This service offers free, confidential and independent advice and is funded by the DTI and seven UK banks. The danger is that the loss may exceed your deposit margin. Try our revealing reviews - unique forensic analyses that expose the good, the bad and the ugly This site is financed by you, instead of by biz opp ads and commission links You pay us to be unbiased - so we are "It's the only unbiased info on the market that I've come across.
Spread Betting: Reduce Taxes On Your UK Trading Profits!
The spread betting provider will quote a price range or 'spread' and you can forecast whether a stock, index or other financial instrument will rise or fall. Prices quoted can move very rapidly as they reflect actual market conditions. The way it works is that you place a bet on the price and which way you think it is going to go - you can profit equally easily from the price going up or down. If you believe a specific stock index like the FTSE , currency pair or commodity will rise or fall, you can bet so much a point and either keep the end date open or set a time limit, which is normally a day or three months forward to close the trade.
For every point the trade moves in your favour, you win multiples of your stake and for every point it moves against you lose multiples of your stake. We will go into this in more detail later. Your profit or loss is the difference between the price at which you enter and the price at which you close the trade. The more the market moves in your direction you have predicted, the greater your profit. Conversely, when the market moves against you, the more you lose.
The danger is that the loss may exceed your deposit margin. The fees are in the spread - so watch the spread. There is no CGT, stamp duty, explicit trading commissions. Trading on margin allows traders and investors to open larger positions, which makes it viable to target relatively small price movements.
But bear in mind you may still need the money to back it up!! And don't forget, importantly it's easy to place down bets which means that you can use spread trading to sell short so as to profit from any correctly predicted price declines. As you do not physically own the product, but trade solely on price movements, you can profit from falling markets as well as rising markets.
This is a handy guide to financial spread betting - how it works, have fun and hopefully make a few quid. Our guide covers an impressive amount of ground, starting out with tutorials and learning about spread betting right down to working out exposure and the psychology of making a trade.
Learn the mechanics and advantages of spread betting, including short selling and trading on margin. Plus how to develop a trading plan and the fundamentals of risk management. National Debt Advisors Review extract from: The National Debt Advisors opportunity looks like an ideal one for the recession - not only does the market flourish in a recession but also you have a fulfilling role because you are helping people with financial difficulties.
There is certainly a large and increasing number of people with debt problems. The big question is, how easily could you tap into this demand with National Debt Advisors' " intensive one day course " and ongoing support? On the face of it, this would be difficult because there are two major charities which offer free, independent advice and practical help.
These charities are funded by the credit industry, which enables them to offer unbiased and free advice to consumers. On their website you can complete a full counselling session online, which is free and confidential.
And for businesses, there is Business Debtline , www. This service offers free, confidential and independent advice and is funded by the DTI and seven UK banks. Debtors can also seek advice from their local Citizens Advice Bureau. In addition, and without any reference to National Debt Advisors but as a comment on the debt management industry as a whole, it should be noted that setting up in business as a debt management advisor has not been helped by the adverse publicity given to the practices of some debt management companies who charge upfront and ongoing fees without improving a debtor's position.