is anyone going to the FXCM bootcamp training in London at 30th of May? If you don’t know. it was advertised in the City A.M. newspaper ( free financial news paper distributed in the City of London , if you don’t live here and don’t know about it )
I registered yesterday, not sure how much good info rate / them trying to sell you a account, but it’s free and I don’t usually go to things like that, so I will give it a shot.
hah, I took the day off to go have some spare holidays anyway. Is it advertised as Spread Betting? In the City A.M its just Boot camp, but obviously FXCM UK does spread betting too, so , I’m not sure.
The only difference between spread betting and non-spread betting accounts is the tax-free status available to UK and Ireland residents who have spread betting accounts. That means the topics covered at the boot camp will apply to both account types. Sorry you can’t make it, PMH
Eu estou estudando portugues! I’ll be rooting for Brazil after the US gets eliminated from the World Cup, which judging by the group we’re in won’t be long after the tournament begins unfortunately. :34:
There has been some threads about tax, and a distinction was being made, of course, between spread-betting and Foreign Exchange trading: I did wonder if the spread-betting label for this FXCM boot camp was to encourage traders to engage in
something that is known to be tax-exempt.
However, my sources tell me that Forex is also tax-free, if it is not your main source of income, in that it is de facto ‘gambling’,
therefore it does not, in the form of a ‘hobby’ (i.e. not the main source of income), constitute taxable revenue: