Restrictions on Use
Products and Services on this website are not suitable for Hong Kong residents. Such information and materials should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments.
Spread betting is a tax-free* way to take advantage of rising or falling markets, including FX and metals.
COMMISSION PER SIDE PER LOT
MAXIMUM LEVERAGE (RETAIL CLIENTS)1
EXPERT ADVISORS (EAS)2
NEGATIVE BALANCE PROTECTION (RETAIL CLIENTS)4
Complete the Live Trading Account application form. Once we have verified identity, we will set up your account.
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.
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.
*UK Tax laws are subject to change and depend on individual circumstances. Please seek independent financial advice as tax law may differ in a jurisdiction other than the UK. Spread betting is only available in the UK.
The Firm has taken the decision to cease providing services to retail clients, with immediate effect. We are therefore unable to accept any applications.
Services to professional clients will not be impacted. For professional applications please contact [email protected]