Frequently Asked Questions


  • Q: Does ProSpreads vary the spread according to market conditions?
      A: No, we offer a fixed spread relative to the bid/offer of the underlying contract. We deal in the size quoted from the underlying market.
  • Q: How will I be classified?
      A: ProSpreads is directed by our regulator, The Financial Services Commission (FSC), to only accept customers who possess the experience, knowledge and expertise to make their own investment decisions and properly assess the risks they incur. This is the FSC definition of a customer who from a regulatory standpoint is classified as a "professional investor", as opposed to an "ordinary customer".
  • Q: Are client monies segregated?
      A: Yes. Client funds are held in a segregated account, separate from the activities of ProSpreads Limited.
  • Q: Is ProSpreads regulated by a Regulatory Body?
      A: Yes, ProSpreads Ltd is regulated by the Financial Services Commission, Suite 943, Europort, Gibraltar.
  • Q: How do I open an account to spread bet with ProSpreads?
      A: All you need to do is complete an application form, either online or in hard copy format. We require the original, complete with the necessary due diligence documents, to be returned to us. ProSpreads is only able to accept as a client those who it classifies as having sufficient experience of trading or betting in financial markets. The minimum balance to maintain an account is £1,000. When our Compliance officer is satisfied that the criteria to open an account is met, our support staff will contact you to assist you in downloading our software.
  • Q: What markets can I bet on?
      A: A full list of markets can be found under the “Spreads” tab on the Home page.
  • Q: Can I bet outside market hours?
      A: Yes, by prior arrangement. Contact the ProSpreads Dealers for more information.
  • Q: Is betting over Secure Socket Link (SSL) secure?
      A: Yes. ProSpreads uses software that utilizes highly sophisticated encryption.
  • Q: Can I bet over the telephone as well as SSL?
      A: Our primary focus is on electronic betting. However we appreciate that there are times when clients may only be able to telephone bets, and we have a dealing desk for this purpose. All calls are monitored and an additional £2 per lot will be charged for all telephone orders executed.
  • Q: Can ProSpreads dealers advise me on positions?
      A: No. We are unable to provide any investment advice and restrict our activities to execution only.
  • Q: What currency are bets denominated in?
      A: Bets are denominated in the currency of the underlying market security. Full lists of markets can be found in the market information sheets.
  • Q: How can I view my open bets and statement of account balance?
      A: ProSpreads will e-mail clients their daily statement. Alternatively all open bet positions can be viewed via the betting platform, or by calling our back office on + (350) 200 47314.
  • Q: Are my risks limited?
      A: No. Only speculate with money you can afford to lose. Spread betting trading typically requires the deposit of a small percentage of the total trade value. As the financial outcome is determined by the price movement on the total trade value, profits and losses can exceed the initial deposit. Make sure you fully understand the risks involved, and take advice if necessary. Spread betting may not be suitable for all customers.
  • Q: How are the margin requirements calculated?
      A: Margin requirements for our products are listed on our market information sheets.
  • Q: Will ProSpreads contact me for margin calls?
      A: ProSpreads will endeavour to contact its clients for more margins when the need arises; however, it is always the responsibility of the client to make sure they have enough free equity to hold their open positions. Should a client’s position prove untenable then liquidation or stop loss orders may be placed on the account to close positions automatically and in some cases prior to and therefore instead of the creation of any margin call notice. Clients must ensure that the telephone numbers supplied to ProSpreads are current and operative.
  • Q: Does ProSpreads charge commission on electronic betting?
      A: No. We derive our income from making a spread around the price of the underlying security.
  • Q: Do I need to pay any tax on any betting profits made with ProSpreads?
      A: ProSpreads has been granted a license by the Government of Gibraltar to conduct Spread Betting on financial instruments. Our license is specific to spread betting. In certain jurisdictions spread betting profits are tax free; customers should consult their relevant authorities in respect of personal taxation of betting gains.
  • Q: What is the minimum stake size?
      A: The minimum size for any bet is the equivalent of 1 lot in the underlying security for each spread bet product.

Spread betting carries a high risk to your capital, can be very volatile and prices may move rapidly against you. Only speculate with money you can afford to lose as you may lose more than your original deposit and be required to make further payments. Spread betting may not be suitable for all customers, so ensure you fully understand the risks involved and seek independent advice if necessary.


ProSpreads Limited, incorporated in Gibraltar, is a part of the group of companies controlled by London Capital Group Holdings plc, registered number: 05497744, registered address: 12 Appold Street, London EC2A 2AW. ProSpreads Limited is a company registered in Gibraltar under registered number 91368. Registered address: 2/3b Horse Barrack Lane, Gibraltar. ProSpreads Limited is licensed as a gaming company by the Government of Gibraltar (Gaming Licence No.28) and authorised and regulated by the Financial Services Commission (FSO98 Category 1 Authorisation No.FSC00824B)