(Yes, you read that right).
Open a spread betting sub-account and take a position on over 100 instruments, including the UK 100 from 1 point and Germany 40 from 1.2 points, EUR/USD from 0.6 and EUR/GBP from 0.9 pips.
*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.
Spread betting is free from stamp duty and capital gains tax in the UK†. Open a sub-account and start trading.
Our award-winning OANDA platform can be accessed from your web browser, and iOS or Android apps for mobile and tablet devices. You can also trade via TradingView and MT4.
We offer a range of powerful charting and analysis tools, including Advanced Charts (powered by TradingView), technical analysis and economic overlay.
† UK and Irish tax laws are subject to change and individual circumstances may vary.
We offer spread bets on over 65 major and minor forex pairs. Our range of trading platforms include our award-winning** platform, MT5 and MT4 - the globally renowned trading platforms.
** Please see our latest awards here.
Take a position on major global indices, including the US Wall St 30 and NAS100. Our CFDs indices spreads for the UK 100 start from 1 point and Gold spreads starting from just 19 cents per troy ounce.
Take a position on a range of hard and soft commodities including Copper, Corn, and Natural Gas. Our spreads are competitive and start from just 3 points for Brent Crude Oil.
You can go long or short on major metals, including Gold and Silver. Our spreads for XAU/USD (Gold) start from just 19 cents per troy ounce.
We offer prices on Bunds, UK 10-year Gilt, US T-Bonds and more.
Go from application to trading in three easy steps:
^Subject to meeting our criteria. Additional information/documentation may be requested prior to account activation to establish eligibility.
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 could 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.
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.
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.
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.