Financial spread betting is a leveraged derivative product that allows individuals to speculate on the price movements of financial markets, such as indices, currencies, commodities, Crypto currencies or shares without owning the underlying asset. Clients place a bet on whether the price of a chosen market will rise or fall, and their profit or loss is determined by the accuracy of that prediction and the extent of the market’s movement.

Spread betting can be tax free, Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK. Should you have any questions with regards to your personal tax circumstances you should seek independent professional advice.

Spread betting involves margin and leverage, therefore is a high risk product. It is primarily available to residents of the United Kingdom and Ireland and may not be permitted in other jurisdictions. Please note that Crypto currency trading on spreadbets is not available to retail traders.

You can start trading in Spread betting by submitting an application for a trading account. Once your application is approved, you can trade the product(s) of your choice by searching for them on the platform and executing trades via Spread betting on our web, desktop, or mobile platforms.

You can use spread bets to hedge your other holdings by opening a short position with a spread bet on the same asset you already own. If the market drops, the gain on the spread bet can help offset the loss on your holding.

Your profit or loss is based on the difference between the price you open and the price you close your Spread bet position at. If the market moves in your favour, you shall profit; if it moves against you, you lose. Any additional costs, such as financing charges are also subtracted from your overall profit or loss on the position.

Your profit or loss is based on the difference between the price you open and the price you close your CFD position. If the market moves in your favour, you shall profit; if it moves against you, you lose. Any additional costs, such as financing charges, swap rates, or currency conversion effects, are also subtracted from your overall profit or loss on the position.

No, you do not own the underlying asset when trading a CFD.

CFDs expose you to market risk, leverage risk, counterparty risk, volatility and gapping, margin call risk, and liquidity risk. Because CFDs are leveraged products, losses can exceed your initial deposit.

A pip is the tradable point in CFD trading. This means your position size correlates to the pip value you change, e.g., one standard lot of FTSE equals £10 per pip movement. If the market moves 5 pips, this is a profit or loss of £50.

The spread is the difference between the buy and sell price. It’s a built-in cost you pay when opening a CFD trade.

This is dependent on the classification of your account. Retail traders in accordance with regulation cannot have margin offsets.