At home traders take advantage of online trading to stake their claim to stock market profits

Added: (Sat Feb 27 2010)

Pressbox (Press Release) - February 27th 2010 London – LS Trader announced today that they have noticed an upsurge in the numbers of people who are turning to online trading to generate new income for themselves. This coincides with reports from the financial spread betting firms that they are also increasing their business and attracting new customers.
“We are finding that many more people are looking to get involved with online trading” said Phil Seaton Head of research and online trading systems development at LS Trader. “We are getting new enquiries from people who have never done any form of trading before but are looking to get involved in online trading. Online trading is really the ultimate work from home opportunity and if it is done properly a substantial income can be generated.”
There are numerous advantages to the online trader and these include not only ease of access in placing trades around the clock from the comfort of their own home, but also the low deposit and margin requirements that are on offer from the financial spread betting firms. Most of these firms offer clients the opportunity to open a spread betting account for free and to place their trades from as little as 10p per point. This enables the small trader to get involved in trading whereas before they would have been ruled out by being undercapitalized. Now, they do not need to trade futures contracts and be limited to having to trade in units of full contracts but can instead place small bets on the direction of the market.
Phil Seaton added that “Online trading systems such as LS Trader give individuals with no knowledge or trading background the chance to learn about the markets and learn how to trade as well as giving them the chance to see exactly which markets we are currently trading and how. This opens up a whole world of trading opportunities for the at home trader who may otherwise be unable to trade the markets”.
Another advantage for UK residents looking to get involved in online trading is the ability to use financial spread betting as their trading vehicle, enabling them to rack up profits and not pay any tax on them as spread betting in the UK is currently tax free.
For more information about LS Trader and their forex trading system please visit: www.lstrader.co.uk