Learn How to Spread Bet With Free Online Tools

LONDON, February 17, 2012 /PRNewswire/ --

Trading education resources and tools can potentially maximise your trading potential.

Gradually building your spread betting confidence - webinars, seminars and educational guides enable you to also enhance your financial knowledge, which is imperative to risk management whilst trading.

At City Index, not only are the above resources free but you can also access free online tools such as a demo trading account.

Here we consider the free resources available to you.

Webinars and Seminars

Free trading tools are designed to help you improve your spread betting knowledge and trading expertise, regardless of whether you are a new or seasoned trader.

All free webinars hosted via City Index can be accessed without a live trading account at your leisure. All you require is a computer with a broadband connection to get started.

At City Index, you can also attend weekly free seminars at their London office; offering you the chance to trade risk-free under the guidance of their team of experts using their trading platform.

Topics you'll cover include:

• Introduction to spread betting
• Risk management
• Using technical analysis, etc.

In addition, beginners can learn about technical analysis, using candlestick patterns for short-term trading strategies and more.

All attendees can use their own simulator accounts and receive a fictional amount of funds to 'trade' the markets using live price feeds.

Demo Trading Account

A demo trading account enables you to spread bet - as well as trade CFDs - for free before you open a live trading account.

Available for a two-week period, the free demo trading account from City Index offers you a tradable virtual cash balance of £2,500.

The free demo trading account gives you:

• Free and unlimited access to our trading platform for two weeks
• £2,500 virtual cash balance
• The ability to spread bet and trade CFDs from a single platform
• Access to a range of markets, including indices, shares, currencies, commodities and more

Summary

New traders are advised to regularly set aside time to check their positions and manage their spread betting demo account. This will allow them to achieve a greater, more realistic, understanding of spread betting.

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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 worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

SOURCE City Index