Our top 10 list of the best FCA regulated platforms to spread bet are:

  • Pepperstone - Best Spread Betting Broker In UK
  • City Index - Great Spread Betting Platform With GSLO
  • IG Group - Top For Range Of Markets To Spread Bet
  • FXCM - Good MetaTrader 4 Broker
  • FxPro - Best Spread Bet Trading App
  • OANDA - Great For Beginner To Spread Bet Trading
  • CMC Markets - Top Spread Bet Broker For Forex Pairs
  • Spreadex - Best Financial And Sports Spread Betting Platform
Broker Our Rating Regulation Standard
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage Read Full Review
98 FCA
1.12 1.69 1.22 0.1 0.6 0.3 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
66 FCA
0.70 1.1 2.2 - - - - 95ms $150 84+ 25+ 30:1 500:1 Visit Site
71 FCA
BaFin, CySEC
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
70 FCA
BaFin, CySEC
1.3 1.4 1.7 0.30 0.90 0.40 $3.00 150ms $300 42+ 7+ 30:1 500:1 Visit Site
61 FCA
1.32 1.7 1.95 0.32 0.37 0.51 $3.50 151ms $0 69+ 30+ 30:1 200:1 Visit Site
81 FCA
0.6 0.9 0.7 - - - - - $0 70+ 4+ Visit Site
69 FCA
1.12 1.30 1.64 0.5 0.9 0.6 $2.50 138ms $0 338+ 19+ 30:1 500:1 Visit Site
6.4 FCA 0.84 1.37 0.83 - - - - - £0 50+ - 30:1 - Visit Site

1. Pepperstone Best Spread Betting Broker In UK


Forex Panel Score


Average Spread

EUR/USD = 1.12
GBP/USD = 1.69
AUD/USD = 1.22

Trading Platforms

MT4, MT5, cTrader,
TradingView, Capitalise.ai

Minimum Deposit


Why We Recommend Pepperstone

Firstly, Pepperstone has the fastest execution speed of any spread betting platform in the UK, we know because we have tested the execution speeds of brokers. Trading platforms you can use with Pepperstone for spread betting include MT4, MT5, cTrader, and TradingView.

We like TradingView as it has over 100 charts and technical indicators, making it a good choice if you like technical analysis. The broker’s spreads are competitive; for example, they have 1.12 pips for EUR/USD and they have won several awards for customer service over the years.

Pros & Cons

  • 1200+ spread betting products
  • Bet with MT4, MT5 and TradingView
  • 24/7 customer service
  • No Islamic swap-free account
  • Only PayPal for e-Wallet funding
  • No spot shares (CFD only)

Broker Details

Pepperstone Has The Lowest Fees And Fastest Execution Speeds

We scored Pepperstone as the best 2024 broker after opening accounts with the better-known spreads betting brokers and comparing their fees and features. Our scorecard favoured Pepperstone because of their:

  • Lowest fee spread betting account
  • Fastest execution speed of any spread betting broker
  • High trust factor with FCA regulation and 300,000+ traders
  • London-based 24/5 customer service
  • Advanced spread betting trading platform
  • Range of markets from currency to shares
  • Voted Best Spread Betting Platform

Pepperstone Has The Fastest Execution Speeds

Our head of research Ross Collins opened and then tested the trading accounts over two 26-hour periods using EAs. Of the brokers that offer spread betting, Pepperstone was the fastest for execution speed with 77ms limit order speed and 100ms market order speed.

Execution speed matters when spread betting as it ensures you fill an order at the price quoted and avoid slippage, which can lead to unexpected losses (especially when you have a stop-loss order in place).

Broker Overall Limit Order Speed Limit Order Rank Market Order Speed Market Order Rank
Pepperstone 1 77 1 100 2
FXCM 2 108 3 123 3
City Index 3 95 2 131 4
FP Markets 4 225 12 96 1
IC Markets 5 134 5 153 9
FxPro 6 151 9 138 5
GO Markets 7 144 7 145 7
Admirals 8 132 4 182 18
CMC Markets 9 138 6 180 10
IG 10 174 12 141 6
XM 11 148 8 184 11
ThinkMarkets 12 161 11 248 12

The account we measured execution speeds for was the no-commission account with spreads from 0.7 pips. The account has no minimum deposit, and the base currency is British pounds (GBP).

pepperstone spread betting account

Final Verdict On Pepperstone

Trading fees and execution speeds are the two most important factors for spread betting. Pepperstone won both categories with the lowest spreads on most currency pairs and the fastest Limit Order and Market Order speeds.

Our testing also found that Pepperstone has the best account opening process and has a £0 minimum deposit requirement. Combined with the fact that the broker is FCA-regulated, these factors led to our best UK spread betting company recommendation.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘75.6% of retail CFD accounts lose money’

Broker Screenshots

2. City Index Great Spread Betting Platform With GSLO

City Index

Forex Panel Score


Average Spread

EUR/USD = 0.7
GBP/USD = 1.1
AUD/USD = 2.2

Trading Platforms

MT4, TradingView,
Web Trader

Minimum Deposit


Why We Recommend City Index

With City Index, you can only use spread betting through the City Index Trading Platform. One of the perks of this platform is that it offers a guaranteed stop-loss order. This stop loss allows you to manage risk effectively while betting on 4,500+ markets.

If you want access to top risk management tools, then City Index is our pick with the guaranteed stop loss order and the performance analysis tool.

Pros & Cons

  • 84 currency pairs
  • Guaranteed stop loss with city index WebTrader
  • Low 50 per point min. trade size
  • Good education and market analysis
  • Demo account limited to 12 weeks
  • No MetaTrader 4 for spread betting
  • Inactivity fees

Broker Details

City Index Offers A Guaranteed Stop Loss With Tight Spreads

City Index is one of the top UK forex brokers with spread betting on various asset classes and has over 4,500 different financial products to bet on. These global markets can be accessed through the broker’s web trader platform or their mobile app.

city-index spread betting account for uk traders

Guaranteed Stop Loss Orders (GSLO)

To manage the high risk of spread betting, stop-loss and limit orders are available to lock in profits and minimise losses.

Just like free order types, you can pay a premium to place GSLOs. GSLOs ensure positions are closed at the price the trader selects, whereas stop loss and limit orders do not guarantee that the pre-selected prices will be matched.

Broker Screenshots

3. IG Group Top For Range Of Markets To Spread Bet

IG Group

Forex Panel Score


Average Spread

EUR/USD = 1.13
GBP/USD = 1.66
AUD/USD = 1.01

Trading Platforms

MT4, IG Trading Platform,
L2 Dealer, ProRealTime

Minimum Deposit


Why We Recommend IG Group

We highly recommend the IG Group, the pioneers of financial spread betting since 1974. With a selection of 17,000+ products from stocks to spread betting options, it’s evident why we favour IG Group if you’re keen on exploring a vast range of markets. If there’s a spread betting market you’re eyeing, chances are, IG Group has got you covered.

Pros & Cons

  • Creator of spread betting
  • All 4 platforms available for spread betting
  • Largest range of spread betting products
  • Guaranteed stop loss order with IG Platform
  • Top education and research tools
  • Inactivity fees after 24 months
  • No social trading tools
  • IG Platform while excellent lacks pre-defined layouts

Broker Details

IG Group Has The Largest Spread Betting Markets Available

When we traded with IG Group, we had access to global markets and various asset classes for spread betting.

This was perfect for us, especially since we trade across multiple markets and prefer to consolidate all our trading on a single platform. Available asset classes to spread bet include:

  • CURRENCY PAIRS: Over 100 forex pairs
  • INDICES: Global including the US 500, FTSE 100, Germany 30
  • SHARES: 12,000+ Stocks
  • COMMODITIES: Metals, Oil, Gas, and Softs

ig spread betting account for uk traders

Broker Screenshots

4. FXCM Good MetaTrader 4 Broker


Forex Panel Score


Average Spread

EUR/USD = 1.3
GBP/USD = 1.4
AUD/USD = 1.7

Trading Platforms

MT4, TradingView,
Trading Station, Capitalise.ai

Minimum Deposit


Why We Recommend FXCM

We recommend FXCM for its competitive spreads starting from 0.7 pips and its commendable range of markets, notably in shares. What sets FXCM apart is its unique provision of spread betting on the MetaTrader 4 platform.

