Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Spread betting

Enjoy tax-free profits* while trading forex, commodities and indices on industry leading platforms MT4, MT5 and cTrader. Plus, get award-winning support when you need it.

Why spread bet with Pepperstone?

We know that every trader is different but there are some things that all our clients look for in a spread betting account.

Automated trading when you build your own EA

Get tax-free profits*

Access to industry leading platforms MT4, MT5 and cTrader.

Low latency, fast execution

Consistently competitive spreads

FCA-regulated broker, processing an average of more than $12bn USD per day^

Award-winning customer support, dedicated to providing you with an exceptional trading experience

Discover a wide range online resources, trading guides and expert webinars

No dealing desk execution

What is spread betting?

Spread betting is a tax-efficient way of speculating on the price movement of thousands of global financial instruments, including indices, currency pairs, commodities and treasuries. It allows traders and investors to take a position on whether they think a market will rise or fall without having to buy or sell the underlying asset.

Learn more about spread betting

Spread betting or CFD trading?

Spread betting and CFD trading are leveraged trading products that offer many of the same benefits.

They’re similar in that they’re both margined products. This means you can open a relatively large position while putting up just a small percentage of the full value of the trade.

The main difference is how they're treated for tax.

Find more information read our Spread betting vs CFDs page

Spread betting for professional clients

If you're an experienced trader you may be eligible to trade spread bets as a professional. Watch our short video guide or find more information here.

You need to be aware that you'll lose some retail client protections such as negative balance protection and leverage restrictions won't apply to"you.

If you have any questions regarding our Pro offering, please contact us on +44 (800) 0465473 (UK toll free) or premium@pepperstone.com.

Frequently asked questions

    Ready to trade?

    It's quick and easy to open a spread betting account with us. Apply in minutes with our simple application process. Spread betting accounts are only available to traders in the UK and Ireland.

    *In the UK spread betting profits are exempt from capital gains tax. Please be aware that tax treatment depends on your individual circumstances and tax law may be subject to change.