First of all, my apologies if this has been asked before, but, I am too lazy to look through all other postings.
The reason I am asking is twofold - 1. A request to other successful UK FF subscribers to openly advise about their experiences of UK spreadbetting company reactions to successful traders, and, 2. The international perspective on the conventional brokers to avoid and the HONEST broker players who offset their losses by actually going into the market, happy just to take the spread.
Point 1.
In the UK we can legitimately win money TAX FREE by spread betting with UK resistered companies such as FINSPREADS, CAPITAL GAINS etc. It is necessary to point out that these spreadbetting companies rarely go to the market except to offset their potential losses if your trade is large enough and happens to agree with the general consensus of their in-house experts.
However, in the UK it is widely held that these organisations and their national competitors are really just glamourised BOOKIES, and as such are legally entitled to decline your business on a whim, if they decide to do so (they start to lose more than you and they see an emerging pattern of continuing success for you).
Is this true? and if so, at what levels do they start to get twitchy?
I hope the answer is NONSENSE - go ahead, we challenge you to bankrupt us.... But, somehow, I doubt it.
Point 2.
Are there really organisations out there internationally who will take your trades and allow you to continuously be successful?
If the answer to 2 is NO, then what is the point of trading?
However, I am hoping that the answer to 2. is YES - but expect to pay wider spreads and deposit at least $xxxxx etc.
I hope you guys can help.
The reason I am asking is twofold - 1. A request to other successful UK FF subscribers to openly advise about their experiences of UK spreadbetting company reactions to successful traders, and, 2. The international perspective on the conventional brokers to avoid and the HONEST broker players who offset their losses by actually going into the market, happy just to take the spread.
Point 1.
In the UK we can legitimately win money TAX FREE by spread betting with UK resistered companies such as FINSPREADS, CAPITAL GAINS etc. It is necessary to point out that these spreadbetting companies rarely go to the market except to offset their potential losses if your trade is large enough and happens to agree with the general consensus of their in-house experts.
However, in the UK it is widely held that these organisations and their national competitors are really just glamourised BOOKIES, and as such are legally entitled to decline your business on a whim, if they decide to do so (they start to lose more than you and they see an emerging pattern of continuing success for you).
Is this true? and if so, at what levels do they start to get twitchy?
I hope the answer is NONSENSE - go ahead, we challenge you to bankrupt us.... But, somehow, I doubt it.
Point 2.
Are there really organisations out there internationally who will take your trades and allow you to continuously be successful?
If the answer to 2 is NO, then what is the point of trading?
However, I am hoping that the answer to 2. is YES - but expect to pay wider spreads and deposit at least $xxxxx etc.
I hope you guys can help.