What are the benefits of spread betting?
Tax Free
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 prohibitive 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.