CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73.5% 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 major global indices and most major and minor forex pairs. We also offer tight spreads on metals, commodities and bonds.

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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 trading platforms include OANDA Trade web and desktop, MT4 and our apps for iPhone, Android and tablet devices.

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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.

Forex

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.

Indices

Take a position on major global indices, including the UK 100, US Wall St 30, DE 30 and France 40. Our spreads for DE 30 and UK 100 start from 0.8 points and 0.9 points respectively.

Commodities

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.

Metals

Go long or short on major metals, including Gold, Silver and Platinum. Our spreads for XAUUSD (Gold) start from just 25.0 cents per troy ounce.

Bonds

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.

*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.

**Awarded highest overall client satisfaction two years in a row (Investment Trends US FX Report 2017 and 2018)

^Execution speed and numbers are based on the median round trip latency from receipt to response for all Market Order and Trade Close requests executed between January 1 and May 1, 2019 on the OANDA execution platform.