Rustybucket : CFDS are----21 Dec 2013 15:36
Are a different thing altogether-- even i don't go down that route , but i know many do ----charges incurred trading CFDs are a lot higher than Spreadbetting , unless you deal in large amounts all the time . ----No charges for spreadbetting , just deposit as little as £100-00 in most cases,. on account,and that will let you buy and sell perhaps £1000.00 worth of shares or indices depending on that particular shares "deposit requirement "----It's sort of a geared trading system ,if you like . CFDs (contract for difference ) have fixed commission rates and are usaually not "rollable" in the same way as Spreads. ----By the way £ 10600-00 is not a lot of profit to have accumilated in any one tax year --many people are making substantially more than that, just perhaps not declaring it ??? Just try spreadbetting, go online and apply for an account with IG Index or Finspreads, deposit just £100.00 or so and give it a go----- The markets and shares and indices it can make available to you is brilliant . and makes for a more interesting and diversified trading day.------------GLA.