What Should You Look for in a Spread Betting Platform?

LONDON, September 23, 2010 /PRNewswire/ -- "Once you've seen one spread betting platform, you've seen them all". Not true, and seasoned spread betting provider Finspreads ( http://www.finspreads.com/) has the proof. Here are five reasons why you might want to try opening a Finspreads spread betting account.

Mobile spread betting

Many spread bettors, particularly day traders and short-term traders, find that they need access to their spread betting account while they're on the move. This is where mobile trading and iPhone(TM) spread betting come in.

Finspreads' mobile trading platform and spread betting iPhone app give you full and secure access to your trading account, as well as connecting you with the full range of markets and order types available online, wherever you are.

Tight spreads

Tight spreads and competitive margins mean cost-effective spread betting. Tracking down the best spreads and margins around can make a significant difference to your bottom line.

Spreads at Finspreads range from two points on major indices such as UK 100, France 40 and Germany 30, to three points on currencies such as EUR/GBP and GBP/USD. The spread for EUR/USD is just two points. Finspreads also offers margin rates that allow you to maximise the benefits of leverage without compromising your investment potential.

Risk management

A key factor in successful spread betting is understanding and managing the risks involved, and there are a number of tools available to help you do this. For example, Finspreads offers stop losses, guaranteed stop losses and competitive rates which all add up to well-managed spread betting.

Spread betting training

Apart from trading with minimal risk, the best way to learn spread betting (http://www.finspreads.com/learn_to_spread_bet.aspx) is by listening to the experts. Whether you do this online or in person, it will play a vital part in your spread betting education.

Finspreads offers several portals for you to learn spread betting in more detail, including platform tutorials and free spread betting seminars at the company offices.

There is also the Finspreads Trading Academy Course, a comprehensive spread betting education programme for new customers.

Low stakes

Traders should always seek out the spread betting platforms that offer the lowest minimum stake sizes.

Spread betting beginners who enrol in the Finspreads' Trading Academy Course can start trading from as little as 10p per point for 8 weeks, an exceptionally low stake size. Even when traders have completed the spread betting course, Finspreads' minimum stake on certain markets is still as low as 50p per point - one of the most competitive spread betting rates available.

From low spreads to iPhone spread betting, the Finspreads trading platform has your financial spread betting needs covered. To see what else it has to offer, visit http://www.finspreads.com/our_services/finspreads_trading_platform.aspx

* Spread bets are leveraged products placing your capital at risk, and are not suitable for everyone. Losses can quickly exceed your initial deposit, so ensure you understand the risks involved.

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Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk, Jonathan Smith / Alex Nekrassov, New Century Media, Tel: +44(0)20-7930-8033, Email: jsmith[at ]newcenturymedia.co.uk / alexnekrassov[at]newcenturymedia.co.uk

SOURCE Finspreads