Eduardo Behrentz

10 Best Spread Betting Platforms and Brokers for 2024

best betting brokers

BFB247.com is a betting broker that gives you access to Orbit Exchange accounts. When you use our special link, you only pay 2.5% commission on your winning bets. With betting brokers, you can bet on sports no matter where they’re happening. You can easily place bets on soccer games in Europe, basketball in America, or cricket in Asia.

  • You’ll have more freedom to bet larger amounts and won’t have to worry as much about getting your account restricted.
  • 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.
  • Different bet agents cover different bookmakers and betting exchanges.
  • You can profit greatly by determining when to close the right position at the right time.
  • Many bookmakers offer multiple ways to register, making the process even more convenient.
  • But tax rules are a maze, always changing, so double-check with a local qualified tax pro.
  • Overall, Vantage Markets is a good choice for spread speculators who are looking for a competitive and reliable broker.

How to choose a spread betting broker

This means IG is able to offer its users a diverse range of assets all in one hub – access to stocks and bonds, trending index funds, currency pairs and contracts for differences. So, if you’re a high-volume trader you’ll need significant capital. A key component of spread betting is leverage – which allows you to trade much larger positions by putting down a small outlay, known as ‘margin’. High-quality execution will help ensure your trades are executed at the requested time and price.

Which Is The Best Spread Betting Broker?

Many people choose betting brokers because they can bet on more types of sports from all over the world. Interactive Brokers (IBKR) is a long-standing favorite of experienced traders. The comprehensive trading platform gives you access to a massive range of securities worldwide, including access to 150 global markets. It is renowned for its extensive market access and professional trading tools, making it ideal for active and global traders.

Cheapest Spread Betting Platforms By Market

Using leverage, you can also decrease your risk of investing in shares on wild swings in the market. For example, if you find that a particular stock is experiencing a great rise, you can cut your exposure by trading the short price of the share. Imagine we’re eyeing the S&P 500, currently standing at 3300 points.

Spread Betting Broker With The Best Added Value, Research & Tools

Take advantage of the demo feature to explore different strategies and learn the world of spread betting in a risk-free environment. Trade Nation is a multi-regulated broker where clients can buy and sell various financial instruments via easy to use platforms with extremely competitive trading conditions including fixed spreads. It’s quick and easy to open a spread betting account with Pepperstone. It is worth mentioning that spread betting accounts are only available to traders in the UK and Ireland.

Exploring Other Betting Exchanges

The majority of the extra markets are made up fo smaller cap shares and exotic fx pairs, commodities and indices meaning that there are more opportunities vailable. 70% of retail investor accounts lose money when trading CFDs and spread bets with this provider. I would say that overall City Index is a better spread betting broker than CMC Markets, especially if you are trading a broad range of shares, particularly smaller cap shares. CMC Markets is more focussed on the most liquid markets like EURGBP and indices and can have tighter pricing. But, for an all-round service, City Index is a better spread betting broker for most UK traders.

  • Traditional bookmakers typically offer worse odds than betting exchanges or brokers, building in a larger margin to protect their profits.
  • As a top betting broker, PremiumTradings brings extensive experience in football and the Asian Handicap markets.
  • One of the big reasons why so many bettors use betting agents is because they always offer good odds and let bettors place bigger bets.
  • Your very small investment can potentially lead to much bigger losses that are even larger than what you initially invested.
  • Forex.com is another trading broker under the same umbrella which further emphasises the size of the company.

What are the types of online bet agents?

The 3 best and most reputable betting brokers are BetInAsia, Sportmarket and AsianConnect88. If you are not interested in reading the details, here are my overall ratings for each of them. Unfortunately, a drawback of using a betting brokerage service is that there is no recourse if a broker decides to withhold your money from you. They are not interested in people placing small bets here and there. Many have minimum deposit limits of €100 and minimum bet limits of €5 or more. Almost no reputable betting brokers accept customers from the USA and France.

Spread Betting Taxes

You should understand that a stake of £10 means that you will win or lose £10 for every point that the market rises or falls in your favor. Lowering your risk is one of the benefits of working with a properly regulated Spread Betting Brokers. Ensure that your broker is transparent with fees and those dues are competitive. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.

Margin Requirements

To begin, visit the bookmaker’s website and click the “Sign Up” or “Register” button. You’ll need to provide basic details such as your name, address, date of birth, and email, and create a username and password. Some bookmakers may also require identity verification, such as uploading a photo ID, as part of their security process. Once you agree to the terms and conditions and submit the form, your account will be activated and ready to use. These include the major e-wallets of Skrill, Neteller, and Payz, along with cryptocurrency, facilitating hassle-free deposits and withdrawals for users. In addition to its brokerage services, BookieLink also provides “CoinPoker,” a poker platform built upon blockchain technology.

