Spread Betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.8% of retail investor accounts lose money when trading Spread Betting and CFDs with this provider. You should consider whether you understand how Spread Betting and CFDs work and whether you can afford to take the high risk of losing your money
CFD Markets
Minimum contract size for all indices is 1. Except for US500, US500 Future and JAPAN225 where the minimum contract size is 10.
ADDITIONAL INFORMATION
SPREAD CO QUOTING HOURS
Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.
*US markets close at 21:15 on Friday
DIVIDEND ADJUSTMENTS
If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 100% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.
FINANCING
If you hold a long Index position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over a weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.
The adjustment is calculated below. Financing charges/credits are a function of four variables:
- Closing Price
- Financing Interest Rate
- Days to Finance
- Days in Financial Calendar Year (360 or 365) depending on the instrument
IMPORTANT NOTICE: Spread Co does not charge financing for holding short index positions nor does Spread Co charge financing on futures contracts.
More information and examples on financing
ROLLOVER OF FUTURE POSITIONS
Spread Co uses the mid price to close positions in the current contract and re-opens the new position again using the mid price for the next contract month. Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending whether a long or short position is held.
| Markets | Sunday – Friday | Spread Size | Professional Margin | Retail Margin | Minimum Trade Quantity/Increment | Contract Months |
|---|---|---|---|---|---|---|
| SPOT GOLD | 23:01 – 07:00 | 0.4 | 1% | 5% | 10 | N/A |
| 07:00 – 22:00 | 0.3 | |||||
| SPOT SILVER | 23:01 – 22:00 | 0.025 | 1% | 10% | 500 | N/A |
| US CRUDE OIL FUTURE | 23:00 – 07:00 07:00 – 22:00 | 0.04 0.03 | 1% | 10% | 100 | MONTHLY |
| UK CRUDE OIL FUTURE | 01:01 – 22:59 | 0.04 | 2% | 10% | 100 | MONTHLY |
Profit and loss for all products are calculated in USD.
ADDITIONAL INFORMATION
SPREAD CO QUOTING HOURS
Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.
ROLLOVER OF FUTURE POSITIONS
Spread Co uses the mid price to close positions in the current contract and re-opens the new position again using the mid price for the next contract month.
Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending whether a long or short position is held.
Additional charges from executing in the underlying market incurred by Spread Co may be passed on to you.
Quoting hours for currencies is 10pm Sunday to 10pm Friday (daily break 22:00 – 22:10).
| FX Pair | Spread Size | Professional Margin | Retail Margin | P/L Currency |
|---|---|---|---|---|
| AUDCAD | 4 | 0.50% | 5% | CAD |
| AUDCHF | 5 | 0.50% | 5% | CHF |
| AUDJPY | 3 | 0.50% | 5% | JPY |
| AUDNZD | 5 | 1% | 5% | NZD |
| AUDUSD | 1.5 | 0.50% | 3.33% | USD |
| CADCHF | 5 | 1% | 5% | CHF |
| CADJPY | 4 | 0.50% | 5% | JPY |
| CHFJPY | 3 | 1% | 5% | JPY |
| EURAUD | 3 | 1% | 5% | AUD |
| EURCAD | 6 | 0.50% | 5% | CAD |
| EURCHF | 3 | 1% | 3.33% | CHF |
| EURGBP | 2 | 0.50% | 3.33% | GBP |
| EURJPY | 2 | 0.50% | 3.33% | JPY |
| EURNZD | 7 | 1% | 5% | NZD |
| EURPLN | 25 | 1% | 5% | PLN |
| EURSGD | 9 | 1% | 5% | SGD |
| EURUSD | 1.5 | 0.50% | 3.33% | USD |
| GBPAUD | 5 | 1% | 5% | AUD |
| GBPCAD | 7 | 1% | 5% | CAD |
| GBPCHF | 5 | 1% | 5% | CHF |
| GBPJPY | 3 | 0.50% | 5% | JPY |
| GBPNZD | 8 | 1% | 5% | NZD |
| GBPUSD | 2 | 0.50% | 3.33% | USD |
| GBPZAR | 250 | 2% | 5% | ZAR |
| NZDCAD | 6 | 1% | 5% | CAD |
| NZDCHF | 6 | 1% | 5% | CHF |
| NZDJPY | 3 | 1% | 5% | JPY |
| NZDUSD | 3 | 0.50% | 5% | USD |
| USDCAD | 3 | 0.50% | 3.33% | CAD |
| USDCHF | 3 | 1% | 3.33% | CHF |
| USDJPY | 1.5 | 0.50% | 3.33% | JPY |
| USDNOK | 50 | 1% | 5% | NOK |
| USDSEK | 50 | 1% | 5% | SEK |
| USDSGD | 8 | 1% | 5% | SGD |
| USDZAR | 100 | 2% | 5% | ZAR |
| GBPPLN | 50 | 1% | 5% | PLN |
| USDPLN | 40 | 150 | 5% | PLN |
Minimum trade quantity for all FX pairs is 10,000 CFDs.
