Best Spread Betting Brokers and Platforms

Cricket is the most popular sport for betting, with events like the Indian Premier League (IPL) and international tournaments drawing massive participation. Other sports like football (especially the English Premier League), kabaddi through the Pro Kabaddi League, and tennis also enjoy significant attention from bettors. To begin, visit the bookmaker’s website and click the “Sign Up” or “Register” button. You’ll need to provide basic details such as your name, address, date of birth, and email, and create a username and password. Some bookmakers may also require identity verification, such as uploading a photo ID, as part of their security process.

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Betting agents can be categorised based on the type of sport they provide brokerage services. With accessibility in mind, BET-IBC’s website is available in an impressive 31 languages, featuring a crisp and user-friendly interface. Optimized for mobile devices, it serves as an ideal tool for users on the go.

Similar to BET-IBC, the PremiumTradings platform provides high-quality tools, enabling bettors to scan odds across multiple bookmakers from one centralized location.
Others have very strict requirements on withdrawals, requiring all deposited money to be turned over 10-20x before it can be withdrawn.
So the sensibility of your spread betting strategy will boil down to your level of sophistication, knowledge and financial astuteness.
Then use stop-loss to automatically close your position at those levels.
They must also keep them all on rotation regularly to ensure they are on top of their portfolio.
Pepperstone is a very popular online trading platform for seasoned traders who handle forex, contract for differences and spread betting markets.

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But it really is a quality brokerage, and let’s mention some of the reasons. We have tested some of the top bet brokers on the market and here are our top recommendations for serious sports bettors. Sports betting is a popular and well-regulated industry in South Africa, governed by the National Gambling Act of 2004. The act requires operators to obtain licenses from provincial gambling boards, with oversight provided by the National Gambling Board (NGB).

Tradable Assets

Think Markets is FCA-regulated and offers several different options. Think Markets uses its own software designs, but you will also find spread betting via Meta Trader 4 and Meta Trader 5 available here. It’s highly recommended (if you are determined to spread bet) that you begin using Markets.com by using its free demo account.

How profitable is spread betting?

These add-on tools offer sophisticated charting capabilities and customizable features.
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However, at most, it is a few countries and in the case of bookmakers sometimes it is most countries in the world.
Therefore, the mobile version must be fully convincing in order to be able to compete in our test.
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.

On average, the ratio should approximately fall between 93 and 97 percent. The remaining amount is retained by the sports betting provider as a fee for their services. There are also promotions, for example, where a game is offered with a 100% payout rate. In this case, the odds are particularly attractive and the bookmaker has basically no winning margin left for this game. The odds ratios can differ from league to league, which is why our calculation represents an average value from the top leagues. We also repeat this calculation at certain intervals in order to be able to offer you the latest accurate numbers.

Markets

Forex spread betting is specifically focused on the currency markets, where you’re betting on the movement of currency pairs like EUR/USD or GBP/USD. Financial spread betting, on the other hand, covers a much broader range of markets, including stocks, indices, commodities, and bonds, in addition to currencies. FxPro is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and FxPro Edge. They also offer trading tools, third-party analysis and trader education. We compare brokers on their spreads, educational content, overall best broker, best for beginners and much much more. However, they will then offer other markets at less attractive prices, just to ensure they have a presence.

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This broker is regulated by the FCA in the UK, the ASIC in Australia, the FMA in New Zealand, and the MAS in Singapore. Trading volatile financial markets with Spread Betting Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Spread Betting Brokers to ensure a successful trading experience.

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We examine the range and depth of sportsbook offerings, including the variety of sports, competitions (from top-tier leagues to lower divisions), and betting markets available. Whether you’re interested in popular sports or niche events, our reviews give you the full picture of what each bookmaker has to offer. When choosing between different betting brokers, look at what each one offers. Comparing brokers like BFB247 and Sportmarket can help you find the right one for your needs. Betting brokers make betting better by connecting you to bookmakers worldwide. Whether you like popular sports or specific types of events, they offer something for everyone who enjoys sports betting.

FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade.
For example, if you find that a particular stock is experiencing a great rise, you can cut your exposure by trading the short price of the share.
For instance, not all bookmakers are allowed to operate in every country, and some countries only allow certain bookmakers.
With this said, it is important to remember that you will have to face some losses along the way.
Also, if you want to aim for a profit of £100, make the risk worthwhile.
(It might not be right to call it trading at all and just betting or gambling).
One of the main benefits of spread betting is that investors can trade with leverage, trading at greater exposure than their deposited amount.

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Depending on your country of residence, different betting sites may or may not be available and betting options may be more or less varied. This is due to every country (or even region) having its own set of rules and regulations when it comes to online sports betting. Here are some country specifics when it comes to sports betting at online bookies in different areas. What sets BetInAsia apart from competitors is that it only earns a commission from bookmakers based on the turnover generated from clients.

Payments at betting agents

Also called a sports betting broker, a betting agent is a middleman between a bettor and a betting site. Opening an account with a betting broker is as straightforward as with any online bookmaker. Choose an agent, open an account online or via a call, deposit funds (usually around 100 currency units), and you’re good to go.

Their platform isn’t the easiest to use, nor the prettiest, but it does have good odds and high limits.
These offers are presented right below as a list of all bookies available in your region.
Spread betting is a leveraged product, which means you can place a bet while only putting up a fraction of the full value of the position.
However, critics point out that this same leverage can amplify losses, potentially exceeding initial investments.
Overall, Vantage Markets is a good choice for spread speculators who are looking for a competitive and reliable broker.
The platform doesn’t currently integrate with Expert Advisors, but it has its own trading tools on board.
Many traders try to avoid this account type because it tends towards being risky and speculative.

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. So, if you’re a high-volume trader you’ll need significant capital. Also, while less relevant for day traders, if you hold a spread bet open overnight you may incur a charge (futures can be more cost-effective for longer-term trades). Spread betting is legal and regulated in several prominent countries, including Australia, Singapore, South Africa and Ireland.

You can see the working pattern of stop loss in the above graphical representation. When prices fall below a specified price that is worse than the current market level, a stop-loss order automatically closes the trader’s position. Once a position reaches a set level of loss, a stop-loss order automatically closes it. You will use your account to open positions, research new opportunities, add funds, and monitor your profits or losses.

Which markets does the betting site offer and focus on?

Golf continues to be a popular choice for bettors, offering outright betting markets and numerous tournaments worldwide. Its dynamic nature and range of betting options make it an exciting addition for punters. UK Spread Betting & Investing Platform IG is a pioneer in spread betting, offering FCA-regulation and access to over 17,000 instruments, ideal for serious traders. Another important factor that proves the usefulness of the broker to the player is the various types of tools available on the platform. Probably every advanced player uses portals, on which you can check the odds for a given event at different bookmakers in order to choose the optimal one.

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. All content here on BoldSharps.com should be seen as entertainment. This website, its owner and its writers are not responsible or liable for any personal decisions made by users and readers.

The platform has earned a reputation for its dependable service and excellent customer support. Traditional bookmakers handle everything themselves, while brokers connect you to many bookmakers for better options. BetInAsia makes betting better with its range of active markets and 0.1% cashback offer, helping you save money while betting. That’s why BFB247 and BetInAsia are the favorites and highly recommended bet broker by Bestbettingagents.com.

Find forex, stocks and shares, commodities such as gold and much more. These platforms give you access to industry-grade trading technologies such as technical indicators and customisable chart features. The most important thing to know about spread betting is that it is very similar to gambling.

