Best Bet Brokers in 2024 Top Options for Winning Players

73% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

What the betting broker offers and why it’s a premium value

We love bet brokers because they are highly practical and because they give winning players a chance to bet without getting personal limits. Bet In Asia is a great option for both small players and serious sharps. You can expect a smooth experience and it is one of the fastest-growing betting brokerages out there. You can get access to the BLACK trading platform when you’re signed up with Bet In Asia. You can also get a private account with Pinnacle, ISN, 18bet and others. Alternative options are their Skype betting solution – or access to the OrbitX Platform which is powered by Betfair.

• You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
• Comparing the UK financial spread betting brokers is crucial because some provide different markets.
• It offers advanced order types on a wide range of order types and strategic trade execution.
• It also offers a set of diverse open positions to work with, e.g., commodities, stocks, FX, and indices.
• The growing popularity of betting on boxing reflects its resurgence as a thrilling sport.
• One of the main advantages of using Sportmarket is the ability to place large bets from a pool of liquidity provided by partnered betting sites.
• Financial spread betting markets, while also offering substantial liquidity, have more varied trading hours depending on the market and region.
• Beginners love Vantage for its unlimited demo accounts and webinars.

Deposits

Match your preferences to a broker that suits your style and can give you a frictionless trading experience. Demo accounts also provide a great opportunity to learn about the platform itself. You can try out the various tools that City Index offers to ensure you are comfortable with the interface. In addition to the sports book and the odds, we test many other criteria.

Advantages of Using a Betting Agent or a Broker:

This makes it much easier to find the best deals and make smarter bets. Betting brokers let you place bigger bets more easily than regular bookmakers. They connect you to many betting sites through one account, which means your large bets attract less attention than they would with a single bookmaker. Complementing their advanced betting solutions, BookieLink provides a suite of tools designed for optimal account management, precise bet tracking, and real-time market insights. These tools are made to ensure a fluid and efficient betting experience, reflecting BookieLink’s commitment to meeting the diverse needs of their clientele. Bookielink provides a wide range of communication mediums to reach customer support.

Quick Look: Best Spread Betting Brokers

The platform has earned a reputation for its dependable service and excellent customer support. BetInAsia and Sportmarket also offers cashback and referral bonus to both new and existing users. Bookielink falls behind in the race because of not offering any promotional offers. In terms of the range of sports available, BFB247, BetInAsia and Bookielink are way ahead of the other competitors.

Best for Advanced Traders: FxPro

Spread betting is, in some ways, no different from traditional financial investing. However, it involves more speculation and investments are not designed to be held long-term. Speculating on the financial markets is no different from making a bet, or gambling. There’s one unique situation where you can almost guarantee that your spread betting trade will make a profit for you. Your spread size is calculated as the difference between your buying and selling price. Your potential profit or loss is decided by the degree of ‘points of movement’, just as with stocks and shares.

What are betting agents?

You are betting that something will happen without having certainty that this will be the case. Remember that gambling is an addictive habit that affects your personality, matched betting calculator and the vast majority of gamblers lose over time. In simple ways, you’re looking for platforms or markets that our selling something for cheaper than in other places.

What is the difference between a betting agent and a betting broker?

Great platforms where you can always bet the top odds available on the market. That allows you to optimize your chances of winning in the long term. Sportmarket is a European-based sports betting brokerage, founded in 2004 and regulated in the Isle of Man since October 2019.

How to register a betting account with an online bookmaker

Its powerful platform and potentially free stock borrowing help you execute complex strategies. TradeZero also offers advanced trading tools and 24/7 live customer support to seal its position as one of the top online stock brokers. At Public, stock and ETF trades are commission-free, offering $0 commission trading on self-directed individual cash brokerage accounts that trade U.S. listed securities placed online. While trades are free of commissions, other fees may apply, such as regulatory fees, subscription fees, wire transfer fees and paper statement fees.

Commission Charges

• When betting on sports, it helps to know how betting brokers and traditional bookmakers differ.
• If you are able to bet the market by 5% and you have large amounts to bet, these companies will be standing in line to place your bets, but for obvious reasons, we cannot mention them here.
• They do, however, have more uneven odds on many events, which you can take advantage of as long as it lasts.
• This multi-channel interface delivers real-time odds and allows users to place aggregated orders at the highest liquidity in milliseconds.
• Traders can trade CFDs on over 4500 shares and over 65 global currency pairs.

