ThinkMarkets has launched spread betting for UK customers on its proprietary ThinkTrader trading platform, with the new product allowing traders to speculate or bet on price movements in financial markets without having ownership of the underlying asset.。

Spread betting offers tax benefits to UK taxpayers compared to other forms of margin trading。Because under current law, any profits made through spread betting are not subject to UK capital gains tax or stamp duty。However, by the same token, any losses incurred through spread betting cannot offset capital gains made elsewhere。

Spread betting is a popular margin trading product among British traders that allows traders to speculate or bet on price movements in various financial markets, including forex, indices, precious metals and individual stocks。

When trading spreads, traders do not own the underlying assets they are betting on。Instead, they bet on whether the price of the asset will rise or fall during the life of the bet or contract。Traders make a profit if their predictions are correct, but they lose money if they are wrong。

Unlike traditional betting, the profit and loss position of spread betting is not limited to the amount and odds of the bet, it is determined by the size of the bet and the change in the price of the instrument at the end of the contract.。

For example, in a trade of 7,670 points on the FTSE 100 (FTSE 100), a bet of 10 per point is placed..00, with a notional value of 76,700.00 pounds。If a customer buys 10 per point at 7,670 on the FTSE 100.00 pounds, index up 20 points to 7,690, traders close positions。

He will earn 10..£00 * 20.0 point = 200.00, but if the index price falls 30 points to 7,640, then the trader will lose 300.00 pounds。

To open a spread betting account in ThinkMarkets, a trader simply enters the ThinkPortal, selects ThinkTrader as the platform, and then selects the spread betting option。