Recent content by rlambert

Could someone please clarify whether or not your initial deposit into your account is taxable in the UK? Say I deposit 20,000 into a US forex account and make 10,000 that year, am I taxed (income) on the 30,000 or just the 10,000? If I'm only taxed on the 10,000, can I still deduct that initial...

Hi, I have been using a Metatrader 4 demo account for some months now. I am now looking for a SB company that offers a similar style of trading. I have a Finspreads account and used their rolling trades, believing they'd work in a similar way to the forex dealer version. However, my trades...

Hi all, From reading the posts here it seems a lot of people move over to Direct Access at some point of their trading career, so I'm curious to know why. I have read the many negative threads here regarding the SB companies, so I'm assuming the tax issue becomes less important to traders in...