Trading Platform Quality and Features

  • This allows you to achieve speed and precision when executing risky deals where every second counts.
  • It’s important in spread betting to have access to support when you need it, including the ability to trade over the phone.
  • There are also certain tax advantages and generally deep penetration into worldwide markets.
  • Roboforex minimum deposit is 10.Please note that any cryptocurrency availability with any broker is subject to regulation.
  • With SMART signals, you can receive trade ideas that are based on current market conditions and tested against historical data for accuracy.
  • 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
  • Let’s go through a few more reasons why Capital.com was listed as one of the top spread betting platforms in this guide.
  • Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Whether you’re new to betting or an experienced bettor, Sportmarket is your ultimate platform. Get the best odds across multiple bookmakers with just one funded account. Our industry-leading support team ensures a smooth experience every step of the way. Think Markets is FCA-regulated and offers several different options. Think Markets uses its own software designs, but you will also find spread betting via Meta Trader 4 and Meta Trader 5 available here.

Exclusive offers

Alternatively, sign up on the broker SportMarket, where you can also place bets through Betfair, but at a much lower commission. There are hundreds of bookmakers on the international market, if not thousands. Also called a sports betting broker, a betting agent is a middleman between a bettor and a betting site. If a user signs up with a betting site through an affiliate link, we usually earn a commission from the bookmaker, at no extra cost to the player.

SportMarket

There is also a mobile-friendly version, and it is compatible with both Android and iOS. We then ranked the shortlisted brokers by their overall rating, which blends 100+ data entries with the direct observations of our testers following hours of hands-on evaluations. It’s a testament to the business that they build their own technology in-house and are reserved with marketing campaigns. Most withdrawals are free, although international Telegraphic Transfer (TT) may incur fees by the banks which will be passed on to clients. Hello, Sportmarket supports Penta88, please correct this information.

Best Spread Betting Platforms and Brokers 2025

If the NFL isn’t your preference, Rugby is an excellent alternative for your betting needs. These are the number of points that your bet needs to move in a favourable direction for your bet to yield results. A +7 spread would mean the underdog is gaining seven points, written as +7 on the odds. It is our own personal opinions, based on first-hand knowledge or wider customer reviews. The minimum withdrawal amount is £100 for bank transfer, or £10 for debit card. To make this possible, Markets.com has designed a simple interface with user-friendly features without lots of complicated finance-speak.

Best for Educational Resources: Capital.com

Choosing the right spread betting broker is paramount, not just for maximizing your potential returns but for ensuring a smooth and secure trading experience. Now, having been in the financial trading game for a couple of decades, I’ve seen the landscape evolve tremendously. When you’re looking to get started with spread betting, there are a few key factors you should consider. Spread betting means that you are taking a position on how the financial markets will move without actually handling the underlying security.

best betting brokers

Top Spread Betting Brokers for 2025

Other notable operators include Betway South Africa, Sportingbet, and World Sports Betting, each providing competitive odds, promotions, and adherence to local regulations. These platforms contribute to a thriving and responsible betting culture while aligning with South Africa’s robust regulatory framework. The payout rate, or odds ratio is a percentage value that indicates what proportion of your stakes will come back to you in the long run.

Get a Forex Pro on Your Side

As with most spread betting brokers, City Index clients trade via two-way bid-offer prices the difference between the bid and offer representing the spread. These vary by product and contract but in the FTSE 100 index City charges a minimum spread of 1 index point and on the Germany 30 or Dax it charges 1.20 points. You can trade Spread Bets on leading equity indices up to 24 hours per day. For stock trading, spreads of 0.8% for UK and 1.8 cents per share are built into the price. The company provides exclusive access to private accounts with major bookmakers and exchanges, including Matchbook, Betdaq, MaxBet, and 18bet. A preferred choice among professional gamblers, Sportmarket stands out by offering a live casino and a seamless experience for betting on multiple sports and games through a single account.

