Hi,
How many of you use financial spread betting as one of the tools for speculation in FX?
There is of course pros and cons as with everything and feel free to post yours as well.
Advantages:
Zero Tax (at least in Sweden)
Growing number of brokers(Tighter spreads and better software)
Disadvantages:
Limited number of availible bets(currency pairs)
Spreads usually not as competitive as a pure FX broker
Interest rates are based to short/long bets
How many of you use financial spread betting as one of the tools for speculation in FX?
There is of course pros and cons as with everything and feel free to post yours as well.
Advantages:
Zero Tax (at least in Sweden)
Growing number of brokers(Tighter spreads and better software)
Disadvantages:
Limited number of availible bets(currency pairs)
Spreads usually not as competitive as a pure FX broker
Interest rates are based to short/long bets
There are no certainties only oppurtunities.