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Spread Betting

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Prospect
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Joined: May, 2011
Posts: 117
Posted: #1
I've been doin a lot of research on it and I'm definitely ready to get my feet wet.

My only question is if i found a way around my country's regulations (i live in the US), could I do it in peace or is there no way besides living overseas?
 
Covers Linesmen
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Joined: Feb, 2003
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Posted: #2
What type of spread betting and through what exchange?
 
Prospect
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Posts: 117
Posted: #3
Quote Originally Posted by wallstreetcappers:

What type of spread betting and through what exchange?

I was looking into commodities and forex spread betting and the sites I was interested in were tradefair, gft & spreadex
 
Covers Linesmen
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Posted: #4
So you are talking about currency swaps then or what exactly?

I also imagine that there are no restrictions to doing this, you might have margin issues being in the US but I doubt it is illegal.
 
Prospect
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Posted: #5
Oh ok, I was under the impression that it was. Well nevermind then lol
 
Covers Linesmen
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Posted: #6
Quote Originally Posted by theblueprint:

Oh ok, I was under the impression that it was. Well nevermind then lol

There are brokers who still function in the USA, one of them is FXDD..


 
Veteran
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Joined: Mar, 2007
Posts: 1066
Posted: #7
What is this exactly?
 
Prospect
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Posted: #8
Thanks a lot man...would you say that website is the best option?
 
Prospect
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Posted: #9
Quote Originally Posted by PatrickBateman:

What is this exactly?

there is a lot to it but basically it is a way to bet on a movement of a stock within a given time without actually owning it. since you dont need a broker since you dont own it there are no broker fees also
 
Prospect
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Posted: #10
i worded that horribly. 
 
 
Veteran
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Posted: #11
Is it totally legal?
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