When choosing a best spread betting brokers uk, it is important to choose one that is regulated by a reputable financial authority. In the UK, this is the Financial Conduct Authority (FCA), while in Ireland, it’s the Central Bank of Ireland. A regulated broker is required to have adequate capital to cover your losses and should adhere to strict trading rules.
Which spread betting company is best?
IG Markets is a well-established, UK-based spread betting broker that is regulated by the FCA. The company offers a number of services, including online trading platforms, CFDs, and forex. IG also provides educational resources and news for its customers. Its customer support team is available around the clock to answer questions via live chat, email, and telephone.
Another highly regarded UK spread betting broker is CMC Markets. The firm was founded in 1983 and is regulated by the FCA, ASIC, and MAS. Traders can trade a wide range of assets, from shares and currencies to metals and cryptocurrencies. CMC Markets has a low minimum deposit requirement, and users can fund their accounts using credit or debit cards.
AvaTrade is a popular global Forex and CFDs broker that has expanded its offering to include spread betting. It is regulated by the FCA and ASIC, and its spreads are competitive, with EUR/USD spreads averaging one pip. AvaTrade also supports a variety of trading strategies and automated systems, and it offers a free demo account for new traders. Customers can choose from over 17,000 tradable markets, including Forex, stocks and commodities, indices, and cryptocurrencies.