Spread Betting Calculator
This free tool enables you to calculate bet sizes in pounds per point to manage risk accurately. This tool is easy to use because the spread bet size does not depend on the currency pair or even your account currency. You can set the risk as a percentage of your account or as a certain amount of money.
Where can I do spread betting?
Spread betting is only available in the UK and Ireland and is considered pretty popular too, mainly because it is commission-free as well as tax-free.
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What you should look for in spread betting broker?
These are some of the most important aspects you need to consider.
1. Don't forget to do your homework and research about your broker to make sure they are trustworthy.
2. You don't want to lose most of your profit to pay for the broker's fee. That's why finding a low-cost broker is always a great idea.
3. A good spread betting broker should provide you with the best customer service.
4. For example, if you are very busy and rarely stay in one place, you need a mobile-friendly platform.
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Why spread betting is popular among traders?
Some spread betting is advertised as a tax-free and commission-free activity, which makes it very popular among investors. It's also a leveraged product, which is great for investors with a minimum budget.
Continue Reading at Forex Brokers Offering Spread Betting
In short, spread betting is when investors place a bet or speculate on the price movement of a financial instrument. They will open a position based on where they think the price will move. For example, if they believe the price will go up, they will open a buy position.
On the contrary, if they believe the value will decline, they will open a sell position. Investors are allowed to speculate on different kinds of assets' price movements such as forex, stocks, and even commodities. They can also choose how much they are willing to risk.
Continue Reading at Forex Brokers Offering Spread Betting
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