Spread betting, explained properly.
Plain-English guides to how spread betting works, what it really costs and — because most traders lose — how to manage the risk. Then choose an FCA-regulated provider with your eyes open.
The 1-point gap is the spread — it's how the provider gets paid.
From learner to advanced trader
Start with the basics, choose an account with your eyes open, then work on discipline — the thing that actually separates the survivors from the majority who lose.
Learn the basics
What a spread is, how margin works, why you can lose more than your stake, and what "£5 per point" really commits you to.
What is spread betting? →Choose with your eyes open
The six checks that matter before you deposit anywhere — and an A–Z directory of FCA-authorised firms to run them against.
How to choose a provider →A–Z provider directory →
Improve your skills
The full skills library: risk rules first, then charts, fundamentals and strategy design.
Risk management →Technical analysis →
Trading strategies →
All guides →
Our approach
Risk first, always
Most retail accounts lose money — so loss rates, margin calls and worst cases come before any talk of profits.
No bonus bait
The FCA banned sign-up incentives for these products in 2019. Anyone offering you one is your red flag.
Dated and reviewed
Every page shows when it was last reviewed. Facts are checked against primary sources — FCA rules, HMRC guidance, regulatory disclosures.