Traders can make money by speculating on the price of shares, indices, commodities and forex markets without having to own or physically trade the underlying asset. It’s a form of leveraged trading, where you can use a relatively small deposit (margin) to control a larger position than you would have in your own account. It also offers tax benefits (in the UK) – profits are taxable as capital gains rather than income and are exempt from stamp duty.This link :theinvestorscentre.co.uk

Top UK Spread Betting Platforms for 2024: An Expert Guide

The best spread betting platforms have a range of features to support your trading strategy. This includes a simple trading platform, news and analysis, market commentary and trading signals. Some also offer educational materials and a free spread betting demo account. Customer support is important to have when you need it, especially if you are a beginner. This includes working large orders, fixing errors and help with margin information and new market additions.

Spread betting is a great way for first-time traders to get into the market. But not all spread betting platforms are created equal. You need to look at a number of factors including supported markets, fees and minimum bet sizes.

Our review of the Top 12 UK spread betting platforms for 2024 considers all of these factors. Our pick of the best is XTB, which has low payment and transaction fees and offers a range of tools to support your short-term trading strategies. It is also FCA regulated and covered by the FSCS, so you can rest assured that your funds are safe with this broker.