Forex Trading UK

Forex Trading UK has a number of things to consider before you enter the market:

Read and research. Weigh up the pros and cons of Forex trading and decide if it’s really for you.

Choose your tools (I recommend technical analysis)

Choose your charts

Choose a broker

PRACTICE! Before you invest any money on a trade, make sure you hone your trading skills.

Take a Forex trading course. This is the quickest and easiest way to learn. It does cost money, but I learned more in 2 days than I had in 2 years of researching on my own.

Learn the laws. Learn about taxation and where your money will be held:
Use this link for Her Majesty’s Revenue & Customs Website

In the UK, you will pay 8% capital gains tax (08-09 figures) if you make a profit from your trading, unless you trade through a spread betting company. Use this link to learn about spread betting in the UK.

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