Do Spreadbetting firms take the other side of their customers trades ?, or do they simply make the bid/ask spread ?
If they take the other side, like a traditional bookie, thats a bit worrisome
I can see the tax free benefits of betting but surely paying spreads at trade entry and exit is going to eat a lot of that over time, not to mention slippage
Would most professional traders be more likely to use Direct Market Access than SB ?
If they take the other side, like a traditional bookie, thats a bit worrisome
I can see the tax free benefits of betting but surely paying spreads at trade entry and exit is going to eat a lot of that over time, not to mention slippage
Would most professional traders be more likely to use Direct Market Access than SB ?
Are Spreadbetting firms bookies ?
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