The financial spread betting market has emerged as a wonderful derivative tool for traders who have recognized the advantages of margined trading and how they can use it not only for trading purposes but also for hedging.
Before you get into financial spread betting, you need to understand some facts or look out for some key attributes about the service provider or margined trading broker who would provide you the access. While adequate knowledge about the tool is a prerequisite in itself, the service or platform that you need to use for your trading is of equal importance. If you are just starting out, it would be useful to have the facility of free betting where you do not have to put your own money or would get back the money you lost with an upside limit. This is referred to as no loss bets where you not only do not lose any money but also get to pick up the nuances of the trade.
The spread is also something you need to look at. As a trader, you need to have access to competitive trades with transparent pricing so that you can trade without any apprehensions.
The CFD trading platform is the next big thing to look out for. You need to have a platform that can carry out bets rapidly and efficiently, is not subject to system crash and also provides you with technical charts for any analysis you may wish to do. The City Index platform is one such facility that has been found to be very good for margined trading due to the host of services it offers and the ease with which traders can go about their trading activity. It has a good track record having been established in the 1980s and has offices in various countries in the world.
It also offers you a two week trial offer period during which you can practice and get to know more about margined trading. The stability of pricing is yet another positive feature of City Index and coupled with its guaranteed stop loss commitment, it definitely offers you a complete and trader friendly platform to do your financial spread betting.
In addition to the above, City Index also offers you the opportunity to do margined trading via your mobile phone through its iPhone application and this is of great help in today?s times when so many people are using the mobile for a variety of applications and are so dependent on it.
Before you get into financial spread betting, you need to understand some facts or look out for some key attributes about the service provider or margined trading broker who would provide you the access. While adequate knowledge about the tool is a prerequisite in itself, the service or platform that you need to use for your trading is of equal importance. If you are just starting out, it would be useful to have the facility of free betting where you do not have to put your own money or would get back the money you lost with an upside limit. This is referred to as no loss bets where you not only do not lose any money but also get to pick up the nuances of the trade.
The spread is also something you need to look at. As a trader, you need to have access to competitive trades with transparent pricing so that you can trade without any apprehensions.
The CFD trading platform is the next big thing to look out for. You need to have a platform that can carry out bets rapidly and efficiently, is not subject to system crash and also provides you with technical charts for any analysis you may wish to do. The City Index platform is one such facility that has been found to be very good for margined trading due to the host of services it offers and the ease with which traders can go about their trading activity. It has a good track record having been established in the 1980s and has offices in various countries in the world.
It also offers you a two week trial offer period during which you can practice and get to know more about margined trading. The stability of pricing is yet another positive feature of City Index and coupled with its guaranteed stop loss commitment, it definitely offers you a complete and trader friendly platform to do your financial spread betting.
In addition to the above, City Index also offers you the opportunity to do margined trading via your mobile phone through its iPhone application and this is of great help in today?s times when so many people are using the mobile for a variety of applications and are so dependent on it.