Finally, real-time market data is essential for the best online trading brokers. You can access real-time quotes, market indexes, breaking news and in-depth charts to act quickly on market-moving information. As Cobra Trading advertises on its homepage, it can help you strike first, like a cobra, on trades. Cobra Trading is known for sophisticated trading tools and exceptional support to competitive day traders. As we mentioned earlier, leverage can potentially increase your profits and losses, as they are calculated using the full size of your trade—in this case, £113,220—and not just margin.

Best Spread Betting Platforms and Brokers 2025

By spreading stakes across multiple bookmakers and exchanges, the platform ensures market stability and reduces the impact of large stakes. Sportmarket earns exclusively from small commissions paid by bookmakers, regardless of whether players win or lose, ensuring there is no reluctance to pay out winnings. When betting on sports, it helps to know how betting brokers and traditional bookmakers differ. You can compare odds and place bets easily, often with extras like live game streaming and personal account help. Betting agents (or brokers – it’s the same thing) act as middlemen in online betting, linking bettors with bookmakers.

Is spread betting taxable?

Betting agents can be categorised based on the type of sport they provide brokerage services. With accessibility in mind, BET-IBC’s website is available in an impressive 31 languages, featuring a crisp and user-friendly interface. Optimized for mobile devices, it serves as an ideal tool for users on the go.

Spread Betting Brokers Explained

Of course, my losses will also be magnified so risk management is essential, with tools like stop-loss and take-profit orders popular with spread bettors. They cover the most bookmakers, betting exchanges and sports of all brokers in this article, they cover the most payment methods and they allow free deposits via all payment methods. However, some betting brokers charge an additional fee to the bettor (you), if the commission they receive from the bookmakers is very low. Finally, brokers are useful because they give you great service.

Exclusive offers

• Our comparison tool allows you to compare the essential features side by side.
• Rather than keeping track of multiple bookmaker and betting exchange accounts, simplify things by operating them all through a single brokerage account.
• Explore the site’s extensive library of videos, webinars and robust tools to power your trading experience.
• Spread betting offers tax-free profits in some countries, while CFDs may provide more flexibility in trading without expiration dates.
• The Spreadex trading platform gives investors access to trade on global shares, indices, FX, commodities and much more via spread bets, CFDs or options.
• Understanding these differences can help you make smarter betting choices and possibly win more money.
• When selecting a Betfair betting broker, consider factors such as deposit and withdrawal fees, commissions, country restrictions, supported payment methods, and bet limits.
• Another top rated Spread Betting broker Roboforex offersForex, CFDs.

You should ensure that you have excess funds in your account here, however, in case the situation goes against you and your margin decreases. Please note here that since this is a daily-funded trade, you will be charged a small overnight funding fee if you keep your position open overnight. As you initially bought the UK 100, you would need to sell it at £8,012.62 to close the position, giving you a 60-point return. ewallet review In this scenario, the selling price of the UK 100 is £7,952.62, and the buy price is £7,953.82, so the spread is 1.2 points (£7,952.62 – £7,953.82). These tools don’t need to help you protect yourself from loss, but these benefits prove useful in achieving the goal. You should understand that a stake of £10 means that you will win or lose £10 for every point that the market rises or falls in your favor.

How to bet on stocks: examples

Financial regulation prevents the spread of betting brokers from withdrawing traders’ money or using it for the firm’s operational expenses. The best Forex spread betting brokers will take extreme care to ensure your money is safe. Regulation protects clients’ funds from the broker becoming insolvent. Spread-betting brokers must try to make trading safe for clients and dealers. It couldn’t be a list of the brokers for spread betting without including Spreadex.

