Each firm offers financial spread betting to UK retail clients on its UK website, read on 24 Sep 2026, with an FCA Register entry. None has marks on our scoring sheet, so none carries a score or a place in our ranking. The loss figure shown is the firm’s own published figure.
Not yet ranked: 4 firms, their FCA Register entry and their own published loss figure | Firm | FCA entity and FRN | Register status | Retail accounts losing money |
| Axi | Axi Financial Services (UK) Limited (FRN 466201) | Authorised | 72.47%, CFDs |
| Intertrader | Alvar Financial Services Limited (FRN 597312) | EEA Authorised (UK branch of a Gibraltar firm) | 50.8%, spread bets and CFDs |
| Accendo Markets | Accendo Markets Limited (FRN 475285) | Authorised | 69%, spread bets and CFDs |
| FOREX.com | StoneX Financial Ltd (FRN 446717) | Authorised | 74%, CFDs |
Intertrader’s FCA Register entry is the UK branch of Alvar Financial Services Limited, a Gibraltar firm regulated by the Gibraltar Financial Services Commission. It is not a UK authorisation.
FOREX.com is a trading name of StoneX Financial Ltd, the firm behind StoneX Trading, which we rank.
Every ranked broker is marked on the same six criteria, each out of 10, and our page on how we score spread betting accounts states what each one covers. No criterion is influenced by commission. The list below shows, for each criterion, the lowest and highest mark across the 14 ranked accounts, the median, and how many accounts hold a 10.
- Trading Cost. 1 to 10 across the 14 ranked accounts, median 5.5, one at 10.
- Trading Experience. 2 to 10 across the 14 ranked accounts, median 7.5, one at 10.
- Trading Platform. 2 to 10 across the 14 ranked accounts, median 7.5, two at 10.
- Trust. 4 to 10 across the 14 ranked accounts, median 8.5, five at 10.
- Range Of Markets. 1 to 10 across the 14 ranked accounts, median 8, two at 10.
- Customer Service. 2 to 10 across the 14 ranked accounts, median 7.5, one at 10.
Losses can exceed what you set out to risk on a bet, because spread betting leverage means the margin you post is smaller than the position it opens. Across the brokers reviewed here, between 60.7% and 76.6% of retail investor accounts lose money when trading spread bets and CFDs. The risks section of our guide explains what that figure measures. Whether a profit is tax-free depends on your circumstances, and our spread betting tax page states the conditions. This page is not financial or tax advice.
