Should you put stocks in your children’s stockings this year? With Christmas around the corner, most children would gawk if you told them that for their present this year you’d opened them a JISA and put in the £500 you were going to spend on a PS5 and would do so every year until they …
One of the most “disrupted” markets of the last ten years has been the money transfer industry. Money transfer apps, peer-to-peer currency networks, and off the rack white label solutions from a new nimble breed of fintechs have reduced customer fees, improved exchange rates and speeded up transfer times. But when it comes to money, …
Massimiliano Alvisini, on Western Union’s resilience to challenger brands Read More »
Pensions are big business at the moment. Partly because people are generally taking more interest in their finances, but also because there is a convergence of technology and service. Pensions have always been seen as a background investment, one not to be tinkered with. But as technology helps highlight the excessive costs from legacy platforms …
Jordan Mayo, Profile Pensions CEO on the merits of technology meeting advice Read More »
What is the difference between spread betting vs CFD trading? The key difference between spread betting vs CFDs is that spread betting is unique to the UK as trades are structured as bets and therefore free of capital gains tax. In this guide, we will explain in greater detail the differences between CFD trading vs …
Spread betting vs CFDs – what is the difference? Read More »
A user has asked: If I want to hold a large Euro sum before transferring to GBP what is the best way to manage this? A Euro bank account in an established bank? If so any thoughts on best bank? Answer: The main thing to consider here is what’s “called counter-party risk”. That being is …
What to do with a large amount of Euros before converting it to GBP? Read More »
There are literally thousands of CFD brokers that operate around the world and most will accept clients from the UK. But how do you know which one is best and where to start? We’ve put together a comparison of CFD brokers so you can compare CFD trading platforms, that are industry leaders and offer the best …
What are CFD Stocks & Where to Find CFD Brokers to Trade Them Read More »
Why did you set up Multiply.ai? Before I set up Multiply I was a derivatives trader for many years. The last two years I spent in the banking industry, I got very close to the retail side of the business, back at RBS, so I covered NatWest in Coutts in Addlestone. I saw first-hand the …
The answer to whether or not you have to pay tax on forex trading depends on how you trade forex. For the majority of forex trading, you do have to pay tax, but there is a way to trade forex in the UK without having to pay capital gains tax on your profits. Forex trading …
The G10 currencies are the top ten most popular traded and liquid traded currencies across the world. The G10 currencies are: Australian dollar (AUD) Canadian dollar (CAD) European Union Euro (EUR) Japanese yen (JPY) New Zealand dollar (NZD) Norwegian krone (NOK) United Kingdom Pound sterling (GBP) Swedish krona (SEK) Swiss franc (CHF) States United States …
How did you get started in foreign exchange? In 2005 four of us founded FC Exchange, then in 2010, I bought out two of the others. From then, my business partner, Martin Steenkamp, and I ran the business together until 2016. For 11 years, we grew FC Exchange, focusing on private client business, and then …
