Summary

  1. Find your market
  2. Open the trade ticket
  3. Enter your stake and opt to 'buy' or 'sell'
  4. Execute your trade in milliseconds
  5. Monitor or edit your position at any time.

How to Place a Spread Bet

Finding Your Market

Once you have logged in to your Spreadex account, select the market on which you want to place a trade by using the left-hand menu or the search facility.

Remember, you can create your own Watchlists of your favourite markets to speed up this process for future visits.

Screenshot 1

Open the Trade Ticket

Hit the 'Trade' button next to the market you wish to trade. Alternatively click the 'Chart' icon to view the market's chart, 'binocular' icon to add the market to a watchlist or 'Order' button to place an order to open.

We also offer One-Click Dealing for more advanced traders.

Screenshot 2

Enter Your Stake

On the trade ticket, enter your stake per point. The margin required to place the trade will be shown at the bottom of the ticket. You can also add a stop or a limit order and guarantee your stop if you wish.

There is also an option to Force Open a position, allowing you to open a buy and sell trade on the same market. 

Spread betting allows you to short (sell) the market, to profit from falling as well as rising markets. Click "buy" or "sell" to choose the direction of your trade. 

Screenshot 3

EXECUTE TRADE

Most trades will be executed in milliseconds, faster than many other traditional ways of trading.

As soon as it has been accepted you will see a trade confirmation ticket which states the level at which you bought or sold, your stake size and any stop or limit order you placed. There is also a trade ID for your reference. Hit 'OK' to close this screen.

Screenshot 4

Monitor Position

View your position by clicking 'Open Positions' at the bottom of the left-hand menu. Your trade will close either at expiry, if your stop or limit order is hit or if you close it via the 'Close' button. You can also edit your trade via the 'Edit' button.

Screenshot 5 Smaller

Quiz Question

Question 1

Which of the following does not close an open position?

Correct - The answer is a. Binoculars button in the financial open positions tab.

The binoculars icon allows you to add markets to a watchlist, to allow for faster execution and monitoring.

 

Incorrect - Please try again.

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How to Place an Order to Open

An order to open allows you to nominate a price level at which you would like a trade to open. Learn how to place an order to open on our platform.

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