Spread Betting Companies

Spread Betting Companies
There are a number of spread betting companies that offer spreads on a wide variety of financial assets and it is important to consider which firms are able to provide the level of service, customer protection and markets that you expect.

This is not an inclusive review and spread betting may be available from other providers.

These comparison tables highlight some of the markets, account offers and services that are available through a selection of spread betting companies.

In order to keep this site free, and occasionally even make a profit, we do have commercial agreements with some of the brokers listed on this site.

We aim to be fair and impartial when we give an opinion. Of course, if you disagree with a company review, please let us know what you think. Alternatively, simply add your own thoughts on the relevant company page.


Spread Betting Platform Comparison

Financial Spreads ETX Capital Spreadex IG City Index
New Account Offer Financial Spreads Spread Betting Account Offer? ETX Capital Spread Betting Account Offer? Spreadex Spread Betting Account Offer? IG Spread Betting Account Offer? City Index Spread Betting Account Offer?
iPhone App Financial Spreads iPhone App? ETX Capital iPhone App? Spreadex iPhone App? IG iPhone App? City Index iPhone App?
iPad App Financial Spreads iPad App? ETX Capital iPad App? Spreadex iPad App? IG iPad App? City Index iPad App?
Android Apps Financial Spreads Android Apps? ETX Capital Android Apps? Spreadex Android Apps? IG Android Apps? City Index Android Apps?
Candlestick Charts Financial Spreads Candlestick Charts? ETX Capital Candlestick Charts? Spreadex Candlestick Charts? IG Candlestick Charts? City Index Candlestick Charts?
Credit Accounts Available Financial Spreads Credit Accounts Available? ETX Capital Credit Accounts Available? Spreadex Credit Accounts Available? IG Credit Accounts Available? City Index Credit Accounts Available?
Deposit Accounts Available Financial Spreads Deposit Accounts? ETX Capital Deposit Accounts? Spreadex Deposit Accounts? IG Deposit Accounts? City Index Deposit Accounts?
Stop Loss Available Spread Betting Stop Loss with Financial Spreads? Spread Betting Stop Loss with ETX Capital? Spread Betting Stop Loss with Spreadex? Spread Betting Stop Loss with IG? Spread Betting Stop Loss with City Index?
Stop Loss (Automatic) Financial Spreads - Automatic Stop Losses? ETX Capital - Automatic Stop Losses? Spreadex - Automatic Stop Losses? IG - Automatic Stop Losses? City Index - Automatic Stop Losses?
24 Hour Trading Financial Spreads 24 Hour Trading? ETX Capital 24 Hour Trading? Spreadex 24 Hour Trading? IG 24 Hour Trading? City Index 24 Hour Trading?
FCA Authorised and Regulated Financial Spreads - Regulated? ETX Capital - Regulated? Spreadex - Regulated? IG - Regulated? City Index - Regulated?
The above spread betting services / markets may also be available with other companies. Also see Comparison Table Notes.

Each company lets you benefit from the major advantages of spread betting such as:

  • Tax free trading* – There is no capital gains tax, no stamp duty and no income tax on spread betting. You are not actually buying and selling any stocks and shares or assets. You are simply speculating on the future price of the underlying financial market.

  • Low cost – There are no brokers’ fees or commissions

  • Speed of trading – When spread betting you don’t have to worry about finding another party wanting the opposing trade. The result is that trades are often accepted automatically or, at least, in the order of a few seconds. A very important benefit in fast moving, volatile markets.

  • Easy access to world markets – With the large range of financial markets on offer, spread betting gives you access to a wider range of options including stock market indices, currencies, gold, oil and even interest rates. Most spread betting firms also offer a range of international shares.

  • Shorting – Unlike traditional share trading, you can buy or sell a market. This means an investor can trade a market in the direction they feel the market will move; you are not restricted to only speculating on markets to go up. If your research leads you to think that a stock market index, like the FTSE 100 or Nikkei 225, will go down you can speculate on it to go down. If you think that the price of a particular share will go up, you can spread bet on it to go up.

  • 24 hour trading – The London Stock Exchange may close at 16.30 local time but with companies like FinancialSpreads you can spread bet on the FTSE 100 throughout the night. You can also trade a good number of other markets outside normal market hours.

  • Leveraged trading – this allows you to increase your potential profits for a smaller initial investment. This helps free up your capital. Note though that any losses are also multiplied and that you can lose more than your initial investment

* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.



