(Newswire.net — March 4, 2014) — Bournemouth, Dorset, UK.
Being a saver is bad news for you right now as interest rates are so low.
According to The Guardian,
“Five years ago this week, on 5 March 2009, the Bank of England took the dramatic step of cutting interest rates to their lowest level in more than 300 years.”
As a result many businesses and homeowners have avoided being put into adminstration or being repossessed.
On the other hand many savers are seeing a very poor return of interest on their money.
The Forex Elite Club believe that they can make your money work harder by spread betting the Foreign Exchange (Forex) markets.
Being the world’s largest financial market, the forex market is open 24 hours and can and does react to events around the world when it happens.
What this means is that there are often big price movements in the forex which will result in money being made or lost when trading.
Spread betting allows people to get involved with trading the forex and using a smallproportion of the full value of any trade.
The good news is that in the UK compared with other ways of trading, spread betting is tax free.
Trading may seem easy but only a small percentage of people who trade the forex actually make money.
The club is a members only club who pay a monthly fee for information provided by the club advising what to trade along with entry and exit levels in which to make money on the forex.
The solution for savers looking for their money to work harder for them may well spread betting the forex with the Forex Elite Club with their trading information on which trades to place and make money.
They are based in Bournemouth,UK and been helping individuals make money in the forex for several years.
To find out more contact Duncan Mosley Membership Relations Manager.
Visit: http://forexeliteclub.com/contact.html
Quote source: http://www.theguardian.com/business/2014/mar/02/interest-rates-five-years-rock-bottom