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moneyball

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  1. moneyball
    Hi, I'm trying to get some information about what people think overall about IG's ISA service and how does it fare compared other platforms on criteria such as costs, user experience etc.. If you have any feedback or insights you can share based on your experience, it will be great. Thanks, Can
  2. moneyball
    @McgThis is I think one of the most useful POVs I had read about the subject. Much appreciated!
  3. moneyball
    Hi, Im new into trading so I'm wondering tax implications for different types of trades. I had a look at the guides/help docs but I wanted to double-check with the community and confirm below: -Spread bet: On IG it says this is tax-free. This is great but anyone know why spread bets are listed as tax-free? is it due to risk of losing a higher amount? -CFD: This is taxed. -Share dealing: This is also taxed unless protected by an ISA? It will be great if someone can share knowledge/experience and confirm if above rings true. Thanks!

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

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CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

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