Best Bet Brokers in 2024 Top Options for Winning Players

Deposits are completely free, and the first withdrawal of the month is free for all payment methods. BetInAsia operates discreetly and professionally, with a smart, sleek website. It provides 24/7 customer support via live chat, email, and phone, with dedicated VIP support. The platform has earned a reputation for its dependable service and excellent customer support. BetInAsia and Sportmarket also offers cashback and referral bonus to both new and existing users.

Trading Platform Quality and Features

Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. However, it’s important to note that tax laws can change and differ in other countries. In some jurisdictions, profits from spread betting may be taxable. As always, it’s advisable to consult with a tax professional to understand the specific tax implications of spread betting in your country. Speak to a tax advisor regarding your spread betting tax position.

Understanding Traditional Bookmakers

Here, you decide to buy the UK 100 at £5 per point if you think the FTSE 100 is going to rise. This is known as going long, and it means that for each point the index rises, you will make a profit of £5. In this scenario, the selling price of the UK 100 is £7,952.62, and the buy price is £7,953.82, so the spread is 1.2 points (£7,952.62 – £7,953.82). If your stop-loss or limit order is automatically triggered, this will be done for you. Of course, your stop loss will be canceled if you close your position manually. In this example, if you had placed a limit order at £7,950, your position would have been automatically closed there, and you would have made the assured predetermined profit.

After all, one bookie, even the best one, is not able to perform better than a dozen top-class bookmakers!
Yes, duly online brokers like those listed above are insured by the SIPC and are reliable, well-reputed businesses.
Spreadex offers a simple yet innovative spread-betting platform for trading a variety of assets.
These platforms give you access to industry-grade trading technologies such as technical indicators and customisable chart features.
When you are willing to close your position, you should place a bet in the opposite direction from where you opened it.

What are the benefits of using a betting agent?

They can easily guide traders to take a risk, inform you perfectly about the major market moves and help spread betting tax. If you’re into a variety of leveraged instruments like stocks, ETFs, metals, energies, futures, indices, currencies, and commodities. The platform’s user-friendly nature and speedy spread betting execution make it a solid choice for those looking to act on their market insights quickly. With this spread betting broker, you can trade with over 60 different currency pairings. Comparing the UK financial spread betting brokers is crucial because some provide different markets. You might discover that your market choice is quite limited with some spread betting brokers.

Sports Betting in South Africa: Rules, Popular Sports, and Leading Bookmakers

In this example, spread betting allowed us to capitalize on market movements with a relatively small initial investment, magnifying both potential gains and losses. It’s a strategy that demands respect for market volatility and an unwavering discipline in risk management. For veterans and novices alike, it’s a powerful tool when wielded with wisdom and caution. Fast forward a week, and let’s suppose the S&P 500 climbs to 3351. We ‘sell’ our position at the new bid price, ideally around 3350, netting us a 50-point gain. At $100 per point, that’s a tidy $5,000 profit, a 50% return on our initial $10,000 in just a week – a testament to the power of leverage in spread betting.

Best Brokers for TradingView in 2024

Right now, you can earn up to $1,000 or more with a signup bonus and referrals. By now you must be well aware of how important stop-loss orders are while trading. Please note here that since this is a daily-funded trade, you will be charged a small overnight funding fee if you keep your position open overnight. These tools don’t need to help you protect yourself from loss, but these benefits prove useful in achieving the goal. Traders can trade CFDs on over 4500 shares and over 65 global currency pairs. FxPro was founded in Cyprus in 2006 and is regulated by financial regulators such as CySEC in Cyprus, SCB in the Bahamas, FCA in the UK, and FSCA in South Africa.

Why Spread Betting Brokers needs to be regulated?

Explore the site’s extensive library of videos, webinars and robust tools to power your trading experience. Due to legal differences in the regulations of individual countries, the bookmakers also have different procedures and obligations when establishing the correct identity of players. As a rule, this is done by means of online verifications in which you have to upload identification documents or hold them up to the camera. Only then is it possible to enjoy the full range of services offered by the provider. This means it allows traders to invest without actually having to deal with the fundamental asset they are betting on.

Best Spread Betting Brokers and Platforms

With IG, you can try and take advantage of rising or falling markets by spread betting. They offer seamless execution on a wide range of more than 18,000+ markets and around the clock phone support. They are considered to be one of the best brokers and are well regulated in multiple jurisdictions. IG actually invented financial spread betting in 1974 and I think they are a top choice for anyone in the UK who is looking to spread bet with industry leading conditions. The MT4 platform is probably the world’s most popular and customizable spread betting platforms.

