IC Markets
3:09
2:39
2:10
2:18
3:43
8:42
Spread Betting vs CFDs in the UK
3:04 · 8 chapters · Forex lessons, part 118
What you'll learn
Same price, same 30:1 cap, very different tax: spread bet wins sit outside CGT for most individuals, but only CFD losses can offset other gains.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- Why spread bets and CFDs share the same 30:1 cap and FCA protections
- Key point 2
- Why spread bet winnings are outside CGT for most individuals, while CFD gains above £3,000 are taxed
- Key point 3
- Worked examples: £2,000 and £10,000 profit years
- Key point 4
- How a CFD loss can offset other gains, and why a spread betting loss cannot
- Key point 5
- £ per point vs lots, costs and overnight funding
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.