Open a spot (cash) trading account with the No.1 CFD and spread betting provider in the UK.1
Trade on the spot, with continuous, real-time pricing
Access thousands of assets, priced to mirror the underlying asset price, at the current market rate
Open long or short positions with no fixed expiries
Enjoy some of the lowest spreads in the UK – starting at 0.3 points
Study price action and perform technical analysis with continuous charting
Track the spot price of an asset over a short-term period that suits you
You can trade almost any of our markets on the spot, including indices, commodities, forex, shares, ETFs and bonds. See an overview of some of the most traded spot markets below.
Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.
Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.
Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.
Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.
Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.
Spread betting | CFD trading | |
Main benefits | Go long or short on asset prices. Profits are tax-free in the UK2 | Go long or short on asset prices. Tax-deductible losses are useful for hedging2 |
Accessible to | All clients | All clients |
Traded in | £ per point | Contracts |
Tax status | No capital gains tax (CGT) or stamp duty2 | No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction2 |
Risks | Spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage |
Commission | Charged via the spread | Share CFDs are subject to commission. All other markets are charged via the spread |
Platforms | Web, mobile app and MT4 | Web, mobile app and MT4 |
Learn more | Learn more |
Leverage can magnify both your profits and losses as they’ll be based on the full exposure of the trade, not just the margin required to open it. This means losses as well as profits could far outweigh your margin, so always ensure you’re trading within your means.
Spot prices reflect the underlying asset’s price
You can open short-term positions with low spreads, which makes spot trading popular among day traders
There are no fixed expiries on spot trades
You can conduct technical analysis over a longer period with the help of continuous charting
Futures and forwards are contracts used to speculate on the future value of a market
Our futures and forwards prices reflect the underlying contract’s price
You can open longer-term positions with no overnight fees, which makes forwards and futures trading popular among swing or position traders
Both contract types have a fixed expiry date at some point in the future
Spot (cash) trading is the method of buying and selling assets at the current market rate, known as the spot price. With us, you’ll trade the spot market via spread bets or CFDs, which means you don’t take ownership or delivery of the assets.
Because you don’t take physical delivery of the underlying assets when trading spot markets, you can go long or short on their price.*
Spread bets and CFDs are leveraged trades, meaning you’ll open a position with a small percentage of the value of the trade to gain exposure to a larger position, off which profits or losses will be calculated. This means any loss or profit could substantially outweigh your deposit. You’ll pay no capital gains tax or stamp duty when spread betting spot markets, and CFD losses can be offset against profits for tax purposes.2
* Short-selling is a strategy which poses inherent risk of loss. With leveraged trades, you could lose far more than your initial deposit when shorting unsuccessfully.
*Demo accounts are only available for spread betting and CFD trading.
Enjoy flexible access to 15,000+ global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
With 50 years of experience, we’re proud to offer a truly market-leading service
*Demo accounts are only available for spread betting and CFD trading.
Enjoy flexible access to 15,000+ global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
With 50 years of experience, we’re proud to offer a truly market-leading service
Trade anything, anywhere, anytime on our award-winning platform3
Our web trading platform is optimised for online spread betting and CFD trading. This platform offers unique price alerts, interactive charts, and a suite of risk management and research tools.
Our tablet and mobile trading platform has been optimised for iPhone and Android. You’ll have access to the same tools as on the web-based platform, and you can view mobile charts on the go.
You can choose the platform that suits your trading preferences and strategy – with unique price alerts, interactive charts and a suite of risk management tools available on each.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
*Demo accounts are only available for spread betting and CFD trading.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
*Demo accounts are only available for spread betting and CFD trading.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
Learn about trading commodities such as gold
Discover forex trading and how it works in the UK
Read about the benefits of spread betting and CFDs
1 Based on revenue (published financial statements, 2023).
2 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
3 As awarded at the ADVFN International Financial Awards 2020 and Professional Trader Awards 2019.