Best Spread Betting Platforms: January 2025

• Had the market moved against us, dropping 50 points instead, we’d be facing a $5,000 loss, eroding half of our stake.
• You can expect a smooth experience and it is one of the fastest-growing betting brokerages out there.
• You can find out all the information in the descriptions of each bookmaker and exchange below.
• With many accolades to its name, CityIndex offers one of the most sophisticated trading platforms.
• Spread betting on gold presented a more approachable alternative, allowing individuals to speculate on gold prices without the need to physically purchase the commodity.
• The type of your trading account determines Vantage FX spreads.
• Commodities are also competitive, with the spot market for gold trading at an average of 0.3 points.

IC Markets order matching engine processed over 500,000 trades per day on average, (60% from automated systems). Start your search for the best spread betting brokers by identifying which options are available in your jurisdiction. Prioritize platforms that offer local support hours so you can get assistance if there’s an issue with your account. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

Modern Spread Betting Trading Platforms

In this guide I’ve put together the best spread betting companies operating in the UK. If you’re a baseball enthusiast, we offer access to the most popular baseball leagues across the globe. With the rising popularity of baseball betting, now is the perfect time to get involved.

Minimum Deposit, Withdrawal and Bet Limits

• As noted above, it’s not available to U.S. traders, likely because many of the instruments that Pepperstone offers, such as CFDs and spread betting, aren’t legal in the United States anyway.
• Here, beginner traders can use a demo trading account to test their strategies in real market conditions.
• And be very aware of the addictive nature of betting in general, which usually takes more than it gives over time.
• Webull’s offerings include technical indicators, charting tools and real-time market data.
• Pepperstone introduced spread betting in early 2021 with a focus on tight pricing for major instruments and automated trading through the trading platform.
• Whether you’re interested in indices, stocks, commodities, or forex, having a wide array of options is essential for diversifying your portfolio.
• Soccer remains the most popular sport for bettors, with local leagues and international competitions like the EPL being top choices.
• Let’s say you made a profit of £20,000 by selling shares at a higher price, you will have to pay capital gains tax on that amount.

Charles K. McNeil, a math teacher turned securities analyst and bookmaker in 1940s Chicago, is often credited with creating the basic idea of spread betting. McNeil applied his mathematical skills to set up spreads on sports events, allowing bettors to wager on the outcome relative to his set point spread. This is another FCA-regulated broker, and is also covered by other regulators worldwide. The platform is designed to be purpose driven so you aren’t just randomly choosing and betting on spreads.

Deposits

You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Is Spread Betting Gambling?

Due to its many research tools for market analysis, novice investors will have no trouble placing and monitoring trades. To further improve the trading experience, educational tools are also available, such as tutorials, videos, and a test account. They must also keep them all on rotation regularly to ensure they are on top of their portfolio. Although this requires significant effort, the benefits are substantial, allowing the trader to choose the best parts every spread betting broker offers.

Benefits and Limitations of Spread Betting

Traditional bookmakers can be used well when you are building up your bankroll, but eventually, using a bet broker will be a must for serious sports bettors. We check the availability of local payment methods, making sure you can easily deposit and withdraw funds using your preferred method. We also consider app availability and the usability of mobile platforms, so you can bet on the go with ease. Our platform highlights these promotions and provides details on how to claim them, so you can take full advantage of welcome offers designed for new customers. Whether you’re a beginner or an experienced bettor exploring new bookmakers, we make it easy to find the deals that suit your betting style. However, they run promos (to get new players to sign up), which smart bettors, such as matched bettors, take advantage of.

For this, select the ‘Closed Status’ option in the status window. Upon closing the trade, your net open profits and losses will be realized and immediately reflected in the cash balance of your account. Every movement in the market has a direct impact on your profits and losses.

How profitable is spread betting?

In addition, some sports betting brokers charge a commission (typically a % of the turnover) when using certain bookmakers. Rather than opening multiple bookmaker accounts directly, you can use a betting brokerage service to access these bookmakers. Among licensed bookmakers, Hollywoodbets is especially popular, offering diverse betting options and a user-friendly platform. Other notable operators include Betway South Africa, Sportingbet, and World Sports Betting, each providing competitive odds, promotions, and adherence to local regulations. These platforms contribute to a thriving and responsible betting culture while aligning with South Africa’s robust regulatory framework.

