It can be hard to find the best spread betting platforms, especially with so much conflicting information out there. The Traders Union’s team, who test and review all the most popular platforms has put together their best spread betting platform list for 2022 based on their experience.
Spread Betting is the next big thing, the future of stock market trading. Whether you are a beginner or an experienced spread bettor, setting up an account with the best spread betting platform is essential. The best spread betting platforms in 2022 will allow you to securely trade online from the comfort of your living room, bedroom, or any other room in the house.
Where to Find the Best Spread Betting Platforms in 2022
Spread Betting is a financial instrument that allows you to profit from fluctuations in the price of an asset without actually owning it.
The idea behind spread betting is that you can bet on both the rise and fall of an asset price, giving you more flexibility than traditional investing.
You can use spread betting to trade on indices, shares, commodities, and even cryptocurrencies. It’s a great way of getting into the markets if you don’t want to commit large amounts of capital or open an account with a broker that charges high fees for trading stocks and shares.
Spread betting can be intimidating at first but once you know how it works, it’s quite simple!
With spread betting, you can speculate on the future price of assets such as shares and commodities. In addition to this, you can also bet on whether an event will happen or not. For example, if you think that Apple will release a new phone this year, then you can place a spread bet on this happening. If it does happen as predicted, then you’ll make a profit from your bet.
Spread betting platforms are also known as spread gaming platforms. They’re essentially websites where people can place bets against each other using virtual money instead of real money. The idea behind these platforms is that they allow people to trade in different markets without actually buying or selling anything themselves — which saves them time and money while allowing them to retain ownership over their assets.
Trading Spread Betting Platforms
Spread Betting is a simple and cost-effective way to trade on the financial markets. It’s quick, easy, and allows you to trade with a small amount of money.
Because spread betting is not covered by the Financial Services Compensation Scheme (FSCS), it’s important to choose your spread betting platform carefully.
Spread Betting Providers
If you have never used a spread betting platform before, the first step is to find one that suits your needs. Traders Union has created a list of the top 12 spread betting platforms for 2022. At Traders Union you can read the reviews about forex brokers in the world. Check out the avatrade review from Traders Union’s experts.
There are several spread betting platforms around, but not all of them offer the same features. The following are some of the best spread betting platforms for you to choose from:
- CMC Markets
- City Index
- ETX Capital
Things to Consider While Choosing the Spread Betting Platform
The best spread betting platforms are those that offer the most efficient way for you to place your bets, get your winnings and keep track of their performance. Here are some things to consider when choosing a spread betting platform:
Fees – Spread betting platforms charge fees for every trade you make, which can add up to hundreds of pounds if you’re trading frequently. Look for low fees (between £1 and £2 per trade) and no inactivity fees.
Trading tools – Some platforms offer a wide range of trading tools while others only have basic features. The more advanced tools can help you make better decisions by providing real-time market data, n, news alerts, and charts.
Account size requirements – Some platforms require minimum deposit amounts before you can start trading, while others allow you to open an account with as little as £10. Make sure that the platform you choose has an account size requirement you can meet.
Benefits of the Best Trading Platforms
As a trader, you should have access to the best possible spread betting platform. The top platforms offer several benefits that can help you to make money and improve your trading skills. Some of these include:
Mobile trading – You can trade on the go with most platforms, which is great if you want to be able to keep an eye on your positions while you are away from your desk.
Charting – You can view all of your trades on one screen and see how they are performing at any given time. This makes it easy for you to check up on your positions when you’re away from your computer or mobile device.
Trading alerts – Many platforms allow you to set up alerts so that you will be notified when something happens in the markets that will affect one or more of your trades. This helps reduce the risk of missing out on important news or information about upcoming events in the market.