Best Spread Betting Brokers 2025
We’ve tested a long row of brokers and selected the best spread betting platforms for reliability, cost, and user experience to help you trade smarter.
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1
AvaTrade is a top spread betting platform offering opportunities on over 1000 stocks, indices, commodities, and currencies, with leverage up to 1:400. The MetaTrader platforms serve experienced traders with advanced charting tools and alerts. The extensive Academy provides excellent education through 18 courses, 150 lessons, 50 quizzes, and a video tutorial on how to spread bet at AvaTrade.
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2
Pepperstone provides over 1200 trading instruments, including forex, indices, commodities, shares, and ETFs. Spreads are very competitive, starting at 0.6 pips for EUR/USD. Spread betting is available on MT4, MT5, cTrader, and TradingView platforms, offering more flexibility than most competitors.
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3
Spreadex is a leading broker in spread betting, offering access to over 10,000 instruments, competing with top firms like IG. It provides valuable spread betting education, including strategies, tips, and analysis. With user-friendly TradingView charts and advanced order types, it caters to both new and experienced traders.
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4
Trade Nation provides hundreds of instruments through spread bets, lagging behind top competitors like CMC Markets (12,000+) and Spreadex (10,000+). The TN Trader platform is excellent for beginners due to its simple fixed-spread model. However, having only one platform for spread betting makes the broker more limited compared to most competitors.
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5
Vantage offers commission-free trading on forex, indices, and precious metals. It covers 15 indices, including rare ones like the VIX and Bovespa, making it ideal for experienced traders. Vantage is among the few brokers providing an unlimited demo account for ongoing strategy practice.
Spread Betting Broker Comparison
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $300$100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | ✓ | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | USD, EUR, GBP, CAD, AUD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $0 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro) | ✓ | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✗ | £0 | £0.01 | 1:30 | ✗ | FCA | Forex, CFDs, Indices, Commodities, Stocks, Crypto, Bonds, Interest Rates, ETFs, Options, Spread Betting | Spreadex Platform, TradingView | USD, EUR, GBP, CAD, CHF | ✗ | ✗ | ✗ | |
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✓ | ✓ | $0 | 0.1 Lots | 1:500 (entity dependent) | ✓ | FCA, ASIC, FSCA, SCB, FSA | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) | MT4 | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $50 | 0.01 Lots | 1:500 | ✓ | FCA, ASIC, FSCA, VFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting | ProTrader, MT4, MT5, TradingView, DupliTrade | USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Spread Betting Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Spread Betting Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Spread Betting Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
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✗ | £0 | £0.01 | ✗ | ✗ | ||
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✓ | $0 | 0.1 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 Lots | ✗ | ✓ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Spread Betting Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✓ | 1:30 (Retail), 1:500 (Pro) | ✓ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✓ | 1:30 | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | ✗ | ✗ | 1:500 (entity dependent) | ✗ | ✗ |
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Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Spread Betting Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 2.7% | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✓ | ✗ | ✓ | ✓ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Spread Betting Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Spread Betting Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
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✓ | $0 | 0.02 | 0.1 | BTC 30, ETH 0 | |
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✗ | £0 | 0.15% | 0.6 | 1 - 140 pips | |
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✓ | $0 | Variable | Variable | Fixed | |
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✗ | $0 | 0.01 | 0.0 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Spread Betting Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Vantage |
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| Pepperstone |
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| AvaTrade |
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| Spreadex |
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Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
Cons
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
Why Trade With Pepperstone?
Pepperstone is a leading choice for trading with low spreads, quick execution, and advanced charting for experienced traders. New traders benefit from no minimum deposit, a wealth of educational resources, and 24/7 support. Operating under ASIC regulation, Pepperstone is a top option for Australian traders and won DayTrading.com's 'Best Aus Broker' award for 2025.
Pros
- Pepperstone is a low-cost broker, ideal for serious traders. The Razor account offers spreads from 0.0, with rebates up to 30% for indices and commodities, and $3 per lot for forex through the Active Trader program.
- Pepperstone now offers spread betting via TradingView, enabling tax-efficient trading with sophisticated analysis tools.
