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Old 06-08-2006, 11:02 AM
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Spread Betting Pros and Cons
Could someone tell me the pros and cons of spread betting versus margin trading and tax implications if living in the UK?

thanks

Darren
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Old 06-08-2006, 01:03 PM
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Quote:
Originally Posted by dazminder
Could someone tell me the pros and cons of spread betting versus margin trading and tax implications if living in the UK?

thanks

Darren
Well it depends on if you are new to forex. Spread betting is good with low sums, but you wouldn't want to trust big amounts to them.

BTW, if you are looking for good spread betting service I can reccommend:

http://www.forexsurge.com

They have multiplayer betting option, I haven't seen this at the other sites.
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Old 06-08-2006, 02:44 PM
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Jean, why don't tou recommend large amounts with a spreadbetter?
I use Capital Spreads and IG Index in the UK and I have over £50k trading over £50 per pip.
No problems whatsoever.
Mike4x.
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Old 06-08-2006, 03:46 PM
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goldensight is on a distinguished road
If you are not already familiar with them you might go over to spreadtrade2win.com/forum and find additional information.

Quote:
Originally Posted by dazminder
Could someone tell me the pros and cons of spread betting versus margin trading and tax implications if living in the UK?

thanks

Darren
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