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How Spread Betting is Turning Everyone in the UK into Traders

2 monthes ago   |   By ABC Money

Spread Betting is a type of trading that can turn anyone into a trader. It is especially popular in the UK because of the incredible tax benefits it brings. For UK and Ireland residents any gains made while Spread Betting have tax write offs and are also exempt from stamp duty.
That's because the UK considers Spread Betting as a type of gambling rather than trading.
The interesting thing here is that Spread
Betting is almost exactly the same as CFD trading, which globally is regulated as a type of trading. However this distinction very much works in the favour of the UK/Ireland resident...
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