Compare Alternative Spread Betting Brokers
|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|
Finspreads started operations in 1999 and after a few years was acquired by IFX, which was itself then acquired by City Index. Finspreads does, however, continue to operate under its own name.
As with so many financial spread betting brokers, this UK spread betting broker only caters to Apple and Android users with their mobile platforms. Finspreads assure clients, ‘Our financial Advantage Web online trading platform and iPhone App have been designed to offer maximum stability and security’. Advantage web is their online browser-based trading platform.
Finspreads offer a wide range of financial spread betting markets which include; UK and international stocks, currencies, commodities, bonds and interest rates.
Finspreads offer three types of account, the standard account and a limited risk one with guaranteed stops, (like Financial Spreads), but where they diverge from other financial spread betting brokers is in their third account, the beginner's account. This differs from a demo account in so much as this uses real money. Obviously, it is intended for investors who are new to spread betting, and as such, they have set an extremely low minimum here of 10p. This account can be used for eight weeks which will let you see how you manage, without spending too much, and is also a good place for more experienced traders to experiment with different styles. (Not all trades are available for this account). Elsewhere the minimum trade is the low sum of 50p with a minimum deposit in your account of £100.
There is also a wide variety of different markets to trade, (like Saxo) including all the FTSE 100 and FTSE 250 companies, Dow Jones and Nasdaq 100, stocks, indices, currencies, bonds, interest rates, commodities and much more.
Their spreads are generally 1 point, but they offer 0.8 pips on EUR/USD. This 1 point spread seems about average, although a spread betting brokers comparison reveals some brokers undercut this by saying they offer 0.2 less, meaning a trade on 0.8. At 1% their margins are low, and ‘powerful’ risk management tools are available to safeguard your investment.
Comparing spread betting brokers proves Finspreads is a good site for beginners to try out with real money, but without too much risk. There is no doubt a demo account is useful, but you are aware it is only virtual money, whereas this is your own hard earned cash – even if it is only pence. They provide guides and teaching experiences on the site and this included a ‘what type of trader are you’ section where various types of trading are explained in a clear and easy to understand manner.