VodaFX offers an automated software trading system that generates a passive income by trading on the Foreign Exchange. It is now sold at a retail level into Europe, our first office opened is in Dublin Ireland. We have recently been told that the passive income generated by VodaFX is considered Tax Free as it Automated Foreign Exchange Trading falls under "Spread Betting" in Ireland.

The way it works is a client starts a trading account of 10,000 Euro with a broker, VodaFX algorithms are then traded through the broker automatically to generate the consistent profits we are known for.

What are your thoughts on this as we found it rather interesting. We must make it clear we are not financial advisors and we are merely restating what has been told to us by a local accountant from one of our clients.

We are interested to know your thoughts.

-VodaFX Team