Spread Betting
At Killik & Co we offer Spread Betting as part of our trading services. This means that, unlike most firms who simply offer the facility as an execution only service, ours comes with the ability to seek our advice before taking a position.
For those comfortable with the leveraged risk involved in Spread Betting it offers a flexible, lower cost and a potentially tax efficient* way to utilise a whole range of financial instruments including: equities, indices, foreign exchange and commodities.
As a leveraged product you only need to deposit a portion (usually 10%) of the value of the bet you are making. If the market moves with you, your wins could exceed your original stake by a multiplied margin. However, if the market moves against you, your losses could be magnified in a similar way and exceed your initial investment.
At Killik & Co we offer the ability to limit your exposure to potential losses through the use of stop losses and in certain circumstances, guaranteed stop losses. Our intention, as always, is to see our clients bet within their experience and means and we will advise accordingly.
Spread Betting as hedging
The ability to bet on markets going down (bet short) as well as up (bet long) means you can use Spread Betting to hedge your traditionally held shares portfolio. To understand the possibilities we suggest you talk to your personal Killik & Co Broker.
* Spread Betting is currently free of UK Capital Gains Tax and Stamp Duty, although this position could change.
Please note that a separate Client Agreement applies to our Trading Services/Spread Betting. For information about our charges please speak to your Broker.
Risk Factors
Both Spread Betting and CFD trading involve high risk and are therefore not suitable for every investor. Profits and losses can be many times your initial deposit. Please refer to our Contracts for Difference and Spread Betting brochures for more information on the benefits and risks.