RE: spread betting advice24 Sep 2020 12:47
Speedy, You asked, ' ...is there a reasonably safe approach to using spread betting as an alternative method?'
The short answer is' No'. The clue comes in the name, 'Spread BETTING'. What you're talking about is engaging in a Forward Contract, where you are betting on the direction a share will take, above or below the offer price, at a given future date. You can keep the initial outlay down by betting 'on margin'. If you do this, you restrict potential gains and losses, but this uses funds BORROWED from essentially your 'betting firm'.
Speedyweedy, I know you are only enquiring, but it is as BAD a choice as buying multiple lotto tickets in the idea that more tickets will give you a greater chance of winning. You have a greater chance of losing with spread betting and please steer clear.
ATB