Spreadex — Best Overall for FTSE Trading

Usability:
4.6
Fees:
4.5
Tools:
4.2
Trustpilot Score: 4.3 · Checked March 2026
Spreadex FTSE 100 trading platform showing live bid and ask prices, position sizing, and spread betting order options on the UK 100 index.
Spreadex’s FTSE 100 trading screen—this is the view I use for daily UK index spread bets, showing live pricing and the order ticket.

Pros

  • Tax-free* FTSE spread betting alongside traditional CFDs from one account
  • Guaranteed stop-loss orders for overnight gap protection on FTSE positions
  • No minimum deposit—start trading the FTSE with any amount
  • UK-based broker since 1999—FTSE trading is a core strength, not an afterthought

Cons

  • No FTSE futures—options and spot trading only
  • No MT4/MT5—uses proprietary platform plus TradingView
  • Fewer FTSE-related markets than IG (no FTSE 350 or sector indices)

How Is FTSE Trading on Spreadex?

Spreadex was built for UK index trading, and it shows. The FTSE 100 is prominently placed on the platform rather than listed among thousands of other instruments. When I first opened my Spreadex account, I had a FTSE 100 spread bet placed within minutes. The order ticket is clean: you see the live bid/ask, your stake per point, the margin requirement, and any applicable overnight charges before you confirm. No hidden surprises.

The dual spread betting and CFD access is the standout for FTSE traders. I use spread betting for most FTSE trades because the profits are typically tax-free under current HMRC treatment. If I need to hedge a position or want to use CFDs for a specific reason, the CFD option is right there in the same account. This flexibility is genuinely useful—not every broker offers both.

What Risk Tools Are Available for FTSE Positions?

Guaranteed stop-loss orders are available on the FTSE 100 and most major markets. This matters because the FTSE gaps at open regularly—UK economic data, global overnight moves, and company earnings can all push the index to open significantly higher or lower than the previous close. A standard stop placed at 10,400 on a FTSE position might execute at 10,370 if the index gaps down. A guaranteed stop executes at 10,400 regardless. The GSLO premium is displayed before you confirm the trade.

What Does FTSE Trading Cost on Spreadex?

No commission on spread bets or CFDs*—costs are in the spread. Overnight financing at benchmark rate plus 2.5% for long positions. GSLO premiums vary and are displayed on the order ticket. No minimum deposit requirement, no inactivity fees.

*other fees may apply. Tax laws can change and depend on individual circumstances.

65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Capital.com — Best for Low-Cost FTSE CFDs

Usability:
4.2
Fees:
4.4
Tools:
4.4
Trustpilot Score: 4.6 · Checked March 2026
Capital.com platform showing FTSE 100 trading chart with TradingView integration, technical indicators, and no-commission CFD pricing.
Capital.com’s FTSE 100 trading view with TradingView charting—the technical analysis tools here are a genuine upgrade for UK index traders.

Pros

  • FTSE 100 CFDs from 1 point spread with no commission*
  • TradingView integration for professional FTSE 100 charting and technical analysis
  • Clear overnight financing costs displayed on the deal ticket before confirmation
  • Guaranteed stop-loss orders available for gap protection

Cons

  • No FTSE options or futures for more complex strategies
  • No MT5—limited to proprietary platform, MT4 and TradingView
  • £20 minimum deposit (though modest for index trading)

How Is FTSE Trading on Capital.com?

Capital.com’s FTSE 100 offering is clean and cost-effective. No commission* on any trade, and the FTSE 100 spread starts from 1 point during core UK hours. What sets it apart for FTSE traders is the TradingView integration—you get full access to TradingView’s charting tools directly within the platform. For FTSE technical analysis, this is a major advantage: you can overlay indicators, draw trend lines, and analyse multi-timeframe charts without switching between windows.

One thing I appreciate for FTSE trading specifically is how transparent the pricing is. Overnight financing charges are displayed on the order ticket before you confirm, so you can calculate multi-day holding costs in advance. The deal ticket also shows your margin requirement clearly—useful when you’re sizing FTSE positions relative to your account balance.

What Risk Tools Are Available for FTSE Positions?

Guaranteed stop-loss orders are available on the FTSE 100. The GSLO premium is displayed on the deal ticket before you confirm, so you know the exact cost upfront. Standard stop-losses, trailing stops, and take-profit orders are also available. For swing traders, the ability to set a guaranteed exit level on a volatile index like the FTSE is a genuine advantage—particularly around economic data releases where gaps at open are common.

What Does FTSE Trading Cost on Capital.com?

