Imagine a world where you could trade forex without any fees or buy stocks without paying taxes. While it might sound like a dream, there are actually opportunities out there worth exploring. Seasoned traders usually have clear strategies and benefit from good rates due to their high trading volumes. But for the more casual investor, there are alternative ways to make things simpler.
One such alternative is offered by providers like Tradefair, which originated in London’s trading circles. They allow clients to trade Contracts for Difference (CFDs) as an alternative to stocks. Their system is based on market point changes, meaning you can make short-term trades to capitalize on both rising and falling markets without any restrictions. This model can also be applied to forex trading with slight tweaks.
What started as a somewhat casual option has now gained the attention of serious investors. The lack of tax restrictions and the ability to use market insights make it an attractive choice. For example, Tradefair PRO comes with over 80 analytical tools, news feeds, and immediate trading features.
There are also simpler versions of the software available for smartphone users, making it easy to trade from anywhere. This flexibility is great for those who don’t want to be tied to a desk all day.
Tradefair doesn’t just focus on forex. It offers access to over 3,200 international stock and currency markets, as well as broader market indices. This wide range of markets also opens up opportunities for cross-trading, such as trading stocks that are affected by currency changes.
The competitive market includes firms like Tradefair, City Index, Spreadex.com, and IG.com. These companies are constantly vying for new customers with attractive incentives. For instance, Tradefair is currently offering a welcome bonus of up to £1,000 with an initial deposit of £10,000, making for an enticing 10% return. They also offer a £50 bonus for referring new users, up to five referrals. While the terms can be strict, seasoned traders might find these bonuses worth the effort.
However, it’s important to remember that financial spread betting isn’t without risks, especially for those new to forex trading. You can lose as much as you win, which can be a hard lesson for those who are overly optimistic or hesitant to cash out when the market moves against them. Despite these risks, financial spread betting is an investment option worth considering, even if it’s not entirely foolproof.