Puts you in control of your own trading

You can see the prices you are trading at. You can choose to deal straightaway or place orders. You can trade different currencies simply from one account at your fingertips. You really are in control of your own trading.

Access to wide range of global currencies

Please see Market information for the list of currencies that you can trade with Spread Co. As you will see, you can trade a wide range of different currencies all from the same account and all in real-time.

Leverage

Since FX CFDs are traded on margin, your capital can be spread more effectively over a greater volume or wider range of currencies.

Longer trading hours

Spread Co offers out of market hours trading on many FX CFDs, giving you more opportunity to trade. You can trade many currencies 24 hours at any time between 10pm on Sunday evening (London Time) and 10pm on Friday evening (London Time).

Deal in small or large amounts

When trading FX CFDs with Spread Co you can trade as little as 10,000 units of currency. We should explain that foreign exchange rates are almost always quoted with five significant figures, which means that most currencies are quoted to the ten thousandth of a currency unit. Thus 10,000 units of GBP would = £1 and 1.8525 would be a valid quote for GBPUSD.

Instant execution of trades

When trading FX CFDs with Spread Co, your trade will be confirmed almost immediately you hit the buy / sell button (this is subject to the deal or order size being within permitted limits and the currency being priced correctly.) You should not have to wait more than a few seconds for prices to be confirmed, except in unusual market circumstances.

Opportunity to go short as well as long

When trading FX CFDs with Spread Co you can go short (sell) as well as long (buy) on a currency. “Going long” means buying a currency, in order to sell it at a later date, in the anticipation that the value / price will have risen between the buy and sell dates. “Going short” means selling a currency that you do not own, in order to buy it back at a later date, in the anticipation that the value /price will have fallen between the sell and buy dates.

Potential interest on short positions

When you sell an FX CFD and enter into a short position, you are treated as a lender of the currency and the borrower of the currency (i.e. Spread Co) may pay you interest in respect of this short position if held open overnight. The interest payable is dependent on the underlying currency interest rates.

Transparent prices

As Spread Co does not charge separate commissions, the currency prices you trade at are the prices you pay or receive.

Risk warning

FX CFD trading carries above average risk and is not for everyone, so please ensure you understand the risks.

Trading on margin, whilst allowing you to maximise potential gains, also maximises potential losses and a relatively small movement in a currency can have a disproportionately dramatic effect on your trade. If the movement is in your favour, you may achieve a good profit, but an equally small adverse movement can not only quickly result in the loss of your entire deposit, but may also expose you to a large additional loss unless you enter a limited liability contract (place a guaranteed stop loss) with Spread Co, where Spread Co offers such facility.

You may be called upon to deposit substantial additional margin, at short notice, to maintain your trade. If you do not provide such additional funds within the time required, your trade may be closed at a loss and you will be liable for any resulting deficit.

You should not engage in FX CFD trading unless you understand the nature of the transaction you are entering into, the risks involved and the true extent of your exposure to the risk of loss. Please read the Risk Warning section of this website to make sure you are familiar with the relevant risks.