Using spread betting in Australia, Australian traders can speculate on financial markets such as forex, indices, commodities, and stocks without having to purchase the underlying asset. Australia Spread betting is a popular derivative product that allows Australian spread betting traders to speculate instead, on whether they believe the spread betting price will climb or decline in the near future.
Australia spread betting is leveraged, which means you'll utilise a little deposit (known as margin) to build a greater position than Australia traders would normall be able too. Just keep in mind that because both Australia losses and gains are computed on the full position size, Australian traders total losses and earnings could exceed their initial Australia deposits. Australia spread betting is tax-free because Australian traders are not acquiring ownership of the underlying asset.
π€΄ IC Markets is Used By: 180,000
β‘ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
π΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
π΅ Instruments Available with IC Markets: 232
π IC Markets Inactivity Fees: No
π° IC Markets Withdrawal Fees: No
π° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
IC Markets Risk warning : Losses can exceed deposits
π€΄ AvaTrade is Used By: 200,000
β‘ AvaTrade is Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
π΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
π΅ Instruments Available with AvaTrade: 1000
π AvaTrade Inactivity Fees: No
π° AvaTrade Withdrawal Fees: No
π° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
AvaTrade Risk warning : 71% of retail CFD accounts lose money
π€΄ FP Markets is Used By: 10,000
β‘ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)
π΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
π΅ Instruments Available with FP Markets: 100
π FP Markets Inactivity Fees: No
π° FP Markets Withdrawal Fees: No
π° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
FP Markets Risk warning : Losses can exceed deposits
π€΄ NordFX is Used By: 10,000
β‘ NordFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
π΅ What You Can Trade with NordFX: Forex, Majors, Metals,
π΅ Instruments Available with NordFX: 50
π NordFX Inactivity Fees: No
π° NordFX Withdrawal Fees: No
π° NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
NordFX Risk warning : Losses can exceed deposits
π€΄ Pepperstone is Used By: 89,000
β‘ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
π΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
π΅ Instruments Available with Pepperstone: 100
π Pepperstone Inactivity Fees: Yes
π° Pepperstone Withdrawal Fees: No
π° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
π€΄ XM is Used By: 10,000,000
β‘ XM is Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
π΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
π΅ Instruments Available with XM: 1000
π XM Inactivity Fees: Yes
π° XM Withdrawal Fees: No
π° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor
accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford
to take the high risk of losing your money.
π€΄ eToro is Used By: 20,000,000
β‘ eToro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
π΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
π΅ Instruments Available with eToro: 2000
π eToro Inactivity Fees: Yes
π° eToro Withdrawal Fees: Yes
π° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.
π€΄ easyMarkets is Used By: 142,500
β‘ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
π΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
π΅ Instruments Available with easyMarkets: 200
π easyMarkets Inactivity Fees: No
π° easyMarkets Withdrawal Fees: No
π° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
easyMarkets Risk warning : Your capital is at risk
π€΄ Trading 212 is Used By: 15,000,000
β‘ Trading 212 is Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
π΅ What You Can Trade with Trading 212: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
π΅ Instruments Available with Trading 212: 10000
π Trading 212 Inactivity Fees: No
π° Trading 212 Withdrawal Fees: No
π° Trading 212 Payment Methods: Credit cards, MasterCard, VISA, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Dotpay, Carte Bleue, Direct eBanking, Apple Pay, Google Pay, iDeal, Giropay,
Trading 212 Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
π€΄ SpreadEx is Used By: 10,000
β‘ SpreadEx is Regulated by: Financial Conduct Authority (FCA)
π΅ What You Can Trade with SpreadEx: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds, Options, Treasuries,
π΅ Instruments Available with SpreadEx: 15000
π SpreadEx Inactivity Fees: No
π° SpreadEx Withdrawal Fees: 0, minimum £50
π° SpreadEx Payment Methods: Credit cards, VISA, Switch, Maestro, Debit cards, Bank Transfer, Payoneer,
SpreadEx Risk warning : Losses can exceed deposits
π€΄ Admiral Markets is Used By: 10,000
β‘ Admiral Markets is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Jordan Securities Commission (JSC)
π΅ What You Can Trade with Admiral Markets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
π΅ Instruments Available with Admiral Markets: 148
π Admiral Markets Inactivity Fees: No
