Tired of traditional trading on the stock or commodity market? Welcome to the world of spread betting. While having the same risk as with the stocks, it’s tax-free and offers the opportunity to take profit whether the market is in green or red.
It covers a wide range of alternatives to bet on; Indices, individual shares, commodities and currency rates.
So, what is the Bet? Unlike traditional share trading, you never own the actual share or commodity. You only make a call on whether you think it will go up or down in value. You stake a certain amount of money per point movement; the more it moves in your favour the more money you make, the more it moves against your prediction, the more you lose.