Spreadbetting
Financial spreadbetting has many benefits for trading
share prices, indices, forex and commodities. Dealing costs are non existent because
the spreadbetting bookmaker will allow free dealing as they take their
commissions from their quoted spread.
In the UK and many other countries all profits from
spreadbetting are tax free. This is a big advantage for traders who may have
already hit their maximum amount of profit before capital gains tax is applied.
Online spreadbetting of financial markets is done
in a very similar way to a standard broker, and the online trading platforms
are second to none. Each stock or index will quote you a buy or sell price, you
simply buy or sell the price with an amount per point. For example you could
sell the Dow Jones Index at £10 per point at 10550. If the Dow Jones traded
down to 10500 you would buy the Index to close the spreadbet. Your profit would
be 50 points x £10 = £500.
Spreadbetting also carries the same amount of
risk as any other trading method. So it always wise to try out a fully
functional demo account from a company first.
You can try out a free virtual money demo account at Capital Spreads by signing up here
Financial Spread Betting was developed in the UK
and is NOT available in all countries. For example, it is NOT available to USA residents. Some countries
offer spread betting and other countries allow residents to have an account
with a UK spread betting company and conduct business on-line. To our knowledge
it is available to most European residents as well as residents in Australia
and many other countries. Please check your local laws and tax regulations