Spread betting is a highly-regulated and high-risk financial product it is not suitable for novice investors. and profits are free of capital gains tax. However, if you’re new to spread betting, but completely understand the risks involved, here are the brokers with the best educational resources and tools to help you get started.

Compare Spread Betting Trading Platforms For Beginners

Trading PlatformActive ClientsMinimum DepositFoundedInactivity FeePLC?Client Loss %More Info

City Index

126,0001001983£12 per month✔️70%Visit City Index
Interactive Brokers1,400,000019770✔️60%Visit IBKR

CMC Markets

308,64401989£10 per month✔️66%Visit CMC Markets
Pepperstone110,00002010079.3%Visit Pepperstone
Saxo Markets525,00001992£25 per quarter70%Visit Saxo Markets


11,0001002008£10 per month77%Visit Markets.com

Spreadex Financials

4,00001999069%Visit Spreadex


313,000£2501974£12 per month✔️73%Visit IG
n/a$502011$5 per month77%Visit FXTM
447,00002002€10 per month✔️77%Visit XTB

Best Spread Betting Brokers for Beginners

City Index

City Index has been providing spread betting to beginners since 1984 and have some great educational tools, trading signals (from SMART Signals) and analysis to improve your trading from Performance Analytics. They are also part of a larger group (StoneX) and well capitalised with a current (May 22) market cap of $1.4 bn.


IG are the biggest spread betting and CFD broker in the world. They are listed on the London Stock Exchange and are currently valued at over £3bn. If you plan on becoming a full-time professional trader or have a very large amount of money to trade, their platform and staff can cater to your needs as your trading progresses. Read our expert and IG client reviews here.


Spreadex are a nice old school broker. Based in St Albans, just outside of London. Helpful staff, excellent customer service and a simple to use platform. Spreadex also has one of the largest market ranges, allowing new traders to experiment with all sorts of trading, from small caps to crypto to fixed income. Plus, you can spread bet on the horses and football at the weekend with their sports spread betting offering. Read our expert and Spreadex client reviews here.

CMC Markets

CMC Markets have an excellent client sentiment indicator so you can see what their profitable spread betting clients are long and short of. Read our full review of CMC Markets here.

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