Adam Rosen - Lead financial writer
Using spread betting in USA, American traders can speculate on financial markets such as forex, indices, commodities, and stocks without having to purchase the underlying asset. USA Spread betting is a popular derivative product that allows American spread betting traders to speculate instead, on whether they believe the spread betting price will climb or decline in the near future.
USA spread betting is leveraged, which means you'll utilise a little deposit (known as margin) to build a greater position than USA traders would normall be able too. Just keep in mind that because both USA losses and gains are computed on the full position size, American traders total losses and earnings could exceed their initial USA deposits. USA spread betting is tax-free because American traders are not acquiring ownership of the underlying asset.
🤴 eToro is Used By: 20,000,000
⚡ 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)
💵 What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
💵 Instruments Available with eToro: 2000
📈 eToro Inactivity Fees: Yes
💰 eToro Withdrawal Fees: Yes
💰 eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
eToro Risk warning : 76% of retail investor accounts lose money when trading CFDs with this provider.
🤴 ForexMart is Used By: 10,000
⚡ ForexMart is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
💵 What You Can Trade with ForexMart: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
💵 Instruments Available with ForexMart: 111
📈 ForexMart Inactivity Fees: No
💰 ForexMart Withdrawal Fees: 5
💰 ForexMart Payment Methods: Bank Transfer, Visa, MasterCard, Skrill, Neteller, PayCo, fasaPay, Qiwi, Union Pay, AliPay,
ForexMart Risk warning : Your capital is at risk
🤴 ATFX Global Markets is Used By: 10,000
⚡ ATFX Global Markets is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
💵 What You Can Trade with ATFX Global Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
💵 Instruments Available with ATFX Global Markets: 57
📈 ATFX Global Markets Inactivity Fees: No
💰 ATFX Global Markets Withdrawal Fees: 0
💰 ATFX Global Markets Payment Methods: Credit cards, Bank Transfer, American Express, MasterCard,
ATFX Global Markets Risk warning : Your capital is at risk
🤴 SpeedTrader is Used By: 10,000
⚡ SpeedTrader is Regulated by: Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC)
💵 What You Can Trade with SpeedTrader: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with SpeedTrader: 207
📈 SpeedTrader Inactivity Fees:
💰 SpeedTrader Withdrawal Fees: varies
💰 SpeedTrader Payment Methods: Credit cards, Skrill, Neteller,
SpeedTrader Risk warning : Your capital is at risk
🤴 FX Next is Used By: 10,000
⚡ FX Next is Regulated by: Unregulated
💵 What You Can Trade with FX Next: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with FX Next: 118
📈 FX Next Inactivity Fees:
💰 FX Next Withdrawal Fees: varies
💰 FX Next Payment Methods: Bank Transfer, Credit cards, Bitcoin payments,
FX Next Risk warning : Your capital is at risk
🤴 SoFi Invest is Used By: 10,000
⚡ SoFi Invest is Regulated by: Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
💵 What You Can Trade with SoFi Invest: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with SoFi Invest: 204
📈 SoFi Invest Inactivity Fees: No
💰 SoFi Invest Withdrawal Fees: No
💰 SoFi Invest Payment Methods: Bank Transfer,
SoFi Invest Risk warning : Your capital is at risk
🤴 FX Private is Used By: 10,000
⚡ FX Private is Regulated by: Securities and Exchange Board of India (SEBI)
💵 What You Can Trade with FX Private: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with FX Private: 119
📈 FX Private Inactivity Fees:
💰 FX Private Withdrawal Fees: $100
💰 FX Private Payment Methods: Credit cards, Skrill, Neteller,
FX Private Risk warning : Your capital is at risk
🤴 Sharekhan is Used By: 1,500,000
⚡ Sharekhan is Regulated by: Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
💵 What You Can Trade with Sharekhan: Indian Exchange-Listed Stocks and ETFs, Options Contracts for Indian Exchange-Listed Stocks and ETFs
💵 Instruments Available with Sharekhan: 5000
📈 Sharekhan Inactivity Fees: No
💰 Sharekhan Withdrawal Fees: No
💰 Sharekhan Payment Methods: Credit cards, Bank Transfer, PayPal, Debit cards,
Sharekhan Risk warning : Your capital is at risk
🤴 Selftrade is Used By: 10,000
⚡ Selftrade is Regulated by: Financial Conduct Authority (FCA)
💵 What You Can Trade with Selftrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with Selftrade: 202
📈 Selftrade Inactivity Fees:
💰 Selftrade Withdrawal Fees: varies
💰 Selftrade Payment Methods: Credit cards, Skrill, Neteller,
Selftrade Risk warning : Your capital is at risk
🤴 Global Prime is Used By: 10,000
⚡ Global Prime is Regulated by: Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL),
💵 What You Can Trade with Global Prime: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with Global Prime: 128
📈 Global Prime Inactivity Fees:
💰 Global Prime Withdrawal Fees: varies
💰 Global Prime Payment Methods: Credit cards, Debit cards, Skrill, Neteller, Bank Transfer, Union pay,
