Jan 31, 2011
The characteristics that help to ensure success in spread betting are very much different to other traditional forms of business. In most businesses and professional fields we are taught that the more effort that we put into our work, the more we are likely to be successful and make money. Likewise, persistence tend to reward our efforts in our daily lives but this is not necessarily ...
Aug 31, 2010
CFD Trading Fees and Commissions
Most CFD providers offer competitive commission rates and comprehensive access to a research and charting center. The commission rates on shares typically ranges from 0.1% to 0.2%. Trades can be made over the telephone or the online trading platform.
Financing Fees
When you trade CFDs you may incur daily financing charges on positions held overnight.
If you are long, you will be paid interest; if you are ...
Jul 29, 2010
CFDs or Spread Betting: Tax Implications
If you make 100s of trades a year, the extra spread you pay with spreadbets will likely come out more than the tax you save.
In the past there used to be bigger tax advantages to spread betting. But these days you get a 10K tax free Capital Gains Tax allowance (+ another 10K if you have joint account with your spouse) and then ...
Jul 22, 2010
What are Contracts for Differences?
CFDs (Contracts For Difference) add another aspect to your trading strategy, they are leveraged trading products meaning you can 'buy' a quantity of shares for substantially less money than buying physicals, or 'buy' substantially more than you would normally be able to, or want to! You never physically 'own' the shares but receive dividends as if you did, similarly if you are 'short' ...