Spread Betting Financial Markets

A tax-free* way to trade – exclusive to UK clients

Why try spread betting with Axi?

Tax free trading
Many traders prefer Spread Betting over CFD trading because it works in the same way but has tax free* status.

Trade using leverage
With Axi you can apply leverage to your spread bettting account to make your capital go further.

Rising and falling markets
When you spread bet you can benefit whether the price of an instrument is rising or falling. 

Fast execution and competitive spreads
Super competitive spreads with ultra fast execution speed

Over 130+ products
Access over 130 products from Oil, Gold, FX and Commodities

Trusted, regulated and award-winning broker
60,000+ traders in over 100 countries trust us with their trades

Most popular instruments to trade

For a complete overview of all spread bet instruments available and what time zone they are active in, check out the product schedule.

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Start spread betting online today

  1. Open a free live trading account
  2. Add funds by depositing into your account
  3. Monitor the market and choose the spread bet instrument you want to trade

What is Spread Betting?

Spread Betting is just like standard CFD trading – you simply pick a product and speculate whether the price is going to go up or down. Your trade is effectively a ‘bet’ on whether the price will have increased or decreased at a specified point in time.

Man in front of his laptop writing in his calendar

How does spread betting work?

Spread Betting works on a “pound per point” basis, similar to sports betting where you get an incremental return for every pound you put down, based on how much the market moves. For example, if the current price is $100 and you think it was going to go up, you could place a £5 Spread Bet. If the price increased to $105, you would take a £25 profit (£105-£100 x £5). If the price had gone down to $95, you would incur a £25 loss.

But unlike sports betting, our pricing is not fixed – it ebbs and flows with the normal movement of the markets.

Why is it called spread betting?

In trading, the ‘spread’ is simply the difference between the Buy price and the Sell price. When the two prices are close together, you have a smaller (or narrow) spread. When prices are further apart, you would say it is a larger or wider spread.

The main factors influencing the spread are market liquidity, supply and demand. Any time liquidity is low and there is an imbalance between supply and demand, the spread is likely to be wider. As a trader, you generally want the narrowest spread.

If I place a spread bet, do I own any assets?

No. When you open a spread bet you’re simply trading the real-time price movement of an underlying asset, such as a currency or commodity.

This is different to investing in stocks where you would gain legal ownership of the asset. Additionally, in the case of stocks you need the price to increase in order to realise a profit, but the nature of Spread Betting means you have the ability to trade on the downside and profit even if the price of an instrument is falling.

Spread betting example

The UK 100 is trading at 7450/51 (sell/buy price). Your analysis suggests the economy is growing and the UK100 price is likely to go up, so you buy at £1 per point. The margin investment for the UK 100 is 5%, meaning you need to deposit 5% of the contract value: 7450 x 5% = £372.55.  

Let’s say the price does rise as expected and you decide to close the trade at 7426/77. The market has moved 25 points in your favour which, when multiplied by you stake of £1, nets you a profit of £25. However, if the market had dropped to 7426/27 when you closed the position, your loss would be £1 x (7426-7451) = £25.

Benefits of trading with Axi

Freedom, without ownership
With Spread Betting you’re not buying or selling a physical asset. Instead, you're trading on the direction of the market, leaving the option to trade either up or down.

One account, endless possibilities
From a single Axi account you can access all trade types, from FX, Indices, Commodities and more.

Open all hours
No matter what time of day or night it is in your part of the world, our Spread Betting services are available round the clock.

Super speed
Thanks to leading technology and priority network access, your Axi Spread Bets take place almost instantaneously.

Spread betting platforms and tools

Experience spread betting online the way it was meant to be - intuitive, fast and portable. When finding the right trading platform to spread bet, these are the ultimate tools to consider.

MetaTrader 4

MetaTrader 4 is the smart choice for online traders everywhere who are looking for a trading edge. Simple for beginners and full of advanced functions for professionals, the MT4 platform helps you unlock unlimited trading possibilities.

Learn about MT4

AutoChartist

Autochartist continuously scans the market for customised trade opportunities, based on realtime pricing and your specific trade setups, then alerts you to potential trades.

Discover more markets to trade with Axi

Choose from a variety of global markets to trade with Axi, using ultra competitive spreads to trade your edge.

Tax free trading

Many traders prefer Spread Betting over CFDs because it has tax free* status.

*UK and Ireland residents only. Please bear in mind that tax laws are subject to change and traders should monitor their personal circumstances and tax liability.

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