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Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)

Spread Betting with Taurex

Go long or short on a wide range of instruments

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What is Spread Betting?

Spread betting allows you to speculate on the price movements of an asset without owning it. With Taurex, you enjoy benefits like no currency conversion fees when trading assets such as US stocks, tax-free profits, and the security of FCA regulated (entity/broker)and negative balance protection. Simply predict and place a bet on whether the price will rise or fall, with your gains or losses determined by the accuracy of your prediction.

Leverage & Margin

Spread betting is a leveraged product. That means to open a position, traders only need to deposit a small percentage – called the margin – of the full value of the spread bet. While this enables you to open larger positions with a smaller initial outlay, it also means that both gains and losses can be increased. Therefore, it's important to manage your risk effectively.

Spread Betting Explained

When you engage in spread betting  with Taurex, we quote two prices: the bid price and the ask price.

You predict whether the price of the underlying asset will increase or decrease.

You then place a bet with a specific stake per point movement of the asset.

As the price moves, you will gain or lose multiples of your stake for each point it shifts.

Spread Betting vs CFDs

Spread betting and CFD trading are similar trading products, offering many of the same benefits. Both involve leveraged trading, allowing you to speculate on price movements of an underlying asset without owning it. Leverage can amplify both gains and risks, so managing your risk is crucial. A key difference between CFDs and Spread Betting is how they are treated for taxes.

For a more detailed explanation, visit our Spread Betting vs CFDs page.

Why Choose Taurex for Spread Betting?

Spread betting with Taurex offers traders a range of benefits, including:

Commission-free​

Competitive spreads​

Negative balance protection

Access to leverage

Tax-free profits*

FCA-regulated​

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Ready to Start Spread Betting?

It’s easy to trade with Taurex. Just follow these simple steps.

01

Open Account

Register for a Taurex trading account

02

Deposit Funds

Add funds to your trading account

03

Start Spread Betting

Access the markets and start trading

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Spread Betting FAQs

How are spread bets taxed?
In the U.K., spread bets are tax-free, which means traders don’t pay the capital gains tax on profits.
What does margin mean in spread betting?
Margin is the amount of money a trader needs to have in their account to open a leveraged position.
What is leverage in spread betting?
Leverage is when traders use a smaller amount of capital to gain exposure to larger trading positions.
What does “going long” and “going short” mean in spread betting?
Traders go long when they bet that an asset's price will rise, while going short denotes betting that the asset's price will decrease.
What can I spread bet on with Taurex?
Taurex lets you spread bet on a wide range of financial instruments, including forex, indices, commodities, metals, shares and more.
How does spread betting work?
Spread betting involves choosing an asset to trade, deciding whether to go long (betting the price will rise) or short (betting the price will fall), selecting a stake size (amount risked per point movement), and understanding the spread (the difference between the buy and sell price). Profits or losses are determined by the difference between the asset's opening and closing values, multiplied by the stake size.
What are the risks of spread betting?
As with all trading, spread betting involves risk. Some of the main risks involved with spread betting include the use of  leverage, which can increase profits or magnify losses, potential market volatility, where a sudden price movement can result in a significant loss, and the lack of control over the underlying asset.
What are the advantages of spread betting?
Some of the advantages of spread betting include the use of leverage, which allows traders to magnify their profits and losses by trading on margin, tax-free profits in the U.K., flexibility and access to a wide range of markets.
What is spread betting?
Spread betting is a way for traders to speculate on the price movement of financial instruments including forex, shares, commodities, metals and more.

* Keep in mind, tax laws can differ depending on your location. The information here applies to UK residents only and may vary from case to case. You should seek independent tax advice.

Flexible
Funding Options

Taurex supports a wide variety of local and global payment methods and currencies, making it easy to fund your account.

Disclaimer

Taurex is the trading name of Zenfinex Global Limited. Zenfinex Global Limited is part of a group of affiliated companies operating in multiple jurisdictions.

In the Seychelles, Taurex is the trading name of Zenfinex Global Limited, regulated by the Financial Services Authority in Seychelles (license number SD092). Its registered office address is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.

Zenfinex Global Limited is the issuer and seller of the financial products described or available on this website.

In the United Kingdom, Taurex is the trading name of Zenfinex Limited.  Zenfinex Limited is a company registered in England and Wales under registered number: 11077380. Authorised and regulated by the Financial Conduct Authority under firm reference number 816055. Its registered office is 4th Floor, 4 Eastcheap, London, EC3M 1AE, United Kingdom.

Risk Warning: Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. You should carefully consider your investment objectives, level of experience, and risk tolerance before deciding to trade in financial instruments that may be on margin. It is your responsibility to ensure that you fully understand the risks involved and seek independent advice if necessary.

You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any trading activity or engaging in copy trading. Nothing in this site should be read or construed as constituting advice on the part of Taurex or any of its affiliates, directors, officers or employees.

Clients must be at least 18 years old to use Taurex’s services.

Residence: The information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Belgium, Japan or any particular country and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Taurex is the trading name of Zenfinex Global Limited, registered in the Republic of Seychelles.

Registered Office Address: F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.

Regulated by the Financial Services Authority under license number: SD092

Registration No: 8428731-1

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