A Spread Bet Account with RPD FX gives you the ability to trade a variety of instruments in the form of a Spread Bet on the award winning MetaTrader 4 (MT4) platform.
MetaTrader provides the most sophisticated and extensive set of tools to trade financial instruments. With 1000’s of charting technical indicators, as well as the ability to install third party automated trading tools called expert advisors, there really is no other platform that can rival MetaTrader for providing traders with the tools required for success.
When trading a Spread Bet with RPD FX, 1 lot is the equivalent of £1 per point movement of the instruments price. This is unlike traditional FX trading where you either trade in a notional amount, such as 100,000 (1 lot) of a Base currency.
Trading in Pounds per point can make trading much simpler compared to traditional trading, particularly if you are looking to make a certain amount of profit for an expected price movement, or are looking to risk a certain amount of capital if the price moved a certain distance against your entry level.
Spread Bet accounts enable you to trade on all the same instruments that a traditional Forex/CFD account allows, and can also be tax free for UK customers*.
Spread Bet Markets
*Tax laws are subject to change, and depend upon your personal circumstances or if you pay tax in a jurisdiction outside of the UK.