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Financial spread betting might sound something of the past but they do offer their benefits in the modern trading and particularly for the UK and Irish traders.
This thread will cover some of the main benefits.
#spreadbetting #spreadbettingbrokers
independentinvestor.com/brokers/spread…
This thread will cover some of the main benefits.
#spreadbetting #spreadbettingbrokers
independentinvestor.com/brokers/spread…
1. No taxes. This is the main and the vital benefit of financial spread betting as you get to pay no tax (no tax, no CGT, no stamp duty) on any profits you make from the financial markets.
It means you get to keep all your profits but can't offset it against your tax.
It means you get to keep all your profits but can't offset it against your tax.
2. Leverage. It played an essential role in the growth of financial spread betting. No more you need all the money to trade the markets but you can use the leverage and benefit.
#leverage #spreadbet
independentinvestor.com/spread-betting…
#leverage #spreadbet
independentinvestor.com/spread-betting…
