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This is a discussion on Hello !! within the Home Trader forums, part of the Trading Career category; Personally I have been spreadbetting for quite a few years and find it convenient, flexible and the costs are acceptable ...

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Old Feb 12, 2018, 11:42am   #9
Joined Feb 2002
Personally I have been spreadbetting for quite a few years and find it convenient, flexible and the costs are acceptable - to me.

Others say go for a broker who passes your orders direct to the market so that its neutral to them whether you win or lose.

CFD's might be an alternative but I think there are tax implications. Most CFD traders probably don't pay tax on their (very small) profits but regardless, you're burdened with a tax return every year for ever.

Talk to the firms. Go for one that is well regarded by other traders who use / have used them. If you're in the UK, go for on that is UK-based and FCA-regulated.
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