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How spread betting works

https://www.youtube.com/watch?v=4dpTzyg64Tc
When you spread bet, you do not buy an actual share or futures contract. Instead you make a bet as to which way you think your chosen market will move. You are betting per penny or point movement in the underlying market, and the amount you wish to bet is your stake, which can be as little as £1 per point.
In this video we explain how spread betting works, and how you can use spread betting to trade shares, indices, forex, commodities and more. For more information see our Spread Betting section.

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Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading these products with this provider.
You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.