How to spread bet on forex
A long spread bet on USD/JPY, for instance, is a position that will return profit when the US dollar increases in value against Japanese yen. You can choose the size of your bet per pip of movement in USD/JPY, and the size of your bet will determine your total profit or loss.
Before you place your trade, you can choose to add a stop or a limit. Stops and limits automatically close out your account once it hits a certain level of profit or loss. They can be adversely effected by slippage, though, which is why we offer guaranteed stops that put an absolute limit on your risk in exchange for a fee if they are triggered.