Traders based on the United Kingdom?

Hello everyone!I am quite new in the foreign exchange and I am currently trying strategies.I was wondering if there are traders based on the United Kingdom in this forum that have used the various financial betting companies, such as Igindex or Tradeindex.I have my account configured with a Forex's broker from the United Kingdom, but I can't help thinking that I could use a financial betting company to avoid paying taxes (assuming to generate some profits

I carry out some operations through capital capital, although I do not believe that financial betting companies are adequate for scalping operations due to the slow manual execution of orders and "requotes."However, they seem good for operations in longer temporary frames.Another thing to keep in mind is that you must exceed £ 8,800 before paying the capital gains tax.

Quoting: "Any opinion about the pros and cons of these companies for Forex trading?"Hi Cautious, I currently use ample: http://www.iii.co.uk/spreadbetting/ They have a slightly poor java interface that takes time to charge, but the price feed is close to my prices in MT, which gives meA good idea of ??the real position.You can start with a small live account operating from 1 penny during the first 8 weeks, which makes you feel a bit like something real (I know some will laugh when you hear this

Thanks, for fiscal information.I knew there was a minimum amount before paying the capital gains tax, but did not know the exact figure.It seems that more reading awaits me ... exciting.Financial betting companies seem to have Spreads between 6/8 pips, so they are not very useful for Scalping.I have not yet done live with them, but they are slow, I will have it in mind.

There are a couple of rules that I am starting to apply.While I learn about price action and all popular strategies that are discussed in the forums, I only concentrate on operating EUR/USD.It is too easy to jump in pairs and think that you find opportunities.That will only cost you money.When I started, sometimes I had 3 or more operations open at the same time and simply could not follow them correctly.As rookies, it is easy to enter any candle that seems to go somewhere, without really understanding what is behind the movement.

Thanks for the advice, Pete.I will be observing how the market reacts to the news advertisements tomorrow.Maybe even try some demo operations based on the news!

Check out CMC;It is probably the simplest platform in the United Kingdom.He also considers CMS with Visual Trader, an American site, but his demo is fabulous.I am between those two options at this time.

Thank you, .I'm going to check them!

Use E*Trade: http://www.etradespreadbetting.com/index.htm The Spreads are the best in the market: 2 pips for EUR/USD and 3 for GBP/USD.I have always achieved executions in 3-5 seconds.The software is easy to use and Stops are usually between 8 and 10 pips, depending on the pair you operate.

Another thing that I should mention is that you use the low graphics, and CMC tends to block with that program.