Compare Spread Betting Companies
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The Spread Betting Comparison Chart gives insight into the various providers according to the value added services they bring their clients.
Be it market updates, iPhone App's, customers support, technical tools - they judge the providers according to the effort they have put into their offerings. |
| Forex spread betting: EUR CAD in focus |
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| Written by Will Peters | |
| Friday, 30 July 2010 08:54 | |
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We bring those looking at forex spread betting a roundup of technical views on the forex markets.
Based on the signal Delta suggest EUR CAD is a Buy at 13558 with a Stop being placed at 13415, with an initial target set at 13823. Moving Average Convergence-Divergence Indicator (MACD) work well in trending markets as it is a traditionally lagging indicators which becomes a momentum oscillator. The “Achilles heel” of this crossover system is that you get a lot of false (ie losing) signals in choppy markets. So anyone looking to get involved in forex spread betting on such a basis should take into account the nature of the market at present. Forex Yard, the online forex trading providers give the following insight into the more popular pairs: EUR USD
GBP USD
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| Last Updated on Friday, 30 July 2010 08:56 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
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Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.