You can also get a 1.5% cashback on your initial transfer amount up to $300. If traders expect an asset’s price to rise, they have to open a position to ‘buy’ and if they expect an asset’s price to fall, they have to opt to ‘sell’. As the market has moved against you by 36.15 points (1,809.15 – 1,845.30), your total loss for the commodity spread bet would be £1,084.50 (36.15 x £30), plus any funding charges. Once your position is opened, you will see your profit or loss updated in real-time. Let’s say the UK 100 reaches your profit target of £7,950, but you were not tracking the market at this time, so you are unable to exit your position, and the UK 100 falls to £7,600.

Bookmakers

Webull offers a user-centric platform with commission-free trading and a variety of tools to support active traders. It is perfect for intermediate and advanced traders with its intuitive mobile and desktop apps featuring advanced charting and technical analysis tools. The commission-free brokerage platform trades stocks, options, ETFs and cryptocurrencies. Ultimately, before entering the market, it is important to consider how you will manage your risk.

Support

In addition to its brokerage services, BookieLink also provides “CoinPoker,” a poker platform built upon blockchain technology. Utilising USDT as the primary currency and CHP for bonuses, CoinPoker merges the advantages of cryptocurrency with the thrill of poker gaming. Sportmarket holds a merchant account with Paysafe, offering Skrill and Neteller, as well as other popular payment methods like bank transfer, Visa, Mastercard, MuchBetter, and Payz. Deposits are completely free, and the first withdrawal of the month is free for all payment methods. BetInAsia operates discreetly and professionally, with a smart, sleek website. It provides 24/7 customer support via live chat, email, and phone, with dedicated VIP support.

See More Zacks Research for These Tickers

There’s a long list of benefits that come with using a betting agent. For instance, not all bookmakers are allowed to operate in every country, and some countries only allow certain bookmakers. But a betting agent can help bettors reach those bookmakers that they wouldn’t normally be able to use in their country. To enhance the user experience, AsianConnect provides 24/7 customer support, ensuring prompt assistance for any inquiries or issues that may arise. Winners are welcomed to continue using their platform, also benefiting from efficient services and reliable support.

Best Sports Bet Brokers 2025 Top Betting Broker/Agent

The strategy allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider.

Best for Active Investors: Moomoo

• This is because it is legally considered gambling rather than an investment.
• TradeZero is known for some of the lowest commissions in the industry.
• Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments.
• Unlike contracts for difference (CFDs), commissions are not typically charged on spread bets so the primary cost to consider is the spread – the difference between the bid and ask price.
• Let’s review the top spread betting brokers available in the UK.

It’s worth taking the time to research and even test out platforms through demo accounts before committing your capital. Remember, in spread betting, the broker is more than just a platform; it’s your gateway to the markets, so choose wisely. Pepperstone is one of the best spread betting brokers, bar none. The broker offers a low-cost trading environment and is the go-to option for people who want to minimize their fees. Let’s review the top spread betting brokers available in the UK.

Investor Services

The best spread betting brokers do not have to pay interest on customer funds and, resultantly, gain a lot of interest. When customer accounts bear significant interest levels, the increasing deposits can often grow into millions for brokers. Pepperstone offer access to spread betting trading through TradingView, MT5, MT4 and cTrader.

The Importance Of Tight Spreads In Spread Betting

Check for strict local regulation or regulation in a major EU economy like the UK or Germany. The Financial Conduct Authority regulates spread betting brokers to protect clients’ funds in the United Kingdom. Top spread betting brokers will always act quickly and work with you to resolve any issues. In Kenya, sports betting is regulated by the Betting Control and Licensing Board (BCLB) under strict laws that promote responsible gambling. Soccer remains the most popular sport for bettors, with local leagues and international competitions like the EPL being top choices. Of course, you will need to use the same degree of caution as you would on any trading platform.

Customer Service

It provides access to advanced tools and a range of financial instruments. With FxPro, you can choose multiple platforms, including MetaTrader 4 and MetaTrader 5. These add-on tools offer sophisticated charting capabilities and customizable features.

Capital.com – Top Spread Betting Broker for Forex

• The best bet brokers only have market limits – they won’t put any personal limits.
• Additionally, a broker with responsive and knowledgeable customer support is invaluable.
• CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage.
• BookieLink offers an array of services tailored to both casual bettors and seasoned professionals alike.
• Optimistic about the market’s trajectory, we decide to ‘buy’ at the ask price of 3301, wagering $100 per point.
• PremiumTradings is a reputable spread betting broker established by pioneers of online sports betting.

