Spreadex — Best for Beginners & TradingView Spread Betting

4.6
4.5
4.2
Trustpilot Score: 4.3 · Checked February 2026
Spreadex web trading platform showing FTSE 100 price chart and order entry panel.
Spreadex trading platform interface showing live UK index pricing and integrated charting tools

Pros

  • Fixed spreads from 0.6 pips on major forex pairs
  • Three months free TradingView Premium with £500 deposit
  • Tax-free spread betting with no commission
  • FCA regulated (FRN 190941) with FSCS protection

Cons

  • No demo account available
  • Fewer exotic markets than larger multi-asset brokers
  • Not designed for high-frequency professional strategies

Why Does Spreadex Come Out on Top for TradingView?

Spreadex combines the two things TradingView users care about most: seamless chart-based trading and transparent pricing. The TradingView integration works natively, letting you analyse markets with advanced indicators and execute trades directly from the chart without switching tabs. Orders filled in under a second during our testing. Add in the free TradingView Premium offer (three months free when you deposit £500) and you get access to professional-grade charting tools at no extra cost, something no other broker on this list matches.

What Makes Spreadex's Pricing Stand Out?

Spreadex uses fixed spreads with no separate commission, which keeps costs predictable and simple. EUR/USD holds steady at 0.6 points through the London session, matching the advertised minimum. Because spread betting profits are tax-free in the UK, Spreadex effectively offers one of the lowest all-in costs for retail traders. Overnight financing applies if you hold past market close, but the platform shows charges clearly before you confirm any trade.

What Markets Does Spreadex Cover?

Spreadex covers over 10,000 markets including forex, UK and international shares, indices, commodities, bonds, and interest rates. The platform focuses on quality over quantity, with reliable pricing across every instrument. During testing, FTSE 100 shares, major forex pairs, and gold all loaded without lag or pricing gaps. While it lacks the 17,000+ instruments IG offers, Spreadex covers everything most UK traders actually need.

IG — Best for Market Range

4.4
4.2
4.5
Trustpilot Score: 3.9 · Checked February 2026
IG homepage promoting spread betting with a red Start trading button below
IG's spread betting homepage interface

Pros

  • Access to over 17,000 instruments (69 indices)
  • Tight spreads on major pairs (0.6 pips EUR/USD)
  • FTSE 250 listed, highly credible and transparent
  • Structured education via IG Academy with unlimited demo

Cons

  • Cryptocurrency spread bets can't be placed through TradingView
  • Charges a 0.10% commission on share CFDs
  • Occasional syncing issues reported on TradingView charts

Why Is IG Still a Top Pick?

IG gives you access to over 17,000 instruments, which includes 69 indices for spread betting, thousands of individual shares across global exchanges, and a full range of forex and commodities. Running a diversified approach across asset classes means you can do it all from one account rather than juggling multiple brokers. Furthermore, they match or beat competitors on pricing for major instruments and carry the credibility of a FTSE 250 listing with over fifty years of operating history.

Capital.com — Best for Commission-Free CFDs

4.2
4.4
4.4
Trustpilot Score: 4.6 · Checked February 2026
Capital.com platform interface showing account settings and security options
Capital.com platform interface with clean navigation and integrated account controls

Pros

  • No commission on spread betting or CFDs *other fees apply
  • Competitive spreads from 0.6 pips on EUR/USD
  • TradingView compatibility for chart-based analysis and trading
  • FCA regulated (FRN 793714) with FSCS protection

Cons

  • Smaller market range (5,000+) than IG or CMC
  • No guaranteed stop-loss orders
  • Fewer advanced charting tools than specialist platforms

Why Choose Capital.com for TradingView?

Capital.com stands out for TradingView users who want commission-free trading (*other fees apply) combined with a modern, intuitive platform. The TradingView integration lets you connect your account and trade directly from charts, while Capital.com's proprietary web platform and mobile app provide a clean, fast alternative when you need it. With no commission on any trades and spreads from 0.6 pips, the all-in cost is genuinely competitive.

What Does Capital.com Cost?

Capital.com charges zero commission on all trades *other fees apply. EUR/USD spreads start from 0.6 pips, and pricing held consistent during London hours testing. There are no deposit fees, no withdrawal fees, and no inactivity fees, making it cost-effective for traders of all activity levels. Overnight financing applies to leveraged positions held past market close.

What Markets Does Capital.com Offer?

Capital.com provides access to over 5,000 markets across CFD and spread betting, covering forex, indices, commodities, shares, and cryptocurrencies. The range is smaller than IG or CMC, but sufficient for most trading strategies. Available platforms include the proprietary web and mobile apps, MT4, and TradingView, giving you flexibility in how you access markets.

