Spread Betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.3% of retail investor accounts lose money when trading Spread Betting and CFDs with this provider. You should consider whether you understand how Spread Betting and CFDs work and whether you can afford to take the high risk of losing your money
Spread Bet Markets
The minimum bet for all indices is £1 per point.
| Index | Quoting Hours | Fixed Spread | Professional Margin | Retail Margin | Point Movement |
|---|---|---|---|---|---|
| EU STOXX 50 | 07:00 – 16:30 | 1 | 0.50% | 5% | 1 |
| 16:30 – 21:00 | 1.2 | ||||
| 01:15 – 07:00 | 1.5 | ||||
| GERMANY40 | 07:00 – 16:30 | 1 | 0.50% | 5% | 1 |
| 16:30 – 21:00 | 2 | ||||
| 01:15 – 07:00 | 6 | ||||
| MINI GERMANY 40 | 07:00 – 16:30 | 1 | 0.50% | 5% | 10 |
| 16:30 – 21:00 | 2 | ||||
| 01:15 – 07:00 | 6 | ||||
| JAPAN225 FUTURE | 23:01 – 14:29 | 12 | 0.75% | 5% | 1 |
| 14:30 – 20:59 | 12 | ||||
| 21:00 – 22:00 | 12 | ||||
| NDQ100 | 23:01 – 14:29 | 1 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 0.5 | ||||
| 21:00 – 22:00 | 1 | ||||
| MINI NDQ100 | 23:01 – 14:29 | 1 | 0.50% | 5% | 10 |
| 14:30 – 20:59 | 0.5 | ||||
| 21:00 – 22:00 | 1 | ||||
| NDQ100 FUTURE | 23:01 – 14:29 | 2.5 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 2 | ||||
| 21:00 – 22:00 | 2.5 | ||||
| UK100 | 01:01 – 08:00 | 4.1 | 0.50% | 5% | 1 |
| 08:00 – 16:30 | 0.6 | ||||
| 16:30 – 21:00 | 1.1 | ||||
| MINI UK100 | 01:01 – 08:00 | 4.1 | 0.50% | 5% | 10 |
| 08:00 – 16:30 | 0.6 | ||||
| 16:30 – 21:00 | 1.1 | ||||
| UK100 FUTURE | 01:01 – 08:00 | 8.5 | 0.50% | 5% | 1 |
| 08:00 – 16:30 | 2.5 | ||||
| 16:30 – 21:00 | 3.5 | ||||
| US30 | 23:01 – 14:29 | 2.8 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 0.8 | ||||
| 21:00 – 22:00 | 2.8 | ||||
| MINI US30 | 23:01 – 14:29 | 2.8 | 0.50% | 5% | 10 |
| 14:30 – 20:59 | 0.8 | ||||
| 21:00 – 22:00 | 2.8 | ||||
| US30 FUTURE | 23:01 – 14:29 | 5 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 3 | ||||
| 21:00 – 22:00 | 5 | ||||
| US500 | 23:01 – 14:29 | 0.5 | 0.50% | 5% | 0.1 |
| 14:30 – 20:59 | 0.4 | ||||
| 21:00 – 22:00 | 0.5 | ||||
| US500 FUTURE | 23:01 – 14:29 | 0.6 | 0.50% | 5% | 0.1 |
| 14:30 – 20:59 | 0.5 | ||||
| 21:00 – 22:00 | 0.6 | ||||
| MINI US500 | 23:01 – 14:29 | 0.5 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 0.4 | ||||
| 21:00 – 22:00 | 0.5 | ||||
| US RUSSELL | 23:01 – 14:29 | 0.4 | 0.50% | 5% | 1 |
| 14:30 – 20:59 | 0.3 | ||||
| 21:00 – 22:00 | 0.4 |
For all indices, 1 point movement in the Index price equals 1 stake point except for US500 and US500 future where 0.1 point movement in the Index price equals 1 stake point.