Stock Market Index Comparison

Financial Spreads ETX Capital Spreadex IG City Index
FTSE 100 Daily Financial Spreads FTSE Daily ETX Capital FTSE Daily Spreadex FTSE Daily IG FTSE Daily City Index FTSE Daily
FTSE 100 Futures Financial Spreads FTSE Future ETX Capital FTSE Future Spreadex FTSE Future IG FTSE Future City Index FTSE Future
Wall Street (Dow) Daily Financial Spreads Wall Street (Dow) Daily ETX Capital Wall Street (Dow) Daily Spreadex Wall Street (Dow) Daily IG Wall Street (Dow) Daily City Index Wall Street (Dow) Daily
Wall Street (Dow) Futures Financial Spreads Wall Street Future ETX Capital Wall Street Future Spreadex Wall Street Future IG Wall Street Future City Index Wall Street Future
DAX 30 Daily Financial Spreads DAX 30 Daily ETX Capital DAX 30 Daily Spreadex DAX 30 Daily IG DAX 30 Daily City Index DAX 30 Daily
DAX 30 Futures Financial Spreads DAX 30 Future ETX Capital DAX 30 Future Spreadex DAX 30 Future IG DAX 30 Future City Index DAX 30 Future
S&P 500 Daily Financial Spreads S&P 500 Daily ETX Capital S&P 500 Daily Spreadex S&P 500 Daily IG S&P 500 Daily City Index S&P 500 Daily
S&P 500 Futures Financial Spreads S&P 500 Future ETX Capital S&P 500 Future Spreadex S&P 500 Future IG S&P 500 Future City Index S&P 500 Future
Other Indices Financial Spreads More Indices? ETX Capital More Indices? Spreadex More Indices? IG More Indices? City Index More Indices?
The above spread betting markets may also be available with other companies. Also see spread betting comparison notes.

For more details on trading stock market indices also see guide to spread betting on indices.


Forex Comparison

Financial Spreads ETX Capital Spreadex IG City Index
Dollar/Yen Daily Financial Spreads Dollar/Yen Daily ETX Capital Dollar/Yen Daily Spreadex Dollar/Yen Daily IG Dollar/Yen Daily City Index Dollar/Yen Daily
Euro/Dollar Daily Financial Spreads Euro/Dollar Daily ETX Capital Euro/Dollar Daily Spreadex Euro/Dollar Daily IG Euro/Dollar Daily City Index Euro/Dollar Daily
Euro/Sterling Daily Financial Spreads Euro/Sterling Daily ETX Capital Euro/Sterling Daily Spreadex Euro/Sterling Daily IG Euro/Sterling Daily City Index Euro/Sterling Daily
Sterling/Dollar Daily Financial Spreads Sterling/Dollar Daily ETX Capital Sterling/Dollar Daily Spreadex Sterling/Dollar Daily IG Sterling/Dollar Daily City Index Sterling/Dollar Daily
Sterling/Euro Daily Financial Spreads Sterling/Euro Daily ETX Capital Sterling/Euro Daily Spreadex Sterling/Euro Daily IG Sterling/Euro Daily City Index Sterling/Euro Daily
Other Forex Financial Spreads Other Forex ETX Capital Other Forex Spreadex Other Forex IG Other Forex City Index Other Forex
The above spread betting markets may also be available with other companies.

For more details on trading foreign exchange rates see guide to forex spread betting.


