Benefits Of Spread Betting

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Placing your bets tax-free in the financial markets Spread betting is a way of making money by speculating on the price movement of financial markets. The degree of right or wrong in your prediction determines the profitability or losses. Spread betting is a financial product leveraged by putting a small amount of deposit for a much larger stake in the market. Your investments can gain or end up losing the initial deposit. Nevertheless, spread betting is flexible, you can easily take positions on over 15000 markets by understanding the risks and deploying commensurate strategies. Therefore spread betting allows you to bet on the price movements of currencies, indices, stocks, and bonds. How does it work? The spread is essentially the difference …show more content…

Moreover, taking a selling position if it breaks the support level. Its key benefit is that the resistance and support triggers will aid the trend to carry on. Online trading made easy Secondly, online platforms have made spread betting easily accessible. For example, you can access 'CMC Markets' platforms through mobile apps. The intuitive interfaces are available for iPad, iPhone and Android-running devices giving you the ability of trading wherever you are. Benefits of spread betting • There are no taxes imposed on profits like stamp duty, or capital gains. • You can easily short the market by betting the direction the asset price will move. • Availability of thousands of markets to choose from gives you a big opportunity to trade and make profits. • There are no commissions to pay, unlike equity CFDs. • Spread betting is a leveraged product hence you don’t have to put the full value in order to trade. • The markets are 24 hours hence no matter where you are as long as you can access the online platforms you can trade. Finally, the most important thing about spread betting is understanding the risks and employing the right strategies that work for

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