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DislikedHi, i spreadbet with IG Index, no complaints with them so far, (been with them about a year) the great benefit with spreadbetting in the UK is the fact that it's tax freeIgnored
Dislikedhi
can u know why uk did this... isn't uk will loss some cashs coz no taxes?Ignored
DislikedSeeing as we're on the subject, any idea what the tax situation is if (hopefully) my only income comes from trading with spread bets? Some say I'll have to pay income tax as it's my main income, others say still no tax.
Anybody in this position already?
TimIgnored
To see spreads on the FXCM spread betting platform, sign up for a free practice account: http://www.fxcm.co.uk/free-trial-account.jsp?CMP=PR-sb If you have any questions, please call one of our currency specialists, who are available 24 hours a day at +0808 234 8789, or e-mail them at [email protected].
DislikedHi guys,This may seem as a dumb question, but isn't spread betting riskier than forex trading? I mean, as far as know, it requires more margin and eats up your balance much quicker than orginary forex position. At least that was my experience when I tested SB.Ignored