• Many brokers also provide access to multiple bookies for added convenience.
• The platform covers a diverse array of sports, including football, basketball, tennis, horse racing, and more, with support for multiple languages and currencies, ensuring ease of use.
• Cricket is the second most-watched sport in the world, with matches being played year-round.
• It allows you to place trades that will only pay off if the market moves in your favour.
• Along with this, we also use a take-profit order at 1.1033, which will automatically close the position if it earns a profit of 130 points.
• Spread betting is where you can place speculative bets on how the price of a financial instrument will move up or down.
• The comprehensive trading platform gives you access to a massive range of securities worldwide, including access to 150 global markets.

Supported Sports

Yes, many online brokers allow you to set up automatic transfers and investment schedules, making it easy to automate your investing strategy. The importance of customer service and support is essential when you need it. For that, you can check customer reviews and ratings on sites like the Better Business Bureau and TrustPilot. You also can choose to short-sell stocks without additional interest fees on borrowings. However, the availability of this feature is subject to change.

Risk Management Via Limits And Stops

Take the time to consider what features matter most to you – whether it’s educational resources, low costs or platform simplicity. Match your preferences to a broker that suits your style and can give you a frictionless trading experience. And be very aware of the addictive nature of betting in general, which usually takes more than it gives over time.

BetInAsia

Winners are welcomed to continue using their platform, also benefiting from efficient services and reliable support. Complementing their advanced betting solutions, BookieLink provides a suite of tools designed for optimal account management, precise bet tracking, and real-time market insights. These tools are made to ensure a fluid and efficient betting experience, reflecting BookieLink’s commitment to meeting the diverse needs of their clientele.

Opt for Spread Betting Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. When choosing a broker for spread betting trading, it’s essential to compare the different options available to you. Our spread betting brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice. Another way spread betting firms earn money is by taking market positions in contrast to specific trades, including potential client trades.

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Access to convenient, prompt and dependable support is key when you’re using short-term trading products like spread betting. It’s also an important safety cushion for beginners who typically need more support getting started. Choose a broker with fast and reliable order execution – these are crucial for fast-paced trading styles like spread betting.

They let bettors place all their bets with different bookmakers, all from a single betting agent account. Plus, bettors don’t need to deposit money into different bookmaker accounts. One of the big reasons why so many bettors use betting agents is because they always offer good odds and let bettors place bigger bets. Online betting agents and brokers enhance your betting experience, providing access to better odds and enhanced services. Explore our list of the best bet brokers for 2023, featuring seasoned professionals with valid licenses. Whether you’re a bettor or aspiring to become a broker, opportunities abound in the realm of betting agents.

In 1974, Wheeler founded IG Index, specifically offering spread betting on gold prices. At that time, investing in gold was largely inaccessible for the average person due to the high costs and complexity involved. Spread betting on gold presented a more approachable alternative, allowing individuals to speculate on gold prices without the need to physically purchase the commodity. Like most trading strategies, spread betting can be profitable but risky. Your success depends on how thoroughly you research the market, your risk management capabilities and whether you get any lucky breaks.

Also called a sports betting broker, a betting agent is a middleman between a bettor and a betting site. Opening an account with a betting broker is as straightforward as with any online bookmaker. Choose an agent, open an account online or via a call, deposit funds (usually around 100 currency units), and you’re good to go.

Many have minimum deposit limits of €100 and minimum bet limits of €5 or more. Different bet agents cover different bookmakers and betting exchanges. Make sure you are happy with the supported bookmakers before you sign up to a broker.

Ultimately, before entering the market, it is important to consider how you will manage your risk. As we mentioned above, spread betting is a high-risk trade with the potential to lose more than the money you initially invested. This is because spread betting uses leverage, and leverage amplifies both profits and losses.