Spread Trading Basics
Spread Betting
 

Spread Trading Basics

Spread Trading Basics

The spread betting companies all offer something different. We are not authorised to provide financial advice, arrangements or investments and for that reason we cannot say which is the best spread betting company.

Below we compare the spreads for markets such as the FTSE 100, GBP/USD, Gold and Oil.

We also compare services such as new account offers, 24 hour trading and automatic stop loss orders.

Each of the firms listed below is authorised and regulated by the Financial Services Authority.

This list is not meant to be inclusive; spread betting services are also available with companies not listed here.

Spread Betting Companies - Indices Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
FTSE 100 Daily - Spread Size 1 1 1 1 1 1 1 1
FTSE 100 Daily - Min Stake £1 £0.50 £2 £1 £1 £1 £1 £1
FTSE 100 Future - Spread Size 4 4-8 6 4 4 3 4 4
FTSE 100 Future - Min Stake £1 £0.50 £2 £1 £1 £1 £1 £1
Wall St Daily - Spread Size 2 1 2 2 2 2-4 2 2
Wall St Daily - Min Stake £1 £0.50 £1 £1 £1 £1 £1 £1
DAX 30 Daily - Spread Size 1 1 1 1 2 1 1 1
DAX 30 Daily - Min Stake £1 £0.50 £2 £1 £1 £1 £1 £1
S&P 500 Daily - Spread Size 4 4 5 4 3 5 4 4
S&P 500 Daily - Min Stake £1 £0.50 £1 £1 £1 £1 £1 £1
Nasdaq 100 Future - Spread Size 3 4-10 4 3 3 4 3 3
Nasdaq 100 Future - Min Stake £1 £0.50 £4 £1 £1 £1 £1 £1
Comparison Notes

Spread Betting Companies - Forex Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
GBP / USD Daily - Spread Size 2 2 2 2 3 0.8 2 2
GBP / USD Daily - Min Stake £1 £0.50 £0.50 £1 £0.5 £1 £1 £1
GBP / USD Future - Spread Size 8 8 12 8 8 - 8 8
GBP / USD Future - Min Stake £1 $0.60 £1 £1 £1 - £1 £1
EUR / GBP Daily - Spread Size 1 2 2 1 1 1 1 1
EUR / GBP Daily - Min Stake £1 £0.50 £0.50 £1 £0.5 £1 £1 £1
EUR / GBP Future - Spread Size 6 8 10 6 6 - 6 6
EUR / GBP Future - Min Stake £1 $0.60 £1 £1 £0.5 - £1 £1
EUR / USD Daily - Spread Size 1 1 1 1 2 0.8 1 1
EUR / USD Daily - Min Stake £1 £0.50 £0.50 £1 £0.5 £1 £1 £1
EUR / USD Future - Spread Size 8 8 12 8 8 3 8 8
EUR / USD Future - Min Stake £1 $0.60 £1 £1 £1 £1 £1 £1
USD / JPY Daily - Spread Size 1 2 1 1 2 0.8 1 1
USD / JPY Daily - Min Stake £1 £0.50 £0.50 £1 £0.5 £1 £1 £1
USD / JPY Future - Spread Size 8 8 12 8 10 - 8 8
USD / JPY Future - Min Stake £1 ¥100 £1 £1 £0.5 - £1 £1
Comparison Notes

Spread Betting Companies - Commodities Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
Gold Daily - Spread Size 4 5 5 4 4 5 4 4
Gold Daily - Min Stake £1 $0.60 £1 £1 £0.1 £1 £1 £1
Gold Future - Spread Size 6 8 6 6 6 7 6 6
Gold Future - Min Stake £1 $0.60 £1 £1 £0.1 £1 £1 £1
Brent Crude Daily - Spread Size 5† 6† 5 5† 4 5† 5† 5†
Brent Crude Daily - Min Stake £1 $2 £1 £1 £0.5 £1 £1 £1
Brent Crude Future - Spread Size 5 6 6 5 6 5 5 5
Brent Crude Future - Min Stake £1 $2 £1 £1 £0.5 £1 £1 £1
US Crude Oil Daily - Spread Size 5† 4 5 5† 4 5† 5† 5†
US Crude Oil Daily - Min Stake £1 $0.70 £1 £1 £0.5 £1 £1 £1
US Crude Oil Future - Spread Size 5 6 6 5 6 5 5 5
US Crude Oil Future - Min Stake £1 $2 £1 £1 £0.5 £1 £1 £1
Comparison Notes

