Excerpt from: Understanding Spread Betting
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| November 29, 2007 | | Advantages to placing spread bets | One of the reason that spread betting is gaining in popularity is due to its advantages. Here are some of the advantages of placing spread bets:
- No stamp tax on earnings
- No capital gains tax on earnings
- Ability to short
- Access to a variety of markets
- Leveraged spread bets that help you increase your earnings
- When placing spread bets with GFT, you get very narrow spread bets
Spread betting is risky, however, and it is important to realize that you can lose money just as easily as earn it.
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