PRN: Spread Bet the FTSE 100 With our Easy to Follow Guide
Spread Bet the FTSE 100 With our Easy to Follow Guide
LONDON, May 4, 2012 /PRNewswire/ --
Start spread betting the FTSE 100 index regardless of whether it rises or falls with spread betting and CFD trading provider, City Index.
Spread Bet with City Index
Before you start spread betting on the future price movements of major indices such as the FTSE 100, Wall Street index, Germany 30 and France 40 - you first need to look at which spread betting provider is right for you.
Through City Index, you can trade over 12,000 financial instruments for a small initial deposit between only 1% and 10% of the underlying market's total value.
This enables a level of access otherwise unobtainable through more conventional forms of share trading.
Giving you the edge above others in the market; their professional mobile trading app - City Trading™ - means you can stay up to date and take a position on the latest price movements from virtually anywhere.
How to Spread Bet the FTSE 100
You can take a position on the UK 100 DFT (based on the underlying FTSE 100 index) with your City Index spread betting account - with the added potential to net a tax-free* profit.
Regardless of whether a spread bet market rises or falls; there is potential for profit due to its 'go long' and 'go short' feature.
Profit from a falling market
If you believe a market, such as the UK 100, is to rise - you go long and buy.
Alternatively, if you think it will fall - you go short and sell.
For every point that market moves in your favour, you will net a potential profit. However, for every point it moves against your position - you will net a potential loss.
Spread betting, CFD trading and FX are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
* Spread betting is exempt from UK stamp duty and Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
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. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, financial spread betting.
We constantly look to improve the performance of our platforms and expand our range of services. The result is our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support. Visit http://www.cityindex.co.uk/ for details.