They are primarily focused on Asian handicaps and totals, just as the name suggests. But it really is a quality brokerage, and let’s mention some of the reasons. Overall, SportMarket is highly recommended if you’re looking for a great platform to place bets with the best bookmakers. It is our favorite betting site when all things are considered.

Day Trading Through Spread Betting

• Choose an agent, open an account online or via a call, deposit funds (usually around 100 currency units), and you’re good to go.
• Other sports like football (especially the English Premier League), kabaddi through the Pro Kabaddi League, and tennis also enjoy significant attention from bettors.
• When you’re looking to get started with spread betting, there are a few key factors you should consider.
• Getting the best odds and having the best liquidity is crucial in matched betting.
• Effective customer service is an essential factor to consider when dealing with Spread Betting Brokers.
• Forex spread betting requires an understanding of the factors that influence currency movements, such as economic indicators, political events, and central bank decisions.
• It operates as a platform where players engage in risk-free betting against each other.

For example, there are no commissions for commodities, indices and currency pairs. But note that all forex charges are also impacted by the spread itself. IG is a reputable brokerage company that offers access to 17,000 markets worldwide. In this guide I’ve put together the best spread betting companies operating in the UK. Over the past two decades, darts has experienced a significant surge in popularity, with a rapidly growing global fanbase. This rise has brought an abundance of darts betting options, now widely available across sportsbooks.

Best for Active Investors: Moomoo

Betfair brokers profit by retaining a portion of the commission from your successful wagers. Many brokers also provide access to multiple bookies for added convenience. 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. The website also provides useful tools such as an odds converter, calculators, and tutorials on various subjects, enhancing the overall user experience.

Services Overview

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. Horse racing also holds a significant place in South African betting culture. 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. The minimum withdrawal amount is £100 for bank transfer, or £10 for debit card. There is no minimum deposit to get started, if funding your account through a bank transfer.

What You Should Consider Before Choosing A Spread Betting Broker

The most widely available platforms we see are TradingView, MetaTrader 4, MetaTrader 5 and cTrader. Pick a broker that offers spread betting on the financial markets you’re interested in. This contrasts sharply with betting brokers, who welcome professional bettors and don’t restrict winning players. The traditional bookmaker model is fundamentally designed to profit from losing players while actively discouraging winners. A key aspect of traditional bookmakers is their active management of customer accounts.

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). 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. There are some other bet brokers that don’t operate on the open market but rather through recommendations. If you are able to bet the market by 5% and you have large amounts to bet, these companies will be standing in line to place your bets, but for obvious reasons, we cannot mention them here. Another big name in the betting brokerage industry is Bet In Asia.

It empowers investors to copy the trades of successful investors through social features. The platform also offers flexibility with stocks, ETFs, crypto and CFDs. While popular for crypto, eToro offers multiple asset classes, including stocks, ETFs, options, cryptocurrencies and CFDs (subject to regulation). Webull offers a user-centric platform with commission-free trading and a variety of tools to support active traders. It is perfect for intermediate and advanced traders with its intuitive mobile and desktop apps featuring advanced charting and technical analysis tools.

It also allows you to transfer cryptocurrency holdings off the platform. EToro’s active community makes it a good option for people who want to learn from experienced crypto traders or copy the trades of popular investors. You can also invest in prebuilt portfolios curated by eToro’s investment team or other successful investors.

• The platform’s user-friendly nature and speedy spread betting execution make it a solid choice for those looking to act on their market insights quickly.
• There’s nothing more frustrating than a platform that crashes or lags during peak trading hours.
• BookieLink, owned by Intraseculink Ltd and licensed by the Curacao Gaming Authority, stands as a distinguished sports betting brokerage with over a decade of sports betting expertise.
• This feature facilitates the efficient management of significant stakes with speed and ease.
• Placing bets can be a lot smoother when you use a betting agent.
• Their platform isn’t the easiest to use, nor the prettiest, but it does have good odds and high limits.

