Spread Bet with Free Online Trading Tools at City Index

LONDON, March 22, 2012 /PRNewswire/ --

Spread betting with City Index provides traders access to a suite of professional trading tools and platforms across their vast spread betting and CFD offering.

Such trading education resources as these can potentially maximise your profit potential in the marketplace.

By gradually building up your spread betting confidence - through a range of comprehensive webinars, seminars and educational guides - traders can enhance their financial knowledge and this can be imperative to managing risk as part of their trading strategy.

At City Index, not only are the above resources free but you can also access free online tools such as a demo trading account.

Trading Tools

Webinars and Seminars

Improve your spread betting knowledge and trading expertise, through various trading tools to suit you and your learning style.

All webinars are hosted via the City Index website and can be accessed at your leisure without the need for a City Index spread betting account. All you require to start learning is a computer with a broadband connection.

At City Index's head office in London, you can attend free weekly seminars. Here you will have the opportunity to trade risk-free under the guidance of their team of experts using their trading platform, and liaise with fellow traders.

Topics covered through the City Index seminars include:

• Introduction to spread betting
• Risk management
• Using technical analysis, etc.

New traders can learn about technical analysis using candlestick patterns for short-term trading strategies and much more.

Demo Trading Account

A demo trading account allows you to spread bet and trade CFDs for free, prior to opening a live trading account and placing your first trade.

At City Index, they understand that as a new trader, it can be a rather daunting experience - as well as risky without practicing and familiarising yourself with the trading platform first.

For two weeks, you'll receive unlimited access to your free demo trading account, where you can trade live market price movements with a virtual cash balance of £2,500.

Other key features of the City Index demo trading account include: 

• Free and unlimited access to the trading platform for two weeks
• Virtual cash balance of £2,500
• Spread bet and trade CFDs from a single platform
• Access thousands of markets, including indices, shares, currencies and commodities

Summary

Traders new to spread betting are advised to regularly set aside time to check their positions and manage their City Index spread betting demo account. Through this, they should aim to achieve a greater, more realistic, understanding of spread betting.

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.