LONDON, June 15, 2012 /PRNewswire/ --
Read these useful spread betting tips for trading indices, such as the FTSE 100, and you could take a position today with a City Index account.
With spread betting provider City Index you can go long or short on over 12,000 financial instruments, including shares, currencies, commodities and indices.
Introduction: What is Spread Betting?
Spread betting is the act of taking a position by speculating on the future movement of a market's share price.
If you believe a market's share price will rise, you go long and buy.
In the event you are correct and the market moves in your favour, you will net a tax-free* profit in line with each point that market rises.
Alternatively, if you believe a market's share price will fall, you go short and sell.
In the event you are correct and the market moves in your favour, you will net a tax-free* profit in line with each point that market falls.
However, it is important to remember that if a market moves against your position - you could lose more than you initial deposit.
Spread Betting Indices
Many investors choose to spread bet popular markets such as indices.
Through the City Index trading platform, these markets are represented as:
- UK 100 DFT
- Wall Street DFT
- Germany 30 DFT
- France 40 DFT
As an example, the UK 100 DFT represents the FTSE 100 market. By spread betting on the UK 100, you can trade on the future price movement of the FTSE 100, meaning that if it moves in your favour - you could net a tax free* profit.
How to Start Spread Betting
It's easy to start spread betting with a City Index account.
Follow these simple steps to start trading on the popular indices markets today:
Step 1. Apply for a spread betting account
Step 2. Fund your spread betting account
Step 3. Start spread betting
Access Free Spread Betting Tips
You can access a range of free spread betting tips, articles and guides - as well as a wealth of information regarding all City Index products - through the main site.
* Spread betting is exempt from UK stamp duty and Capital Gains Tax. However, 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 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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article