Can you recommend a good financial spread betting site/company for a novice?

Question

Any recommendations for sites/companies? (uk based?)
Also any recommendations for free currency charts etc

Answer 1

Try Finspread.com, they have been around for some time, you can trade initially at a penny a point (others required higher bets per point) and they have some training material to get you started.

Free currency charts and share prices, etc. are available at your disposal too.

Answer 2

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Answer 3

It depends on your age, but the strategy is essentially the same, regardless of where you live. If you are young, you should have a mix of long term and short term investments, but mostly long term investments. The investments should be spread throughout the market so that if one company has trouble, you don't get "hurt". Talk with a financial adviser on how to do this.
The older you get, the more you want to move from longer to shorter term investments. For example, when you are moving into retirement, you still would want to have some money in long term investments for 20 years down the line, but still have some money invested for more immediate availability (because you need it for retirement.)

Answer 4

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Answer 5

Tradindex.com is a good company. They have a virtual trading platform, allowing you to 'paper trade' with a £20,000 account before committing any real money. It works exactly the same as a real investor account, making the transition from just playing , to doing it for real, nice and easy.

Answer 6

Have you considered trading in FOREX (international currency exchange) instead of options or spread betting?

In forex, the same $500.00 lets you trade $50,000 worth of currency and only 5 major currency pairs to choose from and no trading commissions.

I am making about 20% per month trading forex. There is even software available that does it all for you

For more information go to www.huttoinvestmentgroup.com and check it out.

Answer 7

Cmcmarkets, they are the one I use and they are good!

what you need to look for are:

real time quotes
low spread (commission)
real time news update
good indicators database
good charting software

and last but not least : a good customer service team!

You can find all these feature free at cmcmarkets..they are UK based.

Good luck

Answer 8

I personally would recommend finspreads

www.finspreads.com

you can initially trade for 1 penny a point if you join there "trading academy" and they send you a folder to teach you the basics

customer services seem A1 too so I would definately recommend them

Answer 9

I could introduce you to one brokerage company in Austria that allows to trade from same account currency trading (forex), commodities, metals and cfd on shares. Total 500 instruments available; spread from 1 pip. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years.

If you are interesting please pm or e-mail me (press on my name) and I provide you with further information.

Good luck!

Answer 10

You can make huge losses spreadbetting - losses are unlimited in many cases -

Stick to the GGs or the lottery if you want to gamble !