The best spread betting platform uk is one that lets you speculate on market movements without actually owning the underlying asset. This type of derivative trading can be very profitable, but it’s important to understand that there is a risk involved. This is why choosing the right broker is crucial. Luckily, there are several regulated options that offer low spreads and great customer support.
Which spread betting company is best?
The first thing you’ll want to consider is the amount of assets available on the platform. The best spread betting companies offer a huge range of markets, including shares, indices, and forex. You can also trade bonds, ETFs, commodities, and cryptocurrencies. Some brokers offer more specialized market sectors, such as energy or FTSE 100 stocks.
Another important factor is how fast the platform can execute your trades. This is especially true if you use a stop loss order. In some cases, slow execution can lead to slippage and losses. You’ll want to find a broker that has excellent execution speeds and a robust stop loss protocol.
IG is an established market leader with over 17,000 spread betting markets to choose from. It offers competitive spreads for shares, indices, and forex, with major forex pairs starting at just 0.6 points. The company also boasts a great selection of research tools and educational resources. However, it does charge a EUR10 monthly inactivity fee and lacks a demo account. Spreadex, on the other hand, has no non-trading fees and offers a competitive set of spreads for financial and sports spread betting.
