Spread betting is maybe CFDs' closest relative in terms of investment products. They have a few essential technical and legal distinctions that must be drawn in order to better understand how each is utilized, but in practice, they serve the same purpose with only a few key differences.
While both are highly leveraged trading options, most investors consider them to be completely different, and there may be times where spread betting is better suited than CFDs, depending on the investment circumstances.
CFDs vs. Spread Betting: What's the Difference?
CFDs and spread betting are frequently compared because they share a number of essential characteristics, including the fact that they are both highly leveraged and, as a result, can return substantial sums from little market moves.
They may share certain practical parallels, but they also have significant variances. Spread betting carries a reputation for many professional traders, who regard it as little more than a form of gambling.
While this isn't strictly true, spread betting has nothing in common with underlying market prices, whereas CFDs are at least ostensibly exchanged on the basis of underlying prices.
While spread betting is considered an off-market transaction, CFDs are considered part of the market and are more of a financial transaction than spread betting. While there are certain differences in terms of functionality, both instruments are beneficial for investing in a variety of markets with high leveraged positions.
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