Financial Spread Betting Account
|
|
|
Financial Spread Betting in the UK
If you are interested in trading in financial spread betting then you need to open a financial
Spread betting account.
With an account you can trade online giving you access to trade on a wide range of different markets. Shares, stock market indices, commodities and forex are some of the trading options generally available.
We offer free access to a wide range of information on the spread betting companies. You can also get
free spread betting tips on a variety of spread betting markets.
Advantages of Spread betting
- Financial spread betting profits are tax free*. Profits from financial spread betting are not subject to income tax, capital gains tax or stamp duty. What's yours is yours.
- There is no commission when you trade online using your spread betting account. Unlike many online share dealing services there is no £10-£15 cost per trade
- Wide access to markets giving you more flexibility to spread trade on different markets of your choice. This provides a wide range of investment opportunities
- Leverage allows you access to good slice of the action without having to deposit large sums first. Warning - this facility can get you into trouble if you are not calculating the potential downside of losing bets
- It gives you the added advantage of being able to profit on markets that are going down as well as up
Factors to Consider When Spread Betting
Financial spread betting companies can provide you with a spread betting account. You should read the terms and conditions in detail. All firms offer deposit accounts, some also offer spread betting credit accounts.
If you are relatively new to spread betting or would simply like to lower your risk levels then you should opt for a deposit account eg like the standard account available at FinancialSpreads.com. This can help keep you out of trouble by reducing the size of your trading positions.
You should consider using a stop loss account which helps minimise your risk. This type of account basically minimises your risks by automatically closing your bet once you reach a certain loss level. Note that "automatic stop losses" are not guaranteed. If the market moves quickly you may find that your spread bet is closed out at a different value. Again the FinancialSpreads account is one place to start as is offers automatic stop losses.
It is essential to complete thorough market analysis on the products that you would like to trade on. Go into your chosen market with your eyes open ie make sure you calculate your worst case scenario.
www.clearfinancial.com provides free
financial spread betting information
including tips and strategies. We aim to provide helpful trading information that covers a variety of different markets.
Financial Spreads >>
"With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read
Financial Spreads review.
|
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It 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.
'Financial Spread Betting Account Information' by KK, updated 01-Dec-08
For related pages also see:
Financial Spread Betting Accounts, updated 05-Dec-08
Financial Spread Betting Account options and Spread Betting Company information. There are several companies that...read article: Financial Spread Betting Accounts.
Financial Spread Betting Account Information, updated 01-Dec-08
Financial spread betting account profits are tax free*. Profits from financial spread betting are not subject to income tax, capital gains tax or stamp duty. What's yours is yours. There is no commission when you trade online using your spread betting account. Unlike many online share dealing services there is no...read article: Financial Spread Betting Account Information.
|
|
Q) Average Trading Results?
A) Get free spread betting tips, offers, price updates, important news and more!
|
|
