Compare 4 best crypto spread betting brokers in 2025

If you want to start spread betting cryptocurrency, you need to choose a broker that works for you. Our experts have rated and reviewed the best crypto spread betting brokers to help you find one.
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Updated on Oct 28, 2024
Reading time 15 minutes

Our team of experts tried all the leading cryptocurrency brokers to find out which ones offered the best spread betting service. We tested out their accessibility, the range of crypto assets on offer, and how easy it was to get started.

After each expert had created a personal list of their favourite platforms, we compiled them all together to create a final overall ranking. Read on to find the best cryptocurrency spread betting brokers and discover what makes them so good.

Best crypto spread betting platforms for 2025

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  1. eToro: Best for beginners, copy-trading & demo-account
  2. Public: Best for AI analysis

Where can I find the best crypto spread betting platforms?

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This list shows our top rated betting platforms that you can use to start trading spread bets today. Click any of the links in the table to sign up, or keep reading to learn more about spread betting.

We found 2 spread betting platforms for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 3600+
Demo account Yes

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Public.com review
4.4
Public
Min. Deposit $20
Fees 1-2%
No. assets 9000+
Demo account No

Public.com review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

Top 4 crypto spread betting brokers, reviewed

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We found 23 crypto platforms for users based in

1. eToro. Best for beginners, copy-trading & demo-account

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4.5
Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

Fees & Costs

Pros & Cons

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.

2. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

3. Kraken: Best for simple, global cryptocurrency trading from your phone

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3.5
Ratings

$10

Min. deposit

0.10% - 0.26% (volume dependent)

Fees

90

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

4. Uphold. Best for building long term wealth

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4
Ratings

$1

Min. deposit

$0

Fees

300

No. assets

Yes

Demo account

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies. 

Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention. 

Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies. 

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Fees & Costs

Pros & Cons

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

What is cryptocurrency spread betting?

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It’s the practice of placing a bet on how you think a cryptocurrency (such as Bitcoin) will perform. Essentially, you’re betting whether the price of that asset will rise or fall from the prices provided by a broker.

Each crypto spread betting broker offers a buy and sell price (known as the ‘bid’ and ‘ask’ price) for a cryptocurrency and you place a bet on either one, depending on how you think the price is going to perform in the future. If you bet on the price to increase and it goes up, you make money. If you bet on it to increase and it goes down, you lose money.

Trading spread bets is different to regular cryptocurrency trading. How spread betting works is that the money you make is based on the number of ‘points’ a price changes multiplied by your original stake, rather than the absolute value of the change. Points are usually measured in either $1 or $0.1 increments.

For instance, let’s imagine the Bitcoin price is $30,000 and you bet $5 per point on the price to increase:

  • If the price increases to $30,005, you would make $5 (your stake) x 5 (the number of points the price has changed). Or $25 in total.
  • Had you bought one Bitcoin instead, you would have made just $5

This is relatively simple to understand, but you need to be careful with your stakes. Cryptocurrency prices can move very quickly and if you place a large stake on every point of change there is a high chance of losing money rapidly.

Read more: can you make a profit from spread betting crypto?

Do I have to use a broker to spread bet crypto?

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Yes, the broker is like the house in a casino. You need someone to offer crypto spread betting markets and to take the other side of your bets. The broker plays a vital role because it sets the bid and ask price for each coin. You can’t spread bet Bitcoin without one.

What should I look for in a spread betting service?

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When you look for a broker you should be after one that makes crypto spread betting as simple and easy to understand as possible. You also want to prioritise secure, regulated platforms and ideally find one with a free demo account so you can practice. Here is a quick list of things to look out for:

  • A regulated platform. The Financial Conduct Authority (FCA) oversees and regulates most reputable brokers in the UK. Whatever platform you choose, make sure it’s regulated by the FCA. You can do this by searching for a company’s registration number on the FCA website.
Region eToro regulators Public regulators
Africa
Asia
Australasia ASIC
Europe FCA, CySEC
International
North America FinCEN SEC, FINRA, SIPC
South America
View more > eToro > Public >
  • Variety of payment methods. Pick a platform that allows you to deposit and withdraw funds in whatever way best fits your needs. Bank transfers are a common way to fund crypto spread betting accounts, and some platforms will accept newer payment methods, such as cryptocurrency.
  • Low spreads. Competitive spreads mean a cheaper cost of trading spread bets. As the cost of trading is included in the spread, you want to find as low ones as possible. The cryptocurrency spread is the difference between the buy price (bid) and the sell price (ask) that a broker offers you.
Product eToro spreads Public spreads
Stock CFDs 0.15%
ETF CFDs 0.15%
Forex CFDs From 1 pip
Crypto 1% Variable
Index CFDs From 0.75 points
Commodity CFDs From 2 pips
View all tradable assets > eToro > Public >
  • Suitable deposit and withdrawal limits. Different spread betting platforms offer deposit and withdrawal limits. Pick a platform that’s right for the level of trading you want to do, whether it’s small bets or much larger value trading.
  • Good reputation. User reviews are often the best way to gauge spread betting companies’ reputations. Take the time to scrutinise those reviews so you know your chosen platform ticks all the boxes, from customer service to design and ease of use.
Product eToro spreads Public spreads
Stock CFDs 0.15%
ETF CFDs 0.15%
Forex CFDs From 1 pip
Crypto 1% Variable
Index CFDs From 0.75 points
Commodity CFDs From 2 pips
View all tradable assets > eToro > Public >
  • Design and ease of use. UX is an important factor to consider when choosing a platform. The better designed the platform is, the smoother your user experience will be. Ease and speed of use are particularly valuable factors when the moment of truth comes and you’re ready to place a bet, and when you’re tracking the performance of your spread bets on more volatile markets like cryptocurrency.
  • Variety of cryptocurrencies. Whichever broker you choose, make sure it offers the variety of crypto currency pairs you’re looking for. Most platforms will have crypto options that go well beyond just Bitcoin, so you can trade cryptos like Bitcoin Cash, Ethereum, Ripple, Solana, and many others.

