No. Admirals publishes no UK spread betting product and no route to open a spread betting account, checked on 22 Sep 2026. The UK firm behind the brand is Admiral Markets UK Ltd (FRN 595450), and that authorisation is current. It holds the FCA permissions to offer spread betting to retail clients and does not use them. What it opens for a UK client is something else: CFDs on forex, commodities, indices, stocks and ETFs, and real stocks and ETFs through its Investment Account. Neither is a spread betting account.
UK firm behind the brand: Admiral Markets UK Ltd (FRN 595450)
Our spread bet content is supported by broker partners, who pay us on a retainer basis rather than per referral.
What Admirals Offers Instead
Admiral Markets UK Ltd (FRN 595450) holds six regulated activities on the FCA register, read on 22 Sep 2026, and five of the six list “spread bet” among the investment types they cover, for retail clients as well as professional ones. One of the five is dealing in investments as principal, which is the permission a firm needs in order to be the counterparty to a retail client’s spread bet.
Arranging (bringing about) deals in investments
Arranging safeguarding and administration of assets
Dealing in investments as agent
Dealing in investments as principal
Making arrangements with a view to transactions in investments
Safeguarding and administration of assets (without arranging)
Its account menu opens a trading account, an investment account, an Islamic account and a demo. None of them is a spread betting account. The leveraged product behind the trading account is the contract for difference, which is what its own site-wide risk warning names and the only leveraged product that warning mentions.
Admirals does publish an explainer on spread betting in its education section. The article explains the product in general terms and tells the reader how to judge a spread betting provider. It then closes by pointing the reader at an Admirals CFD account. It never says Admirals offers spread betting.
Admirals On The FCA Register
Admiral Markets UK Ltd, FRN 595450, on the FCA Financial Services Register: status Authorised, since 12 Jun 2013. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.
Both are leveraged derivatives, both are priced in a spread, and neither gives you the underlying asset.
How spread betting and CFDs, including at Admirals, differ on Capital Gains Tax, Stamp Duty and ownership of the underlying.
Spread betting
CFDs, including at Admirals
Capital Gains Tax
Outside the scope of CGT for most UK retail traders
Within the scope of CGT for a UK individual
Stamp Duty
None
None
Ownership of the underlying
None
None
Tax treatment depends on your individual circumstances and can change, so you should seek professional tax advice if you are unsure. Our page on spread betting and tax covers the conditions under which the exemption stops applying, and spread betting versus CFD trading compares the two products in full.
Spread betting is a UK product, and Admirals’ own explainer on spread betting describes it that way throughout.
What Other Review Sites Say About Admirals
These are Admirals’ ratings on the platforms below, each read on the date shown and stated in that platform’s own scale.
Admirals rated on each third-party platform, with the rating scale, the volume of ratings and the date we read it.
Admirals’ Trustpilot profile, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.Admirals’ Apple App Store listing, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.Admirals’ Google Play listing, captured 1 Nov 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.
Where To Spread Bet Instead Of Admirals
These are the three highest-scoring accounts in our ranking that you can open today, in score order. The order is the ranking’s own and does not change from page to page. Our scores are set on the criteria we publish and are never influenced by what a broker pays us. The list below is therefore the same list you will find on our FCA-regulated spread betting platforms.
65% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Your capital is at risk. This page is not financial or tax advice.
How We Picked Those Three
Each card states what that broker publishes about its spreads for spread betting, read from its own UK site: some publish an average, and some publish only a minimum "from" figure. Our spread betting broker reviews directory has the full list, including the brands that offer no spread betting product.
Between 60.7% and 76.6% of retail investor accounts lose money when trading spread bets and CFDs with the providers we compare.
Spread betting is leveraged and losses can exceed the amount you set out to risk on a bet. This page is not financial or tax advice.
Admirals Spread Betting FAQs
Is Admirals Regulated By The FCA?
Yes. Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority, and its firm reference number is published in the footer of its own site.
Why Does Admirals Not Offer Spread Betting?
Admirals gives no reason on its homepage or in its spread betting explainer. What its own site shows is that spread betting appears in its education section and nowhere in its products or its account types.
Is A CFD Taxed Differently From A Spread Bet In The UK?
Yes, and Capital Gains Tax is the difference. Profits on contracts for difference are within the scope of CGT for a UK individual, while spread betting profits fall outside it for most retail traders. Tax treatment depends on your individual circumstances and can change, so you should seek professional tax advice if you are unsure.
Justin Grossbard co-founded Spread-Bet.co.uk with Noam Korbl in 2024, and co-founded the broker comparison network CompareForexBrokers with him in 2014. He has written for Kiplinger, Entrepreneur, Finance Magnates and MoneyShow since 2022, with articles on forex and trading at MoneyShow, Finance Magnates and Kiplinger.
Updated . Updated on 1 Nov 2026: Under “Where To Spread Bet Instead Of Admirals”, the three accounts, with their scores, now come from the 26 Aug 2026 scoring sheet again, because the withdrawn August 2026 tests of order execution, the apps and customer service could not be verified against account records; nothing the page says about Admirals itself changed.