- Pepperstone has won several annual DayTrading.com awards, including 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner-up in 2025.
Cons
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
- Pepperstone does not support cTrader Copy, a popular feature in the cTrader platform available at alternatives like IC Markets, though it has launched an intuitive copy trading app.
- Despite market improvements, the crypto options provided are fewer compared to other brokers like eToro, with no chance to buy actual coins.
Why Trade With Spreadex?
Spreadex is fitting for UK traders intrigued by spread betting on financial markets and placing conventional sports bets. Charges are minimal for short trades and gains from spread bets are tax-exempt. There's an effective proprietary charting platform available, and no deposit is needed to begin.
Pros
- Traders can wager on sports events through their brokerage account.
- New account promotions, such as improved odds and matched betting offers, are available.
- The platform offers numerous trading signals, analytical tools, and risk management features, like guaranteed stops.
Cons
- Third-party digital wallets are not accepted for transactions.
- The platform does not support advanced advisors or other trading software.
- The proprietary terminal doesn't have the extensive charting features found in platforms such as MT4 and MT5.
Why Trade With Trade Nation?
Trade Nation is a suitable platform for new traders, offering diverse financial markets in a user-friendly environment. It has no minimum deposit requirement, provides free funding options, and robust educational resources.
Pros
- Trade a variety of investments using leveraged CFDs for buying and selling opportunities.
- The trading company provides narrow spreads and clear pricing.
- The brand offers a variety of trading platforms and apps, like MT4, suitable for skilled traders.
Cons
- Lower legal safeguards with overseas businesses.
Why Trade With Vantage?
Vantage is a solid choice for CFD traders looking for a strictly-controlled broker that offers the dependable MetaTrader platforms. The registration process is swift and there’s a $50 minimum deposit, making it easy for traders to start quickly.
Pros
- There's a great suite of trading software available, including the acclaimed platforms MT4 and MT5.
- The broker has recently enhanced its CFD offerings, enabling more trading opportunities.
- Vantage has a high trust score due to its impressive reputation and robust regulations from FCA and ASIC.
Cons
- To enjoy optimal trading conditions, a significant deposit of $10,000 is required. These conditions include a commission fee of $1.50 per side.
- Test results show that average transaction speeds of 100ms-250ms are slower than other trading options.
- Unfortunately, some customers may have to sign up with an offshore company, providing less regulation protection.
Filters
Methodology
We compiled our toplist after evaluating the areas that are the most important for spread betting:
- Regulation: Only trusted, well-regulated brokers for secure spread betting.
- Low Costs: Narrow spreads, low commissions, and transparent fees.
- Platforms: Easy-to-use tools with great charting and mobile options.
- Market Range: Diverse spread betting options across assets like forex, stocks, and commodities.
- Leverage: Adjustable leverage and safety measures like negative balance protection.
- Education: Free tutorials, guides, and demo accounts for spread bettors.
- Support: Fast, reliable help via live chat, phone, and email.
What to Look for in a Spread Betting Broker
Choosing the right broker is critical to your success as a spread bettor. Here are the key factors you should prioritise when making your decision:
Regulation and Safety
Your first consideration should always be regulation. A regulated broker ensures your funds are protected and your trades are executed fairly.
Look for brokers authorised by reputable regulatory bodies like the UK’s Financial Conduct Authority (FCA). These regulators enforce strict standards, including client fund segregation and transparency, safeguarding your trading experience.
Trade Nation is a highly trusted spread betting broker, authorised by the FCA and offering over 1,000 markets.
Trading Costs
Spread betting brokers make money primarily through spreads, which are the difference between the buy and sell price. Narrow spreads mean lower costs for you, so it’s worth comparing brokers to find competitive pricing.
Additionally, check for:
- Commissions: While many spread betting brokers we’ve tested are commission-free, some may charge a small fee on specific trades.
- Overnight Fees, also called “swap” or “rollover” fees, apply if you keep positions open overnight. To avoid surprises, look for brokers with transparent and reasonable fees.
Pepperstone stands out as a low-cost broker for spread betting, while also keeping additional fees like inactivity charges and transfer costs to a minimum.