Our spread betting brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
In terms of the range of sports available, BFB247, BetInAsia and Bookielink are way ahead of the other competitors.
The big bookmaker comparison at transfermarkt.com/betting reveals which bookmaker is the number one based on multiple factors.
BFB247 also covers pretty much any sport and plenty of leagues.
Other favorites include rugby, particularly during events like the Rugby World Cup, and cricket, with the ICC Cricket World Cup and local tournaments drawing attention.

Handball, while primarily popular in Europe, has gained recognition as a global professional sport. With its growing fanbase, bettors can explore various betting opportunities across leagues and tournaments. Rates, terms, products agent betting and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

The platform offers over 100 indicators as well as a huge range of drawing and analytical tools, making it highly customizable. The City Index broker charges an inactivity fee if you fail to open a position for 12 months. There are also funding costs for leveraged positions held overnight. Plus, you’ll benefit from some of the highest minimum spreads on the market. Traders can open positions by trading in major Forex pairs at as little as 0.2 points per slide. Commodities start at 0.05 points, while major indices like the S&P 500 start at 0.3 points.

Over the years, more and more bet brokers have arrived, and we now have a solid market. Still, the traditional names in the business, Sportmarket and AsianConnect, still rank as the best ones. So if you wish to get serious with your betting, you could consider signing up with one of them. The other ones mentioned in this article have good reputations too. Using a bet broker is very beneficial if you are serious about your sports betting.

As the market has moved in your favor by 28.25 points (1,809.15 – 1,780.90), you would be taking a profit of £847.50 (28.25 x £30). If you had kept your position open overnight, you would have had to pay funding charges. With our bets of £3 per point, this would mean our maximum loss would be £195, and our profit target is £390. Because there is no limit to how high the market will go, and there is no way to limit your losses unless you place a stop-loss order. Let’s say that instead of rising, the index falls to £7,902.62, leaving your spread bet open at a loss and triggering your stop loss.

When depositing and withdrawing, you can either use an e-wallet like Skrill or Neteller, or a cryptocurrency like Bitcoin or Tether. With all these factors covered, our bookmaker reviews provide comprehensive insights to help you choose the best site based on your needs. Whether you’re new to betting or looking for a better experience, our reviews ensure you’re fully informed about all aspects of the bookie you choose.

Spread betting forex brokers have devised various strategies for earning revenue from their customers, some indirectly and some directly. All this revenue, when amassed, makes spread betting a profitable industry and a valuable market in which an infinite number of new companies attempt to break through. It allows you to place trades that will only pay off if the market moves in your favour. Start by educating yourself about the leveraged derivative products to best use your spread betting account. Spread betting operates very similarly to leveraged derivatives, where you are trading large amounts of money and only paying small margins for the trades.

Plus500 also has a favorable commission structure, which means you can keep more of your profits when you make savvy deals. If you are unsure then you should seek independent professional advice before you apply or commit to any product application or plan. These are the number of points that your bet needs to move in a favourable direction for your bet to yield results. A +7 spread would mean the underdog is gaining seven points, written as +7 on the odds.

Ultimately, before entering the market, it is important to consider how you will manage your risk. As we mentioned above, spread betting is a high-risk trade with the potential to lose more than the money you initially invested. This is because spread betting uses leverage, and leverage amplifies both profits and losses.

The limits are also different for each bookmaker, which is why it is advisable to take a close look at the data. In addition, fees can also be charged, so you should definitely do your research with due dilligence before selecting a payment method. The majority of visitors to a sports betting provider’s website use a mobile device. Therefore, the mobile version must be fully convincing in order to be able to compete in our test. Some bookmakers offer an app for download, with the advantage that you don’t always have to enter the provider’s address in the browser and your settings are constantly saved.

Consumers are protected by Spread Betting Brokers regulation, critical to preventing inadequate services and potential financial harm. Effective customer service is an essential factor to consider when dealing with Spread Betting Brokers. Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Spread Betting Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Spread Betting Brokers. Also, ensure that your broker is regulated by the FCA and backed by the FSCS.

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