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Updated 27 Jul 2022
1st

Spreadex

Trader Rating
Open Account 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Full Review
Strengths
  • Spreadex has been around for a long time
  • It is known as a reliable company
  • Both iOS and Android apps are available
  • A large number of markets are on offer
Weaknesses
  • No e-wallets available for deposits and withdrawals at the moment
£1 Min Deposit
Good App Support
1:1 Max Leverage
69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
2nd

Smarkets

Trader Rating
Strengths
  • Strong app and clean, concise website functionalities
  • UKGC and MGA licensed and regulated
  • Different payment methods, including Neteller and Skrill
£10 Min Deposit
Good App Support
3rd

Football Index

Trader Rating
Strengths
  • Unique ‘trading’ platform
  • Easy-to-use website for beginners
  • Free apps, which add to the experience
  • Opportunity to maximise your football knowledge
Weaknesses
  • Insufficient number of payment methods
  • In need of more advanced technical analysis tools
£10 Min Deposit
Good App Support
4th

Betfair

Trader Rating
Strengths
  • A perfect blend of traditional betting and online trading
  • With one of the biggest user-bases of any betting website, the live betting exchange market is highly liquid
  • Excellent customer service with low wait times
  • One of the most highly trusted websites around
Weaknesses
  • The layout of the website is slightly cluttered
  • Welcome bonuses and promotional offers could improve
  • More transparency and educational content required
£0.10 Min Deposit
Good App Support
5th

Sporting Index

Trader Rating
Strengths
  • Sporting Index is the oldest spread betting company in the UK
  • It is regulated by the FCA, which makes it reliable
  • Its app is on both Google Play and the Apple App Store
  • It offers a very comprehensive list of markets
Weaknesses
  • Its sports choice does not match up to its market choice
  • It does not offer the ability to live stream events
£10 Min Deposit
Mid App Support

Gambling on the outcome of sporting events is a popular pastime, and numerous sports trading brokers that enable the transactions are competing for custom. The service they provide is a sophisticated way of betting on the result of sports fixtures that allows gamblers to sell a position before an event finishes. It can be compared with investing in shares, the object being to buy low and sell high.

When selecting a sports trading broker, you should thoroughly conduct research and only consider professional looking websites. Before deciding which is the best sports betting broker for you, check out payment methods, fees, offers and support offered by the broker, as well as user reviews.