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| SPREAD BETTING | SPORTS | FINANCIAL | GETTING STARTED | TOP TIPS | COMPANIES | TOOLS & RESOURCES | |||||||||||
Welcome to the Spread Betting Guide Financial Spread Betting is tax free and an excellent substitute to trading shares or financial markets. . You won’t have to pay ‘Capital Gains tax’ and the fact that you don’t have give commission to a stock broker is ideal. You should note that tax laws can change, so make sure you keep up to date with current laws. Financial Spread Betting can be placed on a range of financial products from the global markets. These Financial products include currencies, indices, stocks, bonds, interest rates as well as commodities. If you have a hunch that whichever financial product you choose is going to go up in value and place a bet, this is called going long. Alternatively if you think it is on its way down and you sell the bet, this is known as shorting or going short. The amount you win or lose is related to how much the particular price goes up or down.
Financial Spread Betting is tax free and an excellent substitute to trading shares or financial markets. You won’t have to pay ‘Capital Gains tax’ and the fact that you don’t have give commission to a stock broker is ideal. You should note that tax laws can change, so make sure you keep up to date with current laws.
With normal sports betting, the odds are fixed and you win or lose a set amount. With Sports spread betting you predict whether an outcome is going to be larger or smaller than the betting companies predict. The more you are right about the event or outcome the more you financial gains will be. You can also lose more if you are more wrong about the outcome or event.
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Let’s imagaine that the nasdaq was extremely likely to rise in the next couple of days. You would want to buy and want to trade £10 for every point the NASDAQ rises over your buying price. As you predicted the NASDAQ rises 93 points above your buy price. You will make a profit of £93. If however the price drops by 50 points you will have lost £500.
Top Tips- Find out our top tips to become successful at spread betting.
There are a number of Companies who provide spread betting accounts We provide you with a list companies you can sign up with
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policy disclaimer -Financial Spread Betting carries high risk, it is possible to quickly lose more money than your initial deposit and you may be required to make further deposits at short notice. Financial Spread Betting is not for everyone so please ensure you understand the risks. |
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