SPREADS
Our tightest spreads are available up to a maximum of £50 a point after which the spreads increase on a sliding scale basis.
Spread sizes for bets over £50 per point
UK100: £51-£100 spread is 1.0, £101-£200 spread is 1.5 and £201-£500 spread is 2.5.
US30: £51-£100 spread is 1.5, £101-£200 spread is 2.5 and £201-£500 spread is 5.
SPREAD CO QUOTING HOURS
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.
*US markets close at 21:15 on Friday
DIVIDEND ADJUSTMENTS
If an Index position is held the day before an ex-dividend event and after Spread Co’s end of the day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co-pays out 100% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.
FINANCING
If you hold a long index position overnight your position will be subject to a finance adjustment shortly after the end of the day cut off (10 pm). Charges are calculated on each individual position, not on a net position. Positions held over a 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:
- Closing Price
- Financing Interest Rate
- Days to Finance
- Days in Financial Calendar Year (360 or 365) depending on the instrument
IMPORTANT NOTICE: Spread Co does not charge financing for holding short index and equities positions nor does Spread Co charge financing on futures contracts.
More information and examples on financing
ROLLOVER OF FUTURE POSITIONS
Spread Co uses the mid-price to close positions in the current contract and re-opens the new position again using the mid-price for the next contract month. Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending on whether a long or short position is held. Additional charges from executing in the underlying market incurred by Spread Co may be passed on to you
The minimum bet for all commodities is £1 per point.
| Markets | Quoting Hours (Sunday – Friday) | Spread Size | Professional Margin | Retail Margin | Point Movement |
|---|---|---|---|---|---|
| SPOT GOLD | 23:01 – 07:00 | 4 | 1% | 5% | 0.1 |
| 07:00 – 22:00 | 3 | ||||
| MINI SPOT GOLD | 23:01 – 07:00 | 4 | 1% | 5% | 1 |
| 07:00 – 22:00 | 3 | ||||
| SPOT SILVER | 2.5 | 1% | 10% | 0.01 | |
| 23:01 – 22:00 | |||||
| US CRUDE OIL FUTURE | 23:00 – 07:00 | 4 | 1% | 10% | 0.01 |
| 07:00 – 22:00 | 3 | ||||
| MINI US CRUDE OIL FUTURE | 23:00 – 07:00 | 4 | 1% | 10% | 0.1 |
| 07:00 – 22:00 |
For Spot Gold a 0.1 point movement in the price equals 1 stake point, for the rest of the markets, a 0.01 point movement equals 1 stake point.
ADDITIONAL INFORMATION
SPREAD CO QUOTING HOURS
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.
ROLLOVER OF FUTURE POSITIONS
Spread Co uses the mid-price to close positions in the current contract and re-opens the new position again using the mid-price for the next contract month.
Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending on whether a long or short position is held.
Additional charges from executing in the underlying market incurred by Spread Co may be passed on to you.
The minimum bet for all currency pairs is £1 per point.
Quoting hours for currencies is 10 pm Sunday to 10 pm Friday (daily break 22:00 – 22:10).