Shares Comparison

Shares

Financial Spreads ETX Capital Spreadex IG City Index
FTSE 100 Shares Financial Spreads FTSE 100 Shares ETX Capital FTSE 100 Shares Spreadex FTSE 100 Shares IG FTSE 100 Shares City Index FTSE 100 Shares
FTSE 250 Shares Financial Spreads FTSE 250 Shares ETX Capital FTSE 250 Shares Spreadex FTSE 250 Shares IG FTSE 250 Shares City Index FTSE 250 Shares
Wall Street Shares Financial Spreads Wall Street Shares ETX Capital Wall Street Shares Spreadex Wall Street Shares IG Wall Street Shares City Index Wall Street Shares
S&P 500 Shares Financial Spreads S&P 500 Shares ETX Capital S&P 500 Shares Spreadex S&P 500 Shares IG S&P 500 Shares City Index S&P 500 Shares
NASDAQ 100 Shares Financial Spreads NASDAQ 100 Shares ETX Capital NASDAQ 100 Shares Spreadex NASDAQ 100 Shares IG NASDAQ 100 Shares City Index NASDAQ 100 Shares
DAX 30 Shares Financial Spreads DAX 30 Shares ETX Capital DAX 30 Shares Spreadex DAX 30 Shares IG DAX 30 Shares City Index DAX 30 Shares
CAC 40 Shares Financial Spreads CAC 40 Shares ETX Capital CAC 40 Shares Spreadex CAC 40 Shares IG CAC 40 Shares City Index CAC 40 Shares
Irish Shares Financial Spreads Irish Shares ETX Capital Irish Shares Spreadex Irish Shares IG Irish Shares City Index Irish Shares
Other Shares Financial Spreads Other Shares ETX Capital Other Shares Spreadex Other Shares IG Other Shares City Index Other Shares
The above spread betting markets may also be available with other companies. Also see financial spread betting comparison notes.

For more details on trading equities see guide to spread betting on shares.


Commodities Comparison

Financial Spreads ETX Capital Spreadex IG City Index
Gold Daily Financial Spreads Gold Daily ETX Capital Gold Daily Spreadex Gold Daily IG Gold Daily City Index Gold Daily
Gold Futures Financial Spreads Gold Future ETX Capital Gold Future Spreadex Gold Future IG Gold Future City Index Gold Future
UK Crude Oil Daily (Brent) Financial Spreads UK Oil Daily (Brent) ETX Capital UK Oil Daily (Brent) Spreadex UK Oil Daily (Brent) IG UK Oil Daily (Brent) City Index UK Oil Daily (Brent)
UK Crude Oil Future (Brent) Financial Spreads UK Oil Future (Brent) ETX Capital UK Oil Future (Brent) Spreadex UK Oil Future (Brent) IG UK Oil Future (Brent) City Index UK Oil Future (Brent)
US Crude Oil Daily (WTI) Financial Spreads US Oil Daily (WTI) ETX Capital US Oil Daily (WTI) Spreadex US Oil Daily (WTI) IG US Oil Daily (WTI) City Index US Oil Daily (WTI)
US Crude Oil Future (WTI) Financial Spreads US Oil Future (WTI) ETX Capital US Oil Future (WTI) Spreadex US Oil Future (WTI) IG US Oil Future (WTI) City Index US Oil Future (WTI)
Other Commodities Financial Spreads Other Commodities ETX Capital Other Commodities Spreadex Other Commodities IG Other Commodities City Index Other Commodities
The above spread betting markets may also be available with other companies. Also see spread bets comparison notess.

For more details on trading commodities like Gold and Crude Oil see guide to commodities spread betting.


Bonds Comparison

Financial Spreads ETX Capital Spreadex IG City Index
BOBL Future Financial Spreads BOBL Future ETX Capital BOBL Future Spreadex BOBL Future IG BOBL Future City Index BOBL Future
Bund Future Financial Spreads Bund Future ETX Capital Bund Future Spreadex Bund Future IG Bund Future City Index Bund Future
Gilt Future Financial Spreads Gilt Future ETX Capital Gilt Future Spreadex Gilt Future IG Gilt Future City Index Gilt Future
Schatz Future Financial Spreads Schatz Future ETX Capital Schatz Future Spreadex Schatz Future IG Schatz Future City Index Schatz Future
US T-Bond 10 Year Future Financial Spreads US T-Bond 10 Year Future ETX Capital US T-Bond 10 Year Future Spreadex US T-Bond 10 Year Future IG US T-Bond 10 Year Future City Index US T-Bond 10 Year Future
US T-Bond 30 Year Future Financial Spreads US T-Bond 30 Year Future ETX Capital US T-Bond 30 Year Future Spreadex US T-Bond 30 Year Future IG US T-Bond 30 Year Future City Index US T-Bond 30 Year Future
The above spread betting markets may also be available with other companies. Also see spread betting comparison notes.


