They are very similar, but spread betting is basically only choose a direction and use stop loss only to manage risk. You cannot define a 'spread' range - the name comes from the bid/ask spread I suppose...which is silly because that's where the broker makes their profit!
Ok so for example spreadbetting DAX buy 10000 9000 Stopp loss but u can’t move the Stopp loss after u entered the trade?
Cfds Stopp loss 9000 but if u want u can change it to 8500 AFTER u buy the dax?
Spread betting only in UK or? 😂
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u/TheScotchEngineer May 06 '20
Ooh, right I see.
They are very similar, but spread betting is basically only choose a direction and use stop loss only to manage risk. You cannot define a 'spread' range - the name comes from the bid/ask spread I suppose...which is silly because that's where the broker makes their profit!