Background

Established in 2014 by industry experts Justin Grossbard and Noam Korbl, CompareForexBrokers.com was created to address the complexities of choosing a forex or CFD broker. As online trading grew, so did the challenge of navigating numerous brokers with varied services. Recognizing the specific needs of UK traders, we decided to create a dedicated platform, leading to the birth of Spread-Bet.co.uk in 2024.

In our decade-long journey with CompareForexBrokers.com, we consistently aimed to simplify the broker selection process for traders worldwide. However, we observed a growing interest and distinct requirements for spread betting among UK traders. This unique form of trading, popular in the UK, necessitated a focused approach. Thus, in 2024, we transitioned our spread betting content to a new, UK-specific domain to better serve this audience.

By moving our content to Spread-Bet.co.uk, we aim to provide a more tailored experience for UK traders interested in spread betting. Our expertise, developed over years of comparing forex brokers, now benefits a dedicated UK platform. This shift allows us to offer more relevant insights and resources, ensuring UK traders receive the best possible guidance in their spread betting endeavours.

Our Mission

At Spread-Bet.co.uk, we strive to make the world of broker comparisons clear and accessible for UK traders. Our mission is to provide comprehensive, unbiased analyses of fees, trading platforms, product offerings, and educational resources. We aim to empower traders with the information they need to make informed decisions, ensuring they have the best possible experience in the spread betting market. By staying at the forefront of industry advancements and maintaining a transparent approach, we continue to be a trusted resource for traders at all levels.

Principles

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    Cutting-Edge Innovation
    We continuously embrace the latest technological advancements in online trading to provide the most accurate and up-to-date broker comparisons.

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    Tailored Comparisons
    Our platform is designed to meet the needs of traders at every level, from novices to seasoned professionals, ensuring everyone finds valuable and relevant information.

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    Expert Collaboration
    Our diverse and dedicated team (including UK members) works around the clock to research and review brokers, offering well-rounded insights and recommendations to our users.

Broker Reviews and Analysis

At Spread-Bet.co.uk, our broker reviews and analyses are designed to offer traders detailed and impartial evaluations. We thoroughly examine brokers based on several crucial criteria:

  1. Trading Expenses: Detailed analysis of spreads, commissions, and any additional fees.
  2. Platform Capabilities: Comprehensive review of user experience, trading tools, and technological innovations.
  3. Support Services: Quality and accessibility of customer assistance.
  4. Regulatory Adherence: Verification of compliance with UK regulations.
  5. Market Variety: Range of available markets and trading products.
  6. Educational Content: Evaluation of learning materials and resources.
  7. Execution Efficiency: Speed and reliability of trade execution.
  8. Financial Transactions: Assessment of deposit and withdrawal options.

Rigorous Testing and Verification

Our technical team uses advanced automated tools, including Expert Advisors, Indicators, and Scripts, to conduct objective testing across different platforms and account types. This rigorous testing, combined with our deep forex industry expertise, ensures our reviews are precise and relevant to modern traders.

Continuous Improvement and Transparency

Regular updates ensure our 2024 methodology reflects the evolving forex market. Ranking the 18 UK brokers across eight categories, our transparent process, with documented updates, builds trader confidence in our recommendations.

Spread Comparison Modules

We gather monthly data on average spreads for various currency pairs and key spread betting broker metrics. This method helps identify the top UK spread betting brokers for diverse trading needs, ensuring our recommendations remain current and tailored to compare the most competitive spreads.

Broker Comparison Tables

Our tables highlight regulatory compliance focusing solely on FCA regulation which is the governing body within the UK. This ensures UK traders only choose a regulated spread betting broker to avoid scams or other pitfalls of using an overseas broker

Tools and Calculators

Spread-Bet.co.uk provides essential tools, including the Profit, Lot Size, Trading Cost, and Spread Betting Calculators. These tools, using real-time market data, offer precise estimates of potential profits or losses, aiding traders in strategy development and risk management. The Spread Betting Calculator, tailored for UK traders, calculates outcomes based on bet size and market movements, ensuring traders can adapt their strategies with accurate data.

Transparency of Information

At Spread-Bet.co.uk (part of Compare Forex Brokers Pty Ltd), we are committed to offering detailed and straightforward broker comparisons, underpinned by a transparent approach to the information we provide. Our goal is to help you find the spread bet broker that best matches your trading requirements. To achieve this, we ensure that our reviews are balanced, presenting both the strengths and weaknesses of each broker to enable you to make an informed decision.

We meticulously review and regularly update the content on our website to ensure that the information provided is both accurate and current. However, we welcome feedback and encourage you to contact us if you notice any discrepancies or outdated information. A member of our knowledgeable team will respond promptly to address your concerns. For more details on our practices and policies, we invite you to read our terms and conditions.

How We Make Money

Our commitment to transparency extends to how we fund our site. We steer clear of accepting payments for positive reviews, ensuring our recommendations are unbiased and serve your best interests. Instead, our revenue comes from commercial partnerships.

Commercial Partnerships

To support our operations and maintain high-quality content, we may receive referral fees when users click on links within our reviews and sign up with a broker. These arrangements are strictly with the brokers, meaning any fees we receive are funded by them, not you. This ensures that signing up through Spread-Bet.co.uk won’t incur any extra costs for you, guaranteeing the same terms as if you had registered directly with the broker. Our priority is your trust and confidence in the accuracy and fairness of our information.

Our (Australian Business Number) ABN is 49 909 258 897 trading as the Trustee for Spread-Bet.co.uk Unit Trust.

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Trust and Safety

Learn why you can trust us, explore our risk disclaimer, and understand our advertiser disclosure. Our commitment to transparency underpins everything we do, ensuring you make informed decisions with confidence. Please note, the website doesn’t take responsibility of previous activity of the merged entities including Findepedence Day and Learn Money.

Meet the Team

The three key members of Spread-Bet.co.uk are:

  • Justin Grossbard who is the co-owner and CEO of Spread-Bet.co.uk
  • Noam Korbl who is the co-owner and head of commercial partnerships
  • David Levy who is the head editor of the content team