Short-Term Interest Rates Comparison

Financial Spreads ETX Capital Spreadex IG City Index
Euribor Future Financial Spreads Euribor Future ETX Capital Euribor Future Spreadex Euribor Future IG Euribor Future City Index Euribor Future
Eurodollar Future Financial Spreads Eurodollar Future ETX Capital Eurodollar Future Spreadex Eurodollar Future IG Eurodollar Future City Index Eurodollar Future
Euroswiss Future Financial Spreads Euroswiss Future ETX Capital Euroswiss Future Spreadex Euroswiss Future IG Euroswiss Future City Index Euroswiss Future
Short Sterling Future Financial Spreads Short Sterling Future ETX Capital Short Sterling Future Spreadex Short Sterling Future IG Short Sterling Future City Index Short Sterling Future
The above spread betting markets may also be available with other companies. Also see spread bet comparison notes.


Why Financial Spread Bet?

Financial spread betting has many advantages, not just the risk management aspects mentioned above. To start with, you can financial spread bet on a wide range of asset classes such as:

Also, unlike traditional share trading, you are able to sell a market. Financial spread betting offers you the option of trading in either direction. This means that:

  • If your research leads you to think that the price of Gold is going to increase then you can financial spread bet on it to move higher
  • Should you believe that the price of a barrel of oil is going to fall, you can ‘short’ the market, ie speculate on the crude oil market to drop.
Furthermore, be aware that financial spread bets are not subject to tax*. You don’t buy or sell any actual resources, shares or assets. Instead you are only betting on the future value of a given market.

In addition to tax free trading, note that, in contrast with traditional share trading, your trades don’t incur commissions or brokers’ fees. Although if you keep your trade open and roll it over to the next day then there is often a small charge, see guide to rolling daily spread bets.


About Spread Betting

Spread betting is a financial service that can be offered as an alternative to traditional stock market trading and does not require the physical or electronic transfer of assets between the two concerned parties.

Instead, an investor decides whether to ‘go long’ or ‘short’ of the asset, betting on it to move up or down respectively, based upon their estimation of the current market conditions and the assets present value.

This can lead to either a profit, if the spread bettor predicted accurately, or losses, if the direction moved by the asset’s value was counter to the trader’s expectations.

As a brief example, if an investor risked £2 per point on a spread bet and the assets value was to move by 14 points then there would be either a profit of £28 made, if the trader was correct, or a loss of £28 if they were not.

One of the simplest markets, and certainly the most popular spread betting market, is the FTSE 100, ie spread betting on whether the FTSE 100 Index will go up or down. For more details and worked examples see FTSE 100 spread betting guide.


Important Spread Betting Comparison Notes / Company Markets Comments

  1. New Accounts with spread betting companies are subject to Status, Suitability and Identity checks

  2. Spread Betting New Account Offers are subject to Status, Terms and Conditions

  3. Credit Accounts are subject to proof of liquid funds and terms and conditions. Such terms and conditions will vary from firm to firm. If Credit Accounts are not available, that means only Deposit Accounts are offered by the firm in question

  4. 24 hour trading refers to trading hours of “late on Sunday night to Friday evening”. Trading hours are also subject to public holidays and will vary from firm to firm. Note that not all markets will be available for 24 hour trading, eg the FTSE 100 Index ‘After Hours’ trading may close at 21.00 UK Time but some FX Majors will still be available.

  5. The data on this site, including the comparison tables, is subject to change without notice or warning and given without warranty. Also see our website terms and conditions.

  6. Last update of spread betting services and market data:

    • City Index, 11 August 2014
    • CMC Markets, 11 August 2014
    • Financial Spreads, 11 August 2014
    • IG, 11 August 2014
    • InterTrader, 11 August 2014
    • SpreadCo, 22 March 2010
    • Spreadex, 11 August 2014
    • Tradefair, 11 August 2014

  7. ‘FSA Authorised and Regulated?’ refers to whether the firm is Authorised and Regulated by the Financial Services Authority

  8. Selection represents that the company authorised and regulated by the Gibraltar Financial Services Commission

  9. Selection represents that whilst no daily market is available the futures spread is often similar or tighter than the daily spread quoted by other firms

  10. Selection represents that a ‘Selection’ of markets are available eg a spread betting company may offer a ‘Selection’ of markets on companies listed in the S&P 500 but not necessarily a market on every company listed in the S&P 500

  11. Market availably is subject to change without notice

  12. For full details, always check with the relevant spread betting company’s ‘product information pages’

  13. Information disclaimer, also see: Terms and Conditions

  14. This website, and the comparison tables on it, are not meant to be inclusive – spread betting services may also available with other companies




User Questions and Answers on Spread Betting Companies

Leave a Reply