Spread Betting Companies

Find The Best Spread Betting Platform

We’ve aggregated information from a number of the major spread betting companies in order to give you the most comprehensive overview of the available platforms that are out there. Before making your decision, please read our guide on the risks of spread betting if you aren’t already familiar with the potential pitfalls.

Use the table below to sort each provider by spread size, minimum deposit, mobile platform availability and more to find a company that suits. You can get more details on any of the companies listed by clicking the review button next to their logo. If you would like to see more information listed in the comparison table, or if you have any questions – please do not hesitate to contact us.

You can also find our spread betting platform and offer of the week to the bottom right of this table.

Company Comparison Table

Company Review Min Spreads Min Deposit 24 Hour Binary Mobile Apply
Wall Street FTSE100 GBP/USD
IG Review 1.8
Points
1
Point
1.7
Points
£0 Proceed »
Spread Co Review 0.8
Points
0.8
Points
1
Point
£0 Proceed »
InterTrader Review 1
Point
1
Point
2
Points
£30 Proceed »
City Index Review 6
Points
4
Points
1
Point
£100* Proceed »
ETX Capital Review 3
Points
1
Point
2
Points
£0 Proceed »
Spreadex Review 2
Points
1
Point
2
Points
£0 Proceed »
Capital Spreads Review 1
Point
1
Point
2
Points
£0 Proceed »
Finspreads Review 1
Point
1
Point
2.5
Points
£100* Proceed »
eToro Review FX FX 3
Points
$250 FX Proceed »

*Applies only to your initial deposit. £25 minimum thereafter.About Spread Betting Companies

The first deposit for any spread bettor is a big but thrilling step to take. It’s often the most exciting time in any trader’s career as they embark their attempt to build a bankroll through the markets. But picking where to place your funds can be daunting, and you may feel a lot of uncertainty as you try to establish which platform is the most appropriate for your level and ambition.

Due to the costs involved with opening and closing positions (the spread); you’ll want to make sure that which ever spread betting company (or companies) you choose, you’re happy for your funds to remain there for the foreseeable future. This is why we’ve put together our complete comparison of all major spread betting platforms in the market. You can find definitions and explanations of the columns above in the text to the right; but for any other questions you can contact us through our enquiry form.

Why the Right Spread Betting Company Matters

There’s no doubt about it, spread betting is becoming evermore competitive in the UK as more businesses and individuals use it as an investment tool. This competition is great as it tightens the spreads for all of us (30 years ago spreads would be 10 or 20 points wide as opposed to 1 or 2 now); but it’s now quite difficult to tell which company is offering a good deal.

Most of the time the best spread betting companies for you will be the ones that offer exactly what it is that you’re looking for. Perhaps you’re always on the move and want to monitor your positions remotely from a mobile – well City Index have an award winning mobile platform. Or maybe you’re looking to deposit a fairly large lump some and want to maximise ROI with a £1,000 bonus from InterTrader. Other companies such as Cantor Index will offer fully fledged charting packages for their traders while another company may allows their traders to leverage huge amounts.

What’s important is that you do your research into the companies in question. The comparison table above will help, but we also have reviews for each company with an overview of the markets that they offer. Some spread betting platforms will also give you the option to try a ‘demo’ account; this will allow you to trade for free with virtual money so that you can get a feel for how the software works.

Companies Explained

If you’re a new trader then you might be wondering what some of the columns in our table mean. Here is an overview of each section and what makes for a competitive offering.

Min Spread

The spread is the difference between the buy and sell price. For instance, if you buy a market at 1000, the sell price might be 998. This effectively means that by buying, you immediately lose some value, as the price would have to rise by 2 points in order to break even. The smaller the spread, the less risk there is to you.

Min deposit

Your minimum deposit is just what you might imagine. Some platforms require that you deposit a substantial sum in order to be allowed to spread bet. For new traders, we recommend finding a company that accepts very small deposits as well as stop loss limits.

24 hour trading

24 hour trading is now seen as a staple for any good spread betting company. With markets available in the US, Europe and Asia there is always somewhere that you can bet. 24 hour trading does not include Sunday trading as markets are closed.

Binary options

Binary options are a different style of trading to traditional spread betting. Binary options involve predictions that have two possible outcomes and can be a very exciting variant to the standard market betting that we see on most company platforms.

Mobile

Not all platforms provide mobile trading and this varies in importance from one individual to the next. The functionality of each mobile platform does vary, it is widely accepted that City Index and IG Index provide the best mobile trading suites, but you can find more details on the review pages.

Company Offers and Bonuses

If you’re undecided about which company suits you the best, then it might be an offer that sways your choice. Spread betting offers range from deposit bonuses to risk free bets and tighter spreads. You can see a list of all the available offers by clicking the button below; we ensure that all offers are up-to-date and get exclusivity for our visitors wherever possible.