Global Prime Risk warning : Your capital is at risk
🤴 Scotia iTrade is Used By: 10,000
⚡ Scotia iTrade is Regulated by: Investment Industry Regulatory Organization of Canada (IIROC)
💵 What You Can Trade with Scotia iTrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with Scotia iTrade: 201
📈 Scotia iTrade Inactivity Fees:
💰 Scotia iTrade Withdrawal Fees: varies
💰 Scotia iTrade Payment Methods: Credit cards, PayPal, Skrill, Neteller,
Scotia iTrade Risk warning : Your capital is at risk
🤴 Grand Capital is Used By: 10,000
⚡ Grand Capital is Regulated by: Financial Commission (FinaCom)
💵 What You Can Trade with Grand Capital: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
💵 Instruments Available with Grand Capital: 129
📈 Grand Capital Inactivity Fees:
💰 Grand Capital Withdrawal Fees: No
💰 Grand Capital Payment Methods: Credit cards, Skrill, Neteller,
Grand Capital Risk warning : Your capital is at risk
🤴 Shaw and Partners Limited is Used By: 10,000
⚡ Shaw and Partners Limited is Regulated by: Unregulated
💵 What You Can Trade with Shaw and Partners Limited: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with Shaw and Partners Limited: 203
📈 Shaw and Partners Limited Inactivity Fees:
💰 Shaw and Partners Limited Withdrawal Fees: varies
💰 Shaw and Partners Limited Payment Methods: Credit cards, PayPal,
Shaw and Partners Limited Risk warning : Your capital is at risk
🤴 SogoTrade is Used By: 10,000
⚡ SogoTrade is Regulated by: Financial Industry Regulatory Authority (FINRA)
💵 What You Can Trade with SogoTrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with SogoTrade: 205
📈 SogoTrade Inactivity Fees: Yes
💰 SogoTrade Withdrawal Fees: No
💰 SogoTrade Payment Methods: Credit cards, Skrill, Neteller, Bank Transfer,
SogoTrade Risk warning : Your capital is at risk
🤴 FreshForex is Used By: 10,000
⚡ FreshForex is Regulated by: Commission for the regulation of relations on the financial market (KROUFR), The Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN)
💵 What You Can Trade with FreshForex: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with FreshForex: 116
📈 FreshForex Inactivity Fees:
💰 FreshForex Withdrawal Fees: 5$
💰 FreshForex Payment Methods: Visa, Mastercard, Webmoney, Skrill, Neteller, Cryptocurrences, Internet Banking, Mobile Payments,
FreshForex Risk warning : Your capital is at risk
🤴 Forexite is Used By: 10,000
⚡ Forexite is Regulated by: Belize's International Financial Services Commission (IFSC)
💵 What You Can Trade with Forexite: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
💵 Instruments Available with Forexite: 110
📈 Forexite Inactivity Fees:
💰 Forexite Withdrawal Fees: varies
💰 Forexite Payment Methods: Bank Transfer, Credit cards, Skrill, Neteller,
Forexite Risk warning : Your capital is at risk
🤴 Forex.com is Used By: 150,000
⚡ Forex.com is Regulated by: Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
💵 What You Can Trade with Forex.com: Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, ETFs, IPO,
💵 Instruments Available with Forex.com: 4500
📈 Forex.com Inactivity Fees: Yes
💰 Forex.com Withdrawal Fees: No
💰 Forex.com Payment Methods: Bank Transfer, Credit cards, Debit cards, Electronic wallets (eWallets), PayPal, Cheques or Checks, eChecks, Union Pay,
Forex.com Risk warning : 74% of retail investor accounts lose money when trading CFDs with this provider
🤴 Forest Park FX is Used By: 10,000
⚡ Forest Park FX is Regulated by: Financial Conduct Authority (FCA)
💵 What You Can Trade with Forest Park FX: Forex, Majors, Indices, Energies, Metals, Agriculturals,
💵 Instruments Available with Forest Park FX: 102
📈 Forest Park FX Inactivity Fees:
💰 Forest Park FX Withdrawal Fees: 0.025
💰 Forest Park FX Payment Methods: Paypal or Skrill, Credit cards, Debit cardss, Bank wire, Electronic wallets (eWallets),
Forest Park FX Risk warning : Your capital is at risk
🤴 State One Stockbroking Limited is Used By: 10,000
⚡ State One Stockbroking Limited is Regulated by: Unregulated
💵 What You Can Trade with State One Stockbroking Limited: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with State One Stockbroking Limited: 208
📈 State One Stockbroking Limited Inactivity Fees:
💰 State One Stockbroking Limited Withdrawal Fees: varies
💰 State One Stockbroking Limited Payment Methods: Credit cards, PayPal, Skrill,
State One Stockbroking Limited Risk warning : Your capital is at risk
🤴 STForex is Used By: 10,000
⚡ STForex is Regulated by: Financial Commission (FinaCom)
💵 What You Can Trade with STForex: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with STForex: 209
📈 STForex Inactivity Fees:
💰 STForex Withdrawal Fees: varies
💰 STForex Payment Methods: PayPal, Skrill, Neteller, Bank Transfer,
STForex Risk warning : Your capital is at risk
In order to take a position on the underlying market price of an asset, USA spread betting must follow the value of the asset. Spread betting does not require American spread bettors to take ownership of the asset. USA spread betting allows you to trade short and long positions while leveraging and margining your account.