π° Admiral Markets Withdrawal Fees: No
π° Admiral Markets Payment Methods: Credit cards, Visa, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, SOFORT, Safety Pay, Przelewy, iDEAL, Klarna,
Admiral Markets Risk warning : Losses can exceed deposits
π€΄ ThinkMarkets is Used By: 500,000
β‘ ThinkMarkets is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060
π΅ What You Can Trade with ThinkMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
π΅ Instruments Available with ThinkMarkets: 1500
π ThinkMarkets Inactivity Fees: Yes
π° ThinkMarkets Withdrawal Fees: No
π° ThinkMarkets Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay,
ThinkMarkets Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
π€΄ HYCM is Used By: 10,000
β‘ HYCM is Regulated by: Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
π΅ What You Can Trade with HYCM: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, Energies, Metals, Agriculturals,
π΅ Instruments Available with HYCM: 100
π HYCM Inactivity Fees: Yes
π° HYCM Withdrawal Fees: No
π° HYCM Payment Methods: Credit cards, Debit cards, Bank Transfer, PayPal, WebMoney, Payoneer,
HYCM Risk warning : Losses can exceed deposits
π€΄ Axi is Used By: 10,000
β‘ Axi is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Service Authority of St. Vincent and the Grenadines (FSA)
π΅ What You Can Trade with Axi: Forex, Minors, Cryptocurrencies, Majors, Exotics,
π΅ Instruments Available with Axi: 100
π Axi Inactivity Fees: No
π° Axi Withdrawal Fees: No
π° Axi Payment Methods: Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer,
Axi Risk warning : Losses can exceed deposits
π€΄ Swissquote is Used By: 300,000
β‘ Swissquote is Regulated by: Swiss Financial Market Supervisory Authority (FINMA), Commission de Surveillance du Secteur Financier (CSSF), Financial Conduct Authority, Dubai Financial Services Authority (DFSA), Hong Kong Securities and Futures Commission (SFC), Monetary Authority of Singapore (MAS)
π΅ What You Can Trade with Swissquote: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Bonds,
π΅ Instruments Available with Swissquote: 100
π Swissquote Inactivity Fees: No
π° Swissquote Withdrawal Fees: $10
π° Swissquote Payment Methods: Credit cards, Debit cards, Bank Transfer, Payoneer,
Swissquote Risk warning : Losses can exceed deposits
π€΄ Markets.com is Used By: 4,000,000
β‘ Markets.com is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC)
π΅ What You Can Trade with Markets.com: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, Bonds,
π΅ Instruments Available with Markets.com: 2200
π Markets.com Inactivity Fees: Yes
π° Markets.com Withdrawal Fees: No
π° Markets.com Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Skrill, Neteller, PayPal,
Markets.com Risk warning : 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
π€΄ Eightcap is Used By: 10,000
β‘ Eightcap is Regulated by: Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC)
π΅ What You Can Trade with Eightcap: Forex, Minors, Majors, Exotics, Indices, Energies, Metals,
π΅ Instruments Available with Eightcap: 100
π Eightcap Inactivity Fees: No
π° Eightcap Withdrawal Fees: Yes
π° Eightcap Payment Methods: Credit cards, Debit cards, Bank Transfer, POLi, UnionPay, Payoneer,
Eightcap Risk warning : Losses can exceed deposits
π€΄ FxPro is Used By: 1,866,000
β‘ FxPro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
π΅ What You Can Trade with FxPro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals,
π΅ Instruments Available with FxPro: 430
π FxPro Inactivity Fees: Yes
π° FxPro Withdrawal Fees: No
π° FxPro Payment Methods: Bank, Wire Transfers, Credit cards, Debit Cards, Visa, Maestro, MasterCard, American Express, eWallets, PayPal, Skrill, Neteller, UnionPay
FxPro Risk warning : 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
π€΄ ForTrade is Used By: 1,000,000
β‘ ForTrade is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Investment Industry Regulatory Organization of Canada (IIROC), National Bank of the Republic of Belarus (NBRB)
π΅ What You Can Trade with ForTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Bonds,
π΅ Instruments Available with ForTrade: 100
π ForTrade Inactivity Fees:
π° ForTrade Withdrawal Fees: No
π° ForTrade Payment Methods: Credit cards, Debit cards, Bank Transfer, PayPal, Neteller, Payoneer,
ForTrade Risk warning : Your capital is at risk
π€΄ ForexMart is Used By: 10,000
β‘ ForexMart is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
π΅ What You Can Trade with ForexMart: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
π΅ Instruments Available with ForexMart: 111
π ForexMart Inactivity Fees: No
π° ForexMart Withdrawal Fees: 5
π° ForexMart Payment Methods: Bank Transfer, Visa, MasterCard, Skrill, Neteller, PayCo, fasaPay, Qiwi, Union Pay, AliPay,
ForexMart Risk warning : Your capital is at risk
In order to take a position on the underlying market price of an asset, Australia spread betting must follow the value of the asset. Spread betting does not require Australian spread bettors to take ownership of the asset. Australia spread betting allows you to trade short and long positions while leveraging and margining your account.