Platform Features
I know from personal experience that a good platform can make or break your trading experience. Look for:
- Ease of Use: Intuitive navigation and a clean layout are crucial, especially for beginners.
- Charting Tools: Advanced charting capabilities, indicators, and drawing tools can help you analyse the markets effectively.
- Order Types: Ensure the platform supports features like stop-loss and take-profit orders to manage your risk.
- Mobile Compatibility: A robust mobile app is a must if you prefer spread betting on the go.
I really enjoy using the platform from IG. The simple design will appeal to beginners through to advanced traders, while it still delivers in the charting and tooling department so you can analyse various spread betting markets.
IG – Spread Betting Platform
Range of Markets
One of the advantages of spread betting is the ability to trade various markets from a single account. Ensure your broker offers a diverse selection, such as:
- Stock indices
- Individual shares
- Forex
- Commodities
- Cryptocurrencies
A broader range of markets gives you more opportunities to diversify your trading.
CMC Markets has among the best selection of spread betting assets we’ve seen, offering over 12,000 underlying assets, covering currencies, indices, commodities, stocks, ETFs, and bonds.
Leverage Options
Leverage is a double-edged sword. While it can amplify your gains, it can also increase your losses. A good broker will offer adjustable leverage options, allowing you to choose a comfortable level.
Equally important are risk management tools, such as:
- Negative balance protection (to ensure you don’t lose more than your deposit).
- Guaranteed stop-loss orders (to cap your potential losses).
Spreadex offers leverage trading with clear margin requirements and provides negative balance protection so you can’t lose more than your deposit.
Educational Resources
Educational resources can be a game-changer if you’re new to spread betting. Look for brokers that offer:
- Free webinars and tutorials.
- Comprehensive guides.
- Demo accounts for practice without risking real money.
These resources help you build confidence and improve your trading skills.
AvaTrade boasts a complete education centre, featuring videos, eBooks, tutorials, glossaries, and more, helping to upskill new spread bettors.
Customer Support
Responsive customer support can save you from unnecessary headaches. Choose a broker with:
- Multiple support channels (live chat, phone, email).
- Availability during trading hours, or even better, 24/7 support.
- Knowledgeable representatives who can assist with technical issues and account queries.
The customer service at Vantage is excellent based on our multiple interactions over the years, with 24/7 assistance via live chat, email or telephone and response times of less than one minute.
Tips for Choosing the Right Broker
With so many spread betting brokers available, selecting the right one for you can feel overwhelming. Here’s how to simplify the process and make a choice that suits your trading style and goals:
Are You a Beginner or an Experienced Trader?
- If you’re a beginner, look for brokers that offer user-friendly platforms, educational resources, and demo accounts.
- Experienced traders may prefer platforms with advanced charting tools, APIs for algorithmic trading, and customisable features.
What Markets Do You Want to Trade?
- If you’re keen on a specific asset class (e.g., forex, indices, or commodities), ensure the broker offers a robust selection.
- For diversification, choose a broker with a wide range of markets.
Do You Trade Frequently or Hold Positions Long-Term?
- Frequent traders benefit from brokers with low spreads and commissions.
- If you hold positions overnight, pay attention to swap fees and ensure they’re competitive.
What’s Your Risk Appetite?
- If you’re conservative, prioritise brokers with extensive risk management tools like guaranteed stop-loss orders and adjustable leverage.
- High-risk traders might focus on brokers offering higher leverage limits, keeping in mind the risks involved.
What is Spread Betting?
Spread betting is a unique form of trading that lets you bet on the price movement of an asset, whether it’s going up or down. Instead of buying or selling the asset, you simply speculate on its direction.
Your profit (or loss) depends on how far the price moves in your favour (or against you).
The beauty of spread betting lies in its flexibility. It’s leveraged, meaning you can control a larger position with a smaller deposit, and it’s tax-free* in some regions, including the UK.
But as with any leveraged product, there’s risk involved, so it’s essential to choose a reliable broker to support you every step of the way.
*Tax laws depend on individual circumstances and are subject to change.