How to Choose the Best Spread Betting Platform
When deciding upon which financial best-spread betting platform to trade with, traders should consider what types of markets they will primarily be trading in and how their broker’s fees will impact their trading profits. As well as the spreads themselves, traders should also look at the quality of the trading platforms, the range of markets available and any extra features that the brokers may offer to entice new customers.
The UK based broker, City Index is a popular choice amongst traders who like to bet on shares as they do not charge commission when you spread bet. They have a number of markets to choose from and the minimum spread for the FTSE 100 is just 0.5 points. The broker is FCA regulated and offers a good mix of tools to help traders make informed decisions.
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IG is an established spread betting broker who has been around since 1974 and provides one of the most advanced trading platforms. Their internal matching can result in better liquidity than on the underlying market and they also provide dedicated support for high net-worth traders with personal dealers assigned to their accounts. IG offer competitive fixed spreads on their CoreTrader and TradeView platforms and on most major FX pairs on MT4.
AvaTrade is another UK-based broker that offers a wide range of FX markets including some very popular indices like the FTSE 100 and S&P 500. The broker is highly regulated and supports a variety of payment methods like debit/credit cards and selected e-wallets.
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