Learn How to Spread Bet FOREX
Get FXCM’s New to Spread Betting Forex Guide
THIS GUIDE CAN HELP YOU LEARN:
- What is Spread Betting?
- Why Spread Bet Forex?
- The advantages of TAX FREE1 Spread Betting on Forex
- Few simple steps to placing your first spread bet trade
- Spread betting skills you need to become a trader
Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. As such, there are key differences that distinguish them from real accounts; including but not limited to, the lack of dependence on real-time market liquidity and the availability of some products which may not be tradable on live accounts. The operational capabilities when executing orders in a demo environment may result in atypically, expedited transactions; lack of rejected orders; and/or the absence of slippage. There may be instances where margin requirements differ from those of live accounts as updates to demo accounts may not always coincide with those of real accounts.
Spread Betting: FXCM UK offers tax exempt spread betting accounts exclusively to UK and Ireland Residents. Residents of other countries are NOT eligible. Spread betting is not intended for distribution to, or use by any person in any country and jurisdiction where such distribution or use would be contrary to local law or regulation.
Spread Betting is an option on both Mini and Standard account types. However please note that Spread Bet accounts will always be set to all-inclusive spreads pricing regardless of account type. While Spread Bet accounts do not offer raw FX spread + commission pricing, the FX spread mark-up is comparable. In the event that equity surpasses 20,000, the Mini account will be switched to a Standard account.
1 Tax Treatment: The UK tax treatment of your financial betting activities depends on your individual circumstances and may be subject to change in the future, or may differ in other jurisdictions.