No commission on FTSE 100 CFDs*. FTSE 100 spread from 1 point during core hours. GSLO premiums vary by market conditions and are shown before order confirmation. Overnight funding at benchmark rate plus a markup that varies by market and trade direction, displayed on the order ticket. Spread betting also available for UK clients as a tax-efficient alternative.

*other fees may apply.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

IG — Best for Deep FTSE Market Coverage

Usability:
4.4
Fees:
4.2
Tools:
4.5
Trustpilot Score: 3.9 · Checked March 2026
IG trading platform showing a FTSE 100 CFD chart with live pricing, multiple timeframe analysis, and order execution panel during UK market hours.
IG’s FTSE 100 trading platform—the depth of charting and the range of FTSE instruments available here is unmatched by any other UK broker I’ve tested.

Pros

  • Deepest FTSE coverage: FTSE 100, FTSE 250, FTSE 350, sector indices, plus individual constituents
  • FTSE options and futures available for more sophisticated strategies
  • ProRealTime charting included free for active traders—institutional-grade analysis
  • 50 years in business, publicly listed on the London Stock Exchange—established credibility

Cons

  • FTSE 100 spreads can run slightly wider than specialist competitors
  • Platform depth can feel overwhelming if you only want straightforward FTSE trades
  • £12/month inactivity fee after 24 months of no trading

How Is FTSE Trading on IG?

IG is the most comprehensive FTSE trading platform available. Beyond the standard FTSE 100, you can trade the FTSE 250 (mid-cap UK companies), the FTSE 350, and individual FTSE sector indices like FTSE Banks or FTSE Oil & Gas. This depth allows you to express specific views on the UK market—bullish on mid-caps but bearish on banks, for instance—rather than being limited to the headline index.

I’ve used IG for FTSE trading for several years, and what keeps me coming back is the combination of ProRealTime charting and the sheer range of UK markets. ProRealTime is genuinely institutional-grade—pattern recognition, advanced screeners, and multi-timeframe analysis that goes well beyond what most retail platforms offer. For traders who rely on technical analysis for FTSE positions, this is a meaningful edge.

What FTSE Instruments Does IG Offer?

IG offers the widest range of FTSE-related instruments:

  • FTSE 100 spot: Spread betting and CFDs with tight spreads from 1 point
  • FTSE 100 futures: Quarterly contracts with no daily financing charges—useful for longer-term positions
  • FTSE 100 options: Calls and puts for defined-risk strategies where maximum loss equals the premium
  • FTSE 250: Access to the mid-cap index for broader UK market exposure
  • FTSE sector indices: Trade specific sectors within the FTSE (banking, energy, resources)

This range is unmatched. Spreadex and Capital.com offer FTSE 100 and 250 spot trading, but neither provides options, futures, or the granular sector access that IG delivers.

What Does FTSE Trading Cost on IG?

Spread betting: no commission*, costs in the spread. FTSE 100 spread from 1 point during core UK hours. CFDs: no commission* on indices. Overnight financing at benchmark rate plus 2.5-3% (entity dependent) for long positions. FTSE futures spreads are wider but include no daily financing—cost-effective for positions held more than a few days. Guaranteed stop premiums vary by market conditions. Weekend holding costs apply to positions held over Saturday/Sunday.

*other fees may apply.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Are These FTSE Trading Platforms Safe and Regulated?

All three platforms are authorised and regulated by the Financial Conduct Authority, which means identical core protections for UK retail traders:

ProtectionWhat It Means
FCA RegulationEach broker is authorised by the Financial Conduct Authority—verify on register.fca.org.uk
Segregated FundsClient money held separately from company funds
FSCS ProtectionUp to £85,000 covered per person if the broker fails
Negative Balance ProtectionRetail accounts can’t lose more than deposited

Additional credibility:

  • Spreadex has been operating since 1999—a well-established UK-based broker with over 25 years of history
  • Capital.com holds FCA and CySEC authorisations with over 827,000 accounts globally
  • IG is publicly listed on the London Stock Exchange, has been operating for over 50 years, and is one of the world’s largest CFD providers by revenue

Important: Regulation protects against broker failure, not trading losses. Leveraged FTSE trading carries significant risk—the index can move rapidly during economic data releases, earnings periods, and geopolitical events. Make sure you understand how leveraged products work before trading.

Practical Tips for Trading the FTSE 100

I’ve traded the FTSE 100 across multiple platforms over several years. Here are the practical lessons that have stuck.

Know the schedule: The FTSE 100 opens at 8:00am and closes at 4:30pm UK time. The first 30 minutes often see the most volatility as overnight news gets priced in. If you’re new to FTSE trading, watching the open without trading for a few sessions gives you a feel for how it moves. The period around 2:30pm is also worth noting—US market data releases and the New York open can shift FTSE direction.