Trading Multiple Accounts

He offers a broad array of asset types including stocks, ETFs, mutual funds, bonds, options, futures, IRAs, custodial accounts and trusts. The diverse investment options give you access to a variety of asset classes. FxPro is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and FxPro Edge. They also offer trading tools, third-party analysis and trader education. More experienced traders may choose to sign up for Pepperstone’s Razor account; however, new customers usually sign up for regular accounts with the company.

best betting brokers

They offer access to over 10,000 markets and recently Spreadex has reduced spreads across the major assets and still offers access to smaller-cap stocks compared to some of the other providers. They cover the most bookmakers, betting exchanges and sports of all brokers in this article, they cover the most payment methods and they allow free deposits via all payment methods. Most betting brokers make money by having an affiliation with the bookmakers, which means that they receive a commission from the bookmaker when you place a bet through them. There are many brokers on the internet, so pinpointing the best one can be a challenge.

  • I would say that overall City Index is a better spread betting broker than CMC Markets, especially if you are trading a broad range of shares, particularly smaller cap shares.
  • IG, CMC Markets and CIty Index are publicly listed spread betting brokers.
  • This broker is regulated by the FCA in the UK, the ASIC in Australia, the FMA in New Zealand, and the MAS in Singapore.
  • So, here we can see that the proprietary BFB247 platform and platforms powered by Mollybet are quite easy to use.
  • Capital.com also requires a minimum deposit of just $20 and offers low withdrawal minimums, making it easy to cash out your earnings.
  • FXPro offers automated trading, a proprietary platform, a demo account to play in, and standard stop loss protocols.
  • It allows investors to engage with real, experienced investors and leverage social trading features.
  • By comparing these essential features, you can choose a spread betting broker that best suits your needs and preferences for spread betting.
  • Cricket is the most popular sport for betting, with events like the Indian Premier League (IPL) and international tournaments drawing massive participation.

So, for professionals, Unibet is not the best long term bookmaker. But for players that are building up their bankroll, Unibet is a great place to start. They limit some players fast, and Marathonbet is only available in a few countries. If you’re lucky enough to be in a country where Marathonbet has a license, then take advantage of it, because it is one of the easiest bookmakers to make a profit with. Pinnacle has an average margin of just 2%, making it possible to spot value quite often. Overall we consider Pinnacle to be the best bookmaker in the world, due to their selection, high odds, no personal limits, and great platform.

  • For regular and high-stakes bettors, betting agents offer invaluable services, providing access to better odds, anonymous betting, and international markets.
  • However, other brokers charge fees for deposits as well as withdrawals, or have conditions that stipulate that you must turnover your deposits a certain number of times before they can be withdrawn.
  • AsianConnect88 has very low deposit/withdrawal limits, but it covers much fewer bookmakers and exchanges than the other 2 options.
  • However, to truly succeed, you need the right broker that provides the tools, platforms and features to enhance your trading experience.
  • Spread betting brokers in the UK cannot offer traders financial advice.
  • To aid traders in their market analysis, they can also access a thorough economic journal and sophisticated charting tools.
  • Find forex, stocks and shares, commodities such as gold and much more.

You can also get a 1.5% cashback on your initial transfer amount up to $300. Once your position is opened, you will see your profit or loss updated in real-time. Once you choose your stake, you can multiply it by the market spread to calculate how much you will pay to open your position. For example, if the spread is 1.2 points and you are betting £2 per point, you will pay £2.40 for the trade. You will use your account to open positions, research new opportunities, add funds, and monitor your profits or losses.

Spread betting allows traders to profit from fluctuations in the value of an underlying asset, even if they do not own the underlying asset. This is an exciting way to potentially make good profits from rising and falling prices. The customer support options offered by Spread bet slip details Betting Brokers can include phone answering services, live chat support, and email customer service support. One way to influence your profits is by ensuring you do not pay prohibitive transaction costs. You need to know how much the broker may be charging a commission.

Another top rated Spread Betting broker Roboforex offersForex, CFDs. Roboforex minimum deposit is 10.Please note that any cryptocurrency availability with any broker is subject to regulation. If a broker is not on the Stock Exchange, check their accounts on government agencies like Companies House. If you are trading via a white label, you must check the balance sheet you are using, i.e., the underlying provider or the brand. Spread betting calls for understanding what exactly good price movements are to create benchmarks determining when to enter or get out.

Thus, spread betting enables traders to profit from both rising and declining markets. The degree of fluctuation in the asset’s value and the accuracy of the trader’s predictions are used to establish the spread betting profit or loss. Spreadex offers its unique trading platform on the web and mobile devices, enhancing the spread trading experience. These platforms are known for their excellent charting tools, customization capabilities, and dependability. Some of the anticipated features are available to traders, including trading via charts, pattern recognition, and a variety of sophisticated technical indicators.