Spread betting forex brokers offer access to the foreign exchange market through the tax efficient trading, also known as spread betting on Forex.
What is a forex spread betting broker?
Very simply spread betting forex brokers let you trade forex through spread betting and if you make money you get to keep all your provide and don’t have to pay anything out to the tax man. This is in contrast to CFD trading. Which is very similar to spread betting on forex in that you trade on margin, but profits are still liable for tax. For more information on spread betting brokers, you can compare them all here.
Compare Spread Betting Forex Brokers
Spread betting on forex carries a high level or risk and losses can exceed your deposits. Featured brokers appear first. Learn about how brokers are ranked…
|Featured Spread BettingBroker||What markets can you spread bet on?||How much are the spread betting fees?||CEO Interview||More Info|
|Go long or short and spread bet on more than 17,000 markets with IG, the world’s No.1 provider||Spread bet from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the Germany 30 and FTSE 100, and 0.3 points on Spot Gold.|| Visit IG|
Your capital is at risk. 76% of retail CFD accounts lose money
|Spread bet on the price movements of thousands of financial instruments, including indices, currencies, cryptocurrencies, commodities, shares and treasuries.||Competitive spreads on our spread betting instruments, including major FX pairs from 0.7 points, major indices from 1 point and crude oil from 3 points.|| Visit CMC|
|Spread bet on 150+ instruments across FX, indices, equities, cryptos, energy and commodities, and more, across three, free powerful platforms||Spreads on our MetaTrader 4 and MetaTrader 5 platforms are variable, with prices coming from many providers and sources to ensure you're getting the best price.||Read Tamas Szabo CEO Interview|| Visit Pepperstone |
|Trade one of the widest ranges of spread betting markets including large and small cap shares, indices, forex, commodities, bonds and interest rates.||Spread betting spreads start from just 0.6 pts on EUR/USD, 1pt on UK 100 and 0.4 pts on Gold|| Visit Spreadex |
|Spread Betting with City Index provides a tax-free* way to trade over 8000+ global markets.||Fixed and variable spreads from 0.5 points with benchmark UK financing is LIBOR +/-2.5%||Coming Soon|| Visit City Index |
City Index Reviews
|Trade over 5,000 markets with Profits exempt from both Stamp Duty and Capital Gains tax within the UK.||ETX offer competitive spread betting costs with major FX pairs from 0.6 pips and spreads on major Indices from 1 pt.||Phil Adler CEO Interview||ETX Reviews|
Forex spread betting in the UK
Forex is one of the top ten (if not the) most traded asset class through spread betting forex brokers. Other popular markets traded are Oil, Gold, Indices (like the FTSE, DAX and Dow) along with major shares like Apple, Vodafone and the bank.
Spread betting through forex brokers is particularly popular because forex is so liquid and the prices move 24/5. Thankfully the forex spread betting markets are not officially open on the weekends, but you can trade some indices through brokers like IG.
MT4 spread betting brokers for Forex
As with all spread betting forex brokers, MT4 is one of the most popular platforms. You can compare all MT4 brokers or all forex brokers, but if a spread betting forex broker does not have their own platform they will almost certainly have MT4 for Forex trading.
Best forex spread betting platform in the UK?
There are some very clear contenders for the best spread betting forex broker in the UK. All of which can be found in our spread betting comparison tables. At the Good Broker Guide, we do not include bad spread betting forex brokers so any broker in our comparison tables could potentially be the best spread betting forex brokers.
Best UK forex brokers for beginners
If you are new to forex trading and looking for the UK forex traders for beginners compare them here. It’s not exhaustive, but it will give you a guide as to what a forex broker should offer and what makes them a good place to start your forex trading.
ECN Forex spread betting brokers – who are they and does it matter?
If you don’t know the difference between an ECN Forex spread betting broker, read this article. We highlight what an ECN and STP forex spread betting broker is and whether or not it will actually make a difference to your spread bet trading.
Financial spread betting on Forex
If you want to trade Forex through financial spread betting you’ve come to the right place. We’ve got everything you can need from forex spread betting broker reviews, trading guides, Forex technical analysis, and forex spread betting broker comparison tables.