Online Business

Archive for February, 2012

Normal trading, although lucrative, can be very limited. You only gain money if the share price, currency or commodity you’re trading on goes up in price. Spread betting allows you to bet on whether a market of stocks rises and falls in price, profiting from any market move.

Spread betting, and indeed CFD trading, have many benefits which add up to make it one of the fastest growing forms of trading around. Here are just a few:

• Speed: most online spread betting transactions are made in under a second. This enables you to perform as many transactions as you like, get in and out of a market quickly, and check their progress, particularly when using a spread betting app on your phone, takes just a few seconds each time.
• Round-the-clock trading: unlike normal stock trading, which only allows for the time the FTSE is open, you can trade at any time of the day for most markets. You can also trade on foreign markets which operate in different time zones.
• Tax efficiency: with both CFD trading and spread betting, you don’t have to pay any Stamp Duty whilst spread betting profits are also free from Capital Gains Tax.
• Access: if you don’t know how to spread bet, there are many spread betting tips, and you can spread bet on PC, laptop, tablet pc or by phone using a spread betting app.
• Range of markets: there are over 12,000 different markets in which you can make transactions. If you have extensive knowledge of at least one of them, then you’re able to bet on whether that particular stock, market or commodity will rise or fall.