What are the trading hours for crypto spread betting?

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Some spread betting firms let you spread bet cryptocurrencies around the clock, but most spread betting platforms have selected weekly trading hours. The majority open on Sunday night and close on Friday, and only a few offer 24/7 access. Below you’ll find crypto spread betting trading hours for some of the best known platforms.

Spread betting brokerCrypto trading hours
IG24 / 7
CMC MarketsSunday 23:00 – Friday 21:00
ETX CapitalSunday 23:00 – Friday 21:55
Pepperstone24 / 7
SpreadEXSunday 22:00 – Friday 21:15

The above trading hours are similar across all spread betting brokers. Some platforms also have trading breaks. These are usually once or twice a week and occur around midnight and last from a few minutes or an hour or two. During a trading break, you won’t be able to open or close trades. 

What happens during the weekend in crypto spread betting?

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Unless your broker offers 24/7 trading hours, you won’t be able to spread bet crypto over the weekend. When trading comes to a close on Friday evening, any positions you have live will remain open until trading resumes on Sunday night.

Keeping trades open over the weekend can be a risky strategy, especially in the cryptocurrency market which is known to be volatile. As spread betting is a leveraged product and traded on margin, you run the risk of losing more money than you’ve deposited if prices go against you over the weekend.

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Crypto spread betting is allowed in the UK and Ireland, but it’s banned in the United States and Australia. The main reason for this is that spread betting is classed as a form of gambling, and the US and Australia in particular have strict laws against gambling, at least for now.

You may also find that there are limits on who can spread bet even in countries where it is legal. Even in the UK and Europe, spread betting is considered gambling and regulated as such. With that said, in the parts of the world where it is allowed, spread betting is an extremely popular way to trade financial markets.

Quick answers to key questions

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What is the difference between crypto spread betting and CFDs?

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The main difference is the tax status. Spread betting is classed as a form of gambling and so is tax-free, while any money you make from CFD trading is liable to be taxed. The other key difference is that spread betting is only available in the UK, while CFD trading is more widely available.

Here is a quick summary of the two approaches and their similarities and differences.

FeatureSpread bettingCFDs
Tax statusExempt from capital gains taxSubject to capital gains tax
CommissionsNo commission charges applyCommissions apply
ShortingYou are able to go both long and shortYou are able to go both long and short
LeverageSpread betting is a leveraged productCFDs are leveraged products
Trading hoursDepends on the platform. Most often 24/5.CFD trading is available 24/7
Trade sizeThe minimum trade size is normally £1 per point.Each broker has a different minimum trade size
AccessibilityOnly available to professional clientsRetail traders can trade crypto CFDs
RegulationBrokers must be regulated by the Financial Conduct Authority.Brokers most often regulated by European regulators

Do I own the assets I’m trading on a crypto spread betting platform?

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No. When you’re betting on cryptocurrency, you’re betting on the price changes of a particular crypto, but you never actually own the coin in question. That means you don’t have to worry about digital storage or hackers. It also means you can trade faster and take advantage of market fluctuations to land gains.

When is the best time to spread bet the crypto market?

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Usually the best time to trade cryptocurrencies is when the market has the highest trading volume, or is most active. It is nearly impossible to predict when this will happen as lots of factors need to be considered, however, according to data from Bitcoinity, volume in the Bitcoin market tends to pick up around 7am when European markets open.

Can I use leverage when spread betting cryptocurrency?

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Yes, it’s common to use high leverage when spread betting. When you use leverage you place a large bet and put a small amount of money down as a deposit – known as the ‘margin’ – and your broker provides the rest of the money. Many professional traders trade this way, but there is a high risk of losing money rapidly with leverage and retail investors should be careful.

