Why Compare Broker?

Compare Broker is the fastest way to compare 100+ of the best regulated online trading brokers, so that you can find a reputable and affordable broker faster. While our site is free to use, some links to brokers use affiliate links which means that - at zero cost to you - we may earn a commission if you sign up for a broker from our site.

Platforms





Regulator




Features




Account Type






What do you trade?





Trading Experience




Extra Features

















Spreads from
EURUSD:
1.1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Oanda
Regulated by: FCA (UK), ASIC, IIROC, MAS, and CFTC
Used by 23,000+ traders
Established in 1996
Over 25 years in business
HQ in the USA
Additional Funding Methods: PayPal, Credit/Debit Cards, Bank Transfer, Neteller, Skrill

Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Pepperstone
Regulated by: Financial Conduct Authority, UK, BaFIN, SCB, DFSA and ASIC
Over 10 years in business
HQ in Australia
Additional Funding Methods: BPay, POLi, UnionPay, Skrill, Neteller

Spreads from
EURUSD:
0.70 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Avatrade
Regulated by: Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI.
Used by 200,000+ traders.
Established in 2006
HQ in Ireland.

Spreads from
EURUSD:
0.4 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About ThinkMarkets
Regulated by: Financial Conduct Authority and ASIC.
500,000 ThinkMarkets users and traders
Established in 2010
HQ in Australia.

Axi
Spreads from
EURUSD:
0.1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Axi
Regulated by: FCA, ASIC
Used by 221,000+ traders
Established in 2007

Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 2008

Spreads from
EURUSD:
1.0 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About ForexVox
Regulated by: Financial Conduct Authority and Financial Services Authority of the Seychelles
Established in 2019
Clients of Seychelles entity can have leverage of up to 1000:1

IG
Spreads from
EURUSD:
0.60 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About IG
Regulated by: Financial Conduct Authority and ASIC.
Used by 178,000+ traders.
Established in 1974
HQ in GB.

Spreads from
EURUSD:
0.6 average spread Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Capital.com
Group entities authorised and regulated locally by FCA, CySEC, ASIC and FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.40% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
over 500,000 registered clients and more than $530 billion traded in volume for capital.com group,
established in 2016
Offers Forex CFDs Index CFDs Stock CFDs Cryptocurrencies CFDs Commodities CFDs ETFs

Spreads from
EURUSD:
0.7 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Admiral Markets
Regulated by: Financial Conduct Authority, CySEC, ASIC, Jordan Securities Commission (JSC) and FSCA in South Africa
Established in 2001
HQ in UK.

Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About SpreadEx
Regulated by: Financial Conduct Authority.
Established in 1999
HQ in UK.

Spreads from
EURUSD:
1.9 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Trade.com
Regulated by: CySEC, FCA, FSCM Mauritius and FSCA South Africa
Established in 2009
HQ in CY.

Spreads from
EURUSD:
View Spreads Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About FXCM
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading and related services. Founded in 1999.
Forex Capital Markets Limited: FCA registration number 217689
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
* Cryptocurrency products are not available to retail clients residing in the UK.

FXCM EU LTD
CySEC license number 392/20 (www.fxcm.com/eu) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Established in 1999

Spreads from
EURUSD:
1.2 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About FXPro
Regulated by: Financial Conduct Authority, CySEC, FSCA and SCB.
2million+ client accounts
Established in 2006
HQ in UK.

Spreads from
EURUSD:
0.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 2009

Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Used by 2,000+ traders
Established in 2014

Spreads from
EURUSD:
1.5 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 2005

Spreads from
EURUSD:
0.7 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 1989

Spreads from
EURUSD:
0.7 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 1998

Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in 1996

Spreads from
EURUSD:
0.50 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Established in the UK in 1983, City Index has since become one of the world leaders in spread betting, FX and CFD Trading. City Index traders today have access to more than 12,000 global markets, across forex, indices, shares and commodities.

Spreads from
EURUSD:
0.70 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
cTrader:
TradingView:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
About Core Spreads
Regulated by: Financial Conduct Authority.
Established in 2014

Why Compare Broker?

Compare Broker is the fastest way to compare 100+ of the best regulated online trading brokers, so that you can find a reputable and affordable broker faster.

While our site is free to use, some links to brokers use affiliate links which means that - at zero cost to you - we may earn a commission if you sign up for a broker from our site.

Platform

Regulator

Features

Account Type

What do you trade?

