Discover interest rate trading on the world’s No.1 platform.1 Learn how to take a position on the future short-term (quarterly) direction of a range of global interest rates and the UK bank rate.
Choose from a broad selection of global and UK money markets
Back your judgement on future changes in short-term interest rates
Hedge against other investments affected by interest rates, like mortgage repayments
Interest rate derivatives are financial products used for trading that ‘derive’ their underlying value from the interest rate. With them, you can speculate on the short-term interest rate in the UK or global rates, going long or short for a profit or loss.
With us, you can trade interest rate futures with both spread betting and CFD accounts.
Let’s look at the features of spread bets and CFDs – how they’re similar and how they differ:
*Spread betting and CFD trading involves high risk. That’s because leverage can magnify both your profits and your losses as they’ll be based on the full exposure to the trade, not just the initial margin deposit required to open it. This means losses as well as profits could far outweigh your margin, so always ensure you’re trading within your means.
Spread betting | Normal CFD contract | |
---|---|---|
SONIA (3-month) | 1 | 1 |
Australian 3-Day Interbank Rate | 1 | 1 |
Euribor (3-month) | 1 | 1 |
Eurodollar (3-month) | 1.6 | 1.6 |
With spread betting, you’ll bet per point that the market moves. As the cost of the trade is encompassed in the spread, you’ll pay no commission* charges either.
*Other fees may apply
With CFDs, the difference in the underlying interest rate’s price from when you opened your position versus when you’ve closed it determines your profit – or loss. CFDs are free from stamp duty in the UK and you’ll be charged in the spread, so you’ll pay no commission charges.2
*Demo accounts are only available for spread betting and CFD trading.
Enjoy flexible access to 15,000+ global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
With 50 years of experience, we’re proud to offer a truly market-leading service
*Demo accounts are only available for spread betting and CFD trading.
Enjoy flexible access to 15,000+ global markets, with reliable execution
Trade on the move with our natively designed, award-winning trading app
With 50 years of experience, we’re proud to offer a truly market-leading service
Take control of your trading with our clean deal tickets, clear price charts and in-platform news and analysis.
Trade indices opportunities wherever you are and receive trading alerts and signals on the go via email, SMS or push notification.
its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
*Demo accounts are only available for spread betting and CFD trading.
its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
*Demo accounts are only available for spread betting and CFD trading.
its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
Our technology is engineered for speed, stability and better prices
Our margins are among the lowest in the CFD and spread betting industryOur margins are among the lowest in the CFD and spread betting industry
See how we’ve been changing the face of trading for more than 45 years
1 Awarded Best financial app and Best multi-platform provider at the ADVFN International Financial Awards 2024.
2 Other fees may apply