Here’s a look at the available leverage for financial spread betting from the top three best spread betting brokers:

Product eToro maximum leverage Plus500 maximum leverage Coinbase maximum leverage
Stock CFDs 1:5 1:5
ETF CFDs 1:5 1:5
Forex CFDs 1:30 1:30
Crypto 1:2 1:3
Index CFDs 1:10 1:20
Commodity CFDs 1:10 Up to 1:20
View more > eToro > Plus500 > Coinbase >

Trading with leverage is highly risky and can result in significant losses. We do not recommend that beginners trade with leverage.

What are the tax laws on spread betting profits?

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In the UK, spread bettors are not required to pay capital gains tax or stamp duty. That gives the method an advantage over using CFDs, stock investing, and buying physical commodities.

Are crypto spread bets safe and secure?

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Yes, cryptocurrency spread betting is no different to using CFDs, stock market investing or other trading methods in terms of security. In fact, arguably spread bets are more secure than other forms of cryptocurrency trading because all the brokers that offer spread betting must be regulated. 

The most important thing in terms of keeping safe is to understand how spread bets work. In particular, how points of difference are measured. Bitcoin spread betting is likely to be a bit different to Dogecoin or Cardano, for example, because the price is significantly higher to start with. 

Bitcoin spread betting is likely to be measured in units of $1, whereas Dogecoin might be $0.1 or even $0.01. Take care to make sure you know exactly what you’re betting on.

Can I bet on multiple assets?

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Yes, you can. Cryptocurrency spread betting lets you bet on lots of different types of cryptocurrency, it just depends on what coins are available with each broker. It’s much easier to spread bet Bitcoin than smaller altcoins, simply because there’s more likely to be a broker that offers a market for it. Below you can find the available assets when you open a spread betting account with a broker:

Product eToro assets Plus500 assets Coinbase assets
Stock CFDs 3117 1,800+
ETF CFDs 317 100+
Forex CFDs 49 50+
Crypto 73 150+
Index CFDs 20 20+
Commodity CFDs 26 20+
NFTs 100,000 300+
View more > eToro > Plus500 > Coinbase >

Exact figures may vary. NFTs are accessed through Delta, an NFT explorer app which is owned and operated by eToro.

Do crypto spread betting platforms charge fees?

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No, cryptocurrency spread betting platforms usually don’t charge fees; they make their money from the spread of your bet. The wider the price spread, the more money they make (and the bigger the gain you have to net just to break even). 

This is one of the main differences between spread bets and CFDs, because with CFD trading you are likely to have to pay fees. Whereas when trading spread bets the price is normally included as part of the spread.

You may however be charged other fees, for example, deposit and withdrawal fees. Below are some of the types of fees you may encounter when using the best spread betting broker:

Fee eToro fees Plus500 fees Coinbase fees
Trading fees Yes, on certain assets No Yes
Inactivity fees Yes Yes No
Rollover/overnight fees Yes, on CFDs Yes No
Withdrawal fees Yes No Yes
Spreads Yes, on certain assets Yes Yes
Conversion fees Yes, for non-USD currencies Yes Yes
View more > eToro > Plus500 > Coinbase >

Should I use a spread betting broker?

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That’s up to you. If you want to bet on Bitcoin quickly and simply without having to worry about storing it, using a cryptocurrency spread betting broker is a great option. Another benefit of crypto spread betting is that it is tax free, which makes it a top choice for anyone wanting to keep hold of all of their profits.

However, cryptocurrency spread betting is only an option to traders in the United Kingdom and Ireland. If you live in the United States or most other countries around the world, it’s not available. In that case, your best option is to trade CFDs instead. There are many similarities between spread bets and CFDs, so you don’t need to worry about learning a whole new form of cryptocurrency trading.

Even for traders in the UK, crypto spread betting is limited to professional clients. To qualify as a professional you must deposit a large amount of money – in the hundreds of thousands – and have proof of significant trading volume over the last year. Retail investors are better off trying out CFD trading instead of crypto spread bets.

What are the risks of using a crypto spread betting platform?

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Cryptocurrency spread betting platforms are generally considered safe but you should always make sure to use one that’s regulated in your region. There are lots of benefits of using one as well as a couple of risks which we have summarised below:

Benefits

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  • You can make spread bets instantly on the crypto you want
  • Spread betting is tax free
  • Spread betting platforms have lots of technical tools to make market analysis easier
  • There are usually no fees or commissions

Risks

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Methodology: How we chose the best crypto spread betting brokers

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Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 63 crypto betting platforms to provide our users with clear, accessible guidance on the betting options available. All testing is carried out by our panel of crypto experts, analysts, and active bettors, who sign up to each broker, conduct research, and score each service.

Our tests are designed to find crypto spread betting services that offer a beginner-friendly, secure gambling experience at a fair price. To supplement our practical testing and experience, we research each spread betting platform to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each crypto betting service is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.
We work closely with individual crypto brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.

FAQs

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01

What are some of the crypto assets you can spread bet?

02

How long can you keep a spread bet open?

03

What’s the built-in risk of spread betting?

04

Where can I find tighter spreads?

05

What’s the biggest disadvantage of trading with leverage in a spread bet?

06

Is there a way to mitigate that risk with standard stop-loss orders?


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...