Each platform is regulated by the FCA and can be used by retail (non-professional) traders. Spread betting with City Index provides a convenient way to trade on thousands of financial markets via powerful and versatile trading platforms for all of your devices. In order to start spread betting online, you will need an account with a broker and access to a spread bet platform. There isn’t a great deal of spread betting brokers out there, which is why we have compiled this handy guide to help you discover some of the more established spread betting companies. See our list of the best spread betting brokers to find the trading platform that best meets your individual needs. Odds are updated in real-time — often faster than traditional bookmakers — providing users with a significant edge while deploying their betting strategies.

They can easily guide traders to take a risk, inform you perfectly about the major market moves and help spread betting tax. If you’re into a variety of leveraged instruments like stocks, ETFs, metals, energies, futures, indices, currencies, and commodities. The platform’s user-friendly nature and speedy spread betting execution make it a solid choice for those looking to act on their market insights quickly. With this spread betting broker, you can trade with over 60 different currency pairings.

Compare Key Features of Spread Betting Brokers in Our Brokerage Comparison Table

Explore our list of the best bet brokers for 2023, featuring seasoned professionals with valid licenses. Whether you’re a bettor or aspiring to become a broker, opportunities abound in the realm of betting agents. Robinhood is a brokerage platform that offers commission-free trading for stocks, options and cryptocurrencies, making it an excellent choice for cost-conscious investors.

• Even small differences in odds can make a big difference in how much money you can make.
• EToro is renowned for its crypto offerings but also supports stock, ETF and forex trading.
• Right now, you can earn up to $1,000 or more with a signup bonus and referrals.
• With all these factors covered, our bookmaker reviews provide comprehensive insights to help you choose the best site based on your needs.
• Because of this, investors can use spreads to diversify their portfolios and lower their risk without reducing returns.
• Not every bookie has the same methods, whereby a differentiation must also be made between deposit and withdrawal, as there can be differences here.
• While this can magnify profits, it also increases the potential for losses, which can exceed your initial deposit.
• Find the number of markets the spread betting broker you intend to trade with offers.

Spread betting and taxation

Their platform isn’t the easiest to use, nor the prettiest, but it does have good odds and high limits. At first glance, Premium Tradings looks impressive – but we do need to look into it some more before we can bring a full review. They let you see and pick the best odds from different bookmakers. In addition, BetInAsia users can access the Sharp Exchange, powered by Betfair. From the above-mentioned list of restricted countries, it can be clearly seen that the United States and its minor territories are banned by all the brokerages.

Fast, secure and efficient payment systems, without unnecessary excessive fees, are a very important factor when choosing a betting broker or bookmaker. Payment inconveniences can make the game very difficult and undermine confidence about the operator. For this reason, the best betting brokers offer fast payments, often in real time, through a variety of payment systems.

These include the major e-wallets of Skrill, Neteller, and Payz, along with cryptocurrency, facilitating hassle-free deposits and withdrawals for users. AsianConnect prides itself on offering competitive odds and an intuitive interface that simplifies bet placement across an extensive range of sports. These include football, basketball, tennis, baseball, American football, ice hockey, cricket, rugby, boxing, and MMA — catering to diverse betting preferences.

Financial spread betting, while it also requires understanding market drivers, demands knowledge across a wider range of markets and sectors. Imagine we’re eyeing the S&P 500, currently standing at 3300 points. In spread betting, we deal in points, and the broker provides a bid (sell price) and an ask (buy price) with a slight spread between them. As someone who’s been in the trading world for a good while, I need to lay it out straight for you.

Is spread betting gambling?

• Mostly these are Asian countries, in some of which the word agent is very popular.
• And this is a big but, if the market turns against you, your spread betting losses stack up just as fast, point by painful point.
• You can see the working pattern of stop loss in the above graphical representation.
• These include football, basketball, tennis, baseball, American football, ice hockey, cricket, rugby, boxing, and MMA — catering to diverse betting preferences.
• As you can see in our list, some bet brokers have some country restrictions (much less than bookmakers anyway) This is due to the laws of the license under which the broker operates.
• Whatever difference exists between these price points is known as the Spread, which is why we have the name “spread-betting”.

To become a bet mediator, the minimum requirements include relevant licences, bank statements, and an ID card showing you’re of legal gambling age (18 years or more).

