Spread betting is a way of speculating on price movements to turn a profit, either in the financial markets or on sports events. Also known as ‘spreadbetting’ or ‘spread trading’, the basic premise is to accurately predict whether a financial market price or sports outcome will finish higher or lower than the ‘spread’ on offer.
Get it right and the more your price rises – or falls – from the point of the spread, the more you win. However, spread betting losses can exceed your initial deposit so it is important to understand the risks involved. Formed in 1999, Spreadex is one of the longest-established spread betting companies in the UK.
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