CMC Spectre - Tax efficiency without a ceiling. #trading #stocks #stockmarket

CMC Spectre is a spread betting account which bridges the gap between traditional share buying and spread betting. You can trade by going long (buy) or short (sell) on the price movements of shares, exchange-traded funds (ETFs), stock indices, foreign exchange, and precious metals, without owning the underlying asset. Profits are tax-free, and there’s no stamp duty to pay*. With regular spread bet accounts, you put up an initial deposit, or margin. The amount depends on the leverage ratio of the market you’re trading, and your profits and losses are amplified based on the full value of the trade. Spectre removes margin and leverage on long positions, simplifying how trades are funded. All new positions are funded upfront, and your maximum risk is limited to the amount you deposit. There are no margin requirements on long trades (you can receive a margin call on short positions), and no overnight financing charges, making it easier to understand your exposure and the cost of holding trades. Open your CMC Spectre Account: https://www.cmcmarkets.com/en-gb/spectre *Tax treatment depends on individual circumstances and may be subject to change in the future. Risk Warning: Spread betting involves risk. Although the Spectre account has no leverage, you may lose your full committed amount. This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.