Trading Experience

Extra Features

Spreads from
EURUSD:
1.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Oanda
Regulated by: FCA (UK), ASIC, IIROC, MAS, and CFTC

Established in 1996
Over 25 years in business
HQ in the USA
Additional Funding Methods: PayPal, Credit/Debit Cards, Bank Transfer, Neteller, Skrill

Used by 23,000+ traders

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Pepperstone
Regulated by: Financial Conduct Authority, UK, BaFIN, SCB, DFSA and ASIC

Over 10 years in business
HQ in Australia
Additional Funding Methods: BPay, POLi, UnionPay, Skrill, Neteller

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.70 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Avatrade
Regulated by: Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI.

Established in 2006
HQ in Ireland.

Used by 200,000+ traders.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.4 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About ThinkMarkets
Regulated by: Financial Conduct Authority and ASIC.

Established in 2010
HQ in Australia.

500,000 ThinkMarkets users and traders

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

axi axitrader

Axi

Spreads from
EURUSD:
0.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Axi
Regulated by: FCA, ASIC

Established in 2007

Used by 221,000+ traders

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Markets.com

Established in 2008

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About ForexVox
Regulated by: Financial Conduct Authority and Financial Services Authority of the Seychelles

Established in 2019
Clients of Seychelles entity can have leverage of up to 1000:1

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

IG

Spreads from
EURUSD:
0.60 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About IG
Regulated by: Financial Conduct Authority and ASIC.

Established in 1974
HQ in GB.

Used by 178,000+ traders.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 average spread Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Capital.com
Group entities authorised and regulated locally by FCA, CySEC, ASIC and FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.40% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

established in 2016
Offers Forex CFDs Index CFDs Stock CFDs Cryptocurrencies CFDs Commodities CFDs ETFs

over 500,000 registered clients and more than $530 billion traded in volume for capital.com group,

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Admiral Markets
Regulated by: Financial Conduct Authority, CySEC, ASIC, Jordan Securities Commission (JSC) and FSCA in South Africa

Established in 2001
HQ in UK.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About SpreadEx
Regulated by: Financial Conduct Authority.

Established in 1999
HQ in UK.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.9 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Trade.com
Regulated by: CySEC, FCA, FSCM Mauritius and FSCA South Africa

Established in 2009
HQ in CY.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
View Spreads Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About FXCM
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading and related services. Founded in 1999.
Forex Capital Markets Limited: FCA registration number 217689
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
* Cryptocurrency products are not available to retail clients residing in the UK.

FXCM EU LTD
CySEC license number 392/20 (www.fxcm.com/eu) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Established in 1999

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.2 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About FXPro
Regulated by: Financial Conduct Authority, CySEC, FSCA and SCB.

Established in 2006
HQ in UK.

2million+ client accounts

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.3 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About InterTrader

Established in 2009

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About ATFX Global Markets

Established in 2014

Used by 2,000+ traders

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.5 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Spread Co

Established in 2005

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About CMC Markets

Established in 1989

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About ADSS

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About CFI Markets

Established in 1998

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About London Capital Group

Established in 1996

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.50 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About City Index

Established in the UK in 1983, City Index has since become one of the world leaders in spread betting, FX and CFD Trading. City Index traders today have access to more than 12,000 global markets, across forex, indices, shares and commodities.

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.70 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:

About Core Spreads
Regulated by: Financial Conduct Authority.

Established in 2014

PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:



What Factors To Consider When You Compare Spread Betting Brokers

Spread betting changed the way people speculated on the stock market. This novel style of trading allows a large audience previously unable to participate in big market changes to take a directed risk in the financial markets. In the following lines and paragraphs we will give you a brief introduction to spread betting and what information you can consider when you compare spread betting brokers in order to find the one which best suits your trading needs.

Although the contemporary notion of spread betting developed in the UK in the mid-1970s, when selling gold for speculative reasons was prohibited, it was inspired by the bucket shops of the early 1900s.

Speculators can trade bonds, commodities, cryptocurrencies, ETFs, stocks, forex currency pairs, and precious metals using a number of spread betting platforms and brokers available today. Spread bets are also made on futures and options markets, as well as the results of sporting events and political elections.

What Is Forex Spread Betting?

Spread betting on the movement of a stock price or an index works similarly to spread betting on the movement of a currency pair. When spread betting on currency pairs, a rolling spot quotation implies the bet does not expire but is carried over for another session, which may include a minor rollover fee.

