0
The first thing that entices people to do financial spread betting is that your profits can be non-taxable. In the economy of today, this is a major attraction for people. Also, with stock prices down, it is much easier for the average person to be involved in trading.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What companies offer spread betting in the UK?
UK Spread Betting is a web directory containing the names and address of betting companies that provide spread betting in the UK. Companies include: Barclays Stockbrokers Financial Spread Training in London and BetOn Markets.
How many people are involved in Spread Betting in the UK?
"There are over 500,000 spread betting accounts in the UK at this time. Spread Betting is a leveraged tool that gives investors the opportunity to trade the financial markets without ever taking physical ownership of the underlying instrument."
How can the financial spread betting influence at global finances of UK?
Financial spread betting is making a bet on an event that pays off based on accuracy of the prediction. It is often seen in stock markets with a buying option. This betting influences global finances in the UK by giving investors a way to make money without buying or selling stock.
Is financial spread betting a safe financial option in the UK for long term investing?
"No, this is a risky investment to part take in as often people are betting money they do not have. The bets become increasingly expensive and can lead debt as betters do not realize they must repay what is lost."
What is the spread?
The spread is the difference between the "buy" and the "sell" prices of a particular spread betting market (such as equities, indices, currencies and even sports!) For example spread betting company Spreadex may offer a "spread" of 5000-5002 on the UK 100 Daily (aka FTSE 100). You could buy at 5002 if you believe it will go above this level, or you can sell at 5000 if you think it will go below. The spread is effectively how the spread betting company makes its profits. The spread will get wider if you bet on futures or utilise guaranteed stop losses. If you need any more help on the terminology used in spread betting see this glossary of terms provided by Spreadex. http://www.spreadex.com/betting/Financial/financial_spread_betting_glossary.aspx
What business is CMC Trading involved in?
CMC Trading offers online trading in Foreign Exchange, spread betting and Contract for difference. CMC Trading was founded in 1989 and is a UK based financial derivatives dealer.
What is the most popular sports betting forum in the UK?
The most popular sports betting forum in the UK is "betting-forum". There are over 14,000 posts, 5403 total topics and 3614 total members on this forum.
What type of service does the company GFT UK provide?
GFT UK provides an online trading market that specializes in spread betting and Forex. They allow trading on both standard and premium accounts with benefits for both types of members.
Who was the founded of IG Index?
IG Index was founded in 1974 by a man named Stuart Wheeler. It was originally a spread betting business where IG stood for Investors Gold. It is based in the UK.
What are the services of cityindex co uk?
They feature the services of spread betting and CFD trading, types of trading which involve investment of capital and may yield returns of a higher/lower nature.
What sport related services does the website 'Extrabet' offer?
ExtraBet is a spread betting website that is run out of the UK. Accounts can be funded through Western Union with real time updates on scores and pay out.
What is the legal betting age for horse racing in the UK?
This is 18 years old.
