Thanks Mike. My strategy is to continually buy small amounts and hold them for years, adding cash monthly to cover the downturns. At first glance, I think the daily interest of CFDs will cost me a lot. I also like not having the tax considerations (both not paying tax and not having to go...
Has anyone found a broker who will not be subject to the new ESMA rules on leverage, will accept customers form the UK and allows spread bets (instead of just CFDs) on indices? I've investigated and contacted loads of brokers but none fit the criteria.
Thanks in advance.
Has anyone been able to find an Aussie/NZ/Canadian broker who will a) accept accounts from UK-based customers and b) offer spread bets (not just CFDs)?
I've contacted loads and so far have found none that match that criteria - either they insist I use their UK-based branch e.g. Pepperstone, or...