Spread Betting in the UK – Best Brokers
The top spread betting brokers offer competitive spreads on a variety of markets, keeping trading costs low. They also provide free trading tools that can help traders improve their performance. Look for brokers that have an easy-to-use platform that caters to all levels of experience. Some also offer a variety of unique features that can improve trading conditions, like free VPS hosting or API trading.
Regulated by the Financial Conduct Authority (FCA), spread betting platforms must comply with consumer protection standards, which ensure that traders are treated fairly and given clear information about the risks of trading. You can also search the FCA register to verify a company’s legitimacy.
Spread Betting in the UK: Best Brokers & Strategies
Spread Betting in the UK: Best Brokers can profit from rising or falling markets with spread bets, which are tax-free in the UK and Ireland because they are viewed as gambling rather than an investment. However, the laws surrounding taxation can change, so it is important to understand your situation and seek professional advice if you are unsure of your status. Also, it is important to check whether a spread betting platform offers client money protection, which protects traders’ funds from their company in the event of insolvency. This is a common feature offered by regulated brokers and helps build trust with traders. Aside from regulation, other key qualities to look for in a spread betting broker include:…