Of course, you always have the option of using traditional bookmakers as well. They do, however, have more uneven odds on many events, which you can take advantage of as long as it lasts. Traditional bookmakers can be used well when you are building up your bankroll, but eventually, using a bet broker will be a must for serious sports bettors. Just like with SportMarket, you get access to several of the best bookmakers on the market through the AsianOdds platform. AsianConnect has partnered up with SBO, Pinnacle, Singbet, ISN and others. Traditional bookmakers typically offer worse odds than betting exchanges or brokers, building in a larger margin to protect their profits.

Top Sports Betting Agents in 2025 – Find the Best Rates & Service

City Index has established itself as a tested name in the brokerage world. It’s especially great for beginners because it combines a user-friendly interface with an extensive range of trading instruments. You can deal in everything from forex to indices and even crypto. The platform’s comprehensive educational tools can help you get up to speed on the latest trends and inform your trading decisions. Sports betting is a popular and well-regulated industry in South Africa, governed by the National Gambling Act of 2004.

Best Spread Betting Platforms and Brokers 2025

CMC Markets is an exceptional spread betting platform with innovative features that are suitable for traders looking to frequently trade on tight spreads. This broker is regulated by the FCA in the UK, the ASIC in Australia, the FMA in New Zealand, and the MAS in Singapore. Some argue that spread betting is a form of gambling because it involves placing bets on the direction of market prices without owning the underlying asset.

FOREX.com Review 2024

In the UK, the maximum leverages for 30x for most retail trades. Nonetheless, only a tiny percentage of spread bettors succeed and the majority don’t. Those who do succeed only do so after developing a system and having years of experience. And be very aware of the addictive nature of betting in general, which usually takes more than it gives over time. The second example of sophisticated spread betting is a professional financial investor hedging against a more balanced portfolio. They could use spread betting as a way of shorting in the event of a market downswing or upswing that is unfavourable to the portfolio.

Related Spread Betting Brokers Reviews

Unlike most online brokers, Public does not participate in payment for order flow on equities trades. PFOF typically involves brokers routing trades to market makers for execution, potentially creating a conflict of interest between the broker and the investor. Public eliminates this conflict by routing all orders directly to exchanges and other execution venues, prioritizing transparency and alignment with its users. Spread betting has significant tax advantages compared to other trading and investing activities.

• This form of trading can be risky, so it’s mostly used by experienced traders.
• Sportmarket holds a merchant account with Paysafe, offering Skrill and Neteller, as well as other popular payment methods like bank transfer, Visa, Mastercard, MuchBetter, and Payz.
• As you can see, the list of big bookmakers available at the bet broker is huge.
• Regulation is extremely important because you do not lose large sums when trading.
• In order to start spread betting online, you will need an account with a broker and access to a spread bet platform.
• You can also get a private account with Pinnacle, ISN, 18bet and others.

Services

Research help in determining some of the trends that exist during trading. It also offers a set of diverse open positions to work with, e.g., commodities, stocks, FX, and indices. To profit while spread betting, the underlying amount must exceed the spread amount.

Tradable Assets

They make betting easier by letting users access many bookmakers through a single account. 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. BookieLink offers an array of services tailored to both casual bettors and seasoned professionals alike. Founded in 2007, BET-IBC stands as a licensed spread betting broker dedicated to delivering a first-rate gambling experience.

Learn More About Bet Brokers

With this said, it is important to remember that you will have to face some losses along the way. You are simply using leverage; therefore, your losses will decrease as you increase your leverage. This provides a layer of protection and ensures that the broker adheres to specific standards and practices. We found 11 online brokers that are appropriate for Trading Spread Betting. Learn more about FOREX.com powerful trading platform and how you can get started today.

Account

• If you want to bet better and make more money, it’s important to know how betting agents are different from regular bookmakers.
• A key component of spread betting is leverage – which allows you to trade much larger positions by putting down a small outlay, known as ‘margin’.
• BetInAsia provides clients with access to Asian bookmakers through “BetInAsia BLACK”, powered by Mollybet.
• One account also means one user verification, which is not objectionable.
• IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
• Access to convenient, prompt and dependable support is key when you’re using short-term trading products like spread betting.
• The bet broker earns money on the turnover of players referred by him to bookmakers, simply receiving a percentage of the margin imposed on the odds.