Watch for UK economic data: Bank of England interest rate decisions, ONS employment data, CPI inflation releases, and GDP figures all move the FTSE. The economic calendar on your broker’s platform will flag these. I’ve learned the hard way that holding leveraged FTSE positions through major data releases without protection is a recipe for nasty surprises. Either use guaranteed stops or reduce position size ahead of scheduled releases.

Consider spread betting for tax efficiency: If you’re trading the FTSE regularly and generating profits, spread betting rather than CFDs means those profits are typically free from Capital Gains Tax. For someone trading the FTSE daily, the CGT savings can be material over a tax year. All three platforms we review offer spread betting. Tax laws can change and depend on individual circumstances.

Manage overnight risk: The FTSE can gap at open based on overnight moves in Asian and US markets. If you’re holding positions overnight, factor in the financing charge and consider a guaranteed stop-loss. A standard stop placed at a specific level won’t protect you if the market gaps past it. This is especially relevant around earnings season and major political events.

Final Thoughts

Spreadex is the best all-round platform for trading the FTSE in 2026—the combination of spread betting and CFDs, guaranteed stops, no minimum deposit, and a platform built around UK markets makes it the most practical choice for most FTSE traders. Capital.com delivers the lowest-cost FTSE CFD experience with TradingView integration that genuinely elevates your technical analysis. IG provides the deepest FTSE coverage available—options, futures, sector indices, and extended hours—for traders who need maximum flexibility.

For most people starting out with FTSE trading, I’d suggest Spreadex or Capital.com. Both offer guaranteed stops (which IG also provides), both offer spread betting for tax efficiency, and both are straightforward to use. If you outgrow these and need options, futures, or the depth of ProRealTime charting, IG is where you’ll end up.

FTSE trading with leverage carries significant risk. Between 51% and 82% of retail investor accounts lose money when trading CFDs and spread bets. Only trade with money you can afford to lose, and consider seeking independent financial advice if you’re unsure whether leveraged trading is appropriate for your circumstances.

FAQs

What is the cheapest way to trade the FTSE 100?

For UK residents, spread betting on the FTSE 100 is typically the cheapest route because profits are usually tax-free (no Capital Gains Tax or Stamp Duty). All three platforms—Spreadex, Capital.com, and IG—offer FTSE 100 spread betting with no commission*. For day trades closed within the same session, there are no overnight financing charges, so the spread is your only cost. For longer-term positions, IG’s FTSE futures avoid daily financing altogether, with costs built into a wider spread. *other fees may apply.

What hours can I trade the FTSE 100?

The underlying FTSE 100 index is calculated during London Stock Exchange hours: 8:00am to 4:30pm UK time, Monday to Friday. However, most brokers offer extended hours trading on the FTSE 100 via CFDs and spread bets. IG offers the most extensive out-of-hours FTSE trading. Note that spreads are typically wider outside core UK trading hours, and liquidity is lower—be cautious with position sizing during extended sessions.

Is spread betting on the FTSE 100 tax-free?

Spread betting profits are typically free from Capital Gains Tax and Stamp Duty under current HMRC treatment, as they are classified as gambling rather than investment income. This applies regardless of the underlying market, including the FTSE 100. However, tax treatment depends on individual circumstances and can change. If spread betting constitutes your primary income source, HMRC may take a different view. Consult a tax professional if you’re unsure about your specific situation.

What moves the FTSE 100?

The FTSE 100 is heavily weighted towards mining, energy, banking, and pharmaceutical companies. Global commodity prices (particularly oil and metals), Bank of England interest rate decisions, UK inflation and employment data, and the GBP/USD exchange rate all have significant influence. Because many FTSE 100 companies earn revenue overseas, the index often rises when sterling weakens—a counterintuitive relationship that catches newer traders off guard.

Do I need a lot of money to trade the FTSE 100?

No. Spread betting allows you to trade per point of movement—even £0.50 per point. With the FTSE 100 at approximately 10,450 points and leverage of up to 1:20 for retail clients, a £0.50 per point position requires around £261 in margin. Spreadex has no minimum deposit, and Capital.com requires just £20. Start small, understand how leverage amplifies both gains and losses, and increase position size only as your experience grows.

References

Broker Websites (Primary Sources):

  • Spreadex UK — FRN 190941, FTSE spread betting and CFD trading
  • Capital.com UK — FRN 793714, FTSE 100 CFDs, TradingView integration
  • IG UK — FRN 195355, FTSE 100/250 trading, options, futures, ProRealTime

Index and Regulatory Sources:

FTSE spreads, features, and costs verified from broker platforms, February–March 2026. Overnight financing rates are variable and depend on prevailing benchmark rates. All brokers verified on FCA register.