UK Spread Betting Companies
Best UK Spread Betting Firm
Spread betting was invented in the UK in 1974 and offers customers financial leverage to to trade on financial derivatives and instruments. Their pay-off is determined by the accuracy of their wager multiplied by the stake size.
Many of the largest spread betting firms operate within the UK and provide traders access to a range of popular UK financial indices such as the FTSE 100, FTSE 250, FTSE 350 and UK 100 Rolling Daily. In total, Capital Spreads offers spreads on more than 2,500 global markets including shares, commodities, interest rates, indices and more.
Best UK Spread Betting Platform: Capital Spreads
Capital Spreads is heavily regarded as the best UK spread betting firm, with excellent customer service, wagers from £1 and tight spreads across the FTSE, UK Rolling Daily and Dow Jones financial markets.
Capital Spreads is fully licensed by the FSA and was voted the “Financial Betting Operator of the Year” at the 2010 EGR Awards. Overall, Capital Spreads have consistently been rated the most best and most reliable online trading platform by UK customers and online communities.
About Capital Spreads – Why should you join?
Capital Spreads was launched in 2003 and is owned by the London Capital Group, an AIM listed Financial Services organisation.
The main reason why Capital Spreads is so successful is because their online trading platform is extremely reliable and easy to use. Capital Spreads offers trades from just £1 per pip, and their online trading platform is very functional and provides excellent customer support.
Mobile Trading App
In 2009, Capital Spreads also launched their own iPhone trading app which allows you to make safe, secure trades through your mobile and access your account on the go. From my experiences, the Capital Spreads iPhone app has been very handy, works well on the iPhone and the ability to view your account details, open/close trades (inc stop-losses and OCOs) and access a range of technical charts is quite impressive. Trades placed on the mobile are also reliable and confirmed straight away. You couldn’t really ask for more from a mobile platform!
Capital Spreads Platform and Markets
When you open close at Capital Spreads your trade is confirmed within seconds and there are no issues with re-quotes (like you might find at other companies).
Capital Spreads typically offers tighter spreads than any other platform, particular on UK Spread Betting markets such as the Rolling FTSE (1 point spreads) and 1 point on Rolling Daily UK 100. Tight spreads mean less commission charges and more profit for your opening trades.
|Capital Spreads Tightest Spreads|
|Rolling Daily UK 100||1 point|
|Rolling Daily DAX||1 point|
|UK 100 shares||0.1%|
|Rolling Daily Wall Street||2 points|
|Rolling Daily €/$||1 points|
|Rolling Daily £/$||2 points|
|Brent crude oil||5 points|
Low Margin Requirements and Minimum Deposits
Capital Spreads offers very low margin requirements (the amount that you need to deposit in your account before you can open a trade) and has no minimum deposits. This is excellent for first time traders as it means that you deposit just £30 into your account and open a £1 Rolling Daily UK 100 trade. Other firms, such as Tradefair, have minimum deposit requirements of £50 – £100.
Open a Capital Spreads Demo Account
If you’re not yet ready to begin trading for real money than Capital Spreads offers an online Demo account. The Capital Spreads Demo account allows mirrors the real online trading platform and gives you £10,000 in Money to play around with. This allows you to become comfortable with the Capital Spreads platform whilst giving you experience executing trades, stop-losses, editing your positions and using the technical charts and trading tools. On average, around 12% of all Demo account users choose to deposit and open a live Capital Spreads account.
Capital Spreads will also give you a £100 bonus when you make a minimum deposit of £250 and place five non-equity trades within one month of opening a live account.