Introduction to Trading

We are based in the UK and have access to a method of trading called "spread betting" where we essentially bet on the direction that the price of the underlying asset will move. For example, we could take a 0.5 BUY stake in the spot price of Arabica Coffee. This would mean that for every point that the price of Arabica Coffee rises, we profit £0.5 and equally we would love £0.5 for every point it drops.

One of the key advantages of this type of trading is that it is technically classed as gambling in the UK, and as such any winnings to not incur capital gains tax (although equally, losses cannot be used to offset other items either).

The IG trading platform is a personal favourite, providing low commissions and a simple trade interface. It also makes it incredibly easy to set up demo accounts so that you can practice and test out your theories before risking any real money. If you are new to trading, I would strongly recommend that you start with a demo account to get comfortable with the interface and practice holding trades.

The information provided on this site will be applicable to other forms of trading and there are many other trading platforms out there which will provide a similar level of service.