Since the UK left the European Union, the FCA may revert to the competitive trading environment before the European Securities and Markets Authority introduced arguably uncompetitive changes. Many have a regulated office in the UK, which exposes traders to the UK regulatory environment and does not offer friendlier trading rules. UK and Irish traders may open a spread betting account with any international broker, widening the choice for traders.Ireland comes in second, where the Central Bank of Ireland regulates the financial sector. Since the UK accounts for most spread betting activity, the UK Financial Conduct Authority (FCA) remains the most trusted and capable spread betting regulator.Some exceptions to the regulatory environment exist, where trustworthy brokers operate out of business-friendly jurisdictions but supplement the absence of regulation or light regulation with security features on par with or superior to what regulated brokers offer. Regulated spread betting brokers also have a reputation to maintain and are less likely to violate rules and regulations. While it does not eliminate risks, it drastically decreases the risk of malpractice and fraud.
What to Look for When Evaluating a Spread Betting Broker
