Choosing the right spread betting broker is an important step in your trading journey. The right choice will make it easier to profit and reduce your overall trading costs. There are many different factors to compare including spreads, execution speed, range of markets and customer service. However, one of the most important aspects to consider is legitimacy. The first step in any comparison is checking that a company is regulated by the FCA.

A uk spread betting brokers is a financial services firm that is authorised by the FCA to offer spread bets to retail and professional traders. The FCA regulates the business activities of spread betting brokers and ensures that client funds are safe. It also sets the maximum leverage level at 30:1 for retail traders and 500:1 for professional traders.

It is possible to make money from spread betting in the uk if you have a sound trading strategy and practice risk management. Unlike binary options, which have short expiry times and limited profit potential, spread betting allows you to profit from the market without an expiration date and lets you control your risk. Moreover, unlike some other forms of online gambling, profits from spread betting are tax-free in the uk.

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Pepperstone offers a range of educational and research tools to help you improve your trading skills. It has thousands of tradable market assets and is a leading UK spread betting broker with a proven track record. Its customer support is available around the clock, and its platform provides access to technical indicators, charting tools, Reuter’s news fees and more.