When choosing a spread betting platform in the UK, you need to consider several factors. The main one is whether the broker is regulated by the Financial Conduct Authority (FCA). The FCA licences spread bet companies and oversees their operations, protecting traders from brokers that engage in dishonest trading practices.

Another important factor is the selection of markets on offer, and this can vary significantly amongst Spread betting platforms in the UK. Some providers only offer a few of the most popular shares, while others cover more niche markets. For example, Spreadex offers spread bets on thousands of tradable instruments, and it covers a wide range of global currencies.

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The spreads on offer are also a key consideration, as they determine how much you can make or lose for every point that the market moves. In addition, you should also take into account the fees to open and close a trade, as well as your stake size.

Aside from these key aspects, you should also pay attention to the trading conditions and customer support of each broker in the UK. For example, some companies require proof of identity before opening an account, while others may charge a deposit fee.

Finally, you should consider the tax implications of each spread betting platform in the UK. In general, profits from spread betting are tax-free, whereas CFDs may be subject to capital gains or income tax and stamp duty (for shares). However, this can vary depending on your personal circumstances.