Worried about talk of FI being regulated by FCA and potential tax implications?
Continued...
*SPOILER ALERT*
There’s nothing to worry about...
#footballindex
Continued...
*SPOILER ALERT*
There’s nothing to worry about...
#footballindex
The main reason not to be worried is by looking at Spread Betting
Similar to FI you are not buying the actual traded instrument. In our case footballers
We are speculating on the price of the product to rise or fall
In simple terms this puts it outside of UK Tax laws
Similar to FI you are not buying the actual traded instrument. In our case footballers
We are speculating on the price of the product to rise or fall
In simple terms this puts it outside of UK Tax laws
Why FCA regs is better than Gambling regs?
It is a closer match to the product
Offers better protection to traders
It is more attractive regulator for Institutional investors and HNWI
Would open up more opportunities such as leverage and margin trading
It is a closer match to the product
Offers better protection to traders
It is more attractive regulator for Institutional investors and HNWI
Would open up more opportunities such as leverage and margin trading
Change is always a challenge and we are seeing huge change right now.
Short term is FI going to be a rocky road? Definitely
Have FI been less than perfect implementing this? Yes
But...
Is everything being said about future plans beneficial to the product? Absolutely!
Short term is FI going to be a rocky road? Definitely
Have FI been less than perfect implementing this? Yes
But...
Is everything being said about future plans beneficial to the product? Absolutely!