Spreadbetting versus forex/cfds – Wednesday’s video
We are often asked about speadbetting versus other trading account types so today I give you some food for thought on which may be most suitable….
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Hello Charlie, I’m very disappointed to hear you had the 2 day trial without me along. I e-mailed email@example.com on November 7th and never received any reply. I thought I made the request correctly but may have done something wrong. Wish I could have been there to see it.
Sorry to hear that Matt. I will email Sam your details now…
I’ve checked with Sam,
She never received your email. Maybe you could have resent but never mind, she will put you on her list for next time!
Charlie, thank you for checking on that for me. I appreciate being on the list for next time. Thanks again.
Just got round to viewing this video. As you said, food for thought. Thank you.
The question that comes to mind immediately, is the level of proof required by the taxman to confirm that the claimed losses were actual losses. Would an annual statement from the broker be sufficient do you think, or would a complete spreadsheet of all trades be necessary?
A second question relates to broker charges, spreads and overnight charges for CFDs. How do they impact? Also, is there a related minimum trade size for CFDs? If so, would they fit the normal risk ratio for small accounts?
Hi tony. Yes brokers give you full statements so it’s all done for you. Cfd and forex overnight charges are likely to be similar or slightly lower and yes you can go to micro accounts so that works out at a minimum position size of just 10 cents or 8p…..