Jashfx
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My first account got in on time and then the usual mayhem.
All other SLM accounts were 4.3 pips and over a minute behind.
I re-installed etc over weekend. This is just not right.
Read this, I posted late last night:
http://alansforexblog.com/2008/04/20/proof-that-forex-brokers-cheat-you/
I'm thinking it's just better to go to a broker and pay the tax. At least one doesn't have to waste so much time and strife on this cr*p.
Im thinking the solution for us living here in the UK is to open an account with IG Index and trade manually. Ofcourse its not always possible for everyone but if you can -- just use the signals and trade manually. Use the 10/40 strategy where we dont use Break even ( cause we cant use the EA as there is no MT4)
Move majority of funds to a broker that seems to be more reliable (Think Fx or Alpari UK) to trade the standard FMT and only when you are starting to earn more than 10K per year worry about Tax implications. Who knows by the time you need to start seriously considering TAX implications:
1)perhaps SLM has sorted its Sh1te out
2)perhaps more brokers have gone the route of SLM and offer MT4 spread betting
3)perhaps tax laws in the country have changed.
If you married, then I suppose as one grows an account, a second could be opened in your wife's name instead of yours thereby allowing more tax free income into househould before worrying about paying tax.
By this time -- Your IG index account would probbaly be compounding like crazy, Which is all tax free anyway. Infact any no break even strategy, (10/40, 40/40, 28/40) could be used on the IG index and we could still benefit from tax free money.