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Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)
Spread betting allows you to speculate on the price movements of an asset without owning it. With Taurex, you enjoy benefits like no currency conversion fees when trading assets such as US stocks, tax-free profits, and the security of FCA regulated (entity/broker)and negative balance protection. Simply predict and place a bet on whether the price will rise or fall, with your gains or losses determined by the accuracy of your prediction.
Spread betting is a leveraged product. That means to open a position, traders only need to deposit a small percentage – called the margin – of the full value of the spread bet. While this enables you to open larger positions with a smaller initial outlay, it also means that both gains and losses can be increased. Therefore, it's important to manage your risk effectively.
When you engage in spread betting with Taurex, we quote two prices: the bid price and the ask price.
You predict whether the price of the underlying asset will increase or decrease.
You then place a bet with a specific stake per point movement of the asset.
As the price moves, you will gain or lose multiples of your stake for each point it shifts.
Spread betting and CFD trading are similar trading products, offering many of the same benefits. Both involve leveraged trading, allowing you to speculate on price movements of an underlying asset without owning it. Leverage can amplify both gains and risks, so managing your risk is crucial. A key difference between CFDs and Spread Betting is how they are treated for taxes.
Spread betting with Taurex offers traders a range of benefits, including:
It’s easy to trade with Taurex. Just follow these simple steps.
Register for a Taurex trading account
Add funds to your trading account
Access the markets and start trading
* Keep in mind, tax laws can differ depending on your location. The information here applies to UK residents only and may vary from case to case. You should seek independent tax advice.
Taurex supports a wide variety of local and global payment methods and currencies, making it easy to fund your account.
Taurex is the trading name of Zenfinex Global Limited, Stochastic Africa SL Ltd, and Zenfinex Global LLC.
Zenfinex Global Limited is registered in the Republic of Seychelles with registration number: 8428731-1 and is regulated by the Financial Services Authority of Seychelles (license number SD092). Its registered office address is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.
Stochastic Africa (SL) Limited, trading as Taurex, is a company registered in Sierra Leone with Company Number: SL270319STOCH05271 and is licensed by the Bank of Sierra Leone under license number BSL/SAL/2023 and with the registered office at 148D Wilkinson Road, Freetown, Sierra Leone.
Zenfinex Global LLC is a company registered with the Financial Services Authority in Saint Vincent and the Grenadines under registered number 138 LLC 2019. Its registered office is Hinds Building, Kingstown, Saint Vincent and the Grenadines.
Risk Warning: Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. You should carefully consider your investment objectives, level of experience, and risk tolerance before deciding to trade in financial instruments that may be on margin. It is your responsibility to ensure that you fully understand the risks involved and seek independent advice if necessary.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any trading activity or engaging in copy trading. Nothing in this site should be read or construed as constituting advice on the part of Taurex or any of its affiliates, directors, officers or employees.
ZFN Europe Ltd is a company registered in Cyprus under registered number HE 411334. Its registered office is Naxou 1, First Floor, Flat/Office 103 Strovolos, 2043, Nicosia , Cyprus. It acts as a service provider to the group.
Clients must be at least 18 years old to use Taurex’s services.
Residence: The information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Belgium, Japan or any particular country and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Taurex is the trading name of Zenfinex Global Limited, registered in the Republic of Seychelles.
Registered Office Address: F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.
Regulated by the Financial Services Authority under license number: SD092
Registration No: 8428731-1
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Copyright © 2024 Taurex. All rights reserved.
tradetaurex.com is required to abide by global laws and therefore the information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Myanmar, Belgium, Spain, France, Japan, South Korea or any particular countries and is not intended for distribution to, or use by, any person in an country or jurisdiction where such distribution or use would be contrary to local law or regulation.