What is Spread Betting?
- Spread Betting Companies usually offer to bet across multiple asset classes and including forex, even with Cryptocurrencies, commodities, indices, and shares. Registration Spread Betting.
- BizVibe’s largest sports gambling companies list is led by International Game Technology, generating USD 4.69 billion as the largest sports betting company in the world by revenue. The top 3 is then rounded out by GVC Holdings, and Bet365.
- For a detailed coverage of this topic and a more comprehensive list, please take a look at the 15 largest gambling companies in the world. Total revenue in 2019 (in millions of.
A spread which is a range of outcomes between bid and offer price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together an attractive option Spread betting.
It is the biggest event of the year for handle with the USA betting sites as once-a-year bettors join the top sportsbooks to pick a winner. These newbies can bet on the moneyline, the spread, the total points or on some of the myriad of prop bets that be wagered.
It means you speculate on financial markets in the same way as trading derivatives but with no single stake to limit loss. Eventually, you trade without taking any position in the current security, but to create an active market for both sides, respectively the ones who selling and the counterparty is buying. Discover more about Spread Betting Wikipedia.
CFD vs Spread Betting
While CFDs are short-term derivative contracts for the difference you will speculate on the value of the underlying asset. So the concept of trading between CFDs and Spread Betting is different since Spread Betting is just a bet on the direction of price movement. Yet, both share the same point that you just speculate on the movement itself without actually owning the asset itself, also through the use of leverage.
- Spread Betting Companies usually offer to bet across multiple asset classes and including forex, even with Cryptocurrencies, commodities, indices, and shares.
Registration
Spread Betting shows significant growth within the UK for the last years and is regulated speculative trading activity by the local authority FCA. Read more about Why trade with FCA brokers and see its official FCA website to verify licenses. Yet, spread betting concentrated mainly in the UK due to its legal authorization and even a tax break on profits, while many world countries forbid spread betting for various reasons.
- Spread betting should be strongly reviewed and controlled, as a leveraged investment brings both opportunities to significant gains or losses.
Thus, the broker provider should be carefully selected after consideration of all applicable local laws and regulatory statutes. In case the company or broker offers you unauthorized Spread betting possibility, you should not be allured with an attractive opportunity. As in fact, only regulated and authorized trading adheres to safe trading practices and may be classified as a potentially safe investment. Otherwise, you may easily fall under the fraud.
Best Financial Spread Betting Platforms and Brokers in UK
Due to its popularity in the UK, many UK based Brokerages offer Spread Betting option, yet from the company to another platform may feature some differences. That’s why we recommend reading the FCA Handbook to learn more about Spread Betting and choose only reputable firm.
Below you will find a listing of the Best Reviewed Brokers offering Spread Betting also with some narrowed criteria ranked.
- Pepperstone– Best Overall Spread Betting Broker 2020
- City Index– Lowest Spread Spread Betting Broker 2020
- FXTM – Best MT4 Spread Betting Broker 2020
- XM – Best for Beginners Spread Betting Broker 2020
- FXCM– Best for Scalping and EA Trading Spread Betting Broker 2020
The complete List of Financial Spread Betting Brokers in UK
Biggest Online Betting Companies
This is the complete list of regulated brokers that offer a Spread Betting platform available for UK clients.
Broker | Detail | |
---|---|---|
Pepperstone | Max. Leverage: 1:30 | 1:500 Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN | Pepperstone Review |
BDSwiss | Min. Deposit: 100 US$ Trading Platforms: MT4, MT5, BDSwiss Webtrader | BDSwiss Review |
FXTM | Min. Deposit: US$200 Trading Platforms: MT4, MT5 | FXTM Review |
XM | Min. Deposit: US$5 Trading Platforms: MT4, MT5, XM WebTrader | XM Review |
FXCM | Min. Deposit: 50 US$ | 300 GBP Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader | FXCM Review |
City Index | Min. Deposit: 100 GBP Trading Platforms: Advantage Web, AT Pro, MT4 | City Index Review |
Finspreads | Min. Deposit: 50 US$ Trading Platforms: Advantage Web | Finspreads Review |
Nadex | Min. Deposit: 250 US$ Trading Platforms: Nadex Platfrom, NadexGO | Nadex Review |
HYCM | Min. Deposit: 100 US$ Trading Platforms: MT4, MT5 | HYCM Review |
ETX Capital | Min. Deposit: 100 GBP Trading Platforms: TraderPro, MT4 | ETX Capital Review |
Public Sports Betting Companies
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