Of course, spread betting is high risk and learning with real money can be expensive. Therefore some firms run spread betting accounts where you can trade with 10p stake sizes for the first 4 weeks or 8 weeks.
We have listed a few options below but, these do come and go. Therefore check with your spread betting company on what they are currently offer.
Spread Betting with 50p Stakes
ETX Capital have been running their main spread betting account with 50p stakes for the last few years.You can also trade with £0.50 stakes with Financial Spreads.
£1 Stake Size
The majority of firms listed on this site, e.g. CMC Markets, InterTrader, Plus500, Tradefair and Spreadex run accounts where the minimum stake is £1 as standard.Spread Betting with 10p Stakes
Finspreads offers low stake sizes to new clients, starting from just 10p per point, for the first eight weeks, so traders can learn the ropes of financial spread betting in bite sized pieces.According to Finspreads:
Some people like to delve head-on into the world of , placing trades based on intuition and then waiting it out to see whether the risk has paid off.
Most others, however, err on the side of caution, preferring to dip their toe into the financial markets first, before determining whether they should stay on and continue to trade.
Finspreads offers aspiring traders a chance to test drive the spread betting markets with low stake sizes.
Starting from just 10p per point, you can first try your hand at trading with very small trade sizes, before taking the leap on the deep side.
Temporary Low Stakes with City Index
Below, City Index talk through their low stake size option, 10-May-12.The City Index ‘Learn to Trade’ Programme allows participants to access exclusive minimum trade sizes of 25p per point and commission rates from just £5 per CFD trade for four weeks from the day they first fund their account.
Other features of the Learn to Trade Programme include:
- Intuitive Online Trading Platform Discover a selection of cutting-edge risk management tools, market news, charting and more than 12,000 global financial markets on the City Index online trading platform.
- Award-Winning iPhone™ and Mobile Trading Voted the FT’s Innovation of the Year and Best Mobile Trading Platform by readers of MoneyAM, City Index allows you to trade wherever you are and whenever you want with Android and iPhone spread betting.
Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.