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If this is your first season betting on baseball, well, you picked an interesting one. Unlike football and basketball where the majority of bets are based on the point spreadbaseball is a moneyline sport. This means that bettors need to pick only who wins the game, not who covers.

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Spread betting sports uk and ireland

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We know that every trader is different but there are some things that all our clients look for in a spread betting account. Award-winning customer support, dedicated to providing you with an exceptional trading experience. Spread betting is a tax-efficient way of speculating on the price movement of thousands of global financial instruments, including indices, shares, currency pairs, commodities and treasuries.

It allows traders and investors to take a position on whether they think a market will rise or fall without having to buy or sell the underlying asset. Spread betting and CFD trading are leveraged trading products that offer many of the same benefits. This means you can open a relatively large position while putting up just a small percentage of the full value of the trade. The main difference is how they're treated for tax.

Find more information read our Spread betting vs CFDs page. If you're an experienced trader you may be eligible to trade spread bets as a professional. Watch our short video guide or find more information here. You need to be aware that you'll lose some retail client protections such as negative balance protection and leverage restrictions won't apply to you.

Please be aware that tax treatment depends on your individual circumstances and tax law may be subject to change. You should also select the Razor account which has the lowest trading fees and was compared to the other UK financial spread betting brokers above. Once the account is opened you may be contacted by Pepperstone to provide assistance with trading or you can contact them at to experience their award-winning customer service based in London.

Unlike sports spread betting, financial spread betting involves leverage allowing UK traders to trade on market volatility. Below are the main elements to understand if your considering this trading type. Spread betting allows traders in Ireland or the United Kindom to bet on forex, ETFs, shares or commodities without owning the underlying asset. When traders make a financial spread bet they are speculating if the asset will rise or fall through a spread betting broker.

The main difference between trading CFDs and spread betting related to tax. The other main difference is that only CFDs use standardised contracts. Only a small number of brokers offers spread betting and must be FCA regulated. Not all traders such as those from the United States can trade with the brokers above with the list designed solely for UK and Ireland residents only.

This includes limiting leverage on all retail investor accounts depending on the underlying instrument traded. For trading currency, the maximum leverage is while for equities its In the FCA banned trading cryptocurrencies due to the volatility of Bitcoin and similar cryptocurrency types. Spread betting on MT4 is primarily designed for currency trading while indices, ETFs and commodities can also be traded. As the most popular software platform, most brokers that allow UK traders to make a spread bet also offer MetaTrader 4.

Advantages of using MT4 to make a spread bet included the customised indicators and ability to use scalping automated trading through Expert advisors EAs. These EAs can be created from scratched or purchased through marketplaces to algorithmically make spread bet trades. There are two types of spread betting fees.

The first is the spread. The second fee is the commission which is based on trading volume. Justin Grossbard has been investing for the past 20 years and writing for the past He co-founded Compare Forex Brokers in after working with the foreign exchange trading industry for several years.

He and his wife Paula live in Melbourne, Australia with his son and Siberian cat. In his spare time, he watches Australian Rules Football and invests on global markets. We use cookies to ensure you get the best experience on our website. By continuing to browse you accept our use of cookies. Justin Grossbard Justin Grossbard has been investing for the past 20 years and writing for the past What Changed?

Fact Checked We double-check broker fee details each month which is made possible through partner paid advertising. Learn more this here. Visit Site. Our Rating. Pepperstone Review. City Index Review. CMC Markets Review. FXTM Review. Review Of FxPro. FCA UK. Raw Spread. Commissions USD Base. Commission Rebates. Minimum Deposit. Swap Free Account. No Inactivity Fees. Funding Methods. No Funding Fees. Currency Pairs.

Cryptocurrency CFDs. Index CFDs. Share CFDs. Commodities CFD. Retail Max. Professional Leverage. MetaTrader 4 MT4. MetaTrader 5 MT5. Proprietary Platform. Automated Trading. Standard Stop Loss. Guaranteed Stop Loss. Guaranteed Neg Protection. Demo Account. Unique Feature 1. Unique Feature 2. Pepperstone Offers The Best Spread Betting Platform Overall Spread betting and CFD trading are similar in the sense that investors are trading leveraged products and speculating on the direction a financial market will move.

Our Rating The overall rating is based on review by our experts. Pricing and Fees When spread betting with City Index, customers can bet on a range of financial instruments that are competitively priced.

A range of trading tools is provided via the platform to assist traders with developing spread betting strategies and managing the high risk of forex trading, such as: One-click trading Advanced charting Chart forums Price alerts Client sentiment data Pattern recognition market scanner Real-time news Financial market calender Guaranteed Stop Loss Orders Available as a web trader or mobile app compatible with Android and iOS devices Spread Betting Instruments And Fees As a CMC Markets customer, traders can spread bet on over 9, financial instruments from forex, indices, commodity, share and treasury asset classes.

Educational Resources As well as an award-winning platform and impressive market access, CMC Markets provides an excellent range of educational resources to assist both novice and experienced spread betters. ThinkTrader Mobile Trading App When spread betting on the go using the ThinkTrader mobile app, customers can place bets on instruments derived from forex, share, index, metal, and commodity assets. Risk Management Tools As spread betting involves complex instruments and comes with a high risk of losing money, choosing a broker with strong risk management tools can be useful.

What does spread mean in betting? What is the best spread betting software? Do you pay tax on spread betting? About the author: Justin Grossbard Justin Grossbard has been investing for the past 20 years and writing for the past