Financial spread betting is a popular form of trading in the UK that allows traders to speculate on the price movements of financial markets without owning the underlying asset. It is unique to certain regions, including the UK and Ireland, where it enjoys tax advantages over other forms of trading. Spread betting covers a wide range of markets, including stocks, indices, forex, commodities, and cryptocurrencies.
How Financial Spread Betting Works
In spread betting, a trader predicts whether the price of an asset will rise or fall. They place a bet based on the direction they believe the market will move. The "spread" refers to the difference...