Without doubt, our introduction of spread betting brokerage has lowered those barriers to entry.
(PRWEB UK) 26 November 2013
UK-based options trading training company, Profitable Investment Education (PIE) has announced the expansion of its trading instruments providers to include a spread betting broker. The move will enable those using the PIE strategies conduct options trading transactions with a smaller bank of funds without paying commission and to take advantage of the tax free aspect of spread betting.
“Until September 2013 we have used Interactive Brokers as our main brokerage service provider” said Glynn Calvert, Director of PIE Training. “However, to use this service, it has been a requirement to have at least £10,000 on deposit to run a trading account.”
“By offering the same trading instruments through a spread betting broker, those using our PIE strategy are able to commence trading with a much smaller bank of funds and pay no tax on the profits and no commission.”
A derivative strategy, spread betting allows UK investors to speculate, based on prices offered by a broker, on whether an asset’s price will rise or fall. They can look at long and short term prices, and, in the case of PIE, only the FTSE and DAX markets are traded.
“For spread bets, two prices are quoted - one at which you are able to buy and one a sell price” explained Mr Calvert. “The difference between these is said to be ‘the spread’ and having the flexibility to look at both the long and short term makes spread betting an attractive financial trading option.”
Mr. Calvert believes that this addition to the PIE Training brokerage choices will make it easier for those who are just getting into options trading to implement the strategies taught in its training masterclasses.
“We know that having a £10,000 trading bank has been a barrier to those who are yet to experience how, by implementing our strategy, the can begin to make money trading” he said. “Without doubt, our introduction of spread betting brokerage has lowered those barriers to entry and stimulated investment in the marketplace, as well as adding a significant tax advantage.”
With over 30 years experience trading the financial markets, the PIE Training team’s ‘Intelligent Investment Strategy’ teaches investors how to manage options trading with minimal time input or market knowledge. Details are available at http://www.profitableinvestmenteducation.com or by phoning Glynn Calvert on 07905 906399, or Paul Bent on 07407 780834, directly.
About PIE Training
Profitable Investment Education (PIE) is a UK-based training company with a focus on low risk, high return options trading. Its unique strategies and tools, developed by successful investors Glynn Calvert and Paul Bent, overcome the unpredictability of market movements. Unlike other financial trading techniques, PIE does not need to be micro-managed and requires just minutes per month to operate, with the trader in control of their funds at every step.
PIE Training conducts masterclasses in Sheffield UK, and, in 2014 is launching an online training course. Past attendees have been from the USA, Australia, Hungary, Switzerland, Austria, France, Jersey and Scotland as well as from both northern and southern England.
For details, dates and testimonials, visit http://www.profitableinvestmenteducation.com/.