USA spread betting platforms, which are not to be confused with traditional USA 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 USA 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. USA 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 American traders. Without the use of a stop loss position, losses can be quick and limitless. Because of the geared nature of USA 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 American spread betting investors capital gains on subsequent investments, as is the case with stock purchases.
You can open a USA 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 USA losses will be magnified, and you may end up losing your entire USA investment portfolio. USA Profits and losses are calculated as a percentage of the total value of your stake.
On USA 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 USA spread betting platforms.
USA speculative betting on the price changes of an underlying asset without actually owning the underlying instrument is known as spread betting. USA 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 USA CFD trade is a speculative trade between the American spread bettor and the USA 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 USA share trading, you will truly be the owner of the asset, share, or stock you are trading in. USA 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 USA spread betting. Speculating on the up or down movement of an underlying financial instrument is the sole purpose of USA spread betting.
USA 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 USA 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 USA 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 USA spread betting broker. Other USA 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 USA spread betting platform.
Only trade with reputable USA spread betting platforms that are well financially regulated. You can check a USA spread betting platforms financial regulation by searching for their name on your regulators website. USA spread betting platforms who are authorised and licensed to offer spread betting services to American traders provide a particular level of security for their American clients funds. All USA spread betting platforms must separate American client funds segregated from the companys own funds. This is incase your USA spread betting platform goes bankrupt, your American funds should be separate and you have some recourse through your financial regulator.
The margin requirements for USA spread betting vary from one USA 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 USA spread betting platform is an essential part of a successful trading strategy. If for any reason you have an issue with the USA spread betting platform trading tools, funding methods, withdrawal methods, you will need these issues resolved quickly. American spread betting traders should check for live chat, email, and phone support options from their USA spread betting platforms.
If USA 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 USA spread bet traders are unsuccessful. Spread betting is high risk and is only for experienced American traders.
USA spread bets are exempt from Capital Gains Tax. Tax regulations may differ depending on your status and are subject to change. USA spread bets are not tax deductible, which means that any losses cannot be used to offset other types of USA capital gains. Please consult a USA tax professional for clarification.
Spread betting is legal in USA and is available to American residents.
Despite the fact that it is considered gambling by the USA government, many American 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 USA financial regulators.
IC Markets is the best USA spread betting platform.
Once you have short listed your chosen regulated USA spread betting platforms, you will want to open a demo or live spread betting trading account.
To open a live USA spreading betting account the broker will require you to register and verify your identification.
For this you will need to provide the USA spread betting platform with your Full Name, Home Address, Date Of Birth, Proof Of ID and USA Telephone number.
Only trade with USA regulated spread betting platforms. As part of your USA spread betting platforms regulatory requirements you will need to pass what is know as Know Your Customer or KYC. This involved American spread betting platform traders to provide proof of USA residence and ID. Valid USA proof of ID can be a USA passport or valid USA 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 USA, you will need to fund and make a deposit to your account. There are many funding methods for USA spread betting platforms including, Credit cards, Debit Cards, Bank Transfers, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, and cryptocurrency like Bitcoin and Ethereum.
Modern USA spread betting platforms have a wide range of live market data, technical analysis tools that allow USA 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 USA spread betting platform tools allow American 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 USA spread betting platform.
Once you have thoroughly conducted your research, and are ready to place a spread betting buy or sell order on your USA spread betting platform.
To place your spreadbet, click on the 'buy' or'sell' option on the trading dashboard of your USA spread betting trading platform screen. USA 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 USA 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 USA spread betting platform and it will be executed straight away.
Modern spread betting platforms in USA have seen huge growth over the last year.
Which ever USA spread betting platform your decide upon, You will need to make sure you pay any required tax on your profits. When using USA 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 USA tax professional.
When shortlisting the best USA 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 USA spread betting platform is very well financially regulated and are licensed and allowed to serve American spread betting traders.
If spread betting using spread betting leverage on a USA 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 American experienced traders. With CFD trading you may lose more than your exposure to the financial markets.
If USA isn’t quite what you are looking for you can check out some of the best USA alternatives below.
If you would like to see USA compared against some of the best USA Spread Betting Platform alternatives available right now you can do so by clicking on the links below.