| FX Pair | Spread Size | Professional Margin | Retail Margin | Point Movement |
|---|---|---|---|---|
| AUDCAD | 4 | 0.50% | 5% | 0.0001 |
| AUDCHF | 5 | 0.50% | 5% | 0.0001 |
| AUDJPY | 3 | 0.50% | 5% | 0.01 |
| AUDNZD | 5 | 1% | 5% | 0.0001 |
| AUDUSD | 1 | 0.50% | 3.33% | 0.0001 |
| CADCHF | 5 | 1% | 5% | 0.0001 |
| CADJPY | 4 | 0.50% | 5% | 0.01 |
| CHFJPY | 3 | 1% | 5% | 0.01 |
| EURAUD | 3 | 1% | 5% | 0.0001 |
| EURCAD | 6 | 0.50% | 5% | 0.0001 |
| EURCHF | 3 | 1% | 3.33% | 0.0001 |
| EURGBP | 1 | 0.50% | 3.33% | 0.0001 |
| EURJPY | 2 | 0.50% | 3.33% | 0.01 |
| EURNZD | 7 | 1% | 5% | 0.0001 |
| EURPLN | 25 | 1% | 5% | 0.0001 |
| EURSGD | 9 | 1% | 5% | 0.0001 |
| EURUSD | 0.8 | 0.50% | 3.33% | 0.0001 |
| MINI EURUSD | 1 | 0.50% | 3.33% | 0.0010 |
| GBPAUD | 5 | 1% | 5% | 0.0001 |
| GBPCAD | 7 | 1% | 5% | 0.0001 |
| GBPCHF | 5 | 1% | 5% | 0.0001 |
| GBPJPY | 3 | 0.50% | 5% | 0.01 |
| GBPNZD | 8 | 1% | 5% | 0.0001 |
| GBPUSD | 1 | 0.50% | 3.33% | 0.0001 |
| MINI GBPUSD | 1.2 | 0.50% | 3.33% | 0.0010 |
| GBPZAR* | 250 | 1% | 5% | 0.0001 |
| NZDCAD | 6 | 1% | 5% | 0.0001 |
| NZDCHF | 6 | 1% | 5% | 0.0001 |
| NZDJPY | 3 | 1% | 5% | 0.01 |
| NZDUSD | 2.5 | 0.50% | 5% | 0.0001 |
| USDCAD | 2.5 | 0.50% | 3.33% | 0.0001 |
| USDCHF | 2.5 | 1% | 3.33% | 0.0001 |
| USDJPY | 1 | 0.50% | 3.33% | 0.01 |
| USDNOK | 50 | 1% | 5% | 0.0001 |
| USDPLN | 40 | 150 | 5% | 0.0001 |
| USDSEK | 50 | 1% | 5% | 0.0001 |
| USDSGD | 8 | 1% | 5% | 0.0001 |
| USDZAR* | 100 | 2% | 5% | 0.0001 |
*GBPZAR & USDZAR – Closed 22:00 to 23:00
For all FX pairs, 0.0001 point movement in the FX price equals 1 stake point, except when the quoting currency is JPY a 0.01 point movement equals 1 stake point.
T+2=Two business days from the trade date
ADDITIONAL INFORMATION
SPREADS
Our tightest spreads are available up to a maximum of £50 a point after which the spreads increase on a sliding scale basis.
Spread sizes for bets over £50 per point
EURUSD: £51-£100 spread is 1.0, £101-£200 spread is 2.5 and £201-£500 spread is 3.
SPREAD CO QUOTING HOURS
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.
ROLLOVER ADJUSTMENTS
You may receive interest credits when you are long the currency with the higher interest rate and may be charged interest when you are short the currency with the higher interest rate.
If a position is held at the end of the day (10 pm) on Wednesday there will be a 3-day rollover charge/credit. FX settles on a T+2 basis e.g. at the end of Wednesday, T+2 would be a Saturday, however as banks are not open you cannot settle the currency until Monday. If there is a currency holiday on Monday then the rollover charge/credit will be for 4 days, to the next settlement day.
Equities Market Information
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.
SPREADS
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 QUOTING HOURS
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.
DIVIDEND ADJUSTMENTS
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 100% 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%.
FINANCING
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:
- Closing Price
- Financing Interest Rate
- Days to Finance
- Days in Financial Calendar Year (360 for USD & CHF or 365 for other) depending on the instrument
IMPORTANT NOTICE: In some circumstances short borrowing costs could be applied dependant on the ability of borrowing the share
Easy To Open An Account
Reliable Platform
With our platforms you can trade wherever you are – at home, in the office, or when you’re out and about.
0% financing on short index positions
Some companies will charge you to hold a short index position. At Spread Co we won’t.
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