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Spread betting uk reviews mad cricket betting rates

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Spreadex also offer bets on credit. This means you can get started without having to deposit funds into your account. This means that instead of having to buy or sell above or below the spread, you can bet at the midpoint of the spread. Spreadex has a very successful financial trading side.

If you are doing well in sports spread betting, it may be worth checking out the financial side. This is where Spreadex are ahead of the competition as neither of their main rivals offer this service. At the time of writing, Spreadex, unfortunately, do not offer a free demo account for practising spread betting before you start with real money. They have been around since and now have over employees. Sporting Index offer markets on many different sports, politics, events, and online virtual games and casino games.

All of the sports markets offered by Sporting Index are as follows: American football, baseball, basketball, boxing, cricket, darts, football, golf, greyhounds, handball, horse racing, ice hockey, motor racing, rugby union, tennis and volleyball. Football is one of their most popular markets, and sub-markets include supremacy, goals, goal times, handicaps, correct score, and even own goal minutes. This is just a handful. They are well-trusted as they have been around for many years.

Users report that payouts are fast and reliable. The website itself is starting to look a bit dated. Personally, I am not a fan of the white text on a blue background, but that is up to the individual. They also offer a very reliable app for mobile devices so you can bet on the go. They also look back at previous events with statistical analysis to help you predict your next result.

You can check out the entire history of results for any particular sport through their Results Centre. This is a big help in looking up past events to help you pick your winners in the future. The customer service offered by Sporting Index is second to none. You can contact them via live chat, email or telephone. They are also very active on Twitter. Note that credit card deposits have a 1. Withdrawals are instant for both Skrill and Neteller but will take days for other methods.

This free trial lasts for 14 days and allows you to place practise bets. This can help you see how prices move throughout an event and teach you what to look out for when placing your bets. SportsSpread is an Ireland-based spread betting company. They have been around since the year , and have been online since They offer markets on American football, baseball, golf, football, tennis, cricket, rugby league, rugby union and horse racing.

SportsSpread have a handy Spread School where you can learn all about spread betting and get a few tips from the pros. Time will tell if this is the case. Being based in Ireland, they also offer markets on Gaelic football which the other two big sites do not offer. Their website is probably the worst looking out of the three sites reviewed here.

It is pretty dated and not particularly user-friendly. There is a turnover requirement for this bonus and is usually about three times your deposit value added to their top-up. You can still claim this rebate even if you win. This has led to a few horror stories online of people unable to withdraw their winnings. You can deposit funds online either through debit or credit card, although a fee applies for credit card deposits. Around there a lot of stories of people not being able to withdraw their winnings.

The company has changed hands since then but there is still a stigma surrounding them. There are a handful of other services out there that cater for spread betting. Most of these programs are tipster services that send out their best picks for the day. These programs will offer odds usually through the two main spread betting sites Spreadex and Sporting Index.

Some reviewers had a great trial month, making up a few hundred points. Our advice is always to make your own mind up when it comes to tipsters. It might be worth trialling a spread betting tipster yourself to get a handle on which selections they are looking for, and then start to make your picks. Sporting Index is the big daddy of the spread betting world.

They have excellent market options and their sign-up offer is probably the best in the industry. The website could be a little better looking, but this is down to personal opinion. For us, Sporting Index is the pick of the bunch, and our number one recommendation for sports spread betting in Spreadex is a great service offering good spreads and a great range of markets.

They have pretty much any market you could want and have great ease of use. While cryptocurrencies were available in the past, recent changes to FCA regulation have restricted the ability for retail traders to access crypto markets such as Bitcoin or Bitcoin cash. Pepperstone gained its reputation as one of the best brokers for ultra-tight forex spreads due to its NDD execution and top-tier liquidity providers. When spread betting forex, traders do not pay any flat-rate commission and therefore bet on spreads available to those using Pepperstone Standard account.

With the Standard account, Pepperstone offers minimum spreads as low as 1. The table below shows the average spreads for major currency available to spread bet with Pepperstone. Compared to brokers such as CMC Markets and FxPro, Pepperstone offers tighter average spreads on a wider range of fx pairs than its competitors. Data taken from broker website. Both platforms offer a good range of financial instruments as well as various technical analysis tools to develop spread betting trading strategies.

Trading tools and features available on both MT4 and MT5 include:. MT4 and MT5 are available as desktop platforms, web trader platforms or mobile and tablet forex trading apps that are compatible with iOS and Android devices. To deposit and withdraw funds from a trading account, customers can make bank transfers and use a credit card Mastercard and Visa.

The FCA ensures brokers follow UK regulation and that retail investor accounts are receiving a fair brokerage service. City Index is one of the best UK forex brokers with spread betting on a range of asset classes with 4, different financial products to bet on. When spread betting with City Index, customers can bet on a range of financial instruments that are competitively priced.

As shown above, the UK broker offers tight spreads, starting as low as 0. Although no commission fees are incurred when spread betting with City Index, traders do face overnight financing fees, inactivity fees for dormant accounts, and premiums for Guaranteed Stop Loss Orders GSLOs. To manage the high risk of spread betting, stop-loss orders and limit orders are available to lock in profits and minimise losses. As well as free order types, spread betters can pay a premium to place GSLOs.

