Tradefair & Financials
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Looking to dip my toe into this market
Any pointers as to the best one to use?
Any pointers as to the best one to use?
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Use spread betting, its much the same thing, but not taxable. It's not so much the actual tax, you're unlikely to make enough to pay capital gains tax anyway. Have you ever considered how on earth you are going to fill in your tax return correctly if you open a CFD account?
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yeh just be super conservative of how much you trade in relation to capital.If the position turns against you you will lose your cfd $$$ quicker than hussain bolt.Suggest you be very careful and fully aware of the huge leverage.Remember jim cramer once admitted he had "put dozens and dozens of my clients into cfd's and not ONE of them made money."
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they must have been following his advice :|
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