Australia spread betting platforms, which are not to be confused with traditional Australia gambling markets, allow you to trade financial instruments such as gold, currencies, stocks, and oil using leverage, which is basically high risk borrowed money from the Australia spread betting platform. It is necessary to correctly estimate whether the value of a financial instrument will rise or decline in order to make money. Australia spread betting platform spread betting differs from forms of gambling in that you will not be obliged to pay any capital gains tax on your profits.
Spread betting is high risk for Australian traders. Without the use of a stop loss position, losses can be quick and limitless. Because of the geared nature of Australia spread betting, market movements are magnified and volatility is increased. The fact that a loss can occur does not mean that it can be offset against a Australian spread betting investors capital gains on subsequent investments, as is the case with stock purchases.
You can open a Australia position in spread betting utilising margin, which allows you to do so by merely investing a proportion of the total value of the position. Therefore, your Australia losses will be magnified, and you may end up losing your entire Australia investment portfolio. Australia Profits and losses are calculated as a percentage of the total value of your stake.
On Australia spread betting platforms, the difference between two prices, rates, or yields is referred to as the spread. The spread, according to one of the most accepted definitions, is the difference between the bid and ask prices of a security or asset. This is referred to as the bid-ask spread or simply the price difference on Australia spread betting platforms.
Australia speculative betting on the price changes of an underlying asset without actually owning the underlying instrument is known as spread betting. Australia Contracts for difference (CFDs) are high risk leveraged trades that follow the value of an underlying instrument and pay out in accordance with the value of an agreed instrument. A Australia CFD trade is a speculative trade between the Australian spread bettor and the Australia spread betting platform. With both spread betting and CFD trading no underlying financial assets are brought or sold.
Because you do not acquire ownership of the underlying assets when you trade them, you do not have to pay stamp duty on any of these products.
In the case of Australia share trading, you will truly be the owner of the asset, share, or stock you are trading in. Australia spread betting is a financial instrument in which you do not own any underlying stocks or other financial assets. Speculating on the up or down movement of an underlying financial instrument is the sole purpose of Australia spread betting. Speculating on the up or down movement of an underlying financial instrument is the sole purpose of Australia spread betting.
Australia Forex spread betting is the act of placing a speculative buy or sell trade on the movement of the price of two different currencies. Typically, a Australia spread betting platform that offers currency spread betting will present two prices: a bid and an ask.
The spread is the difference between the purchase and sell prices expressed in points of difference (pips). In order to accomplish so, you must remove the bid price from the ask price. Consider the following example: if you're trading the GBP/USD at 2.6041/2.6045, the spread is 0.0004 percent (4 pips).
When you place a spread bet on a Australia spread betting platform, there will be no commission fee paid. This is due to the fact that the cost of executing your transaction is reflected into the spread calculation with your Australia spread betting broker. Other Australia fees and charges may apply to your spread bets, depending on how long you choose to keep your position open and how much money you invest on your Australia spread betting platform.
Only trade with reputable Australia spread betting platforms that are well financially regulated. You can check a Australia spread betting platforms financial regulation by searching for their name on your regulators website. Australia spread betting platforms who are authorised and licensed to offer spread betting services to Australian traders provide a particular level of security for their Australian clients funds. All Australia spread betting platforms must separate Australian client funds segregated from the companys own funds. This is incase your Australia spread betting platform goes bankrupt, your Australian funds should be separate and you have some recourse through your financial regulator.
The margin requirements for Australia spread betting vary from one Australia spread betting platform to the next and are typically determined by the underlying assets that are exchanged in the contract. It is computed as a percentage of the value of the underlying asset and can range from 2 percent to 50% depending on the liquidity and volatility of the financial market that is being speculated on.
