Tim Smith 2016年7月22日
點差交易使投資者和交易者無需擁有標的證券就能對資產價格方向進行投機。盈利或者虧損取決於投機者的預測，而不是固定幾率和事先已經確定收益或者虧損投資。
英國的點差交易
英國的點差交易集中受獨立監管機構FCA的監管。截止到2016年7月，居民還能享受點差交易稅務減免。由於其高風險，點差交易在美國、日本和澳大利亞是被禁止的。尋找大型點差交易的投資者可以考慮以下三個選擇。
IG Group Holdings PLC是英國的全球在線交易公司，成立於1974年，向零售和機構客戶提供股票、指數和外匯交易。截止到2016年7月，該公司市值為29.8億英鎊，約合39.6億美元。該公司是英國最大的點差交易提供商之一，占英國市場份額的41%並提供超過10000個市場的準入。該公司向客戶提供可以在多種設備上使用的尖端交易技術。
截止到2016年7月，主要產品的最低點差如下，歐元/美元貨幣對為0.8，FTSE 100指數為1，黃金為0.5。該公司贏得了2014年和2015年最佳點差交易提供商稱號。
CMC Markets PLC
CMC Markets PLC提供金融服務並且是一家大型的在線交易公司，為其客戶提供股票、指數、外匯和差價合約交易。截止到2016年7月該公司市值2.2058億英鎊，約合10.9億美元。CMC Markets是Peter Cruddas在1989年成立的。該公司通過其專有交易平台提供超過9500個市場的點差交易。
主要產品的最低點差分別是，歐元/美元貨幣對為0.7，UK 100 和Germany 30為1。截止到2016年7月最小的報價單位為1英鎊每點。該公司向現有和潛在客戶提供模擬賬戶和豐富的交易教學資料。CMC Markets 通過向客戶提供止損訂單實現風險管理。向進行大規模交易的客戶提供現金折扣。
City Index Group成立於1983年，是嘉盛的一家子公司。截止到2016年7月，其母公司市值為3.314美元。City Index Group提供在線點差、外匯和CFD產品。該公司提供超過12000個全球市場。
City Index 具有很強的價格競争力，提供最小點差為1點的UK 100 和Germany 30指數，然而，其歐元/美元貨幣對的最小點差為1，是三家公司中最高的。City Index要求的最小報價單位為0.25英鎊每點。該公司向所有水平的交易者提供教學視頻，並通過免費交易論壇和在線研讨會增強學習。點差交易可以在該公司的桌面或者網頁平台進行。City Index同時也提供iPhone、安卓和Windows系統手機設備的點差交易應用程序。
The 3 Biggest Spread-Betting Companies in the U.K. (CMCX, GCAP)
By Tim Smith | July 22, 2016 — 3:00 PM EDT
Spread betting enables investors and traders to speculate on the direction of an asset’s price without owning the underlying security. The profit or loss is determined by the degree to which a spread bettor predicts an outcome, as opposed to a fixed-odds bet where there is a win/loss outcome and a predetermined payout or loss.
Spread Betting in the United Kingdom
Spread betting is concentrated in the United Kingdom and is regulated by the Financial Conduct Authority (FCA), an independent regulatory body. As of July 2016, United Kingdom citizens are offered spread betting tax concessions. Spread betting is prohibited in the United States, Japan and Australia due to its high level of risk. Investors and traders who are looking for a large spread-betting company may want to explore the following three options.
IG Group Holdings PLC
IG Group Holdings PLC (OTC: IGGHY) is a U.K.-based global online trading company founded in 1974, providing retail and institutional customers access to stocks, commodities, indexes and foreign exchange (forex). As of July 2016, it has a market capitalization of £2.98 billion, or $3.96 billion. The company is a leading provider of spread betting in the United Kingdom, commanding 41% of the market share and offering access to over 10,000 markets. Customers are provided with cutting-edge trading technologies that can be used on multiple devices.
IG Group Holdings PLC
As of July 2016, minimum spreads for popular products are 0.8 of a point for the euro/U.S. dollar (EUR/USD), 1 point for the FTSE 100, 0.5 point for spot gold and 0.1% per spread side for U.K. and U.S. stocks. The minimum stake size is £0.50 per point. The company won the What Investment Readers' Awards for best spread-betting provider in 2014 and 2015.
CMC Markets PLC
CMC Markets PLC (LON: CMCX) provides financial services and is a leading online trading company, acting as principal and market maker to its clients for stocks, indexes, forex and contracts for differences (CFDs). The company has a market capitalization of £820.58 million, or $1.09 billion as of July 2016. CMC Markets was founded by Peter Cruddas in 1989. The company provides spread-betting access to over 9,500 markets through its proprietary trading platform.
Minimum spreads for popular products are 0.7 of a point for the EUR/USD and USD/JPY, and 1 point for the UK 100 and Germany 30. The minimum stake size is £1 per point as of July 2016. The company offers a demo account for both potential and existing customers as well as extensive trading educational material. CMC Markets facilitates risk management by providing customers with trailing and guaranteed stop-loss orders. Cash rebates are offered to customers who spread bet high volumes.
City Index Group
City Index Group, founded in 1983, is a subsidiary of GAIN Capital Holdings Inc. (NYSE: GCAP). As of July 2016, the parent company has a market capitalization of $331.4 million. City Index provides access to online spread betting, forex and CFDs. The company offers exposure to approximately 12,000 global markets, the most of the three spread-betting companies listed.
City Index Group
City Index is competitive in terms of pricing, offering a minimum spread of 1 point for both the UK 100 and Germany 30; however, the minimum spread for the EUR/USD is 1 point, the highest of the three companies. City Index requires a minimum stake size of £0.25 per point. The company provides educational videos for traders at all levels; the learning process is enhanced with free training seminars and webinars. Spread betting can be executed on the company’s desktop or web-based trading platforms. City Index also has spread betting applications for iPhone, Android and Windows devices.
本文翻譯由兄弟財經提供
文章來源：http://www.investopedia.com/articles/investing/072216/3-biggest-spreadbetting-companies-uk-cmcx-gcap.asp