Guide to Spread Betting the FTSE 100 Using a Mobile Trading App

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May 22, 2012, 06:30 ET

LONDON, May 22, 2012 /PRNewswire/ --

Spread betting indices such as the FTSE 100 can be easy to do with a mobile trading app, which allows you full and secure access from virtually anywhere; helping you to avoid missing that all important trading opportunity.

Highly accessible and easy-to-navigate, trade from wherever you are, whenever you want with spread betting provider City Index.

Spread Bet the FTSE 100 on the Go

Trade the FTSE 100 on-the-go from the professional mobile trading platform, City Trading™; the first live spread betting and CFD trading app for Android, Blackberry and iPhone devices. Gain access to trade via Java and Windows Mobiles also via City Index.

The City Trading™ application was launched in 2009 and provides users with full, secure access to their City Index trading account, at a time to suit them.

What was once considered something of the future is now a reality for many traders with mobile trading offering them the potential to trade the opportunity as you they it and ultimately providing an upper hand over other traders in the market.

After all, having instant access to your spread betting account when you're on-the-move can be the difference between netting a profitable trade or a losing one.

With this in mind, here we offer tips for spread betting using a mobile trading platform to help you make the most of your spread betting account.

Risk Management

As we know from above, mobile trading platforms offer heightened accessibility and instant access to your spread betting account and trades.

However, this increase may lead to a false sense of confidence and you may be drawn to trading on impulse.

As is with the online trading platform, when spread betting it is imperative that you follow a solid trading strategy with extensive risk management in place.

Thorough analysis and learning about your chosen market and price trends prior to placing a trade is the first step in a comprehensive trading strategy.

Summary

Planning before you start spread betting on a market provides you with clear guidelines to take you through trading with the aim of limiting your losses. It also leaves valuable time to focus and react to market movements, which is where a mobile trading platform can be an ideal tool.

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 in over 50 countries. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, financial spread betting.

We constantly look to improve the performance of our platforms and expand our range of services. The result is our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support.

Visit http://www.cityindex.co.uk/ for details.

SOURCE City Index