GBP/USD price

There's no cost when opening a live spread betting or CFD account. You can also view prices and use tools such as charts, Reuters news or Morningstar quantitative equity reports, free of charge. However, you will need to deposit funds in your account to place a trade. You can find out more about the costs of placing a trade. You can find out more about the costs of placing a trade here.

CMC Markets Germany GmbH is a company authorised and regulated by the German Federal Financial Supervisory Authority (BaFin). CMC Markets complies with the requirements of §84 of the German Securities Trading Act (WpHG) regarding client funds

CMC Markets Germany GmbH is a broker regulated by the German Federal Financial Supervisory Authority (BaFin). It holds funds of private clients separately from its own funds in separate bank accounts. In the unlikely event that CMC Markets Germany GmbH is unable to meet its financial obligations, the EdW would cover any claim for damages by claimants up to EUR 20,000, provided that certain criteria are met.

Our income primarily comes from our spreads, while other fees, such as overnight holding costs, make a minor contribution to our overall revenue.We never aim to profit from our clients' losses. Our aim is to build long-term relationships by providing the best possible trading experience through our technology and customer service.

With your CMC Markets account, you gain access to over 12,000 instruments via spread betting and CFD trading. An overview of our range of markets can be found here.

Find out how to open a spread betting account and start trading with us in our complete guide to spread betting. Learn about our account opening process, trading platform, funding your account and more. Not sure if spread betting is right for you? Read our spread betting for beginners guide to learn more.

Spread betting on shares differs from the traditional investment approach of buying and owning shares. One difference is that when spread betting on shares you can utilise leverage, which means you only need to put up a percentage of the full value of the trade. This means any profit or loss you make is magnified, relative to a share's price fluctuations. Read more about spread betting versus share trading.

Spread betting's unique benefit is that it's exempt from both capital gains tax and stamp duty⁷. When compared to conventional share trading and CFD trading, spread betting is the only trading product to offer tax-free trading in the UK and Ireland. Learn about the advantages of spread betting.

When spread betting, it's important to understand the risks associated with financial trading in general, as well as the risks that are specific to spread betting. The main risks associated with spread betting relate to trading with leverage, account close-out, market volatility and market gapping. Read an overview of the risks of spread betting.

Contracts for Difference ("CFDs") are derivative products that allow you to trade on the price movement of underlying financial assets (such as commodities, currencies, indices, cryptocurrencies, shares, ETFs and government bonds). The trading result of a CFD (profit or loss) is calculated from the difference between the entry and exit price. With CFDs you have the opportunity to move more capital on the markets than with a direct investment in an underlying asset using the same amount of capital. Furthermore, with CFDs you can trade on both rising and falling prices of different underlyings.

CFDs give you access to a wide range of international markets at peak and off-peak times. Trade numerous products with leverage via your trading account - conveniently from the road or at home. Leverage amplies gains and losses equally.

Spread betting and CFD trading are margined products and can provide similar economic benefits to investments in shares, indices, commodities and currencies. View our article on spread betting versus CFD trading to find out which product is more suited to your trading needs.