Financial Spread Betting is an easy, tax-efficient alternative to traditional share investment. You can make a profit by using your own judgement and knowledge to predict whether the price of a contract is going to go up or down, and trading on this movement. Because you don't actually buy the underlying asset (such as the share) there are a number of valuable benefits to trading in this way:
Learn more about Financial Spread Betting
No Capital Gains Tax or Stamp Duty – The profit that you make is currently free from Irish Capital Gains Tax and Income Tax..*
Profit from falling as well as rising markets – Your trading options are increased significantly because you can also make a profit when prices fall – you can choose to “sell” or go short if you think this is how the price will move.(Click here to see an example of how profits can be made on rising and falling markets)
Low Cost – The only cost that you need to bear in mind is the cost of the spread (typically between 0.2% and 0.6% of the transaction value) - compare this to conventional share buying where you pay dealing charges, commission and stamp duty.
| |
Buying Shares |
Spread Betting |
| CGT on gains |
(18%) |
0% |
| Leverage |
None |
up to 60 times |
| Types of Contracts |
Shares |
Shares, Forex, Indices & Commodities |
| Stamp Duty |
Yes |
No |
| FX Risk |
Yes |
No |
Leverage – A deposit of just €10,000 in your Delta Index account means you can make trades with an equivalent value of approximately €70,000 of Irish/UK shares or €500,000 of currencies. So if you want to make big trades you don’t need to tie up your valuable resources and can use your capital efficiently. Keep in mind, however, that leverage magnifies the potential for both gains and losses. (Click here to learn more about Margin and Leverage)
No Foreign Exchange Risk – You can trade on a multitude of instruments quoted on various exchanges around the world and your profits will always remain in your account's base currency - Euro/Pound Sterling giving you peace of mind over exchange rate fluctuations.
Automatic Orders – You can leave an instruction with us to close a position at a certain pre-specified profit or loss. This allows you to follow an exact trading strategy by being able to plan entry and exit points even before entering into a position. While orders are not guaranteed on standard accounts, you can also sign up for a Controlled Risk Account where all orders are guaranteed in return for wider spreads.
We’re here to help – Our team are here from 7.00am to 9.15pm and whilst we do not offer advice on any given contract, we will help you make decisions about your overall strategy. (Click here to learn more about our award winning team).
Trading Strategies & Opinions – Every Friday we send our clients our analysts’ view of the week’s market news and upcoming market movers in order to keep you up to date.
Charting – Making a trading decision often involves researching the historic movement of prices. We provide our clients with free real time charts on all contracts including the facilities to draw trend lines and to calculate moving averages.
Simulator – Should you wish to practise trading without risking any money you can do so by signing up for a trading simulator account on www.deltaindexsimulator.com. Here you can put on trades, set orders and close deals without risking real money.
* tax laws subject to change. Investors are solely responsible for tax reporting to their domestic authority.