PRN: Spread Betting With an Online Trading Platform
Spread Betting With an Online Trading Platform
LONDON, March 9, 2012 /PRNewswire/ --
Spread betting with an online trading platform makes trading the financial markets highly accessible and also allows investors to trade opportunities as they arise.
By accessing your spread betting account online, you can trade from home, work - even on holiday.
Often compared to conventional trading, financial spread betting is fast growing in popularity. An attractive alternative to traders due to the ability to profit from a market falling, by short selling, as much as it rises, spread betting is also presently free from Capital Gains Tax (CGT) and Stamp Duty in the UK*.
Below, we provide a brief overview of how you can spread bet using an online trading platform.
Online Trading Platform
Traders with a City Index spread betting account have access to their online trading platform which offers a wealth of information and sophisticated trading tools to help them to maximise their trading potential whilst also allowing them to make the most out of market movements, the moment they happen.
With the browser-based online trading platform, you can:
Displaying clear and relevant information via a simple and easy-to-use interface, traders can utilise the online trading platform to get to grips with the concepts of technical trading quickly and easily.
This is made possible through a powerful and interactive charting package and a suite of charting tools and technical indicators which provide all the information a trader needs to plan their trading.
Â Spread Betting
Offering an easy entry level into the financial markets due to its low margin feature and high leverage, spread betting allows traders to go either long or short, opening up the opportunity to profit from a market that falls as well as rises.
The aforementioned high leverage allows traders to deposit just a small percentage of the total value that they wish to trade; increasing exposure which could potentially magnify profits.
However, should the market move against their position, a leveraged product such as spread betting can also result in losses greater than the initial deposit, making risk management imperative to a trading strategy.
Other key features include:
*Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, UK tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
Spread betting with City Index is a highly accessible form of trading both practically - through an online trading platform - and potentially financially due to its low margin feature. Trade from a browser wherever you are with an online trading platform.
About City Index: