Spread Betting is a way of betting on the movement of a particular share over a pre determined period of time. This can either be one day, or a longer period, up to typically a maximum of 6-12 months. As you are not purchasing the share, there is no Stamp Duty Payable on entering into the trade, and Capital Gains Tax also does not apply on exiting the trade.
As shares are highly volatile, it is possible to lose your money as well as making significant gains. We would recommend using stop losses to ensure that you are not overly exposed at any time. In addition, it is always important to understand your exposure, as it is possible to lose more than your capital if the market is to dramatically change.
We have selected some of the UK’s leading Spread Betting providers and platforms to enable you to practice, and bet live.
