Spread Betting In Spain

Spread Betting In Spain

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In relation to spread betting Sporting Index Ltd is authorised and regulated in the UK by the Financial Conduct Authority registration number 150404 which can be verified here . Please ensure you understand the risks with sports spread betting as it involves a high level of risk and you can lose more than your original stake. In relation to fixed-odds betting , Sporting Index Limited is licensed and regulated in the UK by the Gambling Commission under account number 27343 . Remember to bet safely. In relation to territories other than the UK and Republic of Ireland, please read our disclaimer .

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Please note: spread betting can result in losses greater than your initial deposit or credit limit. For more information see our Risk Disclosure Notice .

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A spread bet on Spanish football offers greater potential rewards for your sporting knowledge every time you ‘buy’ or ‘sell’. Whether you are spread betting on a football match’s Total Goals, Shirt Numbers, or Match Supremacy, a spread bet offers a thrill like no other. It’s a bet where winnings and losses are on a sliding scale, intrinsically linked to your own opinion and the live action. So enjoying betting with Sporting Index, the world leaders in sports spread betting.
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For clarification of any rulings, please refer to Individual Sports Rules (Football, Section N).
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Over 18s only

In relation to spread betting Sporting Index Ltd is authorised and regulated in the UK by the Financial Conduct Authority registration number 150404 which can be verified here . Please ensure you understand the risks with sports spread betting as it involves a high level of risk and you can lose more than your original stake. In relation to fixed-odds betting , Sporting Index Limited is licensed and regulated in the UK by the Gambling Commission under account number 27343 . Remember to bet safely. In relation to territories other than the UK and Republic of Ireland, please read our disclaimer .

© Sporting Index Ltd. All rights reserved. Sporting Index is a registered trademark. Content including pricing data on this website is protected by copyright and database rights and may not be reproduced, stored or transmitted in any form without a licence.

Sporting Index also encourage and support use of Gamcare and Be Gamble Aware

Sporting Index Ltd, St Martins Court, Second Floor, 10 Paternoster Row, London, EC4M 7HP, United Kingdom.

Please note: spread betting can result in losses greater than your initial deposit or credit limit. For more information see our Risk Disclosure Notice .

A spread bet on Spanish football offers greater potential rewards for your sporting knowledge every time you ‘buy’ or ‘sell’. Whether you are spread betting on a football match’s Total Goals, Shirt Numbers, or Match Supremacy, a spread bet offers a thrill like no other. It’s a bet where winnings and losses are on a sliding scale, intrinsically linked to your own opinion and the live action. So enjoying betting with Sporting Index, the world leaders in sports spread betting. Sporting Index Football Rules Apply.For clarification of any rulings, please refer to Individual Sports Rules (Football, Section N).Full terms & conditions can be found at:https://www.sportingindex.com/spreads-sports-betting-rules
Please log in or register to begin betting.
Please log in to view your open bets.

Spread betting FTSE 100 while European shares fall over Spain’s distress

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Spain’s major share index fell over in the untimely Friday morning’s trade with over 2 per cent at the same time with London falling as much as 1 per cent while Greece and Spain grew weary and concerns grew to new levels. In the current turn of events, investors with spread betting shares with major spread betting and CFD providers are heightening their senses on the European markets as the confidence of many of these investors are diminishing at the same time opening up probable revenues from the declining price shares in the stiff market.
The undulate effect the present crisis will sooner or later have drastic consequences not just in the European market but in Asian region as well. With the negative and debilitating economic crisis plaguing Greece at present with economic uncertainty also cornering Spain as well, the seemingly localised economic struggle for balance is slowly but surely finding its way in the Asian market as the so called ripple effect caught Tokyo’s Nikkei off-guard with shares falling average to 3 per cent, the largest by far in one day since August last year. Moreover, the Asian Markets similarly have made several losses in the Big Apple where the Dow Jones closed 1 per cent lower due to many investors being less confident following the two week statistics on the American economy the day prior.
With the Spanish Banks also under extreme pressure and uncertainty, the rating agency severed the credit evaluation of sixteen banks in Spain on last week’s Thursday in allude to the country’s crippling fall back into economic depression and appalling property loans as the two main reasons for the cutback in credit standing. Although Spain was able to regain its bank’s foothold on a more stable ground in investments and finances with reports citing improved financial capability and operations, many investors are still left stunned with doubts which majority opted in moving their money in German bonds that have lesser risks.
For investors looking for a break in their trade, with financial spread betting even in a falling market they can potentially profit from the falling share price depending on their spread betting and CFD providers. The definite act of spread betting is taking a position on the possible future prices in shares of the underlying market. For instance, when traders use the FTSE 100 to spread bet and depending on the spread betting provider whichever way the FTSE index will most likely fall, traders can choose to go short and sell and whichever point the market moves on the favourable side they will potentially net on profit.
Independent Investor is a news and educational portal covering latest events in the world of trading and investment. Information on this website is for informative purposes only. Between 74-89% of retail investor accounts lose money when trading CFDs, forex, and spread betting. You should consider whether you can afford to take the high risk of losing your money. Independent Investor offers an unbiased and independent broker comparison service, but we may receive compensation from the listed brokers.

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A: No financial spread betting is allowed on USA soil or offering towards USA residents unfortunately. You might want to check out Nadex.com though which offers binaries for people residing in the states. As for regulation the USA has the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). There is also FINRA which is the actual regulator for general securities business.
A: There's no problem in opening an account from Spain but the tax rules are pretty murky for those outside the UK. The first point is that spreadbetting doesn't exist in Spain and therefore you have to assume that it will be taxed like something that does. The question is 'what'? If it's gambling then I think that would be taxed like income i.e. up to 45%. Better hope that instead it's treated like futures and thus subject to capital gains rules. If the position is held for less than a year the gain would again be taxed like income. If the position is held for more than a year then the rate (from Jan 2007) is 18%.
So suppose you were trading currencies long term and rolling your positions every 3 months. If they were futures then the rolling would not be counted as a disposal and therefore you could take out your profits immediately, but leave the position open and delay the taxable event until you finally close it - that could be years. Better check with your local authorities as to what taxes will apply to you.
A: I believe that most reputable companies won't deal CFDs with US residents - although some dodgy ones might (note - NorthFinance is located in Cyprus and not regulated by any authority so use it at your own risk...) -:
And some others will allow trades from an offshore company owned by a US resident. For instance IG Markets states in its information pages:
Under existing US legislation, we are unable to enter into margin trading transactions with US residents.
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Spread Betting In Spain

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