Tradu has launched spread betting for UK-based investors. This new offering allows clients to engage in leveraged trading in a tax-efficient manner. Spread betting enables speculation on market movements without owning the underlying assets. Tradu’s Spread Tracker aims to offer tight spreads compared to competitors.

Spread bet positions are priced in “£ per point” terms. This structure helps clients understand their stakes, potential risks, and returns while trading across indices, forex, shares, and commodities.

Tradu Launches Spread Tracker for Trading

“At Tradu, we aim to make sophisticated trading straightforward and rewarding, and provide the tightest spreads in the industry,” Brendan Callan, CEO of Tradu, commented.

Tradu allows easy switching between leveraged trading and stock investments. Clients can move funds between accounts. The Spread Tracker tool supports traders in capitalizing on market opportunities.

“Our Spread Tracker, the first of its kind in the UK, and clear profit and loss calculations combined with an intuitive, flexible trading experience, empowers traders to confidently engage with global markets on their terms,” Callan added.

Traders Earn Interest on Unused Funds

According to the firm, key features include tight spreads, tax efficiency, interest earnings, leverage, broad market access, and customer support. Tradu’s Spread Tracker provides daily comparisons with competitors on popular leveraged instruments, aiming for consistently tight spreads.

Spread betting profits are exempt from UK Capital Gains Tax and Stamp Duty. Traders can earn 4.5% interest on unused funds in their Tradu accounts.

Tradu Partners with Data Intellect and TradingView

Meanwhile, Tradu has partnered with Data Intellect, a global data and technology company, to support the launch of its platform. Data Intellect will provide continuous development and support services, enhancing Tradu’s global user experience, as reported by Finance Magnates.

In addition, Tradu has also teamed up with TradingView, offering its clients access to TradingView’s advanced charting tools. This integration allows users to analyze markets, create custom templates, and trade directly through the TradingView interface within the Tradu CFD system, with single-sign-on access at no additional cost.

This article was written by Tareq Sikder at www.financemagnates.com.Retail FXRead More

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