Financial spread betting has a number of benefits over the traditional methods of trading stocks, shares, currencies,
commodities and bonds and can also be used as an effective way of hedging against any existing portfolios.
Some of the key advantages to holding a financial spread betting account are:
- No Capital Gains Tax on profits*
- No broker’s or accountant’s fees to pay
- No stockbroker’s fees or stamp duty*
- The ability to profit from falling as well as rising markets
- Leverage - low cost of entry to trade on the world’s markets (minimal deposit and credit facilities
are available†).
Spread betting with Spreadex also has additional benefits, such as:
- State of the art online trading platform for quick, easy and secure execution of spread bets and viewing of your account
- Full charting suite of tools to aid your trade planning and analysis
- Ability to place guaranteed stop losses on index futures and most equities
- Freephone telephone access to the world’s markets
- Dedicated Spreadex broker to keep you up to date on global market movements
Of course, there are disadvantages to spread betting such as never owning the physical stock, the possibility of having
to make significant margin payments at short notice and the fact that you can lose more than your initial stake size.
*Spread betting is not currently subject to UK stamp duty or capital gains tax. However, tax laws may well change in
the future. Tax treatment depends upon the individual circumstances of each client.
†Subject to client status