Why Spread Trade?
Spread trading offers a number of benefits over conventional trading methods. With a spread trade, you never buy the underlying financial asset. Instead, you open a position on its price direction. Consequently, there is no Stamp Duty to pay on the transaction, and all profits are exempt from Capital Gains Tax.
The key benefits of Spread Trading are:
- No CGT and no stamp duty
- Transparent pricing: No commissions or charges other than the spread
- Instant execution
- Trade long or short
- Efficient capital allocation