Uk Spread Betting
You can go long as well as short on a wide range of global instruments.
Uk spread betting. So while you could opt to mimic a traditional trade that profits if the underlying asset rises in price known as going long you could also open a spread bet that will profit if the underlying asset falls in price known as going short. Tax law may differ in a jurisdiction other than the uk. Best trading app as awarded at the advfn. 1 point spreads available on the uk 100 germany 30 france 40 and australia 200 during market hours on daily funded trades and cfds excluding futures.
1 applies to uk spread betting. For a truly great spread betting experience you cannot go wrong with ig. Tax laws are subject to change and depend on individual circumstances. 2 based on revenue excluding fx published financial statements june 2020.
Spread betting is a derivative product. However tax laws are subject to change and depend on individual circumstances. Operating since 1974 ig is perhaps the most experienced spread betting broker traders will come across they are also a highly innovative broker offering some of the best technology available today and a dma trading environment traders can take advantage of ig s web platform which is built to handle spread betting. Spread betting is a tax efficient way of speculating on the price movement of thousands of global financial instruments including spread betting forex indices cryptocurrencies commodities shares and treasuries spread betting is one of the most common ways to trade on price action over several asset classes in the uk and ireland.
Please seek independent advice if necessary. Spread betting is also exempt from uk capital gains tax. This in addition to the tax advantage is why many uk and ireland residents choose to spread bet instead of trading cfds. You can place these bets on many financial markets including global stock markets and indices forex commodities interest rates futures options and bonds.
Spread betting is a tax efficient alternative to conventional trading. This is a place where we can inform and educate little and hopefully. Cfd trading accounts are charged commissions. Spread betting is a tax efficient way of speculating on the price movement of thousands of global financial instruments including indices shares currency pairs commodities and treasuries.
What is spread betting. 3 best trading platform as awarded at the advfn international financial awards and professional trader awards 2019. Spread betting enables you to speculate on markets that are decreasing in value as well as those that are increasing. With spread betting spreads include a mark up but there are no commissions to pay all trading costs are built into the spread.