When it comes to finding the best spread betting platform, it’s important to look at more than just pricing. Many brokers offer a wide range of added value tools to help traders find trading opportunities and improve their strategy. This could include free VPS hosting, advanced charting and trading tools or access to third party research and analysis services such as Autochartist, PIAfirst and Tipranks.
Other factors to consider when choosing a broker for spread betting are the number of markets they offer and their level of liquidity. The best brokers can offer a high number of tradable assets, competitive spreads in popular markets and fast execution. These attributes are particularly important when trading volatile markets, as even the smallest price movements can mean the difference between profit and loss. This link theinvestorscentre.co.uk
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IG Group has the most comprehensive market access of any UK spread betting broker with 17,000 tradable instruments. This includes a huge selection of smaller cap shares as well as exotic fx pairs, commodities and indices. It also offers a unique service for traders to trade IPOs pre-market via its ‘grey market’ and has excellent liquidity in key markets such as EURGBP, FTSE 100 and DAX 30.
CMC Markets offers the second largest selection of tradable markets and its range of added value tools is impressive. Its platform is designed to be as intuitive and easy to use as possible, which helps new traders get started. It also offers some unique risk management tools that you won’t find elsewhere, which are crucial when trading an activity that can lead to large losses.