Spread betting is the tax-free* alternative to conventional dealing in shares, forex, commodities and other markets. It enables you to profit from rising as well as falling prices 24 hours a day.
The 'spread', also known as the 'dealing spread', is simply the difference between the price at which you can 'buy' and the price at which you can 'sell' a particular market. When opening or closing a bet, you buy at the upper end of the spread and sell at the lower end.For example, say we are offering the FTSE 100 Daily at 4025 / 4027. The spread is two points: if you want to 'buy' you do so at 4027 and if you want to 'sell' you do so at 4025. Spread betting with IG Index means that all your profits are absolutely free from UK capital gains tax*. You do not have to pay a broker’s fee or commission charge and there is no stamp duty to worry about when you open or close your bet. The only charge is our dealing spread. *Tax law can be changed or may differ depending on your personal circumstances
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