Spread Betting Offers FAQ
Spread betting can be difficult to understand at the best of times. And when there’s bonuses or offers involved the process seems to get even more complex. Below we have a list of the most frequently asked questions that we hear about spread betting and the spread betting offers provided on the site.
Spread Betting Offers
- How can I claim a bonus?
- What is the best spread betting offer?
- Do I need to deposit to claim a bonus offer?
- How do I know when I’ve qualified for a spread betting offer?
Different spread betting platforms have different requirements for claiming a bonus. Your first step in the process is to find the bonus offer that is most appropriate for you. Use our spread betting offer comparison page to find detailed instructions on how to claim your bonus for the platform in question.
The spread betting offers on this site are constantly changing every month. Large offers tend to be more difficult to claim as they require a larger initial deposit or more opening trades. The best spread betting offer is the one that suits the amount at which you’re willing to invest. Currently, the largest spread betting offer can be found on the Intertrader bonus page where you can receive up to £1,000.
Unfortunately it is very rare that we come across a spread betting offer that doesn’t require a deposit. If we do we’ll be sure to let you know!
Each spread betting platform has different rules for qualifying for an offer. Once you have read the offer comparison page you will be able to see what is required to claim your bonus. Your best bet is to contact the platform’s support team via email once you think you are ready to receive your offer.
Spread Betting
- Is spread betting risky?
- How much can I lose when spread betting?
- Is spread betting gambling?
Spread betting can be extremely risky especially when it is not fully understood. While depositing for bonuses and offers may sound highly attractive, we strongly advise that you familiarise yourself with stop losses and other risk management strategies.
While every platform will warn you of possible losses, it can never be made clear enough. You can lose more than your initial deposit when spread betting. When you open a position and realise losses that go beyond your bank balance you are under an obligation to pay back these losses. While you may have a large enough balance to meet the margin requirements, a bad trade with no stop loss is a sure fire way to end up in serious debt.
While for most spread betting is recreational, there are professional spread bettors who make a living from spread betting. Spread betting is not taxed and there are no transaction fees apart from the cost of the ‘spread’ – this makes spread betting a very viable option to experienced traders however there is a large portion of luck involved.