Spread Betting Benefits
Tax Free* – No Capital Gains Tax & No Stamp Duty
Since you are placing a bet rather than buying a share, it is treated like a bet by the UK and Irish tax authorities which means all your winnings are tax free!*
No Broker Fees, No Annual Charges & No Commissions Fees
It's time to fire your broker. With Spread Betting, the only cost you will incur is the spread. To maximise your chance of making profits paddypowertrader knows that every penny counts. Thats why we've made sure we can offer you some of the most competitive spreads in the market.
Trade a Wide Variety of Markets
Just when you thought trading was only available to offshore millionaires, toffee nosed traders and large financial institutions, now it is available to you. You can now turn your nose up at them and trade what they trade, from individual shares and indices around the globe to gold, oil and foreign exchange. With a choice of thousands of markets to choose from, you can now play with the big boys.
Leveraged Trading
Leveraged Trading enables you to place a bet with only a fraction of the money normally required to buy the underlying financial product. In some cases, this can be as low as 0.3% of the overall value of the trade. However one must be careful with "Leveraged Trading" as it carries significant risk.
Due to the nature of Leveraged Trading you are at risk of sudden (and for you, expensive) moves in the market. Whilst paddypowertrader does insist on stop loss orders to protect your open bets, it is possible if the market suddenly moves through your stop price, you may lose more money than originally deposited with paddypowertrader.
Profit When Markets Rise & Fall
We've all heard it in the ads, "prices may go down as well as up", but with Spread Betting you can bet on the price going down as well as the price going up. So it doesn't matter which way the markets are going, you can still back your hunch either way.
* Tax law can change
