Chicago Quote
Many of us, whether in the jungles of Asia or on the streets of Chicago, had discovered that noble causes can lead to ignoble actions and that we were capable of sacrificing honor to a sense of efficacy.
(Linda Grant (b. 1949)
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Financial Spreads is appealing to ever greater numbers of investors for several reasons, not least of which is the absence of capital gains tax on profits (unlike conventional share trading, where CGT applies to trading gains in many countries), and the lack of stamp duty on transactions (most interesting in the UK; strictly speaking, the transaction is a bet, rather than an investment – hence the name.) However, by its very nature financial spread betting is more risky than traditional, fixed odds betting, or conventional traditional share trading, where participants are usually a little more protected. If you judge wrong, you are likely to lose a great deal in the absence of a stop loss and any losses made on a spread bet cannot be offset against capital gains on ordinary investments.The costs associated with financial spread betting are included in the spread (the difference between the bid and the offer price). Therefore the wider the spread, the more you pay to trade. So when considering a company to spread bet always compare the spread. The good news about the spreads is that these are generally getting tighter due to increased competition and explosive growth as investors are beginning to realise the advantages of financial spread betting; thus making the system more efficient.Many people think that financial sprad betting is too risky. Subconsciously, they feel that investing in shares is ethically acceptable whereas betting has down market connotations and morally reprehensible. That is a pity, because the truth is quite different. You buy a share because you believe that the price will rise and you will make a profit. You bet on a share price for exactly the same reason. The only practical difference between buying a share, and betting on the movement of the share price is that you need much more ready cash to buy the share. The costs of buying a share are much greater than placing a bet.Open a GFT AccountIf the underlying share price moved disastrously against you overnight, for example, you might los Financial spread betting provides a simple, tax-free* way to profit from rising and falling prices on a range of different markets. As a world leader in spread betting for 35 years, IG Index is the UK’s largest and longest running financial spread betting company. With IG Index you can take positions on forex pairs, global stock indices, over 7000 shares, commodities, binary bets and more- all from the same account with our award-winning PureDeal platform. Learn how to spread bet with IG Index through our free TradeSense education programme, or view one of our free online seminars.Spread betting is a margined (or leveraged) investment tool allowing traders to invest in and speculate on the financial markets. It is easy to understand and appealing trading option targeted at retail investors and covers a wide range of markets, such as commodities, individual equities, stock indices, currencies and much more. Despite being around for almost 40 years it really took off with the growth of internet and rapidly expanded in the early 2000’s. Financial spread betting showed a great appeal to many traders as it is tax-free, exempt from Stamp Duty, and provides access to a wide range of markets. Besides that, it is simple to grasp and a straight-forward tool, especially for those who are already familiar with the stock markets.