ThinkMarkets broker introduces tax-free Spread Betting via the ThinkTrader platform so that its UK clients can offer more trading opportunities in the future.
Top CFD and Forex broker, ThinkMarkets forex broker, is expanding its trading offering on its platform, ThinkTrader, by bringing Spread Betting to its users. This offering highlights significant developments in providing exclusive tax-efficient trading solutions for UK traders.
Spread betting is a popular form of trading speculation, simply involving placing a bet on the price direction of a financial instrument without taking ownership of the underlying asset. One of the most superior features of this trading mechanism is that profits are free from Capital Gains Tax and UK Stamp Duty.
ThinkMarkets trading platform, ThinkTrader, features a friendly interface with advanced tools such as TradingView Charting, Signal Center, TrendRisk Scanner, and Trader's Gym to simulate trading ideas and experiences. The company provides constant competitive access, low latency, fast execution, and trading platform support.
ThinkMarkets forex broker Co-CEO and co-founder Nauman Anees commented, "The introduction of spread betting on ThinkTrader is a testament to our commitment to an innovation strategy to expand our offering in the UK. We are excited to support you with our technology and professional services."
In addition, setting up a spread betting account with this zero spread broker involves a simple process through ThinkPortal.
The company has also ensured a smooth transition for existing spread betting account users to the new spread betting offering by allowing direct transfer of funds from another platform to the new account.
In other forex broker news, TradingView joins ThinkTrader Web, where you can enjoy advanced features for streamlined and informed decision-making.