Hello I’m Vince Stanzione and I’m the UKs best known Financial Spread Trader and author of the first and bestselling course, Making Money From Financial Spread Trading which I first wrote back in 1997.
Financial Spread betting – also known as Financial Spread Trading – has seen massive growth over the last decade in the UK and is a flexible and tax-efficient way to back anything from shares, currencies, commodities, Bonds, stock indices and even house prices.
Financial spread betting lets you gain exposure to the performance of key markets, without having to put up the full value of the transaction – that’s because you’re trading on margin.
So you can profit from market moves while only putting forward a margin deposit as collateral – this can be as low as 5% of the contract value. Think of it like a mortgage on a house where you only put up a deposit.
And because your transaction is a bet, your profits are free from UK capital gains tax and income tax, and trades on individual shares are free from stamp duty. Those outside the UK may also be able to Spread Bet but the same tax advantages don’t apply. A similar product called a Contract for difference or C F D is available to you in most parts of Europe, Australia, South Africa and Singapore.
One of the major advantages of financial spread betting over conventional share trading is that it’s just as easy to go short as it is to go long. In other words, you can profit even when a particular market is falling – you simply open a SELL/DOWN bet rather than a BUY/UP bet. Other methods of shorting shares are often expensive and not easily available to smaller private traders.
Financial Spread betting can be used to trade from less than one minute up to 12 months and can be used to cover a range of different investment strategies. For instance, you could use spread bets to hedge the value of your existing holdings, hedge against a currency exchange movement or to speculate on market volatility.
You’ve also got the flexibility to respond quickly to any changes in market conditions as most Financial Spread Betting companies are open 24 hours a
Financial Spread Betting companies have been at the forefront of technology and it’s now possible to trade on a mobile device like a blackberry or ipad.
As the popularity of Financial Spread Betting has grown so have the number of Financial Spread Betting Brokers – as traders this is good news as the competition has lead to better products, lower spreads and smaller bet sizes.
Another advantage is the ability to trade in your base currency, for instance sterling, even though the market may be traded in US Dollars – for example Gold or Oil – this means you don’t have to worry about exchange rates.
Interested in finding out more?
I think it makes sense to get some good independent training before you dive in. So I’ll send you my free 10 top tips the professionals don’t tell you, give you access to my blog and video updates, all free of charge with my compliments. To find out more and sign up just go to www.fintrader.net