Compare Spread Betting Companies
| The zero-point spread is here |
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| Written by The Virgin Spreader | |
| Wednesday, 08 September 2010 12:07 | |
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WorldSpreads launch a new zero spread option in an increasingly competitive spread betting environment. This should of course is a good thing for the retail client, and offers insight into why a typical spread betting client is rather promiscuous with the number of spread betting providers they use. The Investment Trends report into the spread betting scene published last year made a point of how many active spread bettors have several providers. One of the reasons for this is certainly linked to all the generous deals one can find - be it £300 introductory deals, loss cover etc. And in this tradition WorldSpreads have now gone and introduced a Zero Spreads offer - that is you can spread bet on ten given markets without having to give up a spread. It's free spread betting and apparently represents the first such offer. You do need £5000 in your account though, a move that will eliminate the small fry. The financial reasoning at WorldSpreads is that the offer will give them further exposure, and those clients that do trade the Zero Spread markets will yield income when they stray from those ten markets. What is next I wonder. |
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| Last Updated on Thursday, 23 September 2010 10:00 |
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.