Pepperstone — Best for High-Volume Forex Traders

4.4
4.1
4.4
Trustpilot Score: 4.1 · Checked February 2026
Pepperstone Home screen
Pepperstone's home screen interface

Pros

  • Razor account raw spreads starting from 0.0 pips
  • Lowest per-trade cost for forex (roughly £5.50 total per lot)
  • Integrates directly with TradingView charts

Cons

  • Limited to around 1,200 instruments
  • Privately held (less public financial transparency)
  • Doesn't offer guaranteed stop-loss orders

Where Pepperstone Beats the Competition

Pepperstone's Razor account beats IG for high-frequency forex traders on pure cost. The raw spread plus commission model (£4.50 round-trip) works out roughly 10% cheaper per trade at high volumes. If forex is all you trade and you're doing serious size, Pepperstone makes perfect sense.

CMC Markets — Best for Advanced Charting

3.9
4.2
4
Trustpilot Score: 4.3 · Checked February 2026
CMC Markets trading tools interface showcasing advanced order execution, pattern recognition scanner, and live charting with real-time UK 100 market data
CMC Markets' trading tools interface

Pros

  • Offers over 12,000 instruments
  • FTSE 250 listed, providing top-tier regulatory security
  • Spread-only pricing model on shares

Cons

  • Spread betting accounts cannot currently connect to TradingView (only CFD/FX Active)
  • Spreads (0.7 pips EUR/USD) are slightly wider than IG and Pepperstone

A Solid Institutional Alternative

CMC Markets sits at roughly 12,000 instruments. If you want FTSE 250 backing with a different platform experience, it's a solid alternative to IG. However, their TradingView integration currently only supports CFD Trading and FX Active accounts, meaning native spread betting integration is still pending.

Saxo — Best for Professional Trading

3.8
3.5
4
Trustpilot Score: 4.0 · Checked February 2026
SaxoTraderPRO platform showing multi-asset trading interface with advanced charting
SaxoTraderPRO platform with TradingView charting support for multi-asset analysis

Pros

  • Professional-grade SaxoTraderPRO platform with DMA access
  • Over 9,000 instruments across multiple asset classes
  • Strong in-house research and analysis tools
  • FCA regulated (FRN 551422) with institutional backing

Cons

  • £500 minimum deposit required
  • Platform complexity can overwhelm beginners
  • Higher fees for smaller accounts
  • TradingView integration is less seamless than rivals

Why Consider Saxo for TradingView?

Saxo suits experienced traders and professionals who need institutional-grade execution alongside TradingView charting. The SaxoTraderPRO platform provides direct market access (DMA) and a depth of analytical tools that simpler brokers cannot match. TradingView charting is available within the Saxo ecosystem, allowing you to analyse markets with advanced indicators while accessing Saxo's broad product range covering stocks, ETFs, bonds, forex, futures, and options.

What Does Saxo Cost?

Saxo requires a £500 minimum deposit, which positions it firmly at the professional end of the market. Forex spreads are competitive, starting from around 0.6 pips on major pairs. Commissions vary depending on the market traded and account tier. Custody fees may apply on certain investments, and inactivity fees can be charged if the account is unused for an extended period.

Who Should Choose Saxo?

Saxo is best suited to serious investors and professional traders who want access to a wide, multi-asset portfolio from a single platform. If you have larger starting capital and need bonds, options, and futures alongside spread betting, Saxo delivers. Beginners or traders seeking a simple, low-cost setup should look at Spreadex or Capital.com instead.

Which Spread Betting Broker Has the Lowest Fees on TradingView?

Pepperstone Razor has the lowest per-trade cost for forex at around £5.50 per standard lot. But Spreadex offers better value for most traders because its fixed 0.6 pip spread is predictable, you get tax-free spread betting, and the free TradingView Premium offer saves you the subscription cost. The cost saving from Pepperstone only becomes meaningful if you're trading fifty-plus lots monthly on major pairs.

Breaking Down the Cost Differences

Spread betting costs come from two places: the spread itself (the gap between buy and sell price) and overnight funding if you hold positions past 10pm UK time. Commission-based accounts like Pepperstone Razor add a separate per-trade charge but offer tighter raw spreads in exchange.

On a standard lot of EUR/USD (worth about £100,000 notional), here's what each broker costs:

  • Pepperstone Razor: 0.0-0.1 pip spread plus £4.50 round-trip commission = roughly £5.50 total
  • Spreadex: 0.6 pip fixed spread, no commission = roughly £6.00 total
  • Capital.com: 0.6 pip spread, no commission (*other fees apply) = roughly £6.00 total
  • IG: 0.6 pip spread, no commission = roughly £6.00 total
  • Pepperstone Standard: 0.6 pip spread, no commission = roughly £6.00 total
  • Saxo: 0.6 pip spread = roughly £6.00 total
  • CMC Markets: 0.7 pip spread = roughly £7.00 total

The gap between Spreadex and Pepperstone Razor is about 50p per lot. Trade ten lots a month and you're saving £5. Trade a hundred lots and it's £50. Whether that saving justifies giving up fixed spreads and the free TradingView Premium depends on your trading style.

Spreadex matches IG and Capital.com on cost while offering fixed spreads and free TradingView Premium

Overnight Funding Matters for Swing Traders

If you hold positions overnight, funding charges apply. These are calculated based on the relevant interbank rate (SONIA for sterling instruments) plus a broker markup, typically around 2.5% annually. On a £10,000 position, that works out to about 70p per night.

