Recent content by Visaria

Apologies for the delay in coming back to you. The spreadbet company is www.td365.com I trade with them every day. I've been trading for 30+ years. They offer the tightest spreads I have ever seen e.g. 0.6 on FTSE, 0.9 on DAX, 0.9 on Nasdaq, 0.3 on SP500. VIX futures are at 6 pts! The spreads...

S&P 500 spreadbet quoted at 5892.24-5892.54 i.e. 0.3 points. Equivalent DEC S&P 500 on CME quoted at 5892.25-5892.5 plus 2x commission (roundtrip). For a day trade, which one is better? Imo, the spreadbet due to zero tax.

Spread betting spreads are pretty much determined by competition. Plenty of SB firms out there. Your 3% theory doesn't hold any water since CFD prices the same as SB prices.

Leverage can be changed on their CFD platform to 1:1 (although strangely you still have to pay their end of day swap fees - I had a heated discussion with the guy on the phone as to why...his answer was the FCA demands it!), but cannot be changed on their spreadbet platform. Useless company.

No, they are just companies that pay corporate tax at the end of the year on any profits. Just like other companies.

Have a look at TD365 and Spreadco. Nasdaq 100 is 0.9 and 1 point respectively in hrs, maybe 1.5 points out of hrs. Edit ... 1.4 and 1 point out of hours, respectively

Thanks. I noticed however that FX pro does have a spread betting subsidiary. I will contact them to see if they offer what I'm looking for.

Spread betting is a legal term, so you are incorrect. There are no taxes to be paid on profits from spread bets. That's the whole point of them!

Ok thanks. Are these spread betting companies?

Profits are tax free at spread betting companies.

Thanks, but those in your DM are not spread betting companies.

BUX Markets offered 1:1 leverage but they have now sadly exited the UK. Are there any other SB firms which provide 1:1 leverage? (1:1 means that for example, say you went had £10k in your account and then went long £10k nominal of Cash S&P 500 at 1:1 leverage, there would be no roll over fees...

Spreadco platform down. Trade desk not answering phone.

They are no longer offering mini accounts. All mini accounts will be closed by the end of the month.

Quite a few of the spreadbet companies offer bitcoin as a daily funded bet. However, with the advent of CBOE futures contracts, are there any SB companies offering bitcoin futures?