All Spread betting brokers in more detail

This is key given that the UK’s Financial Ombudsman Service has highlighted the dubious practices adopted by some spread betting companies. When betting on sports, it helps to know how betting brokers and traditional bookmakers differ. You can compare odds and place bets easily, often with extras like live game streaming and personal account help.

Customer Service

Sometimes, low spreads come at the cost of less reliable execution or hidden fees elsewhere. However, many EU countries, including the United Kingdom, allow it. If you’re looking fire to sharpen your trading skills, Capital.com represents a great choice. It’s known for offering one of the best educational platforms and comes loaded with resources.

In other words, their interests aren’t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock’s price movement. The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it.

Decide to buy or sell.

This is particularly true when trading CFDs or spread bets – both of these forms of trading are offered by Markets.com.
Complementing their advanced betting solutions, BookieLink provides a suite of tools designed for optimal account management, precise bet tracking, and real-time market insights.
In addition, Spreadex also covers traditional financial markets.
However, do not rely solely on the free information these spread betting brokers offer.
If you’d like to expand your knowledge on the subject, as well as find out which payments individual bookie brokers accept, check out the available options below.
Specific spread betting forex brokers, for example, may offer you a better deal than a jack of all trades, master of none firm.
Whether you’re interested in popular sports or niche events, our reviews give you the full picture of what each bookmaker has to offer.

Despite confusion between the terms “broker” and “agent,” they are essentially the same. Whether individuals or organizations, these entities streamline the betting process, providing several advantages. Another key difference between the ABR and Zacks Rank is freshness.

Why Betting Agents Are Essential for Matched Betting and Professional Bettors

For example, if the spread is 1.2 points and you are betting £2 per point, you will pay £2.40 for the trade. In this approach, the accuracy of the forecast increases the probability of profit. However, if the market moves contrary to the trader’s position, losses may exceed the trader’s initial investment. Markets.com has a spread-only pricing model, meaning you don’t have to pay traditional trading commissions.

Over the years, I’ve had my fair share of experiences with different brokers.
There are some other bet brokers that don’t operate on the open market but rather through recommendations.
Alternatively you can trade by calling their team of friendly and knowledgeable traders.
The broker deals with servicing players, deposits, withdrawals, setting up accounts at individual bookmakers for the player as well as servicing their own platform.
Along with this, you should use limit orders to ensure your profit.
We will get to the bottom of these questions in our thorough bookmaker comparison.
Orbit Exchange is great for bettors who want to make the most money possible.

The amount of money you have to keep in your account is called your margin. FXCM’s spreads are a bit higher than those of other brokers, starting at 1.3 pips, and the average EURUSD spread is also 1.3 pips. There are no additional fees for spread betting, and inactivity fees apply after one year. Beginners love Vantage for its unlimited demo accounts and webinars. Spreads, free VPS hosting, and algorithmic trading on the broker’s MetaTrader platform draw in experienced traders.

FxPro – Best Spread Betting Broker for Risk Management

As such, UK100’s 5% margin requirement means you only need 5% of the full value of the position in your account to open it.
BetInAsia and Sportmarket also offers cashback and referral bonus to both new and existing users.
Spreadex offers its unique trading platform on the web and mobile devices, enhancing the spread trading experience.
For that, you can check customer reviews and ratings on sites like the Better Business Bureau and TrustPilot.
However, it was not until the 1970s that this concept found its way into the financial industry.

The bottom line with a strong mobile version is that the most important functions are easy to access and there are no differences to the desktop version. We bring you bookmaker news with a special focus on sports betting signup bonus offers that give you the best value when opening a new account. From generous first-time deposit bonuses to free bets, we ensure you’re always informed about the most lucrative promotions available.

Top Spread Betting Brokers for 2025

Start by educating yourself about the leveraged derivative products to best use your spread betting account. Spread betting operates very similarly to leveraged derivatives, where you are trading large amounts of money and only paying small margins for the trades. Third, delve into the range of markets and instruments available.

