Risk warning: spread bets are leveraged products — most retail accounts lose money.
THE BASICS · CHAPTER ONE

What is spread betting — and why do most people lose at it?

A leveraged bet on market direction, free of stamp duty — and unforgiving of guesswork. Start with the mechanics, not the promises.

By the editorial team3 min readBegin reading →
START · CHAPTER 1 Or begin at chapter one →
ESSENTIALMargin: losing more than your stakeWhy the deposit is not the downside. ESSENTIALIs it really tax-free?The rule, the caveats, the small print.
THE CURRICULUM0 OF 23 READ
I.
The BasicsNine chapters · start here
BEGIN
II.
The CraftPractice, sizing, stops, charts, markets — 11 chapters
III.
The EdgePsychology, strategy, the plan — 3 chapters
“Never bet more than you can afford to lose.”THE RULE THAT OUTRANKS EVERY GUIDE
TOOLSPosition-size calculatorTurn “how much should I stake?” into arithmetic instead of instinct. TOOLSMargin calculatorSee the exposure behind the deposit before you open the ticket. REFERENCEThe glossary, A–ZFrom “after-hours” to “working order” — every term in plain English.
Position-size calculator→ Margin calculator→ Glossary A–Z→ How to choose a provider→