Spread betting is similar to futures trading. It is regulated by the Securities and Futures Authority (SFA). The SFA is the British equivalent of the American CFTC (Commodity Futures Trading Commission) and SEC (Securities and Exchange Commission) rolled into one.
Spread betting is not one market. It is a style of trading that applies to many markets. Spread bettors can use trend following to trade shares, metals, oil, currencies, etc.
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