CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76.6% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Spread Betting

Take a tax-free* position on our full range of markets

Open a spread betting sub-account and take a position on over 100 instruments, including the UK 100 from 1 point, Germany 40 from 1.2 points, EUR/USD from 0.6 pips, EUR/GBP from 0.8 pips, SPX500 0.4 pips and Nadsaq 0.8 pips. Check out our historical spreads here.

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Spread betting sub-account

Spread betting is free from stamp duty and capital gains tax in the UK*. Open a sub-account and start trading.

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Powerful trading platforms

Our award-winning OANDA Trade platform can be accessed from your web brower, iPhone, Android and tablet devices. You can also trade via TradingView and MT4.

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Powerful tools

We offer a range of powerful charting and analysis tools, including Advanced Charts (powered by TradingView), technical analysis and economic overlay.


We offer spread bets on over 70 major and minor forex pairs. Our range of trading platforms include the award-winning** OANDA Trade and MT4 platforms - the globally renowned trading platform.


Take a position on major global indices, including the US Wall St 30 and France 40. Our spreads for the UK 100 start at 1 point, Germany 40 from 1.2 points, SPX500 from 0.4 pips and Nadsaq from 0.8 pips.


Take a position on Copper, Corn, Natural Gas and a range of hard and soft commodities. Our spreads are competitive and start from just 3 points for Brent Crude Oil.


Go long or short on major metals, including Gold, Silver and Platinum. Our spread for XAU/USD (Gold) starts from just 18 cents per troy ounce.


We offer prices on Bunds, UK 10-year Gilt, US T-Bonds and more.

Ready to start trading? Open an account in minutes

Already have a live trading account? It's easy to fund your account using one of the following payment methods.

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What is spread betting?

Spread betting is a tax-efficient alternative to conventional trading. You can go long as well as short on a wide range of global instruments. This means that if you believe the price of an instrument (for example the UK 100 or US Wall St 30) will rise, you would go long or buy the instrument. If you believe the price of the instrument is likely to fall, you would sell or take a short position. If you were right, you would make a profit, otherwise you would make a loss.

Benefits of spread betting compared to physical trading

Spread betting is a derivatives product, meaning you don’t physically own the instrument you wish to trade. When you spread bet, you trade on margin. Margined or leveraged trading enables you to take a position by depositing just a fraction of the full value of the instrument you wish to trade. The price of the instrument is derived from the price of the underlying, for example a stock index or currency pair.

Margin and leverage

Spread betting is a derivatives product, meaning you don’t physically own the underlying instrument. Instead you take a position based on the direction in which you expect the price of the instrument to move. Margin refers to the funds you need in your account in order to be able to open a position. When you trade a position using leverage, you only need to deposit a fraction of the full value of the trade. Leverage is a double-edged sword. This means that you can make considerable profits if the market moves in your favour. You can, however, incur significant losses just as easily if the market moves against you.

Risk management orders

At OANDA, we offer stop-loss orders and guaranteed stop-loss orders to help you mitigate risk. Stop-loss orders automatically close a trade position to restrict losses. You can further protect your losses with a guaranteed stop-loss order (GSLO). By opening a professional account, you can also benefit from extra margin relief on your trades when you qualify.

*All profits made in spread betting are exempt from UK Capital Gains Tax and UK stamp duty. UK and Irish tax laws are subject to change and individual circumstances may vary.

**Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022). Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest client satisfaction for telephone customer service (Investment Trends 2021 UK Leverage Trading Report, Industry Analysis)

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