Spread Betting With City Index: Providing a Risk Management Alternative
LONDON, April 12, 2012 /PRNewswire/ --
Spread betting can be risky business given its leverage feature, meaning that you could lose more than your initial deposit.
However, spread betting provider City Index offers traders not only a professional service, but extensive trading education tools and risk management features to help improve their spread betting potential.
On April 10 2012, Simon English reported on the progress made at City Index in recent years under the stewardship of Martin Belsham, who returned as CEO of City Index in 2009 (Evening Standard).
Limiting Risk with Trading Tools & Resources
Belsham has considered risk management from start to finish; and this outlook has also been passed down through to their clients, by way of extensive trading tools.
City Index clients can utilise a quite of trading education tools and resources where they can access free seminars, webinars and demo trading accounts - to help educate and familiarise themselves with spread betting and the trading platform, prior to trading or possessing a live trading account.
In addition, stop loss orders help significantly reduce potential losses by closing out their trade at a pre-determined point set by the client.
Technological Developments
Traders can now access their spread betting account and trading platform from wherever they are and whenever they want. Through their downloadable, online and mobile offering; traders can access live price movements from home or away at a time to suit them.
This makes spread betting both more accessible for part-time traders and heightens the number of trading opportunities available.
Spread Betting with City Index
Spread betting offers a low margin feature which allows traders access to over 12,000 financial markets by depositing only a small percentage of the underlying instrument's total value.
Through City Index, the average deposit is between 1% and 10%, allowing easy access to traders both new and experienced.
Key benefits of spread betting with City Index include tax-free* profits and the ability to gain from a market that rises as well as falls.
However, traders must remember that as a leveraged product, spread betting can result in losses greater than their initial deposit, making it imperative that they fully understand the risks involved prior to placing a trade.
*Spread betting, at present, is exempt from UK stamp duty and Capital Gains Tax. Tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for difference (CFDs) and, in the UK, spread betting.
We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.
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