1TOP PICK
CMC Markets
4/5
Platforms
MT4, MT5, Proprietary, Mobile
About
Founded 1989. Headquartered in UK. Suitable for intermediate traders.
Compare Spread Betting Brokers UK 2026
OUR RECOMMENDATIONSYour Top Three Spread Betting Brokers UK
Showing 30 Spread Betting Brokers UK.
2RUNNER UP
IG
4/5
Platforms
MT4, MT5, TradingView, Proprietary, Mobile
About
Founded 1974. Headquartered in London, United Kingdom. Suitable for intermediate traders.
3GREAT VALUE
Pepperstone
4/5
Open AccountCMC Markets vs IG compared
Top PickCMC Markets
Rating4.2/5
Forex pairs330
Min deposit$0
Leverage1x
Runner UpIG
Rating4.3/5
Forex pairs90
Min deposit$0
Leverage200x
DETAILS
- Min Deposit:$0
- Max Leverage:1x
- Rating:4.2/5
- Platforms:MT4, MT5, Mobile
About Axi FCA, ASIC, DFSA, FSC Founded 2007. Headquartered in Australia. Suitable for intermediate traders.
DETAILS
- Min Deposit:$50
- Max Leverage:1x
- Rating:3.8/5
- Platforms:MT4, MT5, cTrader, TradingView, Proprietary, Mobile
About Vantage FCA, ASIC, CIMA, VFSC Founded 2009. Headquartered in Australia. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:2000x
- Rating:4.1/5
- Platforms:MT4, MT5, Mobile
About Equiti CySEC, FCA, JSC, SCB Founded 2014. Headquartered in UAE. Suitable for intermediate traders.
DETAILS
- Min Deposit:$50
- Max Leverage:30x
- Rating:1.7/5
- Platforms:Proprietary, Mobile
About Plus500 FCA, ASIC, CySEC, MAS, FSP, SFSA Founded 2008. Headquartered in Israel. Suitable for beginner traders.
DETAILS
- Min Deposit:$100
- Max Leverage:30x
- Rating:4.1/5
- Platforms:MT4, MT5, cTrader, TradingView, Mobile
About Eightcap ASIC, FCA, SCB, VFSC Founded 2009. Headquartered in Australia. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:1x
- Rating:3.4/5
- Platforms:TradingView, Proprietary, Mobile
About Saxo Bank FCA, DFSA, MAS, ASIC, FINMA, SFC Founded 1992. Headquartered in Denmark. Suitable for advanced traders.
DETAILS
- Min Deposit:$100
- Max Leverage:500x
- Rating:3.3/5
- Platforms:MT4, MT5, Mobile
About Tickmill FCA, CySEC, FSCA, FSA, LFSA Founded 2014. Headquartered in Seychelles. Suitable for intermediate traders.
DETAILS
- Min Deposit:$0
- Max Leverage:500x
- Rating:3.5/5
- Platforms:Proprietary, Mobile
About XTB FCA, CySEC, KNF, IFSC Founded 2002. Headquartered in Poland. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:1x
- Rating:3.3/5
- Platforms:TradingView, Proprietary, Mobile
About Interactive Brokers FINRA, FCA, IIROC, ASIC, SFC, MAS Founded 1978. Headquartered in USA. Suitable for advanced traders.
DETAILS
- Min Deposit:$1
- Max Leverage:30x
- Rating:3.1/5
- Platforms:MT4, MT5, cTrader, Mobile
About Admirals FCA, ASIC, CySEC, EFSA, JSC Founded 2001. Headquartered in Estonia. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:1x
- Rating:3.6/5
- Platforms:MT4, TradingView, Proprietary, Mobile
About Oanda NFA, CFTC, FCA, ASIC, IIROC, FSA, MAS Founded 1996. Headquartered in USA. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:30x
- Rating:3.1/5
- Platforms:TradingView, Proprietary, Mobile
About Swissquote FINMA, FCA, DFSA, SFC, MAS Founded 1996. Headquartered in Switzerland. Suitable for advanced traders.
DETAILS
- Min Deposit:$10
- Max Leverage:500x
- Rating:1.2/5
- Platforms:MT4, MT5, Mobile
About Hantec Markets FCA, ASIC, JFSA Founded 1990. Headquartered in UK. Suitable for advanced traders.
DETAILS
- Min Deposit:$20
- Max Leverage:500x
- Rating:3.6/5
- Platforms:MT4, MT5, Mobile
About HYCM FCA, CySEC, CIMA, DFSA Founded 1977. Headquartered in UK. Suitable for beginner traders.
DETAILS
- Min Deposit:$10
- Max Leverage:2x
- Rating:1.4/5
- Platforms:MT4, MT5, Proprietary, Mobile
About Exness FCA, CySEC, ASIC, FSA, FSCA, CBCS Founded 2008. Headquartered in Cyprus. Suitable for beginner traders.
