Tradu has unveiled a new spread betting service tailored for UK investors, offering a tax-efficient way to trade leveraged positions. This service allows traders to speculate on market movements without owning the underlying assets, with positions calculated in “£ per point” for clarity. Tradu’s unique Spread Tracker ensures competitive spreads compared to other market providers.
Simplifying Spread Betting
Spread betting with Tradu covers a wide range of markets, including indices, forex, shares, and commodities. The “£ per point” structure provides a straightforward approach for traders to assess their stakes, risks, and potential returns.
“At Tradu, we strive to make advanced trading tools accessible and beneficial, delivering some of the industry’s tightest spreads,” said Brendan Callan, CEO of Tradu.
Seamless Trading and Innovative Tools
Tradu offers flexible account management, allowing users to switch effortlessly between leveraged trading and stock investing. Its Spread Tracker tool, the first of its kind in the UK, gives traders daily comparisons of spreads on popular leveraged instruments. This empowers clients to make informed decisions and seize market opportunities confidently.
“Our platform combines tax advantages, clear profit-and-loss calculations, and a user-friendly trading experience, enabling investors to engage with global markets on their terms,” added Callan.
Additional Benefits for Traders
Tradu’s spread betting service offers several key advantages:
- Tax Efficiency: Profits are exempt from UK Capital Gains Tax and Stamp Duty.
- Competitive Spreads: Daily comparisons help traders secure tight spreads.
- Interest on Idle Funds: Traders can earn 4.5% interest on unused balances.
- Broad Market Access: Coverage includes major indices, forex pairs, stocks, and commodities.
- Customer Support: Comprehensive support to guide users.
Partnerships to Enhance the Experience
To elevate its platform, Tradu has partnered with Data Intellect, a global technology firm, for ongoing development and support. Additionally, integration with TradingView gives clients access to advanced charting tools for market analysis. Users can create custom templates, analyze trends, and trade directly within the Tradu system via TradingView, all with seamless single-sign-on access and no extra cost.
With its focus on simplicity, efficiency, and cutting-edge tools, Tradu aims to revolutionize the trading experience for UK investors.
