CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 54.2% 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.
UK Equities
Minimum trade size of £1/1€/ $1 per point
Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours | Point Movement |
---|---|---|---|---|---|
UK100 EQUITIES | 0.05%* | 5% | 20% | 08:01-16:30 | 1 |
UK250 EQUITIES | 0.075%* | 10% | 20% | 08:01-16:30 | 1 |
UK Equities
Minimum trade size of £1/1€/ $1 per point
Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours | Point Movement |
---|---|---|---|---|---|
US30 EQUITIES | Min: 2pts ** Max: 4pts ** | 5% | 20% | 14:31-21:00 | 0.01 |
NDQ100 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 | 0.01 |
US500 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 | 0.01 |
ETFs & ADRs | Min: 2pts ** Max: 4pts ** | 20% | 20% | 14:31-21:00 | 0.01 |
*The value of the spread on entering/closing a trade in addition to the market spread.
Spread Co applies 0.05% – 0.075% per side in addition to the underlying market on UK and US equities. Many of our competitors will typically charge you 0.1%.
**Spread Co applies a minimum of 2 points and maximum of 4 points spread to the Bid and Offer respectively, in addition to the underlying market on US Equities. On a ‘Round Turn’ basis, this equates to a Total Minimum of 4 points and Total Maximum of 8 points.
Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however, these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.
If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 90% of the dividend for long UK positions, 70% for long US positions and charges 100% for short UK and US positions.
Under IRS rule 871(m) to ensure non-US holders of US equity derivatives are charged as per physical asset holders. This is long payment is increased to 85% to the standard 15% withholding tax on Submission of a W-8BEN form for UK Clients due to existing tax treaty in place, other jurisdiction account holders will be charged 30%.
If you hold a long equity position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over the weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.
The adjustment is calculated below. Financing charges/credits are a function of four variables:
IMPORTANT NOTICE: In some circumstances short borrowing costs could be applied dependant on the ability of borrowing the share
UK Equities
Minimum trade sizes are variable, depending on market capitalisation.
Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours |
---|---|---|---|---|
UK100 EQUITIES | 0.05%* | 5% | 20% | 08:01-16:30 |
UK250 EQUITIES | 0.075%* | 10% | 20% | 08:01-16:30 |
UK Equities
Minimum trade sizes are variable, depending on market capitalisation.
Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours |
---|---|---|---|---|
US30 EQUITIES | Min: 2pts ** Max: 4pts ** | 5% | 20% | 14:31-21:00 |
NDQ100 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 |
US500 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 |
ETFs & ADRs | Min: 2pts ** Max: 4pts ** | 20% | 20% | 14:31-21:00 |
*The value of the spread on entering/closing a trade.
Please contact Spread Co to discuss minimum point movement.
ADDITIONAL INFORMATION
Spread Co applies 0.05% – 0.075% per side in addition to the underlying market on UK and US equities. Many of our competitors will typically charge you 0.1%.
**Spread Co applies a minimum of 2 cents and maximum of 4 cents spread to the Bid and Offer respectively, in addition to the underlying market on US Equities. On a ‘Round Turn’ basis, this equates to a Total Minimum of 4 cents and Total Maximum of 8 cents.
Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co Limited is authorised and regulated by the Financial Conduct Authority. Register No. 446677.