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Not true. Spread betting is tax free, which most retail FX trading is conducted as. But people don't realize they are paying huge implicit trading costs to do t
by qeternity 9y ago
Not true. Spread betting is tax free, which most retail FX trading is conducted as. But people don't realize they are paying huge implicit trading costs to do this. And institutional investors (who certainly don't use spread betting accounts) pay ordinary rates on FX trading just like anything else.