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also asking for help if the coinexpert247.com is a legit company?  

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Ronald
equities trader

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What is the difference between spread betting and CFD?

Hi Bruce, thanks for the question. The contract for difference (CFD) refers to trading price changes between the entry and the exit point. It’s a derivative form of trading where traders speculate on price movements in different markets, without actually taking possession of the underlying asset. Spread betting is similar to CFD as it’s also a derivative product where traders don’t own the underlying asset. However, there’s one major distinction between these two concepts. While neither the CFD nor spread betting requires you to pay stamp duty, the fundamental difference between the two is in the tax treatment. The first…

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Brock
equities trader

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Hello. I'd like to know the differences between CFD and spread betting

Hello, and thank you for coming here. First of all, it is important to understand these two concepts. A contract for differences (CFD) is a type of derivative trading where a trader is actually trading the difference between the opening and closing trade prices. As such, it is a speculative way of trading shares, indices, commodities, currencies and treasuries.  Spread betting is actually the same as CFD, except for a major difference. Therefore, spread betting also is also a derivative product, which means you don’t take ownership of the underlying asset.   The key difference between these two is how they…

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Daniel Carter
equities trader

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Which is better to use in a trading strategy out of the two?