With access to thousands of custom indicators and the benefit of automated trading, we consider this online trading broker to be an excellent choice for those keen on spread betting via MetaTrader 4.

Pros & Cons

  • Competitive spreads
  • Good choice of platforms for betting
  • Good range of deposit and withdrawal methods
  • No 24/7 support
  • Withdrawal fee for bank transfer
  • Inactivity fee
  • Slow support

Broker Details

FXCM Has Spread Betting On MetaTrader 4

MetaTrader 4 is undoubtedly a favoured trading platform for CFDs, but to our surprise, only a few brokers provide spread betting on it. Lucky for us, FXCM does, enabling us to harness the full capabilities of MT4, from its customisable trading indicators and one-click trading to automated trading and its rich set of drawing tools.

We value the ability to automate our trades, and if you’re into using Expert Advisors, our experience suggests FXCM might be your go-to broker.

FXCM gives you a choice of alternative trading platforms for spread betting; if MetaTrader 4 isn’t your thing, these are Trading Station Web and TradingView.

fxcm spread betting account for uk traders

5. FxPro Great Spread Bet Trading App


Forex Panel Score


Average Spread

EUR/USD = 1.32
GBP/USD = 1.7
AUD/USD = 1.95

Trading Platforms

MT4, MT5, cTrader,
FxPro Trading Platform

Minimum Deposit


Why We Recommend FxPro

FXPro has an excellent trading platform with over 50 indicators, four pending order types, 15 time frames and sentiment tools for the Forex majors. Combined with these features, the FxPro Edge makes a solid pick for the best spread bet trading platform.

Pros & Cons

  • FxPro Edge platform for spread betting
  • Good execution transparency
  • Fixed spread for selected currency pairs
  • Cant use MT4, MT5  or cTrader for spread betting
  • Spreads can be high
  • Inactivity fees

Broker Details

FXPRO Has Excellent Trading Platform Features

FxPro offers FxPro Edge, which is a proprietary spread betting trading platform that has a user-friendly design (it’s minimalistic, so there are no distractions while trading).

The FxPro Edge platform is highly customisable with its widget module design, allowing you to arrange your trading platform in a way that makes it easy for you to trade.

If you solely rely on technical analysis, then the FxPro Edge platform is an ideal choice because it has 60+ indicators and drawing tools to help with your analysis.

FxPro Edge Trading Platform

The FxPro Edge also comes with an Account Performance tool that shows you a real-time breakdown of your trading performance with various helpful stats.

It shows your total number of trades and how many of them were profitable, giving you a winning percentage, and it also shows you your average PnL per trade.

These stats are handy to know whether you are a new trader or a veteran, as they can help spot mistakes in your trading.

fxpro spread betting account for uk traders

6. OANDA Best For Beginner To Spread Bet Trading


Forex Panel Score


Average Spread

EUR/USD = 0.6
GBP/USD = 0.9
AUD/USD = 0.7

Trading Platforms

MT4, TradingView
OANDA Trade (fx Trade)

Minimum Deposit


Why We Recommend OANDA

OANDA is our top choice as a spread betting broker if you are a beginner. We like that the broker’s platform (OANDA Trade) is user-friendly with excellent charting tools and allows you to trade smaller deal sizes, making it ideal for beginners.

Broker Details

OANDA Trade Offers Novice Traders Beginner-Friendly Tools

The OANDA Trade platform is designed to make analysing the markets and executing your trades straightforward and without distractions. We like how the platform has over 100+ technical indicators and drawing tools, giving you a solid choice of indicators to work with (more than most other platforms).

One of the advantages you may like with the OANDA Trade platform is that you can trade smaller deal sizes, which can help you transition from demo to live trading.

Because of this, the OANDA Trade platform requires you to input your positions by entering the units you want to trade instead of a stake size.

