A major advantage of financial Spread Betting is the lower costs, as opposed to traditional share trading.
Not only are spread bets traded on margin, thus requiring a fraction of the full cost to open a position, but also the minimum amount to place a bet is £1.
DF Markets imposes no minimum requirements for opening a trading account. In fact, you can start trading with whatever amount you feel comfortable with. This way, you can test your trading strategies without the need to invest a large amount of money. In any case, your funds are protected according to the rules imposed by the Financial Services Compensation Scheme (FSCS) - up to £50,000. DF Markets participates in this fund in order to ensure the maximum protection of clients’ money.
There are no commission charges on foreign exchange, precious metals, index, and commodity transactions on the DFTrader platform. Commission charges do apply for equity trades (Shares and ETFs).
The commissions associated with CFD trading in shares and ETFs are lower than those paid for trading on a stock exchange. For example, if you purchased Share CFDs of HSBC Holdings valued at, say, £3,000, you would pay a commission of only 0.10%, or £3 (the commission for trades above €10,000 is 0.05% of the trade value). Because the margin requirement is 5%, you would be required to have only £150 in your account to open that position.