You can bet on a variety of sports, including snooker, rugby, football, and cricket. The number of points you get right or wrong determines your profit or loss. In addition, Spreadex also covers traditional financial markets. You will have access to thousands of stocks, indices, currencies, and commodities. Another way brokers earn their interest is by banking on the interest on trader deposits. The best spread betting brokers do not have to pay interest on customer funds and, resultantly, gain a lot of interest.

Sports Betting in Nigeria

• Soccer remains the most popular sport for bettors, with local leagues and international competitions like the EPL being top choices.
• If your location is not on the restricted list above, and yet there are problems accessing the site, the broker accepts the use of a VPN.
• Cricket is the second most-watched sport in the world, with matches being played year-round.
• Regular bookmakers have always been the main part of betting, letting people bet on sports at set odds.
• Additionally, a broker with responsive and knowledgeable customer support is invaluable.
• Establish an amount you can afford to lose for every trade you conduct.

Like stock trades, spread bet risks can be mitigated using stop-loss and take-profit orders. Some degree of risk can be avoided by using the right leverage in these strategies and by diversifying your trading portfolio. Customer profits in spread betting are betting exchange commission calculator tax-free but spread betting firms or platforms are required to pay tax. Customers must report any earnings on their annual tax filing, even if no taxes are due. Another tool used in spread betting is called a limit order, also known as a take-profit order.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Yes, many online brokers allow you to set up automatic transfers and investment schedules, making it easy to automate your investing strategy. The importance of customer service and support is essential when you need it. For that, you can check customer reviews and ratings on sites like the Better Business Bureau and TrustPilot.

Trading Platform Quality and Features

67.99% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Pepperstone is a very popular online trading platform for seasoned traders who handle forex, contract for differences and spread betting markets. The Spreadex trading platform gives investors access to trade on global shares, indices, FX, commodities and much more via spread bets, CFDs or options. You can access tight spreads, low margins, trade via charts, trailing stops, one-click dealing, market alerts and much more. Founded in 2010, Pepperstone have continued to deliver industry leading trading conditions.

BetInAsia is a sports betting brokerage service regulated by the Government of Curaçao. Founded in 2011, BetInAsia is focused on providing access to a wide range of Asian bookmakers and sports betting opportunities, especially Asian Handicap markets. The service is designed to offer customers an exceptional and professional betting experience. TradeZero offers ultralow commissions and advanced trading tools, making it ideal for active traders.

The rest of the bet brokers are also covering a decent number of sports, except VOdds, which covers only three sports. Betting agents can be categorised based on the type of sport they provide brokerage services. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. Consider whether there is a desktop version and how well the app works.

The broker sets a ‘spread’ for each item, which is a range of values. Your bet involves predicting whether the price will be higher or lower than this spread. It’s like a mix of investing and gambling, and it’s tax-free in some regions.

By spreading stakes across multiple bookmakers and exchanges, the platform ensures market stability and reduces the impact of large stakes. Sportmarket earns exclusively from small commissions paid by bookmakers, regardless of whether players win or lose, ensuring there is no reluctance to pay out winnings. Sportmarket covers a wide range of popular sports, including football, horse racing, tennis, basketball, cricket, eSports, baseball, and American football. Customers can place bets on various markets, such as the match winner (Moneyline), Asian Handicap, Over/Under, and accumulator bets. The platform is affiliated with some of the most respected bookmakers in the industry, ensuring fair play by partnering with those who do not discriminate against winning players.

Get a Forex Pro on Your Side

This is a completely different business model compared to a classic bookmaker. Summarizing the previous few points in part, it is easy to see that a single account with a bet agent will replace multiple accounts with bookies, as well as tools or websites. The main account at the broker is, in a sense, our betting command center.

Many brokers allow fractional shares and commission-free trades, so you can invest $5 to $10 and gradually build your portfolio over time. Other factors you may want to consider when choosing the best stock broker include fees and commissions, account minimums and promotional offers. EToro offers some of the most extensive cryptocurrency trading and resources for a standard online brokerage.