The One Million Pound Spread Bet

Spread Betting
           
The One Million Pound Spread Bet


If you open a Live Paddypowertrader Account today you could win the opportunity to place a One Million Pound Spread Bet ‡.

One Million Pound Spread Bet – No Pressure

Just apply for a live Paddypowertrader account and once your application has been approved simply email millionpoundtrade@paddypower.com. You will then be automatically entered into the draw that takes place on Monday 13 December 2010 for the opportunity to place a One Million Pound Spread Bet.

One Million Pound Spread Bet – How does it work?

  1. You pick the market you want to trade: FTSE 100 or Dow Jones?

    1. With the FTSE you get to trade a £200 per point spread bet

    2. With the Dow Jones (Wall St) you get to trade a £100 per point spread bet

  2. You then choose whether you think the stock market index will go up or down

  3. Paddypowertrader will then place the £1 million trade for you

One Million Pound Spread Bet – How much!?

By making a £200 per point trade on the FTSE you are effectively holding a spread bet worth £1 million.

£200 per point x 5,500 points (the FTSE 100’s approximately value) = £1,100,000.

One Million Pound Spread Bet – What if I Lose?

If the trade finishes in a loss then you lose nothing.

‡ see the paddypowertrader website for full terms and conditions.


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Spread bets carry a high level of risk so you should only speculate with money you can afford to lose. Stop-losses are automatically allocated with each bet you make. All stops are not guaranteed. You can lose more than your initial deposit and stake. Before you open an account, please ensure you familiarise yourself with the risks involved and if necessary seek independent advice.

Content approved / provided by Paddypowertrader is a trading name of London Capital Group Ltd (LCG) which is a company registered in England and Wales under registered number: 3218125. LCG is authorised and regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW.


Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.

'The One Million Pound Spread Bet', Review by D. Jones, last update: 9-Dec-10



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Risk Warning - Spread betting carries a high level of risk to your capital & you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary & make sure spread betting meets your investment objectives.


The above information is correct at time of writing. The spreads quoted are for Rolling Daily markets and may vary out of hours. † Tax Law can change.

FinancialSpreads.com is a trading name of London Capital Group Ltd which is authorised & regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW. All information correct at time of publication.

   
Risk Warning: Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.

Disclaimer: Online-Spread-Betting.com does not endorse the information and analysis available on this site. It is provided purely for information purposes and is delivered as a personal view of the writer. Under no circumstances is the information hereon to be used or considered as, an offer to sell, or a solicitation of any offer to buy. The website content does not constitute investment advice and neither the individual contributor nor Online-Spread-Betting.com accepts any responsibility for any use that may be made of the content.

* Tax Free Trading: Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.

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