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Spreadex launches its new CFD service

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Spreadex now offers CFD trades on thousands of shares, indices, forex, commodities, bonds and interest rate markets to complement its existing financial spread betting service.

It means new sign-ups to Spreadex can access financial and sports spread betting, CFD trading, financial and sports fixed odds betting and casino betting all from one account.

Bear in mind that existing Spreadex customers will need to open a separate CFD account to access the CFD trading service.

Spreadex spokesman Andy MacKenzie said: “This gives investors added flexibility in their trading and also opens up different tax options as losses in CFD trading are currently liable to tax relief, whereas they are not in spread betting.”

Spreadex has been named Best Spread Betting Provider for Customer Service four times in the Investment Trends Awards and was named Best Spread Betting Provider in the 2016 City of London Wealth Management Awards.

Next steps

If you would like to find out more about them, check out The Armchair Trader’s Spreadex profile which details everything you’ll need to know – alongside our own opinion on the broker.

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This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

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