easier and easier to do.

Online spread betting