Spread Betting with FXCM
Financial spread betting is the tax-free way for UK and Ireland residents to take advantage of rising and falling markets without having to buy an asset from the underlying market. Spread bets are also commission-free and can be traded with leverage.
Why Spread Bet?
When you spread bet with FXCM, you enjoy:
- Multiple platforms and mobile apps
- Smaller bet sizes (from 7p a point)
- No minimum stop or limit distances on FX and popular CFDs
- Award-winning customer support
With spread betting, spreads include a mark-up, but there are no commissions to pay—all trading costs are built into the spread. CFD-trading accounts are charged commissions.
This, in addition to the tax advantage, is why many UK and Ireland residents choose to spread bet instead of trading CFDs.
Still undecided? Find out more about CFD trading.
1 Tax Treatment: The UK tax treatment of your financial betting activities depends on your individual circumstances and may be subject to change in the future, or may differ in other jurisdictions.
2 Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.