C
cantagril
Am not sure that you're asking the right question - SB's main advantage over CFDs is in the UK's tax regime. It may well be that the Czech authorities (like the rest of Europe AFAIK) do not take the same view with regard to taxation. It is precisely because of the tax free aspect that some countries do not allow their citizens to undertake SB and where it is permitted, gains are taxable....rather undermining the perceived advantages.
ARBinstruktor
Junior member
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There are several brokers offering financial spread bets to non UK residents. As their product ranges and Costs differ quite significantly, one has to check individually which fits best.
ETXcapital (they have forbidden me to arbitrage them any further)
SpreadCo (they offer interest on your balance)
SpreadEx (they might even offer you credit lines)
and
CityIndex which might match the product range of IG and CMC (which do not cater non UK residents) at best.
Most of them even offer referral Programmes.
As long as they are FCA regulated with Money insurance of 50k and Access to the Ombudsman, I do not care too much about the quality of the individual broker.
Ad Cantagril: the tax treatment is not the only advantage of a spread bet; spread bets can include a free currency hedge, and if you prefer to hold your positions for longer durations; most Forward/Futures contracts are offered as spread bets
ETXcapital (they have forbidden me to arbitrage them any further)
SpreadCo (they offer interest on your balance)
SpreadEx (they might even offer you credit lines)
and
CityIndex which might match the product range of IG and CMC (which do not cater non UK residents) at best.
Most of them even offer referral Programmes.
As long as they are FCA regulated with Money insurance of 50k and Access to the Ombudsman, I do not care too much about the quality of the individual broker.
Ad Cantagril: the tax treatment is not the only advantage of a spread bet; spread bets can include a free currency hedge, and if you prefer to hold your positions for longer durations; most Forward/Futures contracts are offered as spread bets
C
cantagril
Indeed, and I specifically referred to fiscality as the main and not the sole advantage. You are of course completely correct about both the currency hedge possibilities (which, being heavily invested in €, is one of my principal reasons for trading EG) and the forward contracts as well.
I concentrated on the tax aspect simply because, the majority of European residents of my aquaintance are attracted by what they believe to be an opportunity for tax free income.
Spread-Bettor
Member
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Sorry mate, only for UK and Ireland.
If you're from another country you'll be offered to trade CFDs.
If you're from another country you'll be offered to trade CFDs.
Aponamed
Newbie
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Hello I am a novice broker what tips can you give to achieve big profits? I'm in America and I don't even know where to start yet. I always wanted to do something like this, but I had neither the desire nor the time. And now, because of the situation in the world, I really have a lot of free time. And what could be better than earning some money in your free time. At the moment I am trying to find the best sports books that are writing poker guides, and I was really wondering if it is difficult to maintain your own online casino? And is it really more profitable than a regular casino? Online casinos are very easy to find, but in a regular casino everything looks so nice and cozy. Therefore, I became very interested in what is better online or just a regular casino?
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