White Label Spread Betting Platform ~

WEB Trader Get it on Google Play
  • Post by Fintechee
  • Jul 11, 2020
Fintechee: Spread betting is now supported as a feature by Fintechee WEB trader

Fintechee offers White Label Spread Betting Platform based on Spread Betting API(FIX API). We have Liquidity Providers that support Financial Spread Betting.

Spread Betting is a feature that Fintechee WEB Trader provides. That means our white label supports Spread Betting now. By setting up the backend of Fintechee, the brokers that have our white label can provide a trading feature to their clients.


What is Spread Betting?

Spread betting stands for speculating on the direction of a financial market(such as Forex, CFD, Stock markets) without actually owning the underlying security. It involves placing a bet on the price movement of a security. A white label spread betting platform quotes two prices, the bid and ask price (also called the spread), and traders bet whether the price of the underlying security will be lower than the bid or higher than the ask. The trader does not own the underlying security in the white label spread betting platform, they simply speculate on its price movement.

The traders also get to choose how much they want to risk on their bet. It is promoted as a tax-free, commission-free activity that allows traders to speculate in both bull and bear markets.


Formula

Spread betting is a leveraged product just like Forex margin trading, which means traders only need to deposit a small percentage of the position’s value. For example, if the value of a position is $50,000 and the margin requirement is 10%, a deposit of just $5,000 is required. This magnifies both gains and losses which means traders can lose more than their initial investment.

Margin

Margin = Bet size(Bet per pip) x Pip number of the specific instrument / Leverage

For example, if we bet 0.0001 Bitcoin per pip on EUR/USD and the price of EUR/USD is 1.13005, then in case of 100 leverage, we need a margin = 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, if we go long and bet 0.0001 Bitcoin per pip on EUR/USD, then in case of the market movement from 1.13005 to 1.13015, we get a profit = 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:

If you have any questions, please contact us.

If you want to get notified about our updates, please subscribe our free newsletter. Thank you for reading.