Whether you’re a bettor or aspiring to become a broker, opportunities abound in the realm of betting agents. Robinhood is a brokerage platform that offers commission-free trading for stocks, options and cryptocurrencies, making it an excellent choice for cost-conscious investors. It is popular because it’s designed to give the average investor professional-level tools. IG Markets is a UK-registered broker established in 1974 and regulated by the FCA. 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. Razor accounts in the FX markets have lower spreads than regular accounts, but they do charge commissions.

Traditional bookmakers can be used well when you are building up your bankroll, but eventually, using a bet broker will be a must for serious sports bettors. Just like with SportMarket, you get access to several of the best bookmakers on the market through the AsianOdds platform. AsianConnect has partnered up with SBO, Pinnacle, Singbet, ISN and others. Traditional bookmakers typically offer worse odds than betting exchanges or brokers, building in a larger margin to protect their profits. This means less value for bettors but more guaranteed profit for the bookmaker.

This is because brokers who provide this service make their gains directly from the spread. This is another way spread betting differs from most traditional trading. (It might not be right to call it trading at all and just betting or gambling). Spread betting is a popular choice for active investors who would like to trade a range of different markets both short (sell) and long (buy), without actually owning the underlying asset. Spread betting can be suitable for scalping, day trading and swing trading on thousands of financial markets, including indices, shares, currencies, commodities and more.

Many traders try to avoid this account type because it tends towards being risky and speculative. That is also usually why traders gravitate towards brokers who offer lower spreads. Here is the overview of the key differences between Forex spread betting and financial spread betting. Spread betting is a leveraged product, which means you can place a bet while only putting up a fraction of the full value of the position. While this can magnify profits, it also increases the potential for losses, which can exceed your initial deposit.

🔥 As with traditional stock trading, spread betting can be made less volatile and potentially destructive through balance protections and stop losses. This is another FCA-regulated broker, and is also covered by other regulators worldwide. The platform is designed to be purpose driven so you aren’t just randomly choosing and betting on spreads. The platform doesn’t currently integrate with Expert Advisors, but it has its own trading tools on board.

Golf continues to be a popular choice for bettors, offering outright betting markets and numerous tournaments worldwide. Its dynamic nature and range of betting options make it an exciting addition for punters. Another important factor that proves the usefulness of the broker to the player is the various types of tools available on the platform. Probably every advanced player uses portals, on which you can check the odds for a given event at different bookmakers in order to choose the optimal one.

Rather than directly entering these markets, spread bets let users speculate on changes in market values for your chosen asset across time. It’s very similar to betting on horses or the score of a sports game. 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.

Today, it is known for its competitive spreads, fast execution, and reliable platform. It’s important to ensure your Spread Betting Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders. Spread Betting Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers’ services.

65.3%-75.2% of retail investor accounts lose money when trading spread bets and CFDs with these providers. It is one of the best-spread betting platforms for low and transparent fees. It offers a wide range of markets, including CFDs on forex, stocks, indices, commodities, metals, cryptocurrencies, and spread bets.

The platform boasts fantastic odds and extremely high betting limits, enhancing the overall gambling experience.
It offers a wide range of financial services to traders from almost every country in the world.
If a broker is not on the Stock Exchange, check their accounts on government agencies like Companies House.
It has a simple interface which can be easily used by both professional and amateur bettors.
Bookielink falls behind in the race because of not offering any promotional offers.
Finally, brokers are useful because they give you great service.
The odds are also worse, except for arbitrage opportunities, where the traditional bookmakers are too slow in updating their odds, based on market events (injuries, line up changes etc.).

High liquidity is crucial for successful matched betting and arbitrage strategies. Orbit Exchange is great for bettors who want to make the most money possible. They offer the lowest commission rates, which is especially good for matched betting, arbitrage betting, and value betting.

They make betting easier by letting users access many bookmakers through a single account. BookieLink, owned by Intraseculink Ltd and licensed by the Curacao Gaming Authority, stands as a distinguished sports betting brokerage with over a decade of sports betting expertise. BookieLink offers an array of services tailored to both casual bettors and seasoned professionals alike. Founded in 2007, BET-IBC stands as a licensed spread betting broker dedicated to delivering a first-rate gambling experience.

That’s because it caters to active traders with advanced tools and competitive commissions, ideal for those with larger portfolios. As we described above, spread betting uses leverage, meaning you don’t have to pay the entire value of your trade upfront. As such, UK100’s 5% margin requirement means you only need 5% of the full value of the position in your account to open it. As we already mentioned, spread betting is a leveraged product, which means you only need to have a fraction of the total value of the trade-in your account to open it.