Just found this thread and have to say i'm very impressed. I'm in Ireland where spread betting is tax free too, main reason is 95 % of people lose so therefore if they taxed spread betting you'd supposedly be able to claim back your losses too. Doesn't take a brain surgeon to work out that it's not in the goverments interests to start doing that !
As for brokers i started with IG but left them cos of spreads and platform probs, then went to Finspreads and well there were some platform problems there too then moved onto CMC who i'm still with and have found to be more or less trouble free, mind u my winnings aren't gonna break they're piggy bank !
I personally think all brokers and spread betting companies are gonna give u grief around major news releases, one thing about CMC is they don't widen their spreads and the platform does remain stable. Other thing is i don't use guaranteed stops but 99 % of the time my stop is hit at the correct price.
Should add i don't work for CMC or have anyting to do with them just stating my personal experience !
As for brokers i started with IG but left them cos of spreads and platform probs, then went to Finspreads and well there were some platform problems there too then moved onto CMC who i'm still with and have found to be more or less trouble free, mind u my winnings aren't gonna break they're piggy bank !
I personally think all brokers and spread betting companies are gonna give u grief around major news releases, one thing about CMC is they don't widen their spreads and the platform does remain stable. Other thing is i don't use guaranteed stops but 99 % of the time my stop is hit at the correct price.
Should add i don't work for CMC or have anyting to do with them just stating my personal experience !