Spread Betting Companies - Account Services Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
Online Application Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts Spread Betting Accounts
Credit Account Financial Spreads Credit Accounts City Index Credit Accounts IG Index Credit Accounts Tradefair Credit Accounts ETX Capital Credit Accounts GFT Credit Accounts InterTrader Credit Accounts Capital Spreads Credit Accounts
Deposit Account Financial Spreads Deposit Accounts City Index Deposit Accounts IG Index Deposit Accounts Tradefair Deposit Accounts ETX Capital Deposit Accounts GFT Deposit Accounts InterTrader Deposit Accounts Capital Spreads Deposit Accounts
Stop Loss Available Financial Spreads Stop Loss Orders City Index Stop Loss Orders IG Index Stop Loss Orders Tradefair Stop Loss Orders ETX Capital Stop Loss Orders GFT Stop Loss Orders InterTrader Stop Loss Orders Capital Spreads Stop Loss Orders
Automatic Stop Loss Automatic Stop Loss on Financial Spreads Trades Automatic Stop Loss on City Index Trades Automatic Stop Loss on IG Index Trades Automatic Stop Loss on Tradefair Trades Automatic Stop Loss on ETX Capital Trades Automatic Stop Loss on GFT Trades Automatic Stop Loss on InterTrader Trades Automatic Stop Loss on Capital Spreads Trades
24 Hour Trading 24 Hour Trading with Financial Spreads 24 Hour Trading with City Index 24 Hour Trading with IG Index 24 Hour Trading with Tradefair 24 Hour Trading with ETX Capital 24 Hour Trading with GFT 24 Hour Trading with InterTrader 24 Hour Trading with Capital Spreads
FSA Authorised and Regulated Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
Candlestick Charts Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
Comparison Notes

Spread Betting - New Account Offers Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
New Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer Spread Betting Account Offer
Note: New Accounts and New Account Offers are subject to Status, Terms and Conditions. For details click on the >>   Spread Betting Offers


Spread Betting Companies - Bonds Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
BOBL - Spread Size 2 2 2 2 2 3 2 2
BOBL - Min Stake £1 €0.70 £2 £1 £1 £1 £1 £1
Bund - Spread Size 3 3 2 3 2 3 3 3
Bund - Min Stake £1 €0.70 £2 £1 £1 £1 £1 £1
Gilt - Spread Size 3 - 2 3 2 3 3 3
Gilt - Min Stake £1 - £2 £1 £1 £1 £1 £1
Schatz - Spread Size 2 2 1 2 4 3 2 2
Schatz - Min Stake £1 €0.70 £2 £1 £1 £1 £1 £1
US T Bond 10 Yr - Spread Size 4 3 4 4 4 6 4 4
US T Bond 10 Yr - Min Stake £1 $1.10 £3 £1 £1 £1 £1 £1
US T Bond 30 Yr - Spread Size 6 3 - 6 4 6 6 6
US T Bond 30 Yr - Min Stake £1 $1.10 - £1 £1 £1 £1 £1
Comparison Notes

