A ThinkMarkets Spread Betting account allows eligible United Kingdom residents to speculate on whether a market price will rise or fall without owning the underlying asset.
Who can open a Spread Betting account?
Spread Betting is available only to eligible UK residents.
Clients outside the UK cannot open a ThinkMarkets Spread Betting account, although they may be eligible for a CFD trading account.
Which platforms support Spread Betting?
Current internal Spread Betting documentation lists:
- ThinkTrader
- TradingView, through an eligible ThinkTrader Spread Betting account
- MetaTrader 4 (MT4)
What can I spread bet on?
Available markets can include:
- forex;
- indices;
- metals;
- commodities; and
- other supported instruments.
The Spread Betting product range is not necessarily identical to the CFD range.
Is there a minimum deposit?
There is no minimum deposit simply to open the account.
However, sufficient funds and margin are required before a trade can be opened.
How do I open a Spread Betting account?
Eligible UK residents can select Spread Betting during the account application process.
Existing clients may be able to create an additional eligible account through ThinkPortal.
Tax treatment depends on individual circumstances and UK tax law.
ThinkMarkets does not provide personal tax advice.