Charles K. McNeil, a math teacher turned securities analyst and bookmaker in 1940s Chicago, is often credited with creating the basic idea of spread betting. McNeil applied his mathematical skills to set up spreads on sports events, allowing bettors to wager on the outcome relative to his set point spread. Chiefly, you are able to make a spread betting offer in each market – this means that you are able to potentially profit from both bullish and bearish market changes.

Best Spread Betting Brokers and Platforms

Traders can trade CFDs on over 4500 shares and over 65 global currency pairs. Vantage is authorized and regulated by the FCA in the UK, ASIC in Australia, VFSC in Vanuatu, and CIMA in the Cayman Islands. Overall, Vantage Markets is a good choice for spread speculators who are looking for a competitive and reliable broker.

Related Spread Betting Brokers Comparisons

CompareBanks makes its money through advertising and partnerships. This means we may make money if you sign up to that product through a link on our website. You will not have to pay us anything at all, so there are no catches or hidden extras involved when using CompareBanks. The forex is interesting because it has such immense liquidity – indeed, forex is the most liquid market on the planet.

Trade Nation

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 advanced matched betting calculator 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.

Can you make money from financial spread betting?

Betting brokers help you find the best betting prices across different websites. Instead of checking many sites yourself, you can use one broker account to see all the options. This makes it much easier to find the best deals and make smarter bets. If you bet large amounts regularly or want to place bigger bets, a betting broker can make a big difference. You’ll have more freedom to bet larger amounts and won’t have to worry as much about getting your account restricted. Bookielink provides a wide range of communication mediums to reach customer support.

Best Spread Betting Platforms 2025

You’ll regularly find events with a 98-99% payback rate, which is insane. So when it comes to the odds alone, there are very few places that are better than 1xBet. Yet – still higher than the odds you’ll find with many other bookmakers.

Spread Betting Broker Alternate Positions

We have developed a mobile web application so that you can track all the data and info about your bets from your mobile device. MMA has seen remarkable growth in popularity in recent years, with numerous promotions gaining loyal followers. Fans can enjoy the thrill of supporting their favorite fighters in this dynamic and fast-paced sport. Horse race betting is one of the oldest and most popular forms of betting, enjoyed by millions globally. The unpredictability of horse racing adds excitement and value to every race. Whether you’re into Rugby Union or Rugby League, there is no shortage of matches to choose from.

• Betting brokers let you place bigger bets more easily than regular bookmakers.
• Even professional day traders generally make money over the long term, by making small gains, rather than making any single big win.
• For example, the new user deposit bonus could give you seven fractional shares of the « magnificent seven » with a $100 deposit.
• We ‘sell’ our position at the new bid price, ideally around 3350, netting us a 50-point gain.
• I am not aware of any other betting broker that offers this many betting exchanges.
• Remember – you can read our specific review of every single bookie if you are looking for more information before you start betting.
• 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.

Best for Global Traders: Interactive Brokers

A top spread betting broker also allows you to place different bets with the best bookmakers. In summary, utilizing a betting agent offers numerous advantages, including better odds, centralized account management, anonymity, top-notch customer service, and access to lucrative bonuses. The influence of sharp bookies on the market and the potential for greater profits make using a betting mediator a strategic choice for bettors. In Kenya, sports betting is regulated by the Betting Control and Licensing Board (BCLB) under strict laws that promote responsible gambling.

Best for Copy Trading: eToro

Trading signals, is one of the best trading signal services out there and is developed in-house by City Index. The idea is that the algorithm scans the market for price patterns and highlights upcoming trading opportunities. The best bet broker for you will depend on a number of factors, particularly if you live in a country restricted by one of the betting brokers above. Sportmarket has long been considered one of the best betting brokers, providing an excellent service since its establishment in 2004.

What You Should Consider Before Choosing A Spread Betting Broker

At the same time, you can bet quite large amounts – especially on major events. In the world of betting, Betfair stands as the largest global betting exchange. It operates as a platform where players engage in risk-free betting against each other.

There is also a wide range of ETFs, ETCs and Trackers to spread bet on for sector speculation, and you also have the option to trade political markets. Pepperstone does not charge an inactivity fee, which is excellent for low-latency traders. The firm has no regular maintenance fee like some investment accounts.

Which Online Spread Betting Option Should You Choose?

Let’s say that instead of rising, the index falls to £7,902.62, leaving your spread bet open at a loss and triggering your stop loss. Then use stop-loss to automatically close your position at those levels. Along with this, you should use limit orders to ensure your profit. The prices of bets in spreads are always quoted in pairs, meaning the selling price (bid) and the buying price (offer).

Range of Sports

Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Some argue that spread betting is a form of gambling because it involves placing bets on the direction of market prices without owning the underlying asset. The outcome is uncertain and based on speculation, much like gambling. However, it’s also recognized as a financial strategy and is regulated as such in many jurisdictions. One of the main benefits of spread betting is that investors can trade with leverage, trading at greater exposure than their deposited amount.

• For high-net-worth traders, IG offers a dedicated specialist desk with personal dealers to support your trading needs.
• Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.
• Another top rated Spread Betting broker Roboforex offersForex, CFDs.
• Whether you’re into Rugby Union or Rugby League, there is no shortage of matches to choose from.

thoughts on “The 10 Best International Bookmakers in 2024”

It features a quality mobile app that is simple, intuitive and easy to learn. As noted above, it’s not available to U.S. traders, likely because many of the instruments that Pepperstone offers, such as CFDs and spread betting, aren’t legal in the United States anyway. Still, it’s worth exploring if you live in a jurisdiction that allows Pepperstone. Once the account is opened, you will decide which markets you want to trade.

