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. |
| Taking some time off to do some spread betting |
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| Written by The Virgin Spreader | |
| Tuesday, 03 August 2010 11:16 | |
An interesting piece in the Financial Times about a Hargreaves Lansdown big shot who has quit to do some spread betting.
So it is always a brave move when someone decided to take on spread betting as a full time career. This morning The Financial Times reports that Hargreaves Lansdown’s online fund supermarket director Andrew Christian has resigned with immediate effect after 19 years with the company. The departure was amicable, according to the broker’s deputy chief Ian Gorham. Christian, who had run the group’s Vantage and brokerage operations since 2003, is taking time out to do some personal trading and currency spread betting. Can we assume he will be using the Hargreaves Lansdown spread betting platform? |
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| Last Updated on Wednesday, 08 September 2010 12:09 |
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.