For example, a spread betting broker might quote a bid/offer of 1.1450/1.1451 for the EUR/USD currency pair.

A bet or stake of £5.00 for every pip, or $0.0001, that the Euro increases above 1.1451 could be made that would pay off with the EUR/USD rate anywhere above 1.1451 upon closeout.

If the currency pair’s exchange rate declines, the bettor would have to pay £5.00 for every pip the EUR/USD pair trades below 1.1451.

Accordingly, if the exchange rate rises as anticipated to end up at 1.1491/1.1492 when the bet is closed out, the gain would be:

(1.1491-1.1451)/0.0001 x £5.00 = + £200.00.

Conversely, if the exchange rate falls unexpectedly to end up at 1.1431/1.1432 upon closeout, the loss would be:

(1.1431-1.1451)/0.0001 x £5.00 = – £100.00

Compare Spread Betting Broker’s Spreads

The most essential considerations when you compare spread betting brokers is the initial cost of placing a trade that is dependent on the “spread,” which is the difference between the bid (sell) and offer (buy) prices of the underlying asset quoted.

Brokers profit on the difference between the bid and offer spreads, thus they usually don’t charge a fee, and traders pay the spread to access the market they’re speculating in. Speculators would be better off picking a broker with narrow, competitive dealing spreads as a result.

The FTSE 100 daily spread is one point, while the Wall Street daily spread is 1.6 points, as specific instances of spreads at big brokers like AvaTrade and Pepperstone.

What Is Margin Trade Requirement?

The margin requirement for a spread bet is the amount a speculator must pay with a spread betting broker in order to open a spread bet, which is usually a fraction of the underlying asset’s value. Margin requirements for spread betting vary by broker and are usually determined by the underlying assets being traded.

Margin is determined as a percentage of the value of the underlying asset and can range from 2% to 50% depending on the liquidity and volatility of the market in question.

In order for you to find the margin amount, one needs to multiply the notional amount of the trade, which is the stake multiplied by the asset’s price, by the relevant margin percentage.

For example, if a trader wanted to place a £1 per point spread bet on Boeing and the current price of stock is 150p, the notional value of the transaction would be 150 * £1 = £150. As a result, the needed minimum deposit to initiate the trade is 20% of £150, or £30. However, to avoid margin calls, which would stop the deal if the price moved against them, a trader would need to deposit more than the minimum.

What is the Spread Betting Broker’s Interest Charge?

The interest rate becomes an essential issue to consider for long-term trading. When you use a broker’s leverage, you’re borrowing money from the brokerage business to trade with. Therefore it’s important to consider the overnight rates which your broker may charge you when you do spread betting.

Interest is levied on borrowed monies, and it may quickly add up. Depending on the asset and position selected, interest can either work in your favour or cut into your profits. Check the broker’s interest policy before proceeding. For long positions held overnight, for example, IG charges 2.5 percent plus the interbank rate.

Is The Spread Betting Broker Regulated?

When you pick and compare spread betting brokers, one of the most crucial elements to consider is regulation. When picking a spread betting broker, a trader’s money should be towards the top of their priority list, and excellent regulation helps to ensure this.

The FCA, or Financial Conduct Authority, should regulate reputable spread betting brokers in the United Kingdom. Brokers who are licenced by the FCA provide a level of protection for their clients’ funds. Most crucially, the FCA mandates that all spread betting businesses keep their clients’ funds separate from the company’s. Brokers are unable to withdraw customer cash or use them for operating expenditures as a result of this.

While the FCA permits spread betting brokers to advise clients on the best form of spread bet for them, the agency forbids spread betting businesses from providing financial advice to their customers. This implies that brokers are unable to advise clients on transactions, when to liquidate them, or when to benefit from them. If a business is providing this type of advise, be wary since it may be in violation of FCA regulations.

FAQ

Most frequent questions and answers

When you trade FX, you wager on the rate of exchange between two currencies. For example, if you bet on EUR/USD going up (buy), you’re betting on the euro’’s value versus the US dollar increasing. As a result, if the EUR/USD rate rises, you will profit; if it falls, you will lose. When you short sell  EUR/USD, you’re wagering that the Euro will lose value against the US dollar. Read More

You can find more information on how FX trading works here

Example of FX trade:

Check EURUSD and USDPY FX trade examples here

The most popular trading platform is Metatrader 4. Metatrader 5 is also among trader favorites. You can check the difference between the two here