Spread Betting
spreadbetting a fancy name for day trading...
you should qualify for 0% tax
kebaya:
spreadbetting a fancy name for day trading...
you should qualify for 0% tax
Thanks for the reply.
Am I right in thinking Spread Betting is basically the same as trading currency pairs with a spread involved. So example would be EUR/USD - Buy for 1.26000 and Sell for 1.26016 - the spread would be 16. Is this spread betting? or CFD trading?
Thanks
John
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Hi Guys and Ladies.
Can anyone point me in the right direction, I am thinking of opening an account with either IronFX or XTB - Simply because they have no deposit bonuses and I am starting a 5-year project.
Can anyone tell me if this is spreadbetting, as in the UK spreadbetting has 0% capital gains tax and 0% stamp duty.
Thanks All!
John