An online portal City Index defines Spread Betting as,“a derivatives product that allows you to trade on the price movements of thousands of financial markets including indices, shares, currencies, commodities and more.”
Spread betting allows traders to bet on speculation of price movement of securities. Investors of spread betting can bet on whether the price of a given stock will be lower than the bid or higher than the offer. The investors do not own the underlying stock but they just bet on the speculative price movements.
IronFX now offers Spread Betting to its clients based in the UK and the Republic of Ireland. IronFX offer a wide range of products to its clients at a competitive pricing and execution. IronFX’s Spread Betting platform Meta Trader 4 (MT4) provides broad accessibility covering any computer, mobile or smart device.
Spread Betting is both leveraged and tax free. It gives investors the prospect to take positions on instruments from as little as 10p per point. Spread Betting caters to forex and precious metals, giving its traders ample opportunity to capitalize on market gains and expand their trading portfolio. Spread Betting is also a very popular product.
Some top companies offering Spread Betting include Spreadex, Core Spreads, City Index, DF Markets, IG Index and now IronFX too.