Leading Brokerage Firm TRADE.com Brings Spread Betting Into The Mainstream
NICOSIA, Cyprus, Feb. 25, 2020 /PRNewswire-PRWeb/ -- Spread betting which was once reserved for people working in the city, is now firmly in the mainstream. TRADE.com has given their clients the opportunity to engage in financial spread betting by launching a progressive platform. The technology is suitable for all types of people, from those who are new to day trading to those who invest for a living. Part of the USP of this innovative firm is that they are firm believers in educating their clients, with the objective that educated investors, will continue to invest longer term.
What is Spread Betting?
Spread betting is tax-free in the UK as it is classified as betting rather than trading. The interesting thing about this is it works in almost exactly the same way as CFD trading. With spread betting you can trade on both rising or falling markets by going long or short, you can access leveraged trading. Plus, you can enter or exit a trade whenever you like. Spread betting is considered speculation as you are trading on the price movements of assets rather than purchasing the underlying stocks or assets.
With spread betting traders are exempt from many of the costs that they would encounter when investing in stocks. For instance, they will not pay commission, stamp duty or capital gains tax. For those that treat trading or investing as more than a hobby, this is a massive benefit as much of the overhead is wiped out.
TRADE.com gives you the ability to trade the spread in a huge selection assets, across investment types like Commodities, Stocks, Currencies and Indices on their web-based platform.
The platform is further embellished with advanced charting and a huge selection of technical and fundamental indicators, including upcoming key events and also features price alerts.
The CEO of TRADE.com Roei Gavish when asked about Spread Betting in the UK said:
"For UK investors and those in Ireland Spread Betting comes with many benefits, which include of course the tax exemptions on gains as well as the ability to use leverage in your trading. We are pleased to now offer our UK and Irish clients access to Spread Betting through our cutting edge proprietary platform."
About TRADE.com
TRADE.com was founded in 2013 and has its roots as a CFD provider. Now TRADE.come has evolved into an eminent multi asset brokerage firm offering investments in IPOs, Thematic Portfolios, SpreadBetting, CFDs, and Direct Market Access.
TRADE.com under their umbrella firms are regulated in several places globally which include FCA in the UK and through CySEC in Cyprus. What this means is that in addition to working with a transparent and highly capitalized firm, investors' deposits are protected up to a certain limit, by the relevant investor compensation schemes.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.40% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
SOURCE TRADE.com