Even though you have more control over your deal sizes, you must determine how much per point you want to risk.

oanda spread-betting-account-products-uk-traders.png

OANDA Trade provides easy access to third-party trading tools like AutoChartist, which generates trading ideas based on technical analysis.

This is useful for a beginner because it lets you see how a professional firm finds trading ideas and provides a second opinion on market direction.

7. CMC Markets Good Range Of Forex Pairs

CMC Markets

Forex Panel Score


Average Spread

EUR/USD = 1.12
GBP/USD = 1.3
AUD/USD = 1.64

Trading Platforms


Minimum Deposit


Why We Recommend CMC Markets

We found CMC offers the most choices when betting on forex markets. The broker offers over 300 Forex pairs to bet on with spreads on par with the average brokers.

It also has a solid selection of markets with 90+ indices, 110+ hard and soft commodities and over 50 treasuries. If you’re trading primarily currencies, this is one broker we recommend considering.

Pros & Cons

  • Diverse choice of betting products
  • 300+ forex products
  • Solid customer services
  • CMC NGEN platform for spread betting
  • Guaranteed stop loss order with NGEN
  • No backtesting with NGEN
  • No social trading or automation
  • Spreadbetting with MT4 is not available

Broker Details

 CMC Markets Offers The Best Range Of Markets

CMC Markets has over 300+ currency markets available for you to spread bet. This is the UK’s largest selection of tradable instruments for spread bets. They offer reverse cross pairs on every asset, which means you can trade forex pairs like USD/GBP and EUR/USD. So, CMC is your top choice if you like to trade forex.

CMC Markets Spread Betting Spreads UK


The Next Generation platform offers an intuitive, user-friendly trading environment in a standard or advanced format. A range of trading tools is provided via the platform to assist traders with developing spread betting strategies and managing the high risk of forex trading, such as:

  • One-click trading and price alerts
  • Advanced charting and chart forums
  • Client sentiment data and pattern recognition market scanner
  • Real-time news and financial market calendar
  • Guaranteed Stop Loss Orders

CMC Markets Trading Tools Spread Betting UK

The trading platform is available for desktop download as a web trader through an Android and iOS app.

8. Spreadex Best Financial And Sports Spread Betting Platform


Forex Panel Score


Average Spread

EUR/USD = 0.84
GBP/USD = 1.37
AUD/USD = 0.83

Trading Platforms

TradingView, SpreadEX Trading Platform

Minimum Deposit


Why We Recommend Spreadex

We highly recommend Spreadex for its diverse spread betting offerings. Beyond the traditional financial instruments like Forex, Gold, Silver, and Energies, it uniquely offers sports spread betting.

If you are keen on accessing over 10,000 financial instruments on a world-class platform or placing a bet on your favourite EPL football team, Spreadex stands out as a top choice. Its unique fusion of finance and sports makes it an appealing option for traders and enthusiasts.

Pros & Cons

  • Spread betting specialist
  • Spreadex Trading platform built for spread betting
  • Has a low minimum deposit of $2
  • Financial and sports spread betting
  • Lacks education and webinars
  • No demo account is available
  • No MT4 or MT5

Broker Details

SPREADEX Offers Financial And Sports Spread Betting

Founded in 1999, UK-based, Spreadex is the only firm to offer spread betting using financial and sports markets, as a bonus you can also trade financial instruments using CFDs.


Financial markets available for spread betting include 16 daily and 20 futures indices, 57 forex pairs and 12 futures, 1000+ shares across 15 global exchanges, ETFs, options and hard commodities.

spreadex trading platforms

SPREADEX Offers Sports Betting

In conjunction with spread betting on global markets such as forex, stocks and indices, Spreadex offers the unique feature of spread betting on sporting events.

Rather than the traditional method of fixed-odds betting, Spreadex customers can bet higher or lower than the broker’s spread; the more the price moves, the greater the potential returns.

Spreadex Sports Pros Spread Betting UK

Sporting events available to spread bet on include:

  • Horse racing
  • Cricket
  • Golf
  • Rugby
  • Tennis
  • Football