White Label Spread Betting Platform
Fintechee provides a White Label Spread Betting Platform (Spread Betting White Label) based on the Spread Betting API (FIX API). Our platform integrates with Liquidity Providers that support Financial Spread Betting.
Spread Betting is a feature offered by Fintechee’s WEB Trader. This means our white label now supports Spread Betting. Brokers using our white label can enable this trading feature for their clients by setting up the Fintechee backend.
What is Spread Betting?
Spread betting involves speculating on the direction of a financial market (such as Forex, CFD, Stock markets) without owning the underlying security. Fintechee’s white label spread betting platform quotes two prices, the bid and ask price (spread), allowing traders to bet on whether the price of the underlying security will be lower than the bid or higher than the ask. Traders do not own the underlying security; they simply speculate on its price movement.
Traders can choose the amount they want to risk on their bet. Spread betting is promoted as a tax-free, commission-free activity, enabling speculation in both bull and bear markets.
Formula
Spread betting is a leveraged product similar to Forex margin trading. Traders only need to deposit a small percentage of the position’s value. For example, if a position’s value is $50,000 with a margin requirement of 10%, only a $5,000 deposit is needed. This magnifies both gains and losses, allowing traders to potentially lose more than their initial investment.
Margin
Margin = Bet size(Bet per pip) x Pip number of the specific instrument / Leverage
For instance, if we bet 0.0001 Bitcoin per pip on EUR/USD with a price of 1.13005, then with 100 leverage, the margin would be 0.0001 x 113005 / 100 = 0.113005 BTC.
Profit or Loss
- Long:
PL = Bet size(Bet per pip) x Pip number of the difference between the Close Price and the Open Price
- Short:
PL = Bet size(Bet per pip) x Pip number of the difference between the Open Price and the Close Price
For example, going long and betting 0.0001 Bitcoin per pip on EUR/USD, with the market moving from 1.13005 to 1.13015, would result in a profit of 0.0001 x (113015 - 113005) = 0.001 BTC.
Who We Cooperate with?
Please check the materials below to know how we can work with you:
