Page forex trading capital gains tax australia found The requested page could not be found. Financial spreadbetting has many benefits for trading stocks, indices, forex and commodities.
Dealing costs are non existent because the spreadbetting bookmaker will allow free dealing as they take their commissions from their quoted spread. In the UK and many other countries all profits from spreadbetting are tax free. This is a big advantage for traders who may have already hit their maximum amount of profit before capital gains tax is applied. Online spread betting of financial markets is done in a very similar way to a standard broker, and the online trading platforms are second to none. Each stock or index will quote you a buy or sell price, you simply buy or sell the price with an amount per point. If the Dow Jones traded down to 10500 you would buy the Index to close the spreadbet. Spreadbetting carries the same amount of risk as any other trading method.