GBPUSD SPREAD FREE TRADING
BASIC ACCOUNT EXAMPLES

If you already trade GBPUSD, you could be potentially making more or losing less with a Spread Co Spread Free Account.Whilst our standard Tight and Fixed Spreads allow you to trade without worrying about factoring in variable spreads, our Spread Free account eliminates it completely.Regardless if your strategy is to go long or short, the trading examples below show what savings could be made through Spread Free trading compared to our standard account type.

Long Trading Strategy Example: GBPUSD

Trader ‘A’ places 7 long trades on GBPUSD, of which 4 of these have no fees. There is an excess trade fee of £4.00 for the additional trades. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £4.00 on trading fees to benefit from Spread Free.

Basic Account Net Profit: £201.00

Trader ‘B’ places the same 7 long trades on GBPUSD using the standard Spread Betting Account. There are no fees for placing such trades, however the trader needs to allow for the spread on this account.

Standard Account Net Profit: £190.00

LONG TRADING STRATEGY GBPUSD SAVINGS SUMMARY

Total Opening Stake15
Total Opening Trade7Excess-£4.00
Eligible Free Trades4Net Profit/Loss£201.00
Excess Trade Staked3
Excess Stake Charge£4.00Net Profit/Loss without Spread Free£190.00

LONG TRADING STRATEGY: GBPUSD DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
GBPUSD3BUY1.30900Opening Trade 13
GBPUSD3BUY1.30900Opening Trade 26
GBPUSD3SELL1.31000Closing Trade – No Fee3
GBPUSD3BUY1.30950Opening Trade 36
GBPUSD2BUY1.30850Opening Trade 48
GBPUSD3SELL1.31050Closing Trade – No Fee5
GBPUSD1BUY1.30950Excess Trade Fee £1.006
GBPUSD2SELL1.31150Closing Trade – No Fee4
GBPUSD2SELL1.31150Closing Trade – No Fee2
GBPUSD2BUY1.30950Excess Trade Fee £2.004
GBPUSD1BUY1.30850Excess Trade Fee £1.005
GBPUSD3SELL1.31050Closing Trade – No Fee2
GBPUSD2SELL1.31050Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
GBPUSD3BUY1.310003SELL1.31000£0.00
GBPUSD2BUY1.308501SELL1.31150£30.00
GBPUSD3BUY1.309003SELL1.31050£45.00
GBPUSD3BUY1.309502SELL1.31150£40.00
GBPUSD3BUY1.309501SELL1.31150£20.00
GBPUSD1BUY1.309501SELL1.31050£10.00
GBPUSD1BUY1.308501SELL1.31050£10.00
GBPUSD2BUY1.309501SELL1.31050£10.00
GBPUSD2BUY1.309501SELL1.31050£10.00
GBPUSD2BUY1.308501SELL1.31050£10.00
Gross Profit/Loss£205.00

Standard Account: GBPUSD Long Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
GBPUSD3BUY1.31005Standard3
GBPUSD3BUY1.30905Standard6
GBPUSD3SELL1.30995Standard3
GBPUSD3BUY1.30955Standard6
GBPUSD2BUY1.30855Standard8
GBPUSD3SELL1.31045Standard5
GBPUSD1BUY1.30955Standard6
GBPUSD2SELL1.31145Standard4
GBPUSD2SELL1.31145Standard2
GBPUSD2BUY1.30955Standard4
GBPUSD1BUY1.30855Standard5
GBPUSD3SELL1.31045Standard2
GBPUSD2SELL1.31045Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
GBPUSD3BUY1.310053SELL1.30995-£3.00
GBPUSD1BUY1.309551SELL1.31045£9.00
GBPUSD2BUY1.308551SELL1.31145£29.00
GBPUSD2BUY1.308551SELL1.31045£19.00
GBPUSD2BUY1.309551SELL1.31045£9.00
GBPUSD3BUY1.309053SELL1.31045£42.00
GBPUSD3BUY1.309552SELL1.31145£38.00
GBPUSD3BUY1.309551SELL1.31145£19.00
GBPUSD1BUY1.308551SELL1.31045£19.00
GBPUSD2BUY1.309551SELL1.31045£9.00
Net Profit/Loss£190.00

Short Trading Strategy Example: GBPUSD

Trader ‘A’ places 7 short trades on GBPUSD, of which 4 of these have no fees. There is an excess trade fee of £4.00 for the additional trades. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £4.00 on trading fees to benefit from Spread Free.