GSLOs ensure positions are closed at the exact price selected by the trader, whereas stop loss and limit orders do not provide guarantees that the pre-selected prices will be matched. City Index offers two forex trading apps specifically designed for iOS and Android devices.

The fully functional and customisable apps provide most of the online platforms charting tools with 60 inbuilt technical indicators and multiple timeframes included. When spread betting with IG Markets, customers gain access to a range of CFDs along with a choice of trading platforms.

It should be noted that trading CFDs is not purchasing the underlying asset rather than focusing on the price movements of that asset. The beginner trading platform also offers trading apps designed for tablets and mobiles. For those wanting to use a third party spread betting platform, ProRealTime and MetaTrader 4 are other options.

When spread betting with IG Markets, customers can gain access to global markets and various asset classes. Available asset classes to spread bet include:. IG Markets proprietary software for beginners is a user-friendly, customisable platform suitable for all levels of trading experience.

The web trader platform can be accessed from any browser, while mobile trading apps are compatible with Android and iOS devices. Platform features available on both the web trader platform and trading apps include:. EAs allow users to automate trading, reducing the time spent conducting analysis and placing orders. IG Group is the largest retail foreign exchange broker, and so the training facilities are also ideally tailored for novice traders.

The Next Generation platform offers an intuitive, user-friendly trading environment that is available 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:. As a CMC Markets customer, traders can spread bet on over 9, financial instruments from forex, indices, commodity, share and treasury asset classes. Although no commission is charged on top of competitive spreads, traders incur fees for overnight financing, premium order types, and inactive trading accounts.

Spread betting costs include:. As well as an award-winning platform and impressive market access, CMC Markets provides an excellent range of educational resources to assist both novice and experienced spread betters. When spread betting on currency pairs, competitive spreads can be as low as 0. EAs save a traders time by automatically analysing markets and entering and exiting bets, eliminating the need for lengthy and complex technical analysis.

To analyse financial markets and determine spread betting opportunities, iPhone and iPad users can utilise the trading apps 30 technical indicators and 24 analytical objects. Spreadex is a UK broker that specialises in sports and financial spread betting. As well as spread betting on global markets such as forex and indices, Spreadex customers gain access to 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 brokers spread, with more correct a bet is, the more stakes a trader wins. To place bets on sporting events, traders can use an online trading platform or trading apps designed for mobiles and tablets Android and iOS. When spread betting on the go using the ThinkTrader mobile app, customers can place bets on instruments derived from forex, share, index, metal, and commodity assets. Purpose-built Android or iOS apps are available to download with the software considered one of the best proprietary mobile trading apps with 4.

While many mobile apps are restricted in regards to charting tools, ThinkTrader offers an extensive range of technical analysis tools including 10 chart types, 12 timeframes, 40 objects and technical indicators. Additional built-in mobile app features include:.

FxPro Edge users are provided with a professional trading environment with commission-free spread betting available on forex, share, index, energy and metal products. As with all spread betting in the United Kingdom, profits are tax-free and exempt from stamp duty and capital gains tax. As spread betting involves complex instruments and comes with a high risk of losing money, choosing a broker with strong risk management tools can be useful.

FxPro Edge users can place market orders as well as pending orders such as limit, stop-loss and take profit orders. Although trading tools such as Expert Advisors and customer indicators are not supported by FxPro Edge, the broker is looking to incorporate such features into the trading platform in the near future.

Additionally, segregated client funds ensure trading account balances are protected in the case of a broker being insolvent. Spread betting is a tax-free type of derivatives trading where retail investors speculate on whether market prices will rise or fall, without buying or selling the underlying asset. Traders select an amount to bet per point of price movement known as the stake, i.

If you are looking to trade CFDs instead, you can find more info here. Brokers quote a buy and sell price, with the spread being the difference between the two prices. When spread betting, if a trader thinks the market price will increase, they buy long , and if the market price is thought to decrease, a trader will place a sell trade short.

You can view the list of UK MetaTrader 4 broker to find the best spread betting broker offering this software. Spread betting is tax-free and seen as more tax-efficient than share or CFD trading. When comparing February spreads, commissions, trading platform and customer service it was clear that Pepperstone is the best broker. You should also select the Razor account which has the lowest trading fees and was compared to the other UK financial spread betting brokers above.

Once the account is opened you may be contacted by Pepperstone to provide assistance with trading or you can contact them at to experience their award-winning customer service based in London. Unlike sports spread betting, financial spread betting involves leverage allowing UK traders to trade on market volatility.

Below are the main elements to understand if your considering this trading type. Spread betting allows traders in Ireland or the United Kindom to bet on forex, ETFs, shares or commodities without owning the underlying asset. When traders make a financial spread bet they are speculating if the asset will rise or fall through a spread betting broker.

The main difference between trading CFDs and spread betting related to tax. The other main difference is that only CFDs use standardised contracts. Only a small number of brokers offers spread betting and must be FCA regulated. Not all traders such as those from the United States can trade with the brokers above with the list designed solely for UK and Ireland residents only.

This includes limiting leverage on all retail investor accounts depending on the underlying instrument traded.