When choosing best spread betting brokers , you should make sure that it is properly regulated by a leading regulator like the FCA in the UK or the Central Bank of Ireland for Irish traders. This helps to minimize the risk of malpractice and scams, while it also ensures that your funds are in a safe location.

Traders should look for brokers that offer a simple and convenient account opening process that doesn’t require lengthy questionnaires or the use of social media profiles. They should also look for a convenient deposit and withdrawal options, including the ability to use credit cards and e-wallets. In addition, they should consider whether the broker offers an app for mobile trading.

Comparing Trading 212 vs eToro: Which Platform Is Right for You

The best spread betting brokers have a range of fundamental and technical tools that can assist with analyzing markets and making trading decisions. These include a range of charting formats, multi-chart toggling, and multiple technical indicators. They also need to provide support for automated trading and APIs.

City Index is one of the most established spread betting platforms around, offering a simple and transparent fee structure with no commissions and some of the lowest minimum spreads in the market. It is a popular choice among financial spread bettors thanks to its large selection of forex markets and FTSE 100, S&P 500, and Dow Jones indices. It is also a top option for spread bettors who want to trade commodities, with the ability to access spread betting quotes on a wide variety of global spot markets like gold, cotton, oil, and natural gas.