Spread Betting vs CFD Trading: 7 Key Differences Explained

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.

If you’re wondering what commodities you’ll be able to trade with, this includes commodities ranging from natural gas and oil to gold. This means that, with this broker, the only fee you pay when creating an order is the actual spread. You’re not just limited to companies on the London Stock Exchange, but can also access global stock markets. You can also amplify your bets using leverage (where you borrow money to fund a trade). Now time for an in-depth look into all of the features on offer by each of these six brokers.

Is spread betting risky?

It’s especially great for beginners because it combines a user-friendly interface with an extensive range of trading instruments. You can deal in everything from forex to indices and even crypto. The platform’s comprehensive educational tools can help you get up to speed on the latest trends and inform your trading decisions. Having the best spread bet brokers according to our findings listed in one place, can help you save time when looking for the best spread bet broker for your own individual needs. Every movement in the market has a direct impact on your profits and losses. So you keep monitoring all your open trades, whether you have stop-loss orders or limit orders.

• With many accolades to its name, CityIndex offers one of the most sophisticated trading platforms.
• One way to influence your profits is by ensuring you do not pay prohibitive transaction costs.
• After you find good open positions to work with, finding out what transpires regarding losses and profits will become simpler.
• 🔥 Spread betting lets you make returns from trade regardless of the direction the market moves because you do not actually handle the underlying security.
• Spreadex offers a simple yet innovative spread-betting platform for trading a variety of assets.
• In short, the answer is a simple one, which involves spread betting brokers not having enough experience.
• Public eliminates this conflict by routing all orders directly to exchanges and other execution venues, prioritizing transparency and alignment with its users.

By the same token, losses made in trading can be offset against capital gains made elsewhere, whilst spread betting losses cannot. Spread betting on Forex is all about precision, speed and market timing in one of the world’s most active markets. With positions turning over faster than any other asset class, traders focus on quick profits.

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.

At that time, investing in gold was largely inaccessible for the average person due to the high costs and complexity involved. Spread betting on gold presented a more approachable alternative, allowing individuals to speculate on gold prices without the need to physically purchase the commodity. 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. 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.

Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Spread Betting Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Spread Betting Brokers. The best rated Spread Betting broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies.

If you continue to win with a betting broker, they typically won’t limit you, as they make money based on your turnover, rather than how much you lose at the bookmaker. Rather than keeping track of multiple bookmaker and betting exchange accounts, simplify things by operating them all through a single brokerage account. Unibet offers odds on almost any sports event on the earth, and the odds are generally fine. Their odds are not as high as Pinnacle and SBO, but among the soft bookmakers, they are ranking quite well. Due to some limitations, high-stakes sharps are not always allowed, but if you’re a beginner or a semi-pro, Bet365 might be the best choice of any bookmaker. They receive great reviews from most of their users, customer service is top-notch, and we’ve only had good experiences with Bet365.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Learn more about its features and platforms in my full review of IG. Their platform isn’t the easiest to use, nor the prettiest, but it does have good odds and high limits.

You might already have tried this – all the Euro bookies will not allow winning players to bet with them. The best bet brokers only have market limits – they won’t put any personal limits. In fact, winning players are more than welcome because they help to adjust the lines. Of course, you always have the option of using traditional bookmakers as well. They do, however, have more uneven odds on many events, which you can take advantage of as long as it lasts. 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.

As you can see above, the comparison focuses on the odds ratio and the number of betting markets offered. All factors combined will be discussed in detail in the conclusion and give an overall rating on a scale of 1-10. In our reviews of betting apps, we focus on evaluating the mobile experience for Android and iOS users. We check whether bookmakers offer dedicated mobile apps for both platforms, or if their websites are optimized for seamless use via mobile browsers. Charles Schwab charges a $0 commission for online stock and ETF trading.

Depending on your country of residence, different betting sites may or may not be available and betting options may be more or less varied. This is due to every country (or even region) having its own set of rules and regulations when it comes to online sports betting. Here are some country specifics when it comes to sports betting at online bookies in different areas.

The spread in spread betting is merely the contrast between an asset’s buying and selling price. If a financial instrument’s buying price is 134.6 while the selling price is 135.4, the 0.8 difference in the prices is known as the spread. Spread betting can best be used as part of a diversified portfolio, meaning an investor will gain a sizable number of returns from one or a few different investments. Unlike traditional investing, one or two specific investments are likely to provide the best binary options returns. Because of this, investors can use spreads to diversify their portfolios and lower their risk without reducing returns.

Forex spread betting requires an understanding of the factors that influence currency movements, such as economic indicators, political events, and central bank decisions. Financial spread betting, while it also requires understanding market drivers, demands knowledge across a wider range of markets and sectors. Our step-by-step Premium Tradings sign-up guide takes you through the sign-up process. With multiple ways of signing up and with the help of the outstanding customer support, you can get access to three different betting exchanges today.

Do your due diligence to ensure the broker has no client trust issues. Regulation is extremely important because you do not lose large sums when trading. For example, if a trader based in the US happens to speculate a £1 movement on a particular UK asset worth £10 for every share and they place a 0.05 USD per £1. If the securities market goes up to £15 during the closing, the profit must be 50% despite the exchange rate between pound and dollars. Tight spreads are crucial during such small price and value movements. They help make profits from minute movements in the prices and values of an asset.

Pepperstone introduced spread betting in early 2021 with a focus on tight pricing for major instruments and automated trading through the trading platform. Between 74-89% of retail investor accounts lose money when trading CFDs. First of all, much like any other type of trading, UK spread betting has risks to a trader’s funds. Only traders interested in spread betting can decide whether it is for them. Generally, a margin requirement is an amount a broker is willing to allow you to borrow funds.