Accounts
Spread Betting
Tax-free leveraged trading (UK)
A UK-only leveraged product where you bet £ per point of price movement. Profits are free from Capital Gains Tax and Stamp Duty, but leverage means losses can mount quickly.
Key features & allowances
- Profits free from CGT and Stamp Duty (UK)
- No Capital Gains allowance consumed
- Leveraged — stake per point controls exposure
- Can go long or short
Best for
- UK-based short-term traders
- Speculating on indices, FX and commodities
- Traders comfortable with leverage
Risks & considerations
High risk. Losses can exceed your deposit. Most retail spread bettors lose money. Not suitable for long-term investing.
For information only and not personal financial advice. Tax rules refer to the 2026/27 tax year and may change.