Gain full exposure to a market while only putting down a fraction of the cost. Your profit or loss is based on the full value of the position, so you could gain or lose more than your initial outlay.
Spread betting – Tax Free
Speculate on the direction the price of an asset will move, with profit or loss determined by how far the market goes. Profits are tax free and there’s no stamp duty to pay.
Contracts for difference (CFDs) enable you to open a contract for the difference between the opening and closing price of an asset, with no stamp duty on your returns. You do pay UK CGT but losses can be offset against tax