You get access to more sports, can bet more money, and find better odds. They work with (and probably own) Orbit Exchange to give you a reliable betting platform, and their lower commission helps you keep more of your winnings. You can try different betting styles like handicap betting, over/under bets, and prop bets that might be hard to find elsewhere.

IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders. Spread Betting Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers’ services. However, critics point out that this same leverage can amplify losses, potentially exceeding initial investments.

Consumers are protected by Spread Betting Brokers regulation, critical to preventing inadequate services and potential financial harm. Effective customer service is an essential factor to consider when dealing with Spread Betting Brokers. Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Spread Betting Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Spread Betting Brokers. If you are interested in a particular type of spread, you must study your broker’s requirements to meet their margin requirements.

Its dynamic nature and range of betting options make it an exciting addition for punters. Another important factor that proves the usefulness of the broker to the player is the various types of tools available on the platform. Probably every advanced player uses portals, on which you can check the odds for a given event at different bookmakers in order to choose the optimal one. After clicking on the bet we are interested in at the bet broker, we will see a list of odds of all the bookmakers we have selected who have issued lines for this event! This is one example of many improvements that certainly have a positive effect on our betting.

Regulated Spread Betting Brokers lowers your risk of loss of deposited trading funds. IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service. Our team have listed brokers that match your criteria for you below.

BFB247 also covers pretty much any sport and plenty of leagues. Furthermore, it has the maximum number of widely accepted payment methods which are convenient for the users to access any time. In the world of betting, Betfair stands as the largest global betting exchange. It operates as a platform where players engage in risk-free betting against each other. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations.

XTB is a top choice for traders not just spread betting traders seeking in-depth market analysis, research tools and superior execution speeds on web, desktop and XTB trading mobile app. XTB offer a comprehensive education section for traders of all levels.Best suited for traders who value thorough market analysis and want to improve their trading skills. Therefore, choosing a platform that aligns with your trading goals is important. PremiumTradings is a reputable spread betting broker established by pioneers of online sports betting.

Consider customer support quality, as prompt and knowledgeable assistance can be vital. Currency markets can be very volatile, particularly around major economic announcements, which can lead to significant price movements. While financial markets also experience volatility, it can be more diversified across the different assets.

Speculating on the financial markets is no different from making a bet, or gambling. There’s one unique situation where you can almost guarantee that your spread betting trade will make a profit for you. Your spread size is calculated as the sequential lay calculator difference between your buying and selling price. Your potential profit or loss is decided by the degree of ‘points of movement’, just as with stocks and shares. This lets you make bets against or for the market (going short or long).

Stop-loss is an order or instruction to automatically close your position at a certain price. You then need to choose how many pounds you want to wager per point. The size of your stake determines how much you make or lose per point in your chosen market. Spreadex offers 60+ forex pairs, 17 commodity CFDs, and 1000 index and stock CFDs. Vantage is authorized and regulated by the FCA in the UK, ASIC in Australia, VFSC in Vanuatu, and CIMA in the Cayman Islands.

• Financial spread betting markets, while also offering substantial liquidity, have more varied trading hours depending on the market and region.
• Despite confusion between the terms “broker” and “agent,” they are essentially the same.
• You can deal in everything from forex to indices and even crypto.
• PFOF typically involves brokers routing trades to market makers for execution, potentially creating a conflict of interest between the broker and the investor.
• That is also usually why traders gravitate towards brokers who offer lower spreads.
• Spread betting operates very similarly to leveraged derivatives, where you are trading large amounts of money and only paying small margins for the trades.

In addition, fees can also be charged, so you should definitely do your research with due dilligence before selecting a payment method. In our in-depth bookmaker reviews, we thoroughly analyze every important aspect of a betting site to help you make an informed decision. We examine the range and depth of sportsbook offerings, including the variety of sports, competitions (from top-tier leagues to lower divisions), and betting markets available.

In order to fully comprehend our Premier League betting tips for instance, it is vital that you have a grasp of all the betting markets listed above. If you understand the intricacies of the different betting markets, you will be able to fully appreciate our betting expertise. With all these factors covered, our bookmaker reviews provide comprehensive insights to help you choose the best site based on your needs. Whether you’re new to betting or looking for a better experience, our reviews ensure you’re fully informed about all aspects of the bookie you choose.

Robinhood is known for providing easy access to the markets for all investors. It allows traders to buy and sell stocks without commission charges. It features a quality mobile app that is simple, intuitive and easy to learn.