Basic Account Net Loss: £209.00

Trader ‘B’ places the same 7 short trades on GBPUSD using the standard Spread Betting Account. There are no fees for placing such trades, however the trader needs to allow for the spread on this account.

Standard Account Net Loss: £220.00

SHORT TRADING STRATEGY GBPUSD SAVINGS SUMMARY

Total Opening Stake15
Total Opening Trade7Excess-£4.00
Eligible Free Trades4Net Profit/Loss-£209.00
Excess Trade Staked3
Excess Stake Charge£4.00Net Profit/Loss without Spread Free-£220.00

SHORT TRADING STRATEGY: GBPUSD DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
GBPUSD3SELL1.30900Opening Trade 1-3
GBPUSD3SELL1.30900Opening Trade 2-6
GBPUSD3BUY1.31000Closing Trade – No Fee-3
GBPUSD3SELL1.30950Opening Trade 3-6
GBPUSD2SELL1.30850Opening Trade 4-8
GBPUSD3BUY1.31050Closing Trade – No Fee-5
GBPUSD1SELL1.30950Excess Trade Fee £1.00-6
GBPUSD2BUY1.31150Closing Trade – No Fee-4
GBPUSD2BUY1.31150Closing Trade – No Fee-2
GBPUSD2SELL1.30950Excess Trade Fee £2.00-4
GBPUSD1SELL1.30850Excess Trade Fee £1.00-5
GBPUSD3BUY1.31050Closing Trade – No Fee-2
GBPUSD2BUY1.31050Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
GBPUSD3SELL1.310003BUY1.31000£0
GBPUSD3SELL1.309003BUY1.31050-£45.00
GBPUSD3SELL1.309502BUY1.31150-£40.00
GBPUSD3SELL1.309501BUY1.31150-£20.00
GBPUSD2SELL1.308501BUY1.31150-£30.00
GBPUSD2SELL1.308501BUY1.31050-£20.00
GBPUSD2SELL1.309501BUY1.31050-£10.00
GBPUSD2SELL1.309501BUY1.31050-£10.00
GBPUSD1SELL1.309501BUY1.31050-£10.00
GBPUSD1SELL1.308501BUY1.31050-£20.00
Gross Profit/Loss-£205.00

Standard Account: GBPUSD SHORT Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
GBPUSD3SELL1.30900Standard-3
GBPUSD3SELL1.30900Standard-6
GBPUSD3BUY1.31000Standard-3
GBPUSD3SELL1.30950Standard-6
GBPUSD2SELL1.30850Standard-8
GBPUSD3BUY1.31050Standard-5
GBPUSD1SELL1.30950Standard-6
GBPUSD2BUY1.31150Standard-4
GBPUSD2BUY1.31150Standard-2
GBPUSD2SELL1.30950Standard-4
GBPUSD1SELL1.30850Standard-5
GBPUSD3BUY1.31050Standard-2
GBPUSD2BUY1.31050Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
GBPUSD3SELL1.310053BUY1.31005-£3.00
GBPUSD3SELL1.309551BUY1.31155-£42.00
GBPUSD3SELL1.308551BUY1.31155-£21.00
GBPUSD3SELL1.308551BUY1.31055-£48.00
GBPUSD2SELL1.309551BUY1.31155-£31.00
GBPUSD2SELL1.309053BUY1.31055-£21.00
GBPUSD2SELL1.309552BUY1.31055-£11.00
GBPUSD2SELL1.309551BUY1.31055-£11.00
GBPUSD1SELL1.308551BUY1.31055-£11.00
GBPUSD1SELL1.309551BUY1.31055-£21.00
Net Profit/Loss-£220.00