Best Spread Betting Brokers and Platforms

But things are changing as betting brokers (or betting agents) become more popular. Even though betting agents might not all work in exactly the same way, they do have one key thing in common. They let bettors place all their bets with different bookmakers, all from a single betting agent account.

Best Zero Spread Forex Brokers in 2024

This feature facilitates the efficient management of significant stakes with speed and ease. We’ve analyzed the market to bring you the top agents offering competitive rates, expert guidance, and the ultimate betting experience. In our experience, the customer support is MUCH BETTER with bet brokers than with individual bookies. Brokers care about their customers and are usually highly professional. Sportmarket covers a wide range of popular sports, including football, horse racing, tennis, basketball, cricket, eSports, baseball, and American football.

Which Spread Betting Brokers Is Best For Commodities?

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 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.

• 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.
• This means you can potentially start investing with any amount, even $5.
• Yes, you can usually bet more through a broker than with single bookmakers.
• Here at DoppelWetten we only recommend and link to betting brokers we have tested and tried ourselves.
• Consider customer support quality, as prompt and knowledgeable assistance can be vital.
• Unlike traditional investing, one or two specific investments are likely to provide the best binary options returns.
• These agents act as a helpful middleman between the bettor and the bookmaker.
• FxPro is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and FxPro Edge.

Opening an Account with a Betting Broker

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. Also, if you want to aim for a profit of £100, make the risk worthwhile. 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. To understand how to bet on indices, we will take the example of the UK 100. 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.

Excellent pricing and customisable platforms – CMC Markets

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.

• The MT4 platform is probably the world’s most popular and customizable spread betting platforms.
• This means you don’t have to wait for the markets to move one way.
• BFB247, together with BetInAsia Black is clearly taking the top position in terms of the UI and ease of use.
• A betting broker (aka bet agent or betting brokerage service) is simply a third party that acts as an intermediary between you and a bookmaker or betting exchange.
• Regular bookmakers are reliable and familiar, while betting brokers let you bet in more places, bet more money, and find better odds.
• Only use an established spread betting provider with many years in the industry and authorization from a ‘green tier’ regulator.
• This is because brokers who provide this service make their gains directly from the spread.
• In our in-depth bookmaker reviews, we thoroughly analyze every important aspect of a betting site to help you make an informed decision.

Betting Sites – find online sports bookmakers!

In markets with expiry periods of three to six months, the spread for gold starts at 0.5 points. The amount of money you deposit into your account balance determines the type of your trading account. The EURUSD spread is 0.7 pips, and spreads are generally average. Pepperstone is a great choice for traders who want low latency, are looking for a competitive and reliable broker, and want to bet on metaquotes, as its MT4 and MT5 packages are among the best.

Calculate your fees and costs with our Financial Spread Betting pricing calculator

If the cashback offer is not applied to your account for any reason, please get in touch with me and I will sort it out with the BetInAsia team for you. Others have very strict requirements on withdrawals, requiring all deposited money to be turned over 10-20x before it can be withdrawn. If you want to bet with the best Euro bookmaker, read our full Bet365 review here. The website of SBO looks nice – it has the classic bookmaker look. However, the website can sometimes be slow to load, so that is the main reason why we place SBO behind Pinnacle.

BetInAsia – Best Bet Broker

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.

Sports betting apps

CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Trading Multiple Accounts

You can usually see if that’s the case or not, and the best of the brokers are almost always licensed somewhere. Licensed on the Isle of Man, SportMarket is open to customers from most countries (there are very few exceptions), and their service is outstanding. BetInAsia, BFB247, Sportmarket, and Orbit Exchange are well-known options. From the above-mentioned list of restricted countries, it can be clearly seen that the United States and its minor territories are banned by all the brokerages.