Spread Betting Companies - Interest Rates Comparison


Financial Spreads City Index IG Index Tradefair ETX Capital GFT InterTrader Capital Spreads
Euribor - Spread Size 2 3 1 2 2 3 2 2
Euribor - Min Stake £1 €0.50 £5 £1 £1 £1 £1 £1
Eurodollar - Spread Size 2 3 2 2 2 3 2 2
Eurodollar - Min Stake £1 $1.10 $5 £1 £1 £1 £1 £1
Euroswiss - Spread Size 2 - 1 2 3 - 2 2
Euroswiss - Min Stake £1 - £5 £1 £1 - £1 £1
Short Sterling - Spread Size 2 3 1 2 3 2 2 2
Short Sterling - Min Stake £1 £0.50 £5 £1 £1 £1 £1 £1
Comparison Notes


Spread Betting Companies Comparison Notes

  1. The typical spread size is quoted. Note that spread sizes tend to vary under a number of circumstances including:
    • when betting outside of normal market hours
    • when you use guaranteed stop losses
    • the first 30-60 minutes of the day
    • as you get closer / further away from the settlement date
  2. The spreads are quoted in tic, pip or point size
  3. † No Daily Market available - the Futures Spread and Stake have been quoted instead
  4. ‡ Some markets are only available in the reverse spread eg JPY/USD rather than USD/JPY
  5. ^ Minimum £10 stake for phone trades
  6. Where minimum stakes are quoted in the format £1/£10 then this refers to the 'minimum online stakes' / 'minimum phone stakes'
  7. New Accounts are subject to Status, Suitability and Identity checks
  8. New Account Offers are subject to Terms and Conditions
  9. 24 hour trading refers to trading hours of "late on Sunday night to Friday evening". Exact hours are also subject to public holidays and will vary from firm to firm
  10. Credit Accounts are subject to proof of liquid funds and terms and conditions will vary from firm to firm
  11. If Credit Accounts are not available, that means only Deposit Accounts are offered
  12. 'FSA' refers to whether the firm is Authorised and Regulated by the Financial Services Authority
  13. Click here for details of the last Spread / Price / Market Information update
  14. The comparison tables are not meant to be inclusive, spread betting services are also available with other companies
  15. The above data is subject to change without notice or warning and given without warranty. Please also see our terms and conditions.


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.

'Spread Trading Basics' by DB, updated 26-Nov-09

For related pages also see:

Trading and Strategy, updated 25-Nov-09
Only disciplined traders make money over time. The cornerstone of a disciplined approach to trading is having a proper strategy. There is no single formula for ...read article: Trading and Strategy.


Keeping Track of Your Trading, updated 06-Nov-09
Jotting down what you're planning to trade is a good way of holding yourself to account. If you have to jot down your logic, you're more likely to stop yourself from ...read article: Keeping Track of Your Trading.


Trading and Trends, updated 03-Nov-09
'The trend is your friend' is the first rule of trading. It is always much easier to make money when you are buying into an uptrend or selling into a downtrend. That said, though, you can still make profits by going against the ...read article: Trading and Trends.


Trading and the Autumn, updated 05-Oct-09
Autumn is called ''fall'' in America because it's the season when the trees shed their leaves. However, it's not just foliage that gets blustered around in this period: many financial markets also have a tendency to ...read article: Trading and the Autumn.


Trading and Stake Size, updated 10-Sep-09
Deciding how much of the funds in your spread-betting account to risk on each trade is an essential part of making worthwhile profits and limiting losses. This decision is ...read article: Trading and Stake Size.


Trading and Gapping, updated 28-Aug-09
When a market is rising or falling, it doesn't necessarily pay a visit to every single price-point along the way. Sometimes, a market will leap or plunge straight from one level to another, without...read article: Trading and Gapping.


Trading and the Most Important Investment Rule, updated 20-Aug-09
This is the most basic, and most important rule of investment. In the long run, the best way to possibly earn healthy returns and limit risk is to...read article: Trading and the Most Important Investment Rule.


Trading and Gambling, updated 14-Aug-09
When you place a trade you should have a reason. *Because it's gone up a lot today* is not really a reason as you might as well toss a coin. A proper reason for a trade could be ...read article: Trading and Gambling.


