Tradu has launched a spread betting service, offering UK-based investors an accessible, tax-efficient way to engage in leveraged trading. Spread betting with Tradu enables investors to seamlessly speculate on market movements without owning the underlying assets, creating an intuitive and flexible trading experience.
Powered by Tradu’s Spread Tracker, the first dynamic spread tracking tool in the UK, the platform aims to deliver the tightest spreads amongst competitors.
The Spread Tracker exclusively monitors brokers that are either publicly listed or owned by a publicly listed firm. The current comparison set consists of IG, CMC, City Index and Tradu. The Spread Tracker utilises the default spread profile for each broker in the comparison set.
Tradu prices spread bet positions in straightforward “£ per point” terms. This makes it easier for clients to understand how much they are staking and their potential risks and returns as they trade across indices, forex, shares, and commodities.
Spread betting profits are also exempt from UK Capital Gains Tax and Stamp Duty, providing traders with a clear tax advantage.
Managed spread bets and stocks on the same platform
Traders also have flexibility to manage their trading and investment strategies seamlessly. They can switch between leveraged trading and stock investments on a single platform, moving funds between accounts with ease. Combined with cutting-edge tools like the Spread Tracker, Tradu empowers traders to make the most of every market opportunity.
Tradu’s Spread Tracker provides daily, transparent comparisons of its performance against competitors on popular leveraged instruments, ensuring consistently tight spreads.
Spread betting profits are exempt from UK Capital Gains Tax and Stamp Duty, providing traders with a clear tax advantage.
Traders can earn 4.5% interest on unused funds in their Tradu account (minimum £2000 cash held on account). Tradu users can also maximise their trading positions with minimal capital outlay, unlocking the potential for higher returns while enabling strategic risk management.
With financial spread betting, investors can trade a wide range of global markets without the need to own the underlying assets, enabling greater flexibility and diversification.
Tradu’s global customer support team, fluent in over two dozen languages, provides round-the-clock assistance five days a week, with a typical response time of under one minute.
Brendan Callan, CEO of Tradu, said:
“Introducing spread betting to our sophisticated trading platform provides UK investors with a competitive, tax-efficient solution that’s as accessible as it is powerful. At Tradu, we aim to make sophisticated trading straightforward and rewarding, and provide the tightest spreads in the industry. Our Spread Tracker, the first of its kind in the UK, and clear profit and loss calculations combined with an intuitive, flexible trading experience, empowers traders to confidently engage with global markets on their terms.”
Tradu combines deep market access, state-of-the-art technology, decades of trading expertise and institutional-level pricing to offer an innovative platform that active traders and investors deserve. Investors can trade a range of assets on both a leveraged and unleveraged basis, with competitive and transparent pricing and personalised support with capable and accessible, human customer service.
Kourosh Khanloo, Director of Corporate Strategy at Tradu, added:
“This launch highlights Tradu’s commitment to serving serious traders with the tools they need for success. Our spread betting offering not only provides a tax-friendly advantage but reinforces Tradu’s role as a premier multi-asset trading platform tailored for ambitious, sophisticated investors.”
