The Spread Free markets included are selected by Spread Co and will be added to over time.
Spread Betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50.8% 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 Free Financial Trading
What is spread free trading?
With a minimum opening deposit of £200, you can access a Spread-Free account and in particular our selected Zero Spread Markets. The Spread Free account provides account holders access to selected Index and Forex markets, such as EURUSD, GBPUSD, UK100 & US30 all with zero spread on all opening and closing trades in line with our fair usage policy.
The Entry level account is our Spread Free Basic and is designed for passive traders who place a few trades a day and enables new traders to reduce the cost of trading.
For traders who are slightly more active, we offer a Bronze level account for a low monthly fixed fee. Giving traders the ability to place a greater amount of spread free trades and larger position limit.
Trade through our proprietary trading platform on Zero Spreads throughout the whole trading day utilising our powerful charting package.
Spread free markets
Trade our 15 spread free markets
| FOREX | EQUITIES | INDICES | COMMODITIES |
|---|---|---|---|
| GBPUSD | LLOYDS BANKING GROUP PLC | UK100 | SPOT GOLD |
| EURUSD | GLENCORE PLC | US500 | |
| USDJPY | VODAFONE GROUP PLC | US30 | |
| USDCAD | TESCO PLC | GER30 | |
| AUDUSD | BT GROUP PLC |
Spread free account types
Choose From Basic or Bronze Accounts
For a full overview of the trading parameters associated with all Spread Free, please refer to the accounts type table.
| Spread Free BasicSpread Free Basic | Spread Free Bronze | StandaStandard Accountrd Account | |
|---|---|---|---|
| No of Free Opening Trades per day | 4 | 6 | 0 |
| Max Bet Size | £3 per point | £5 per point | Varies, as Per dealing System |
| Max Position Size | £8 per point | £12 per point | Varies, as Per dealing System |
| Monthly Fees | Nil | £10 | Nil |
| Potential Savings vs Standard Account | |||
| Trading FTSE – monthly | £200 | £615 | Nil |
| Trading FTSE – annually | £2,400 | £7,380 | Nil |
| Trading GBPUSD-monthly | £250 | £615 | Nil |
| Trading GBPUSD – annually | £3,000 | £7,380 | Nil |
To learn more, please select an account
Zero spread
Zero Spread on Selected Markets
Low stakes
Save up to £2,400 per annum compared to a Standard account.
Reliable platform
Choice of 15 hot markets to trade
Low cost financing
Zero Financing on Short Index Bets
Basic or bronze
Choice of 2 account types
Top 15 selected spread free markets
Trade the most popular Financial Markets Spread Free
| Markets / Instruments | Standard Spread | Spread Free Basic Account – Opening & Closing Trade Spread | Charge if Maximum Daily Free Trades Exceeded | |
|---|---|---|---|---|
| In Hours | Out of Hours | Open Market – Anytime | Opening Trade Charge per Point | |
| GBPUSD | 1 | 1 | 0 | 1 |
| EURUSD | 0.8 | 0.8 | 0 | 1 |
| USDJPY | 1 | 1 | 0 | 1 |
| SPOT GOLD | 3 | 4 | 0 | 1 |
| USDCAD | 2.5 | 2.5 | 0 | 1 |
| UK100 | 0.8 | 1.8 | 0 | 1 |
| US30 | 0.8 | 2.8 | 0 | 1 |
| US500 | 0.4 | 0.4 | 0 | 1 |
| GER30 | 1 | 2 | 0 | 1 |
| AUDUSD | 1 | 1 | 0 | 1 |
| LLOYDS BANKING GROUP PLC | MARKET SPREAD + 0.1% | N/A | 0 | 1 |
| GLENCORE PLC | MARKET SPREAD + 0.1% | N/A | 0 | 1 |
| VODAFONE GROUP PLC | MARKET SPREAD + 0.1% | N/A | 0 | 1 |
| TESCO PLC | MARKET SPREAD + 0.1% | N/A | 0 | 1 |
| BT GROUP PLC | MARKET SPREAD + 0.1% | N/A | 0 | 1 |
Spread free trading examples
Is spread betting for me?
Active traders looking for tax-free profits**
Share traders looking to diversify their portfolios
People who are interested in the markets and what affects them
Those looking to add flexibility to their investment capital, through leverage
How do you spread bet?
When you open a spread betting position on a market, you are given a ‘buy’ and ‘sell’ price either side of the underlying market price – this is known as the spread.
If you think the market will rise, you open your spread bet at the ‘buy’ price. If you think it will fall, you open at the ‘sell’ price.
Spread free frequently asked questions (FAQ's)
Spread Free FAQs
1. What is a Spread Free Trading Account
It is a Spread Betting account with Spread Co’s top selected financial markets, with a zero spread (terms and conditions apply).
2. How Many Spread Betting accounts can I hold with Spread Co?
You are only able to have one Spread Betting account with Spread Co. You can choose from either a standard account type or a Spread Free account (Basic or Bronze)
3. Is there a limit as to how many trades I can place with a Spread Free account?
Yes, each spread free account has a daily trade limit, maximum position limit per instrument and a max bet size per trade.
