Yes, you can spread bet through TradingView, but the availability of this feature depends on the broker you use. TradingView is primarily known for its advanced charting tools and community-driven insights, but it can also be connected to brokers for executing trades, including spread betting and CFD trading. In this guide, we’ll explore how you can spread bet via TradingView, which brokers support this feature in the UK, and why Pepperstone stands out as the best broker for spread betting on TradingView.
What is Spread Betting?
Spread betting is a form of derivative trading where you bet on the price movement of an asset, such as a stock, forex pair, or commodity, without owning the underlying asset. The “spread” refers to the difference between the bid (sell) and ask (buy) prices. In spread betting:
- If you think the price will rise, you go long (buy).
- If you think the price will fall, you go short (sell).
The more the market moves in your favor, the greater your profit. However, the opposite is also true, and losses can exceed your initial stake if the market moves against you.
Spread betting is particularly popular in the UK because profits are tax-free, and you don’t pay stamp duty or capital gains tax, making it an attractive option for many traders.
The Best Brokers Supporting Spread Betting on TradingView
Here are the top brokers in the UK that allow you to spread bet through TradingView:
1. Pepperstone – Best Broker for Spread Betting on TradingView
Pepperstone stands out as the leading broker for spread betting via TradingView due to its low spreads, high-speed execution, and advanced trading infrastructure.
- Razor Account: Offers spreads from 0.0 pips and a low commission structure, ideal for those who want to minimize their trading costs. This is especially important in spread betting, where the spread can significantly impact profitability.
- Integration with TradingView: Pepperstone provides seamless connectivity to TradingView, allowing traders to benefit from its charting tools, market insights, and community ideas while executing trades directly through their Pepperstone account.
- Regulation: It is regulated by top-tier authorities such as the FCA in the UK, ensuring a safe and secure trading environment.
- Platforms: Besides TradingView, Pepperstone also supports MetaTrader 4/5 and cTrader, giving you a variety of options if you wish to switch platforms or expand your trading strategy beyond TradingView.
2. ActivTrades
ActivTrades is a well-regarded UK broker that offers deep liquidity and access to a wide range of markets. It supports TradingView, providing robust trading tools for spread betting.
- Competitive Spreads: ActivTrades offers spreads starting from 0.5 pips on major currency pairs, which is appealing for traders looking to spread bet.
- Multi-Platform Access: In addition to TradingView, ActivTrades supports MetaTrader 4/5 and ActivTraderfor versatile trading options.
- Strong Regulation: The broker is FCA-regulated and known for its high standards of customer protection.
3. Forex.com
Forex.com is another major broker that supports spread betting through TradingView. Known for its wide array of markets, Forex.com provides access to thousands of instruments, including forex, indices, stocks, and commodities.
- Variety of Accounts: Forex.com offers different account types, including DMA and Standard accounts, suitable for both beginner and advanced traders.
- Integration with TradingView: The broker allows full integration with TradingView, making it easy to place trades directly from the charts.
- Spread Betting & CFD Trading: Forex.com provides access to both spread betting and CFD trading, with a strong focus on forex markets.
4. City Index
City Index offers spread betting through TradingView and stands out for its intuitive platform and broad range of tradable markets, including forex, shares, and commodities.
- Advanced Charting: City Index integrates with TradingView to offer advanced charting features, ideal for technical traders who rely heavily on data analysis.
- Wide Range of Instruments: The broker provides over 8,500 instruments for spread betting and CFD trading, giving traders ample opportunities to diversify their portfolios.
- Regulation: As part of the StoneX Group, City Index is regulated by the FCA in the UK, offering a secure trading environment.
5. Eightcap
Eightcap is another popular broker that provides TradingView integration for UK traders. Known for its low spreadsand fast execution, Eightcap is a good option for both beginner and professional traders.
- Advanced Trading Tools: Like the other brokers, Eightcap supports the full suite of TradingView tools, including indicators, drawing tools, and advanced charting capabilities.
- Regulation: Eightcap is also FCA regulated, ensuring a secure and compliant trading experience.
Why Pepperstone Leads the Pack
While all these brokers offer great platforms for spread betting through TradingView, Pepperstone takes the lead for several reasons:
- Lowest Spreads with Razor Account: With spreads starting from 0.0 pips and low commissions, Pepperstone provides the most cost-effective trading conditions, where minimizing the spread is crucial.
- Superb Execution Speed: Pepperstone’s low-latency execution ensures that your trades are placed as quickly as possible, reducing the chances of slippage in volatile markets.
- Broad Range of Instruments: Pepperstone offers access to forex, indices, commodities, and more, making it an ideal choice for traders looking to diversify their spread betting portfolio.
- Excellent Platform Support: Along with TradingView, Pepperstone also offers MetaTrader and cTrader, making it easy to switch between platforms if needed.
- Trusted and Regulated: With FCA regulation and multiple global accolades, Pepperstone provides a safe, secure, and trustworthy environment for spread betting.
Conclusion: Best Broker to Spread Bet on TradingView
Yes, you can spread bet through TradingView, and multiple brokers in the UK support this feature. Pepperstone stands out as the best broker for spread betting on TradingView due to its low-cost trading, excellent execution speed, and strong regulatory oversight. Whether you’re a beginner looking for a user-friendly experience or a seasoned trader aiming for tight spreads and fast execution, Pepperstone is the top choice for spread betting on TradingView.
Other brokers, such as Forex.com, City Index, and ActivTrades, also provide excellent options for spread betting, each with its unique features. However, Pepperstone offers the best combination of low costs, speed, and platform flexibility, making it the go-to choice for traders who want to take full advantage of TradingView’s powerful charting tools while spread betting.
James is a former FTSE100 AI Director and trader with 10+ years trading his own capital. He is the Managing Director of SpreadBet.AI and currently trades his own capital through both CFD trading & spread betting as well as working with one of the leading prop firms in the world.
