01 What is a Spread Bet? / Editor / 21 July 2008 / Leave a comment

Confused about the spread betting concept? Continue reading to find out all about it!

Spread Betting is a tax free, cost efficient alternative to traditional share dealing. It allows you to speculate on the movement of stocks, shares, commodities, currencies and indices with the need for a stockbroker, therefore you do not have to pay any commission or fees. Tradefair creates a spread around the live underlying market price* and you can then bet on whether this market will go up or down.

* Tradefair's quote is always based upon the prices obtained from the various financial exchanges around the world. These prices are referred to as the 'underlying markets'.