Introduction: What is financial spread betting?
Financial spread betting is the fastest growing form of online trading in the UK today. The increasing use of the internet for trading activities, coupled with an interest on the part of the public in trading other financial markets outside physical share markets, has led to this spectacular growth. Financial spread betting has the additional attraction of being tax free, with no capital gains tax or stamp duty levied on transactions.
Advertising by the companies that offer spread betting is ubiquitous, on railway station billboards, in business newspapers and even on television. But for someone who is not familiar with spread betting, it can look dauntingly complex from the outside.
This book sets ...