Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Online Broker in the US or UK - recommendations?

Reply
Highlighted
Contributor
Can anyone recommend a "trust worthy" Online Broker in the US/UK?
0 Kudos
6 REPLIES 6
Highlighted
Super Contributor
0 Kudos
Highlighted
Frequent Contributor
FWIW am impressed with thinkorswim.com in the USA
0 Kudos
Highlighted
Super Contributor
0 Kudos
Highlighted
Not applicable
Hi Ninja, What are the tax implications with UK spread betting?
0 Kudos
Highlighted
Super Contributor
There are no tax implications, you declare your earnings to the tax man in SA and pay tax on that. Remember spread betting is tax free in the UK, so you just pay tax on your earnings to SARS.
0 Kudos
Highlighted
Valued Contributor
Uk cfd and spread trading is taxed at source .. so you will pay UK tax, not sure if you're able to claim it back ..
0 Kudos