Can I Spread Bet Forex Directly from TradingView Charts?

Yes. Spreadex, Capital.com, IG, Pepperstone, CMC Markets, and Saxo all let you place spread bets directly from TradingView charts. You connect your account through TradingView's broker panel, then you can trade, set stops and targets, and manage positions without switching platforms. Spreadex offers the smoothest integration experience, though all six brokers have occasional technical hiccups.

How the Integration Actually Works

TradingView connects to your broker via API. Once you've linked your account (takes about two minutes), you can place orders by clicking on the chart or using TradingView's order panel. Your positions, pending orders, and account balance sync between the platforms, usually within a few seconds.

The order types available through TradingView include market orders, limit orders, stop orders, stop-limits, and OCO (one-cancels-other) setups. You can also set bracket orders with built-in stop-loss and take-profit levels attached to your entry.

Known Problems with the Integration

IG's TradingView connection carries a 4.8/5 rating from users who've reviewed it on TradingView's broker page. The common complaints:

  • Some instruments randomly become untradable through TradingView while still working on IG's own platform.
  • Open positions sometimes don't display on certain charts, particularly NASDAQ and US indices.
  • Crypto spread bets aren't available through TradingView at all—IG's platform only.
  • Connection drops during volatile market periods, requiring re-login.

These aren't dealbreakers for most users, but they mean you should keep your broker's native platform bookmarked as a fallback.

Which TradingView Broker Has the Tightest Index Spreads?

Most of the six brokers charge similar spreads on major indices like FTSE 100 (1 point) and S&P 500 (0.4 points). IG's advantage isn't tighter spreads—it's access to 69 index markets for spread betting compared to 23-42 at competitors. If you want the Singapore Blue Chip or South Africa Top 40, IG is your only option among TradingView-connected brokers.

Minimum spreads during market hours. Spreads widen outside regular trading sessions.

Extended Hours Trading

IG offers trading on US indices from 11pm Sunday through 10pm Friday UK time, with short daily breaks. During out-of-hours periods, expect spreads to widen by 2-4 points on major markets. Liquidity is thinner, so larger orders may see more slippage.

What's the Best TradingView Broker for Spread Betting as a Beginner?

Spreadex is the best option for beginners thanks to its fixed spreads, straightforward pricing, and free TradingView Premium offer. The fixed spread model removes the uncertainty of variable pricing, and the TradingView integration makes chart-based trading accessible from day one. IG Academy provides more structured courses if formal education is a priority, but Spreadex's simplicity and UK-based phone support make it the easiest starting point.

Spreadex leads on beginner-friendliness with fixed spreads, simple pricing, and free TradingView Premium

Why Guaranteed Stops Matter for New Traders

A guaranteed stop closes your position at exactly the price you set, even if the market gaps straight through it. Normal stop-losses can slip during fast moves or when markets reopen after weekends. For a new trader still figuring out position sizing and risk management, guaranteed stops provide a hard ceiling on potential losses. Spreadex, IG and CMC charge a small premium for guaranteed stops—the cost shows up as a slightly wider spread on the trade. Pepperstone doesn't offer them at all.

How Are UK Spread Betting Brokers Regulated?

All UK spread betting brokers must hold authorisation from the Financial Conduct Authority (FCA). FCA rules require segregated client funds, negative balance protection for retail traders, and standardised leverage limits. IG and CMC Markets carry additional oversight as FTSE 250 listed companies with public reporting requirements. FSCS covers eligible deposits up to £120,000—raised from £85,000 in December 2025.

What the FCA Requires

  • Segregate client money: Your funds sit in separate accounts at regulated banks, not mixed with the broker's operating cash.
  • Provide negative balance protection: Retail accounts can't go below zero—if a position blows up faster than the broker can close it, they absorb the loss.
  • Apply leverage caps: 30:1 maximum on major forex, 20:1 on minors and gold, 10:1 on commodities, 5:1 on shares, 2:1 on crypto.
  • Disclose loss rates: Every broker must show what percentage of retail clients lose money, updated quarterly.

IG and CMC being FTSE 250 constituents means they file audited accounts, face governance requirements, and get scrutinised by analysts. You can read IG's annual report yourself and see their financials. Pepperstone and Capital.com, as private companies, don't offer that same level of visibility, though both remain fully FCA regulated.

Conclusion: Why Spreadex Wins for TradingView Spread Betting

Spreadex is the best choice for most UK spread bettors using TradingView. It offers fixed spreads from 0.6 pips, tax-free spread betting, FCA regulation (FRN 190941), and three months of free TradingView Premium with a £500 deposit. Capital.com suits traders who want commission-free CFDs (*other fees apply) across 5,000+ markets. IG remains unmatched for market breadth with 17,000+ instruments. Pepperstone suits high-volume forex traders who want the absolute lowest costs. But for a single broker that combines TradingView integration, transparent pricing, and beginner-friendly simplicity, Spreadex is the answer.