When selecting a Spread Betting company there are three key considerations:
- Are you looking for Sports or Financial betting
- Download or online access
Ratings and reviews are important, but dont be blinded by free bonus codes or vouchers for SpreadBet companies. UK companies are highly regulated, extremely safe and are obliged not to offer incentives that would tempt unsuitable customers.
For information and reviews of the services offered by spread betting companies throughout Great Britain see the guide below.
FinSpreads are one of the longest established true Spreadbetting companies, with internet and telephone based trading. World Spreads are based in Dublin and offer a tax-free way to play all the main financial markets. No capital gains tax and no income tax.
FinSpreads offer Financial betting only, not Sports betting, but are highly rated in the UK by all our customers. Reviews are consistently favourable. FinSpreads are based in Dublin, were established in 2000, and you can deal by telephone or online.
With Worldsreads you pay no commissions or other fees when you trade and all profits you make are free of capital gains tax.
FinSpreads Group is publicly quoted on the AIM market in London and on the IEX market in Dublin.
Best for: Security and tax free status
Financial Spreads offer very tight spreads, 24 hour a day trading, and a range of markets from commodities, oil and gas, FTSE stocks and all the main financial markets. New customers benefit from a free deposit of £70 into their account to place their first bets.
As with FinSpreads, Financial Spreads offer only financial betting, not Sports. We heavily recommend one of these accounts as a backup. As a rule, it pays to have a minumum of 4-5 accounts open so that you can rotate between them and use arbitrage opportunities. For example, gold is quoted at 1200 in Financial Spreads and at 1190 at FinSpreads. You can buy one, sell at another and make guaranteed profit.
Best for: free joining bonus (£70 / €100)
BetOnMarkets allows you to play all the main Financial Markets of the world using all bet sizes, starting at just £1 / €1 / $1. For those that are new to the markets the Up/Down bet lets you simple decide whether the market will finish up that day, and make significant winnings if correct.
BetOnMarkets is extremely easy to use, which is why it is often a favourite for people that have done little online spreadbetting in the past.
The company is based in the UK and Isle of Man at First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man, British Isles. It is licenced and regulated by the Gambling Supervision Commission in the Isle of Man.
Frequent bonuses are applied to new accounts. See the website for the latest offers.
Best for: quick start financial bets with low risk
BetDAQ is an automated betting exchange that removes the bookmaker, so you are betting only against other players. One of our customers quoted it as “a punting paradise”, and it is very commonly used for betting arbitrage, where you can make a win out of other punters' poor judgement.
BetDAQ targets mainly Sports rather than Financial Betting. For more information and reviews of Sports SpreadBetting sites see the Sports Arbitrage and spreadbetting page
A big advantage of BetDAQ is that it offers truly global coverage, with sports betting on American football, Hockey, Darts and Snooker, as well as more traditional sports like Golf or Soccer.
Best for: huge range so perfect for bet arbitrage.