4. What Period does the Spread Free Daily trade Apply?
The daily limit resets at 10 pm London time and applies up to 10 pm the following day.
5. Are there any fees for the Spread Free Account?
The Basic account is completely free and has no inactivity fees. The Bronze Spread Free account is charged at £10 per Calendar Month, which is deducted from the account up front. If you join within the month then the fee will be calculated on a pro-rata basis and deducted upfront.
6. What if I Switch to a Bronze Account half way through the month?
In this scenario, you would only pay for the period left within the calendar month. For example, if there were only 10 days remaining, only a 10-day portion of the monthly fee would apply.
In the event an account is switched from Bronze to basic, then the fee you have already paid will not be refunded.
7. Can I rollover the daily free trades I do not use?
Unfortunately not. The daily trade allowance is allocated per business day and cannot be rolled over.
8. Will I receive 2% interest on the Spread Free Account?
Yes, all live Spread Betting accounts are eligible for interest as long as trading resources are between £10,000 and £20,000, subject to the 2% interest terms and conditions.
9. Is there a period where the Spreads on a Spread Free account are not available?
At times of significant economic data release or changes in market trading conditions due to abnormal events, spreads may become chargeable for up to 2 minutes around the data points.
10. Can I Use a Scalping Strategy on This Account?
This Account Type does not permit scalping i.e. opening and closing a position within 3 minutes (this includes all trades, buy/sell or sell/buy regardless of any trading strategy). Consequently we have the right to withhold this offer when we have reasonable belief that there has been co-operation, collusion or organisation of trades from the same source, or if we have reasonable belief that the offer is being abused in any way.
Spread Free General FAQs
1. Are there any other charges to the Spread Free Accounts?
All positions are credited or debited as appropriate for Overnight Financing, Dividends and Monthly Interest.
2. What if I place more trades than the eligible free opening trades?
All Spread Free markets are charged for trades greater than the maximum free opening trades per account type.
Once you have exceeded your daily limit of spread free trades there will be a charge of £1 per point per opening trade, closing trades are free.
For example, the excess charge on opening a new trade with a stake of £3 on the UK100, would be £3. No charges would be incurred on closing this trade.
3. How Does Spread Co make money from Spread Free?
Spread Co makes makes its money from overnight interest, and additional charges over the minimum free trades per day, and from the subscription fees of the premium account types.
4. How long does the process take to convert my account?
Your account can be converted within minutes, and your Spread Free account will be available to use immediately.
5. Can I convert whilst still keeping my current positions running?
Unfortunately not.
Any open positions will have to be closed before your account can be converted.
6. Can I choose the markets that will be added to Spread Free?
7. How do I convert to Spread Free?
Just get in touch with our Sales Team, your Dedicated Relationship Manager or our Client Services team who will help you through every step.
Low cost spread betting with spread co
Like all forms of investing you have to pay charges, that’s why it makes sense to trade with a company that offers competitive spread betting charges. There are four key charges you need to be aware of
Spreads – the difference between the bid and the offer price. Ours start at just 0.8 for spread bets on the UK100 and US30 Index on a standard account and zero spreads on Spread Free accounts.
Overnight Financing – when you hold a spread bet trade overnight, we don’t charge any financing fees/overnight fees for short index positions, and our charges for long positions are only 3 Month LIBOR +2%.
Margins – the minimum cost of a spread bet has margins from 5% in Indices and 3.33% on major Forex Markets
Additional Spreads on Equities – typically an additional spread is wrapped around the market spread for equities, these can be as high as 0.10% per Trade. Our wrap is as low as 0.10% for FTSE 100 equities so 0.05% per trade. This is one of the lowest commission rates in the industry
Advantages of spread free spread betting
Regardless of the time of day, your trades are Spread Free*
Spread Free Instruments, Zero Dealing cost
Spread Free
Regardless of the time of time day, your trades are Spread Free*
No Stamp Duty1 or Capital Gains Tax1
No Stamp Duty or Capital Gains Tax
Manage your risk
With Spread Co’s stop loss & limit order features, With Contingent OCO’s on resting orders
No commission to pay
Trading costs are included in our spreads & they’re among the lowest you’ll find
Our trading platforms
At home, in the office or on the move. Spread Co’s trading platforms mean you never have to miss out on a great trading opportunity. All of our trading platforms offer advanced, interactive charting and live pricing as standard on over one thousand tradable markets.
Remember, when you choose to trade with spread co
You’ll benefit from over 12 years of spread betting experience, be able to access thousands of investment markets with our online service and mobile and tablet apps.
You can also keep up to date with our regular insights and call our help team when you need support.
*Terms and Conditions apply
1Tax treatment depends on your individual circumstances and tax laws can change or may differ in a jurisdiction other than the UK.
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.
Powerful Charting
Spread Co charts are powered by TradingView Inc.
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