• BetInAsia and BFB247 are also competing in the race as their websites are fully compatible with mobile devices and are fast.
• Plus, when registering through BFB247, bettors can take advantage of cryptocurrency deposits, adding an extra layer of convenience and flexibility to their betting experience.
• Expert traders particularly appreciate Vantage’s lack of restrictions on trading robots or trading techniques.
• Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
• Roboforex minimum deposit is 10.Please note that any cryptocurrency availability with any broker is subject to regulation.
• While this can magnify profits, it also increases the potential for losses, which can exceed your initial deposit.
• You can bet on a variety of sports, including snooker, rugby, football, and cricket.

You can try different betting styles like handicap betting, over/under bets, and prop bets that might be hard to find elsewhere. That’s why BFB247 and BetInAsia are the favorites and highly recommended bet broker by Bestbettingagents.com. Closely followed by BFB247, BetInAsia delivers an almost flawless user experience. Together with the exclusive cashback offer via BestBettingAgents, BetInAsia Black delivers the product with the highest odds available. BetInAsia and Sportmarket also offers cashback and referral bonus to both new and existing users.

It’s highly recommended (if you are determined to spread bet) that you begin using Markets.com by using its free demo account. This allows you to test trades and get to grips with spread betting  without putting real money on the line. All fees are amalgamated into the actual spread, so keep track of it.

Understanding Betfair and Betting Exchanges

IG, CMC Markets and CIty Index are publicly listed spread betting brokers. IG leads the way with the largest selection of UK, US, and international shares available for spread betting. Beyond their vast range of stocks, IG offers powerful trading tools, including technical and fundamental signals via Autochartist and PIAfirst. You’ll also benefit from integrated news coverage, in-depth analysis, and economic diaries to track upcoming company reports. Overall, Spreadex is an excellent spread betting broker for those who want personal service and the ability to speculate on financial as well as sports markets. With a betting broker, you can take advantage of special discounts, deals, and offers.

Research and Analysis Tools

In short, the answer is a simple one, which involves spread betting brokers not having enough experience. Amateur or beginner traders are often guilty of over trading, over leveraging and not cutting their losses or running their profits. However, spread betting is not an easy way to make money, and should not be marketed or promoted as such. Find surebet your most suitable platform with our comparison tables of the best UK spread betting brokers. Explore how many markets they offer, how much it costs to trade major instruments, minimum deposits and what the overnight financing costs are for holding longer-term positions. Sportmarket, a prominent sports betting broker, made its debut in 2004.

How profitable is spread betting?

• Rather than keeping track of multiple bookmaker and betting exchange accounts, simplify things by operating them all through a single brokerage account.
• If you are not interested in reading the details, here are my overall ratings for each of them.
• Of course, your stop loss will be canceled if you close your position manually.
• In fact, winning players are more than welcome because they help to adjust the lines.
• Brokers give you more choices, while traditional bookmakers keep things straightforward.
• If you want to bet better and make more money, it’s important to know how betting agents are different from regular bookmakers.
• The platform also offers flexibility with stocks, ETFs, crypto and CFDs.
• Some spread betting companies focus on tight spreads on a few key markets.

You can expect a smooth experience and it is one of the fastest-growing betting brokerages out there. Overall, SportMarket is highly recommended if you’re looking for a great platform to place bets with the best bookmakers. We have tested some of the top bet brokers on the market and here are our top recommendations for serious sports bettors. Betting brokers save you time and effort by doing the comparison work for you. You don’t need to jump between different betting websites anymore. This makes it easier to find better odds and potentially win more money from your bets.

Popular Betting Brokers in the Market

• Depending on your investment strategy, that may include low-cost mutual funds or index funds, futures, options or shorts.
• Even though betting agents might not all work in exactly the same way, they do have one key thing in common.
• Cobra Trading is known for sophisticated trading tools and exceptional support to competitive day traders.
• The mechanics of spread betting on FX are very similar to those of trading FX.
• She has nearly a decade of writing experience focused on budgeting, investment strategies, retirement and industry trends.

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. 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.

What are betting agents?

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.