Compare Spread Betting sites.
At Spread Bet Sites, we intend to allow you to find the best spread betting companies in the UK and help you makes a reliable and informed choice to compare spread betting sites to work with. Spread betting is a way for you to bet on the direction of the price of individual shares such as Apple, Google, Tesco. Indices such as Wall St, FTSE, S&P 500 and Nikkei 225 and commodities like Gold, Silver and Copper. We have compared all of the main spread betting sites in the UK and and allow you to also leave reviews. We are an open platform and we will try to help you make an informed decision on who you should work with.
What is Spread Betting?
Spread betting allows you to bet on the price movements of stocks, shares, indices and currencies around the world without actually owning shares in companies. You can buy and sell within minutes or hours and trade as a day trader or a more long term trader. When you bet, you bet on a per point basis which means for every point the stock or indices moves you win or lose money – the amount of money you placed on the point. The key to success if to stay within your means making sure you have enough reserve cash to ride the waves.
Spread betting allows you to speculate on any price movement regardless of whether share values rise or fall. You are still able to profit from losses on a stock due to the fact that you can both “go long” and “go short” – by having a spread bet trade on a rising or a falling share price. However the share prices fluctuate, you have the opportunity to profit from the movement.