Are there any Spread bet firms that offer 1:1 leverage?

[Visaria]

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 if you kept it overnight.)

 

[FranziskaSchulz]

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 if you kept it overnight.)

I know somewhere that offers a 1:1 leverage, and also in that broker if you use any leverage they do not charge your for any fee for keeping your trade over night. DM me if you want the link.

 

[Visaria]

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

 

[Visaria]

Profits are tax free at spread betting companies.

 

[harry4cable]

There are number of way to do that.
1, FXpro {FXcm} in the account section choose 1:1 leveage
2, iwebsharedealing (former halifax ,lots form to fill ) or barclays etc under symble SPY etc
because your money will stay there for a long time i supose.

 

[Visaria]

Ok thanks. Are these spread betting companies?

There are number of way to do that.
1, FXpro {FXcm} in the account section choose 1:1 leveage
2, iwebsharedealing (former halifax ,lots form to fill ) or barclays etc under symble SPY etc
because your money will stay there for a long time i supose.

 

[harry4cable]

spread betting basicly just a name , all based on CFD etc, tex free for the bet no stamp duty... but winning over some level you still have to pay Income tax, you can call it spread beting comapnies or brokers

 

[Visaria]

spread betting basicly just a name , all based on CFD etc, tex free for the bet no stamp duty... but winning over some level you still have to pay Income tax, you can call it spread beting comapnies or brokers

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!

 

[Riddler]

Ok thanks. Are these spread betting companies?

iWeb definitely are not, I haven't used the other broker recommended to you but since the user doesn't actually know what spread betting is I wouldn't count on it

 

[Visaria]

iWeb definitely are not, I haven't used the other broker recommended to you but since the user doesn't actually know what spread betting is I wouldn't count on it

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.

 

[Visaria]

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.

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.

 

[Spread-Bettor]

ActivTrades offers 1:1 leverage and it's available in the UK and it's an FCA regulated broker.
Here's the info:
https://www.independentinvestor.com/spread-betting/brokers/
https://www.activtrades.com/en/shares-trading
So there's no commission and no overnight charges.

 

[Rufus_Leakey]

ActivTrades offers 1:1 leverage and it's available in the UK and it's an FCA regulated broker.
Here's the info:
https://www.independentinvestor.com/spread-betting/brokers/
https://www.activtrades.com/en/shares-trading
So there's no commission and no overnight charges.

They appear to have CFDs but not spread bets.

ActivTrades ǀ Handeln Sie Forex, Aktien, Metalle, Indizes und Rohstoff...

Handel Sie Forex, CFDs, Indizes, Rohstoffe und Aktien mit einem FCA-regulierten britischen Broker. Einfach zu bedienende Handelsplattform. Beginnen Si...

www.activtrades.com

 

[timsk]

They appear to have CFDs but not spread bets.

R_L - Look under 'Accounts' on the homepage!


Start Spread Betting
Regarding the ol' chestnut that always comes up about taxes and spread betting, this is what ActivTrades say about this - and I quote verbatim:
". . . Spread betting also has some other advantages over similar derivative products in that spread betting profits are tax-free in the United Kingdom and Ireland. . ."
A company regulated by the FCA simply wouldn't be able to make such a claim if it wasn't true - and yes, they are a FCA regulated company:
ActivTrades PLC is authorised and regulated by the Financial Conduct Authority, registration number 434413. ActivTrades PLC is a company registered in England & Wales, registration number 05367727.

 

[Lightning McQueen]

I'm guessing Rufus isn't allowed to access the spread bet element due to his location possibly?

Although I'm not yet convinced the 1:1 relates to spread betting, I haven't seen that yet, you can see it on cfd related page as linked by spread bettor.

​

 

[Rufus_Leakey]

R_L - Look under 'Accounts' on the homepage!


Start Spread Betting
Regarding the ol' chestnut that always comes up about taxes and spread betting, this is what ActivTrades say about this - and I quote verbatim:
". . . Spread betting also has some other advantages over similar derivative products in that spread betting profits are tax-free in the United Kingdom and Ireland. . ."
A company regulated by the FCA simply wouldn't be able to make such a claim if it wasn't true - and yes, they are a FCA regulated company:
ActivTrades PLC is authorised and regulated by the Financial Conduct Authority, registration number 434413. ActivTrades PLC is a company registered in England & Wales, registration number 05367727.

I'm guessing Rufus isn't allowed to access the spread bet element due to his location possibly?

Although I'm not yet convinced the 1:1 relates to spread betting, I haven't seen that yet, you can see it on cfd related page as linked by spread bettor.

​

I looked at www.activtrades.com (the site @Spread-Bettor linked to) and not www.activtrades.co.uk, and that explains my error.

And yes, I'm not allowed to spread bet -- we gamble on other things like who will start World War III.

 

[timsk]

And yes, I'm not allowed to spread bet -- we gamble on other things like who will start World War III.

I hate to say it R_L, but it appears to me that all roads lead back to the current U.S. administration, ably supported by your lapdog - otherwise known as the U.K.

I don't know if you're familiar with the centuries old winter celebration we have this side of the pond - generally referred to as 'Bonfire night' and held, coincidentally, on November 5th? Otherwise known as Guy Fawkes night, it commemorates the failure of a plot to blow up the House of Lords in 1605. In my youth, Guy Fawkes was portrayed as an evil villain, a terrorist if you will, intent on destroying our democracy. These days, I take a rather different view, and like to think of him more as a freedom fighter intent on releasing us all from the tyranny of the U.K. government!