What are the benefits of spread betting?
For UK residents the profits made from financial spread betting are completely free of capital gains and income tax. Financial spread bets are also free from stamp duty. It's important to remember that tax law may change or differ depending on your personal circumstances or if you do not pay tax in the UK.
Needs only a small deposit
As spread betting is a leveraged product you only need to deposit a small percentage of the trade in advance, providing you with the opportunity to benefit from the moving markets with only a fraction of the upfront cost. Of course spread betting on margin can amplify your losses if the markets move against you.
You can spread bet on a number of different global instruments, such as forex, equities and commodities all from one account. Spread betting is a cost effective way to start trading new and exciting markets.
Flexible trading hours
Our overnight trading desks allow you to stay in touch with the markets and to seize trading opportunities when they arise. We are open from Sunday evening right through to the US market close on Friday evening.
Trade commission free
The only charge is our dealing spread, so there are no commission fees you would normally expect when trading shares with a stock broker, enabling you to trade in smaller quantities cost efficiently
Long or short
With spread betting you can go long or short on market prices, which allows you to profit even when the markets are falling.