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Does anyone here have a spread betting account?

Does anyone here have a spread betting account?

I'm only asking because I currently have pretty much zero earnings so don't know if i'm allowed to have one!

Comments

  • mug51
    mug51 Posts: 366 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I believe anyone can open them, they are just like bookmakers.

    I am worried about the way you say you have zero earnings, you CAN lose more than you have in your account, so you can come out with a huge debt depending on how you trades have turned out and how much you put on each tic. I personally would not do it.
  • barginboyrob
    barginboyrob Posts: 727 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    thanks for the reply,

    i know you can lose more then you put in, but i think in some cases, you can have an account where you deposit a set amount of money, e.g.£200 and cannot lose less then that
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