How to trade tax-free

Yes, you read that right. With Spreadex and TradingView you can now trade tax-free!*

How you ask? Through CFD trading’s close cousin … spread betting.

With spread betting, you get most of the perks of CFD trading with the added bonus of it being exempt from UK Capital Gains Tax*.

Continue to enjoy the same leverage, range of markets, and TradingView platform but keep more of your profits.

How can spread betting possibly be tax free?

We, Spreadex, pay a tax (AKA betting duty) directly to HMRC. This means that for the majority of UK residents, you don’t need to.

As with CFD trading, since you don’t take ownership of the underlying asset, you won’t have to pay stamp duty either.

This does mean however that when spread betting, you can’t offset any losses against other capital gains.

Is spread betting more complicated than CFD trading?

Most would argue that spread betting is at least as simple as CFD trading!

Unlike with CFD trading, the only execution cost you pay is the spread.

If you buy £1 per point of Wall Street at 39000 and later that day sell it at 39400, then you make 1 x 400 = £400.

Now of course if you were wrong and the Wall Street actually falls 400 points, then if you stake £1 you’ll lose £400.

Sound familiar?

Now how do I get started?

Simply head over to our TradingView page and click “open account”.

Complete your application in just a few minutes, link your new Spreadex account to TradingView and begin to trade 1000s of global markets.

* Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.