The Forex market is the largest financial market in the world, with daily trading volumes regularly exceeding 1 trillion US dollars. Spread betting on foreign exchange allows you access to all the major currencies ( US Dollar, Sterling, Euro), and many of the minor currencies (Swiss Franc, Japanese Yen, South African Rand, Australian Dollar, New Zealand Dollar, Swedish Krona, Mexican Peso, Canadian Dollar) in the world.

You can take a bet on how any of these currencies will perform against any of the other ones, enabling you to isolate exactly which currency you think will be the best performer, and which the worst.

You can spread bet from as little as £1 per point movement and all your spread betting profits are tax-free*. Spread betting on foreign exchange with Cantor Index ensures you can trade in sterling and outside of normal trading hours.

Cantor Index offers an extensive range of foreign exchange markets for forward dates.

Example of a spread bet on Euro/Dollar

The Cantor Index quote on the December Euro/Dollar (€/$) is 12756 - 12764.

Opening bet: You think that the Euro will weaken against the Dollar so you sell £10 per point at 12756.

Your prediction turns out to be correct and after some time the Euro does weaken so you decide to close your bet.

The new Cantor Index quote is 12730 - 12738.

Closing bet: You buy £10 per point at the new offer price of 12738.

Total profit =	(12756 - 12738) x £10
	18 x £10
	£180

However if the Euro had strengthened against the Dollar and our new quote was 12772 - 12780, you would have made a loss.

Total loss =	(12756 - 12780) x £10
	-24 x £10
	-£240

For information on our markets, including spread and NTR factor, please visit the Market Information Sheets

*Tax law can change or may vary if you pay tax in a jurisdiction other than the UK.