T+2=Two business days from the trade date
ADDITIONAL INFORMATION
ROLLOVER ADJUSTMENTS
You may receive interest credits when you are long the currency with the higher interest rate and may be charged interest when you are short.
If a position is held at the end of day (10pm) on Wednesday there will be a 3 day rollover charge/credit. In the FX world everything settles on a T+2 basis. E.g. At the end of Wednesday, T+2 would be a Saturday, however as banks are not open you cannot settle the currency until Monday. If there is a currency holiday on Monday then the rollover charge/credit will be for 4 days, to the next settlement day.
SPREAD CO QUOTING HOURS
Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.
P/L CURRENCY
All profit and loss will be booked in the quote currency e.g. if you trade EURUSD, any profit/loss will be booked in USD.
UK Equities
Minimum trade sizes are variable, depending on market capitalisation.
| Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours |
|---|---|---|---|---|
| UK100 EQUITIES | 0.05%* | 5% | 20% | 08:01-16:30 |
| UK250 EQUITIES | 0.075%* | 10% | 20% | 08:01-16:30 |
UK Equities
Minimum trade sizes are variable, depending on market capitalisation.
| Markets | Spread Size | Professional Margin | Retail Margin | Quoting Hours |
|---|---|---|---|---|
| US30 EQUITIES | Min: 2pts ** Max: 4pts ** | 5% | 20% | 14:31-21:00 |
| NDQ100 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 |
| US500 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 14:31-21:00 |
| ETFs & ADRs | Min: 2pts ** Max: 4pts ** | 20% | 20% | 14:31-21:00 |
| MAG 7 EQUITIES | Min: 2pts ** Max: 4pts ** | 10% | 20% | 09:01-21:00 |
*The value of the spread on entering/closing a trade.
Please contact Spread Co to discuss minimum point movement.
ADDITIONAL INFORMATION
SPREADS
Spread Co applies 0.05% – 0.075% per side in addition to the underlying market on UK equities in addition to the underlying market on UK and US equities. Many of our competitors will typically charge you 0.1%.
**Spread Co applies a minimum of 2 cents and maximum of 4 cents spread to the Bid and Offer respectively, in addition to the underlying market on US Equities. On a ‘Round Turn’ basis, this equates to a Total Minimum of 4 cents and Total Maximum of 8 cents.
***MAG 7 Equities include: Alphabet Inc. (GOOG), Amazon Inc. (AMZN), Apple Inc. (AAPL), Meta Platforms Inc.(META), Microsoft Corp. (MSFT), Nvidia Corp.(NVDA) and Tesla Motors (TSLA).
SPREAD CO QUOTING HOURS
Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however, these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.
DIVIDEND ADJUSTMENTS
If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 100% of the dividend for long UK positions, 70% for long US positions and charges 100% for short UK and US positions.
Under IRS rule 871(m) to ensure non-US holders of US equity derivatives are charged as per physical asset holders. This is long payment is increased to 85% to the standard 15% withholding tax on Submission of a W-8BEN form for UK Clients due to existing tax treaty in place, other jurisdiction account holders will be charged 30%.
FINANCING
If you hold a long equity position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over the weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.
The adjustment is calculated below. Financing charges/credits are a function of four variables:
- Closing Price
- Financing Interest Rate
- Days to Finance
- Days in Financial Calendar Year (360 for USD & CHF or 365 for other) depending on the instrument
IMPORTANT NOTICE: In some circumstances short borrowing costs could be applied dependant on the ability of borrowing the share
Easy To Open An Account
Reliable Platform
With our platforms you can trade wherever you are – at home, in the office, or when you’re out and about.
0% financing on short index positions
Some companies will charge you to hold a short index position. At Spread Co we won’t.
Powerful Charting
Spread Co charts are powered by TradingView Inc.
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