FAQs

Read through our frequently asked questions to see if what you are interested in is listed here as a response, if not please do not hesitate to email support@laytraders.com and we will be sure to help you out.

Who pays the tax ?

The betting exchanges takes a percentage, normally 5 % for new traders which comes down over time....our comission covers our tax so we don’t pay the tax the betting exchange does!....this makes backing more advantageous than share trading to me.How many genuine businesses pay 5 percent tax…not many !

Is internet trading safe?

It is very safe and so is your money,the exchanges take fraud very seriously and i have not heard anything bad about them ever!..apart from high street bookies who are now a thing of the past!..Betfair does more tranactions per day than the London stock exchange so you can trade with confidence knowing your money is there to grow!

If you make so much money why do you need to sell your system?

Purely because i enjoy doing so !...i love my job and making huge amounts every day.i love the feeling of making other people rich too !...this is a win win situation for members and my business ! i love the thrill of our live trading room..but im no thrill seeker !!!!...i trade for money not the exitment...the exitment is just part of it !..i hate loosing money but i hate loosing other peoples money more ! we are all here to trade and make money and thats what we do !