DETAILS
- Min Deposit:$250
- Max Leverage:400x
- Rating:3.3/5
- Platforms:MT5, cTrader, Mobile
About Aetos Capital ASIC, FCA, HKSFC, FSCA Founded 2013. Headquartered in Australia. Suitable for intermediate traders.
DETAILS
- Min Deposit:$250
- Max Leverage:1x
- Rating:3.8/5
- Platforms:Proprietary, Mobile
About AJ Bell FCA Founded 1995. Headquartered in UK. Suitable for beginner traders.
DETAILS
- Min Deposit:$50
- Max Leverage:500x
- Rating:3.9/5
- Platforms:MT5, cTrader, Mobile
About ATFX FCA, CySEC, FSCA, SFC Founded 2017. Headquartered in UK. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:30x
- Rating:3.9/5
- Platforms:MT4, Proprietary, Mobile
About City Index FCA, ASIC, MAS Founded 1983. Headquartered in UK. Suitable for intermediate traders.
DETAILS
- Min Deposit:$0
- Max Leverage:50x
- Rating:3.7/5
- Platforms:Proprietary, Mobile
About Coinbase FinCEN, FCA, MAS Founded 2012. Headquartered in USA. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:100x
- Rating:3.7/5
- Platforms:Proprietary, Mobile
About Crypto.com FCA, MAS, CFTC Founded 2016. Headquartered in Singapore. Suitable for beginner traders.
DETAILS
- Min Deposit:$50
- Max Leverage:30x
- Rating:3.7/5
- Platforms:Proprietary, Mobile
About eToro FCA, ASIC, CySEC Founded 2007. Headquartered in Cyprus. Suitable for beginner traders.
DETAILS
- Min Deposit:$0
- Max Leverage:30x
- Rating:3.8/5
- Platforms:Proprietary, Mobile
About Fineco Bank FCA, Consob, Banca d'Italia Founded 1999. Headquartered in Italy. Suitable for beginner traders.
DETAILS
- Min Deposit:$100
- Max Leverage:1x
- Rating:3.4/5
- Platforms:MT5, cTrader, Proprietary, Mobile
About Forex.com FCA, CFTC, NFA, ASIC, IIROC, MAS Founded 1999. Headquartered in UK. Suitable for intermediate traders.
DETAILS
- Min Deposit:$50
- Max Leverage:1x
- Rating:3.5/5
- Platforms:MT4, TradingView, Mobile
About FXCM FCA, ASIC, FSCA, ISA Founded 1999. Headquartered in UK. Suitable for intermediate traders.
DETAILS
- Min Deposit:$100
- Max Leverage:500x
- Rating:3.7/5
- Platforms:MT4, MT5, cTrader, TradingView, Mobile
About FxOpen ASIC, FCA, FSA Founded 2005. Headquartered in Australia. Suitable for intermediate traders.
DETAILS
- Min Deposit:$100
- Max Leverage:200x
- Rating:3.1/5
- Platforms:MT4, MT5, cTrader, Proprietary, Mobile
About FxPro FCA, CySEC, FSCA, SCB Founded 2006. Headquartered in UK. Suitable for intermediate traders.
FAQs
How do I choose a spread betting broker in the UK?
Start with regulation: check on the FCA Register that the firm is authorised and that its permissions cover spread betting. Then compare total cost (spread plus any fees), the markets you want to trade, platform quality, guaranteed-stop availability, minimum deposit and customer support. Test the platform on a demo account before you fund a live one.
Can you lose more than your deposit spread betting?
Under FCA rules, retail clients of UK-authorised firms have negative balance protection, so you cannot lose more than the funds in your account. You can still lose all of the money you deposit quickly, because leverage magnifies losses as well as gains. Professional-client accounts can have different terms, so read the broker’s account terms.
Are spread betting brokers safe?
Brokers authorised by the FCA must keep client money in segregated accounts and follow FCA conduct rules, and eligible clients may be able to use the Financial Ombudsman Service and the FSCS if a firm fails. Compensation limits change, so check the current figures at fscs.org.uk. Safety of the firm does not remove trading risk, and you should verify any broker’s authorisation on the FCA Register.
What is the difference between financial and forex spread betting?
Both use the same spread betting product. Forex spread betting is on currency pairs, while financial spread betting is the wider term and also covers indices, shares, commodities and other markets. Leverage limits and costs differ by market, so check each market’s margin requirement with your broker.
Is spread betting good for beginners?
Spread betting is leveraged and most retail clients lose money, so it is a high-risk product and not suitable for everyone. Beginners should use a demo account first, trade small, set a stop loss on every bet and never risk money they cannot afford to lose. Read the broker’s risk warning and consider independent advice.
What is the difference between spread betting and CFD trading?
Both let you speculate on price moves with leverage without owning the asset. The main difference for UK residents is tax treatment: gains from spread betting are generally free of Capital Gains Tax and stamp duty, while CFD gains may be subject to Capital Gains Tax. Tax depends on your personal circumstances and can change, so check HMRC guidance or speak to a tax adviser.
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