Why Foreign exchange Traders In the United Kingdom Have a huge Advantage.

Some of the automated trading platforms are absolutely broker-agnostic and let an interface with just about any Foreign exchange brokerage firm. However in my viewpoint it is those traders who are based in the United Kingdom that have an edge over those traders from the remainder of the globe. Ive been trading for a period of years now and have come to understand that if you are trading one of the major pairs, especially the Brit and European-based currency pairs like the GBP / Bucks and the EUR / Greenbacks , then this is the most productive period to trade. This is much the same as trading thru a broker apart from one key difference. Any gains made of currency trading thru spreadbetting is totally tax free ( at the time of writing, future tax laws may change ). So as you can see UK traders are definitely at an advantage when it comes to foreign exchange trading because they have the choice of trading tax free and can trade the highly profitable opening hours of the London trading session. Execution of the trades on Foreign exchange must be began instantly, with split-second accuracy, as fast as the system gives the buy / sell signal. The automated trading platform, in providing a location for researching multiple stock trading systems or black boxes, gives a tool for verifiable research of each of those systems.