Pairs Trading, updated 12-Jul-09
To do a pairs trade, you simply buy the low-priced half of the pair and short-sell the high-price half. Eg if BP's price has become high compared to Shell's, you simultaneously do a *sell* trade on BP and a *buy* trade on Shell. If the ratio between...read article: Pairs Trading.


Trading and Position Building, updated 06-Jul-09
Position building increases overall exposure, but this is what we are looking to achieve. When building at higher prices the break-even price for the trade...read article: Trading and Position Building.


Trading and Part Closing, updated 26-Jun-09
A trading strategy that works towards both maximising profits and minimising losses? Part Closing. To maximise profits you...read article: Trading and Part Closing.


Trading and Politics, updated 20-Jun-09
British politics is in turmoil. The expenses scandal has tarnished Parliament's image around the world. And Gordon Brown's authority looks shakier than ever. Commentators have been swift to...read article: Trading and Politics.


Trading Bonds and Interest Rates, updated 11-Jun-09
Government bonds have a reputation for being solid, if somewhat dull assets. Although generally less volatile than shares and commodities, they still experience sharp moves from...read article: Trading Bonds and Interest Rates.


Trading Psychology, updated 04-Jun-09
The enemy is not the market, or your broker, or even the other traders out there. It's you. If you let them run rampant, the 'triplets' within you, fear, greed and need, will be...read article: Trading Psychology.


Trading the Dow, updated 27-May-09
If you want to speculate on the outlook for the US economy, trading the Dow is a great way to do it. As with all stock-market indices, a handful of the most influential companies can sway the performance of the entire index. The most important Dow members aren't...read article: Trading the Dow.


Trading Foreign Exchange, updated 21-May-09
Foreign exchange is the biggest financial market in the world. Around $3 trillion worth of currencies change hands worldwide every day. That dwarfs the value of...read article: Trading Foreign Exchange.


Trading Commodities, updated 14-May-09
Gluts and shortages of commodities play a big part in commodity pricing. A poor harvest might send cocoa prices soaring. Or, copper prices might tumble if it turned out that China had built up an unexpectedly...read article: Trading Commodities.


Trading, Swine Flu and Lean Hogs, updated 30-Apr-09
Swine flu. That is what I am here to talk about. This is not investment advice - it is simply a description of recent experiences and an example of how news, events and current affairs can affect markets. You shouldn't think...read article: Trading, Swine Flu and Lean Hogs.


Trading Indices, updated 23-Apr-09
Even if it is individual shares that interest you most, you should still pay attention to the major indices. You might think a particular UK share looks attractive, but...read article: Trading Indices.


Spread Trading Basics, updated 26-Nov-09
A range of articles discussing the basics of spread betting...read article: Spread Trading Basics.






Free Financial Email Updates
Q) Average Trading Results?

A) Get free spread betting tips, offers, price updates, important news and more!
All Free - Click here


Financial Spreads:  Spread Trading and CFDs
     
Risk Warning: Please note that spread betting and CFD trading carry a high level of risk to your capital. You can lose more than your initial deposit. These products 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.

* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.

Home
Capital Spreads
City Index
ETX Capital
Financial Spreads
GFT
IG Index
InterTrader
Spreadex
Tradefair
Spread Betting Tips
1) Daily Trading Tips
2) Financial Tips
3) Financial Tipping
4) Strategies
Spread Betting News
Daily Trading Update
Daily Analysis
Daily Trading Review
Daily UK Share Update
Daily Closing Update
Daily Market Data
Spread Trading Blog
Trading Features
Technical Trading
Free Newsletter
Financial Fixed Odds
How to Spread Bet
Indices Spreads
Forex / FX Spreads
Commodities Spreads
Shares Spreads
Crude Oil Spreads
Gold Spreads
Interest Rate Spreads
Bonds Spreads
Spread Betting
Why Spread Bet?
What's Spread Betting?
Glossary - part 1
Glossary - part 2