Good customer support from your Australia spread betting platform is an essential part of a successful trading strategy. If for any reason you have an issue with the Australia spread betting platform trading tools, funding methods, withdrawal methods, you will need these issues resolved quickly. Australian spread betting traders should check for live chat, email, and phone support options from their Australia spread betting platforms.
If Australia spread bets are placed correctly, spread betting may result in a good amount of profit. Only a tiny fraction of traders are actually successful, while the vast majority of Australia spread bet traders are unsuccessful. Spread betting is high risk and is only for experienced Australian traders.
Australia spread bets are exempt from Capital Gains Tax. Tax regulations may differ depending on your status and are subject to change. Australia spread bets are not tax deductible, which means that any losses cannot be used to offset other types of Australia capital gains. Please consult a Australia tax professional for clarification.
Spread betting is legal in Australia and is available to Australian residents.
Despite the fact that it is considered gambling by the Australia government, many Australian spread betting platform traders benefit from trading in a manner similar to CFD trading and take advantage of the fact that any profits are tax-free. Spread betting is very high risk, so is highly regulated by Australia financial regulators.
IC Markets is the best Australia spread betting platform.
Once you have short listed your chosen regulated Australia spread betting platforms, you will want to open a demo or live spread betting trading account.
To open a live Australia spreading betting account the broker will require you to register and verify your identification.
For this you will need to provide the Australia spread betting platform with your Full Name, Home Address, Date Of Birth, Proof Of ID and Australia Telephone number.
Only trade with Australia regulated spread betting platforms. As part of your Australia spread betting platforms regulatory requirements you will need to pass what is know as Know Your Customer or KYC. This involved Australian spread betting platform traders to provide proof of Australia residence and ID. Valid Australia proof of ID can be a Australia passport or valid Australia drivers license and a recent upto 3 month old utility bill which has your full name and address on it.
to Trade on a live spread betting platform in Australia, you will need to fund and make a deposit to your account. There are many funding methods for Australia spread betting platforms including, Credit cards, Debit Cards, Bank Transfers, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, and cryptocurrency like Bitcoin and Ethereum.
Modern Australia spread betting platforms have a wide range of live market data, technical analysis tools that allow Australia traders to spot trends and opportunities in spread betting financial markets. You will need to take the time to understand and analysis spread betting trading charts. Most importantly Australia spread betting platform tools allow Australian spread betting traders to plan and perform risk management and use risk management tools when placing buy and sell spreadbet orders.
You should be able to quickly access and perform analysis on spread betting stocks, currency, crypto, commodity, ETF and CFD financial markets on your chosem Australia spread betting platform.
Once you have thoroughly conducted your research, and are ready to place a spread betting buy or sell order on your Australia spread betting platform.
To place your spreadbet, click on the 'buy' or'sell' option on the trading dashboard of your Australia spread betting trading platform screen. Australia Spread betting platforms function on the basis of 'points' or pips with each point representing a different unit of an asset in the spread betting financial markets. Consider the following example: if you bet 1 [currency] per point, your profit or loss will increase or decrease by 1 [currency] for each point the asset rises or falls in value by. Before executing any Australia trades make sure you set and use risk management tools like stop loss orders or limit orders. This will help to limit loss in times spread betting market volatility. When you are ready confirm your buy or sell spread betting order on your chosen Australia spread betting platform and it will be executed straight away.
Modern spread betting platforms in Australia have seen huge growth over the last year.
Which ever Australia spread betting platform your decide upon, You will need to make sure you pay any required tax on your profits. When using Australia spread betting trading platforms and trading using a spread betting facility, you should be able to keep 100 percent of your trading profits. But you will need to check this with a Australia tax professional.
When shortlisting the best Australia spread betting platforms, pay attention to criteria such as the number of supported spread betting markets, commissions and spreads, the minimum trade requirements, and very importantly check your Australia spread betting platform is very well financially regulated and are licensed and allowed to serve Australian spread betting traders.
If spread betting using spread betting leverage on a Australia spread betting platform make sure you understand the risks. Trading using leverage when spread betting is very high risk. Trading using CFD trades are only for Australian experienced traders. With CFD trading you may lose more than your exposure to the financial markets.
If Australia isnβt quite what you are looking for you can check out some of the best Australia alternatives below.
If you would like to see Australia compared against some of the best Australia Spread Betting Platform alternatives available right now you can do so by clicking on the links below.