If you spread betting apps to speculate on rising and falling markets and profit from the difference in price, a spread betting app could be a good option. These apps offer access to the same markets and assets as online brokers, but allow you to trade with a smaller margin. You can also use stop losses and take-profit orders to manage your risk. Using this method of trading can increase your profits and limit your losses. It is important to remember that trading on margin carries a high degree of risk and can amplify your losses, so it’s advisable to start with a demo account to practice before depositing real money.
Betting with Confidence: Spread Betting Apps in the UK
IG: This established online broker offers a huge choice of financial spread betting markets including UK and international shares, forex, commodities, and indices. The company is regulated by the FCA and has low spreads starting at 0.6 pips on major forex pairs.
Trade Nation: This UK-based broker has a feature-packed web platform and an intuitive mobile app. Its market list includes more than 80 financial spread betting markets, with US-listed stocks available on its flagship TN Trader platform. No trading commissions are charged and you can open positions from just $1 (about 80p) per point.
This UK-based spread betting firm has a wide selection of markets to choose from, including FTSE 100, S&P 500, and Dow Jones. The firm also offers a free demo account and a variety of funding options, including debit/credit cards and Skrill.