Spread Betting Brokers: Compare the top brokers of 2025
We’ve put together this list of Spread Betting brokers, designed to introduce you to a wide selection of reputable brokers. We will help you choose the one that best suits your trading needs, no matter what level you are at.
You’ll find a full review of each broker and our opinion on the services and features we think they are strong on and those they aren’t. So if you want a broker who’s best in class for education, or pricing, or trading tools, we’ll have the broker for you.
Bear in mind, we will only include reputable companies on the site. Each of the brokers featured here are authorised and regulated by the UK’s Financial Conduct Authority.
We regularly review our broker list to ensure the information is up to date. However, if we’ve missed something, contact us.
Regulated Spread Betting Brokers
| Broker | Minimum Deposit | Markets | Products |
|---|---|---|---|
Pepperstone![]() | £0 | Commodities Currencies Indices Stocks & Shares | CFDs FX Spread Betting |
| With a strong focus on the trading experience, industry leading technology, low costs and award-winning client support, we feel that Pepperstone is a good option for the more established high volume day trader. | |||
Capital.com![]() | £20 | Commodities Currencies Indices Stocks & Shares | CFDs FX Spread Betting |
| Capital.com’s intuitive, user-friendly platform, round-the-clock support and seamless integration with MT4 and TradingView make it a worthy contender for beginner and experienced traders alike. The broker boasts an ‘Excellent’ Trustpilot rating. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% 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. | |||
Trade Nation![]() | £0 | Bonds Commodities Currencies Indices Stocks & Shares | CFDs FX Spread Betting |
| Trade Nation offer something a little different for traders. You won't find research or educational tools - the emphasis is on trading, so pricing and fees can be kept low. | |||
IG![]() | £0 | Commodities Currencies Indices Stocks & Shares | ISA Spread Betting |
| Widely recognised as the largest broker of its kind for CFDs and Spreadbetting, IG has now expanded its services to include Equities and ETF trading. Their range of markets is wide reaching while both trading and share dealing costs are low. We really like their Smart Portfolio's which are ideal for inexperienced investors to gain exposure to the markets. Clients will get 4.5% AER variable interest on uninvested GBP balances up to £100,000. With deeper pockets to invest in their services than most brokers, IG's platform suite and trading support tend to lead the way. IG is a good all-rounder for novice through to experienced traders and investors. Risk Warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. | |||
Accendo Markets![]() | £0 | Bonds Commodities Currencies Indices Stocks & Shares | CFDs FX Spread Betting |
| We've got to know the team over at Accendo Markets pretty well over the last few years. They always have time for their clients, whether that's welcoming them to their offices in Aldgate, or through their dedicated account management team over the telephone. If you are new to trading, they'll make sure you get the support you need at the outset. If you are looking for a knowledgeable, personal service from your CFD, Spreadbetting or Forex broker, you won't go wrong with the Accendo Markets team. | |||
Would you like your brokerage listed here? Contact us
The Armchair Trader is paid for by our partners through clicks, views and advertorials. So if you open an account through a link on the site, we may receive a fee for providing the introduction. This fee will in no way be passed on to you from our partners.
Choosing the right broker
If you are new to financial spread betting, we offer a variety of free resources. You can use them to help you select the spread-betting broker that best meets your trading needs.
We suggest that you start with the basics. Decide what tools and features you need to identify, execute and control your trades. Remember, spread-betting is a leveraged product which means your winning trades and your losing trades are magnified. You should understand leverage before you begin to trade with real money.
Muslims are typically advised to open Islamic accounts that practice Shariah principles. These Islamic spread betting accounts are also known as swap-free accounts. They are halal trading accounts in which interest is not accumulated, collected or paid. These accounts do not make use of futures and forward contracts. All transactions (including the transaction cost) take place without any delay. You can read our thoughts on whether trading is Halal or Haram. You’ll also be able to explore a selection of regulated brokers that offer permissable accounts.
Spread betting demo accounts
Some, but not all, spread-betting brokers offer a demo account. This is an account using a limited number of markets with live prices that you can use to practice on. They have the advantage of letting you trade live, up-to-date market prices rather than delayed ones.
A number of firms offer a demo account, but some will only offer them for a limited period of time or with a restricted series of features.
Find out how you can make best use of a spread betting demo account, avoiding the pitfalls along the way.
The best spread betting accounts for beginners
Some spread-betting brokers are geared towards offering accounts that have the beginner in mind. These accounts generally provide limited risk features. They are designed to ensure that novice traders do not make costly mistakes as they learn about the unpredictable nature of the financial markets.
Moreover, we have put together an article featuring the best spread betting platforms for beginners. It’s a great place to start.
These accounts should form the basis of your research as you move from a demo account to a live trading account.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Over 70% of retail investor accounts lose money when trading spread bets and CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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