Igindex.co.uk are world leaders in Spread Betting. Spread betting is the flexible and tax-free alternative to conventional trading in financial markets. Dealing with Igindex.co.uk is quick and easy, and they offer a comprehensive 24-hour service. About Spread BettingSpread betting is a flexible and tax-efficient (tax law can, of course, be changed or may differ if you pay tax in a jurisdiction other than the UK) alternative to conventional dealing in futures markets, stock markets and currencies. Igindex.co.uk is Britain's leading financial bookmaker who offer account holders the opportunity to make substantial profits by backing their judgement in financial markets. There are dozens of different bets to choose from. The rewards can be considerable and all profits are free from UK capital gains and income tax. Trading financial markets can result in large losses as well as large profits, and you are strongly recommend to only bet with money you can afford to lose. Although the rewards are potentially unlimited, your maximum possible loss can be capped on most bets using IG's flexible risk management service. Dealing with Igindex.co.uk has very significant advantages. Here are some important benefits which traditional brokers won't offer you: Tax-free profits
Because your transaction is a bet, your profits are free from UK capital gains tax and income tax.(tax law can, of course, be changed or may differ if you pay tax in a jurisdiction other than the UK.)
24-hour dealing
Igindex.co.uk are open 24 hours a day, from Sunday night to Friday night. Prices are quoted on leading stock indices even when the underlying markets are closed.
Go long or short
You can 'buy' or 'sell' any share or index that is quoted, so you can make money in either a rising or a falling market.
Limited risk
You can, if you choose, put an absolute limit on your maximum possible loss without affecting your ability to make potentially unlimited profits.
Immediate dealing
Igindex.co.uk quote you a price and you can deal immediately, there is no tiresome waiting for an execution.
No commission or fees
The only charge is Igindex.co.uk dealing spread.
Small bets welcome
Minimum transaction sizes are usually smaller than in the equivalent futures market.
Credit facilities
Depending on your experience and financial standing you may be eligible for a credit account.
Igindex.co.uk broke new ground when they introduced bets on a small number of individual FTSE-100 shares in 1996. Since then, their shares desk has grown dramatically and they now make betting prices in every one of the top 350 UK shares, as well as thousands of leading US and European shares.
The idea of betting on a share (rather than buying or selling through a stockbroker or share shop) may seem a bit odd at first, but the service has substantial advantages over normal share dealing:
Tax-free profits
As with all our bets, your profits are free from UK capital gains and income tax.
Gearing
You can take a position in a stock without having to put up the full contract value. Instead, you put up a margin deposit as collateral, normally around 20% of the contract value. If you have a Credit Account you do not normally need to put up any deposit.
Low transaction costs
There is no commission or stamp duty to pay. The only charge is the dealing spread, which generally varies from 0.4% to 0.8% of the share price.
Easy to go short
You can go long or short of any share that is quoted. While there are other methods of shorting a stock, they are less straightforward and not usually available to smaller private investors.
Small minimum deal sizes
You don't need to make big bets. The minimum deal size for UK shares can be as low as £1/point, depending on the price of the stock.
Bets on shares work in very much the same way as all other bets. Igindex.co.uk make a quote for the price of a share on a given date in the future, and you decide whether you think the share will be higher or lower by that time. If you think it will be higher, you 'buy' at their quote. If you think it will be lower, you 'sell' at their quote.
Additional information can be found on the Igindex.co.uk Share Dealing website. (See the links above)
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