Complete the Live Trading Account application form. Once we have verified identity, we will set up your account.
Deposit funds from a credit card, E-Wallet or bank transfer to start trading.
Trade on every device, including PC, Android, iPad and iPhone or via web browser.
Spread betting is a tax-free* way to trade on the price movements of instruments including FX and Metals for UK clients.
More importantly, spread betting is a leveraged product. In order to gain a comparatively large market exposure, you only have to put down a small deposit. This means that any profit or losses will be magnified.
It also makes spread betting a form of derivative trading, affording you the opportunity to take a position in the market without requiring a large investment in the underlying asset.
Active traders looking for tax-free profits*
Traders looking to diversify their portfolios with currencies and metals
No commission to pay
Trading with small investment using leverage
Trade on falling markets (going short) as well as rising markets (going long)
The spread betting market has two prices, the first price is the ‘SELL price’ and the second price is the ‘BUY price’, the spread is the difference between the BUY and the SELL price. In spread betting, the bid price is the value at which you can opt to go short if you anticipate a fall in the underlying market, whilst the offer price is the value at which you can go long if you predict the market price to rise.
As a result of the spread forming the difference between the bid and offer prices, the values at which you buy and sell will always be slightly higher and lower than the market price.