Want To Try Spread Betting? These 5 Broker Reviewers Can Help You Choose The Right Platform In 2026
Did you know there’s money to be made in simply ‘betting’ on whether market positions will rise or fall? It’s a high risk trading strategy, don’t get us wrong.
But it’s the kind of trading decision that could make you a better ROI in the long run, when compared to actions like letting money sit in a high yield account for years on end.
That’s what spread betting can do for you. But it’s not something to do without a little knowledge of what you’re heading into.
What is Spread Betting?
If you first thought that ‘spread betting’ was something gamblers did when placing bets on sporting events, you wouldn’t be too far off the mark.
However, spread betting can be applied to the trading market at large too.
It’s all about maximising the possibility of getting a return through pure speculation, rather than just sinking your money into a stock or share and letting it rise and fall over time.
Namely, instead of buying something outright, you place bets on how the market will actually move.
If the points go up when you’ve made a bet that they’ll go up, you make a profit based on the size of the bet you made. If the points go down, however, you’ll lose money relative to the same bet size.
Sounds all fair and good so far.
But what’s the risk?
When you place spread bets on the market, you bet using leverage.
That means you can start spread betting even when you have a low trading budget, and is a good way to try and make a big profit much faster.
However, betting with leverage means that if you make a loss, you could lose 10x to 30x the amount you actually bet to begin with.
How to get started
Spread betting isn’t something you want to start off with as a beginner trader. It takes time to wrap your head around.
After all, you’re going to need a broker to handle the spread bets for you, trade with leverage, rather than real world value, and watch for the right times to either buy or sell the points you’ve betted on.
And if all of that came across as a bit of a blur, you’re definitely going to want to work off of the recommendations of the pros!
The Top 5 Broker Review Sites to Check Out First
Onto the meat of our post here today. When you want to try spread betting, you need to know you’re on the right platform and working with the right kind of broker.
And that means you need to read up on a few reviews from traders you can put your trust in. Here’s the top 5 we’ve picked out for anyone looking to spread their bets in 2026.
- The Investors Centre – Best for long term live testing
Our top pick for the best broker reviewers in 2026 is The Investors Centre.
They run long term, 3 month long tests every single quarter – and every single account they open is independently funded too.
You know you can trust what they’re saying, and simply because they haven’t been given any kind of incentive to say it.
And when it comes to a risky strategy like spread betting, you want the best assurance possible that what the reviewer recommends comes from their first hand tests and years of experience.
- BrokerChooser – Best for finding a platform with a strong safety rating
BrokerChooser is our second best pick here, and it’s all down to their focus on safety and surety.
They only ever test and recommend regulated platforms, and their list of spread betting brokers are ranked according to who has the best safety features for each type of investor.
And once you’ve read through their review, if you’re still not sure who to choose, you can use their ‘broker match’ tool to help you decide which platform will be best for you.
- Moneyzine – Best for tips and tricks once you’ve opened your account
Our third pick for a good broker reviewer, Moneyzine makes it easy to spread bets in a safer way with their actionable tips and tricks after you’ve opened up a broker account.
And with a high risk strategy like spread betting, it’s good to see that someone is willing to guide you through more than just the up front choice.
- FxScouts – Best for in depth review scoring
An all round forex broker review site, FxScouts has quite a few great guides on finding the best trading and investment platforms based on your budget, risk level, and time to trade.
However, their in depth review scoring system (and the many different ways they collect ‘data’ points) is what brings them into our list. They assign broker ratings based on 7 different factors, and each one is marked independently to help weigh the score properly.
- Armchair Trader – Best for beginner traders looking to move up
If you want your advice delivered as simply and straight forwardly as possible, Armchair Trader could be a good review site for you.
Their site has plenty of guides to help you go from your initial interest to actually putting on your first spread bet, and it’s all delivered in plain language that’s easy to follow.
Get the Knowledge and Experience You Need to Trade at Higher Risk
If you want to start using higher risk strategies within your trading style, spread betting can be a worthy contender.
However, you need to be careful in your approach to it. Higher risk does bring higher chances of high rewards, but it’s not a guarantee. You still need to have a plan for your trades in the long term.
Make sure you work with a recommended spread betting broker that offers the right leverage options for you. Use the reviews of the experts above to find the right platform to spread your bets, and make sure you never put down more than you know you’re good to lose.
