Spread betting is a way of speculating on the markets. You can start with smaller amounts of money, before committing more when you’re comfortable.
Before committing any funds, you can opt to try a spread betting demo platform. This gives you a chance to practice trading on a risk-free basis. You can apply for your free Accendo Markets spread betting demo account here.
Spread Betting Demo
We all feel a little unnerved when starting out on a new venture, even those experienced traders who have previously used other methods of trading will appreciate a bit of support before branching out into a new field. That is why we are offering this free spread betting demo in order to provide our clients, or potentially new clients, with the opportunity to get the feel of the product before trading live. When you sign up for the spread betting demo it will give you an allowance of fictional money to trade with, so that you can practice your trading strategy with no risk and no loss to yourself.
Successful traders always ensure that they have a suitable trading plan and effective risk management strategy in place.
About Spread Betting
Spread betting is speculating on the movement of stocks and shares; that is speculating on whether the market price will rise (going long) or fall (going short). Therefore, you can make money even if the market price falls if that’s the way you have made the call. Of course you can also lose money if the price rises when you have gone short, or falls when you went long. So, as the spread betting demo will show you, when you spread bet you don’t own anything; you simply speculate on which way you think the market price will move, up or down.
Spread betting provides investors with a variety of markets to trade in, including shares, commodities, currencies and indices, allowing traders and investors to go beyond the equity markets. And spread betting is a remarkably cost-effective method of trading, here’s why:
• Tax free profits*
• Currently no stamp duty*
• No commission payable
It is important that investors are aware that spread betting is a risky product; trades can go against you. Bearing this in mind, you should only speculate an amount that you can afford to lose. Some losing trades should be expected, but the objective is for wins to exceed losses. Spread betting is widely used by professional traders and retail clients because it provides a higher risk/reward value. Signing up for our free spread betting demo will give you the opportunity to gain a little experience with our virtual funds, before you commit to investing real money.
You can apply for your free Accendo Markets spread betting demo account here.
Spread betting is a very cost effective alternative to traditional trading. Under current UK law spread betting is completely tax free. Profits from spread betting are tax free and as with CFDs there is no stamp duty to pay on transactions. However, UK law may be subject to change
About Accendo Markets
We are an award winning derivatives brokerage, based in the heart of the City of London. We pride ourselves on providing a good, old fashioned personal service. Cutting edge technology is all too often accompanied by second rate, impersonal customer service but we have re-introduced the service traditionally offered by stockbrokers. At the same time we are a market leader**, providing the best trading platforms and products available, along with access to a huge range of global financial markets.
We cater for new and inexperienced traders giving them the best support and offering free trials to get them started, like this spread betting demo. At the same time, we offer the best range of tools for more experienced traders.
Trading with Accendo Markets
If after your free spread betting demo you decide to open an account with us, you will be assigned with a designated professional trader who will become your point of contact. Your designated trader will provide you with alerts, market news and information live and as it happens. They will act as your broker, account manager and tutor. You will also receive essential trade ideas and research provided by our experienced in-house analysts.
Trading Online
If you prefer an online only service, we can provide this too. We want to provide you with a service that is tailored to your personal trading preferences. You will still receive our trading tools, including daily reports and essential research direct to your in-box, along with access to our exceptional, easy to navigate spread betting platform in the industry and a worldwide range of financial markets.
We recommend that clients or prospective clients who are new to spread trading sign up for our spread betting demo account. Just complete the form online making sure that you include all relevant details.
Our clients tell us that we provide the easiest to navigate spread betting platform in the industry along with a wide range of tools required by the more experienced trader. During your free spread betting demo you will find that our spread betting platform provides up to date and detailed information including:
• Stock specific news and information
• Real-time research and trade ideas
• Professional charting package
• List of available markets – information on each specific stock at a click
Why are we offering the spread betting demo for free?
We are confident that your spread betting demo will illustrate the benefits of trading with Accendo Markets and that you will want to join our list of private traders.
If you decide to become a client of Accendo Markets you can speak to one of our professional traders or open an account online. You will then be able to start trading live with real money and taking advantage of all the support that Accendo Markets has to offer. If you decide not to trade with us, your spread betting demo will finish and you will owe us nothing.
We hope that this information has helped you to decide to take advantage of our free spread betting demo, and that it has assured you that if you choose to trade with Accendo Markets you will be in the hands of seasoned professionals. Our professional staff and traders have years of experience trading in the markets and are eager to pass on their wealth of knowledge to you, with the aim of helping you to improve your returns.
You can apply for your free Accendo Markets spread betting demo account here.
*Under current UK law, which can change.
** Accendo Markets has won multiple awards for its trading services.