Hi All !
I'm fairly new to FX trading and currently back testing my strategies etc. I was just wondering if there are any UK based traders on this forum who have traded forex using the various spread betting companies available? e.g. IGIndex, TradeIndex etc..
I have my account set up with a UK forex broker but can't help thinking I might as well use a spread betting company as then I don't have to pay tax? (Assuming I make some profits...)
Any discussion on the pros and cons of using spread betting companies for forex?
Any replies gratefully received !
Many thanks,
CT
I'm fairly new to FX trading and currently back testing my strategies etc. I was just wondering if there are any UK based traders on this forum who have traded forex using the various spread betting companies available? e.g. IGIndex, TradeIndex etc..
I have my account set up with a UK forex broker but can't help thinking I might as well use a spread betting company as then I don't have to pay tax? (Assuming I make some profits...)
Any discussion on the pros and cons of using spread betting companies for forex?
Any replies gratefully received !
Many thanks,
CT