Markets.com has a spread-only pricing model, meaning you don’t have to pay traditional trading commissions. Today, it is known for its competitive spreads, fast execution, and reliable platform. It’s important to ensure your Spread Betting Brokers provide complimentary resources such as analysis, education, and risk management tools.

An industry-leading 17,000+ markets, including 51 currency pairs, 38 commodities, 34 indices, and over 10,000 UK and foreign stocks, are available for traders to wager on with IG. With Vantage, you can trade thousands of financial instruments with the MetaTrader 4 trading platform from desktop, web, or mobile devices. You get access to over 30 drawing tools, over 80 built-in technical indicators, and multiple chart types. Between 74-89% of retail investor accounts lose money when trading CFDs. By comparing these essential features, you can choose a spread betting broker that best suits your needs and preferences for spread betting.

• This is particularly true when trading CFDs or spread bets – both of these forms of trading are offered by Markets.com.
• We ‘sell’ our position at the new bid price, ideally around 3350, netting us a 50-point gain.
• This means you can bet on lots of different sports with good odds.
• The new broker will then coordinate with your old broker to transfer assets and funds seamlessly to your new account.
• You are not buying or selling underlying financial assets when spread betting, your spread bet speculation is with your broker.

Any fraudulent behaviour with Spread Betting Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate. The best rated Spread Betting broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Another good choice when looking for Spread Betting Brokers is Roboforex. Roboforex Segregates clients funds and offers over instruments. Selecting Spread Betting Brokers at the forefront of innovation and considered an industry leader is crucial.

You get access to more sports, can bet more money, and find better odds. They work with (and probably own) Orbit Exchange to give you a reliable betting platform, and their lower commission helps you keep more of your winnings. You can try different betting styles like handicap betting, over/under bets, and prop bets that might be hard to find elsewhere.

• There is no minimum deposit to get started, if funding your account through a bank transfer.
• As you can see above, the comparison focuses on the odds ratio and the number of betting markets offered.
• Even small differences in odds can make a big difference in how much money you can make.
• Stop-loss is an order or instruction to automatically close your position at a certain price.
• FXCM is a spread betting and CFD provider that offers smaller bet sizes than other top brokers.
• These platforms contribute to a thriving and responsible betting culture while aligning with South Africa’s robust regulatory framework.
• Assuming that in most cases the platforms are free or charged a low commission (the broker’s platforms, not external ones) probably many players new to the subject wonder what the broker earns.
• Their low fees and many betting options make Orbit Exchange perfect for making your betting more profitable.

IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders. Spread Betting Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers’ services. However, critics point out that this same leverage can amplify losses, potentially exceeding initial investments. They also highlight the risks inherent in what is essentially a form of gambling on market movements. A straightforward way to keep track of a company’s financial status is to choose brokers that have traded on the LSE (or the London Stock Exchange). Public companies are required to yield financial reports frequently.

The lowest spread brokers will help you in your quest for success. Spread betting calls for understanding what exactly good price movements are to create benchmarks determining when to enter or get out. Establish an amount you can afford to lose for every trade you conduct. Stick with your established limits and utilise stops to cut losing positions.

Understanding these differences can help you make smarter betting choices and possibly win more money. Some betting intermediaries, such as BetInAsia call themselves agents. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In other words, their interests aren’t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading.

Nevertheless, it is always a better idea to have the extra option to broaden your horizons than to be restricted to a select number of markets. Hence, comparing the range and limits of choice on offer is important. Tight spreads are crucial during such small price and value movements. They help make profits from minute movements in the prices and values of an asset.

What sets BetInAsia apart from competitors is that it only earns a commission from bookmakers based on the turnover generated from clients. The website features low fees, highly simplistic terms and conditions, and ties to industry-leading sites, making BetInAsia one of the best bet brokers in the market. BetInAsia provides clients with access to Asian bookmakers through “BetInAsia BLACK”, powered by Mollybet. This multi-channel interface delivers real-time odds and allows users to place aggregated orders at the highest liquidity in milliseconds. The platform covers a diverse array of sports, including football, basketball, tennis, horse racing, and more, with support for multiple languages and currencies, ensuring ease of use. We compare commissions and fees, platform qualifications, assets and total offerings, analytical tools, resources and customized service.