Spread Betting Companies

The UK and Europe have a number of established betting companies. They all offer something different in terms of accounts and spreads. Some firms are regulated by the Financial Services Authority.

When choosing a firm, pick one that is backed by reputable bookmakers. This is important for bettors as it serves as protection of money.

Different companies are suited for different trading opportunities. Some betting companies focus on the sports spread betting markets. Other companies are fully involved into financial spread betting.

Some companies cater to professional traders rather than newer ones. The reason for this preference is because of the markets and accounts. Each company offers different elements and some are more advanced.

Criteria to Look For

In looking to hire a betting firm, one needs to consider many things. One will want to consider how a betting firm is backed and secured. One should evaluate types of trades and markets and experience.

Below is a short synopsis of various spread betting companies. Keep in mind this list is not inclusive of spread betting firms. One may find a company not on this list that best meets one’s needs.

IG Index is one of the longest standing spread betting companies. Founded in 1974 it has 500 employees and offices throughout Europe. They began trading Gold, but offers spreads on many financial sectors.

These financial sectors include those from the FTSE to housing prices. They offer two different types of accounts and one is credit based. The IG platform is user friendly and shows markets in real time.

City Index is another long standing company dating back to 1983. They offer a range of betting spreads and includes worldwide markets. These include commodities, individual equities, and currencies.

Financial tools and packages are available to account holders. They also receive updated timely market and trading information. Recently, City Index banned credit accounts, but offers cash accounts.

The trading platform by City Index is very easy for traders to use. Another change of City Index is the minimum stake limit is now £0.50.

Internet Trading with CMC

CMC was first to start real time Foreign Exchange Internet Trading. Since this service, CMC is one of the largest Internet trading firms. CMC now trades billions of dollars a week on foreign exchanges.

ShortsandLongs launched its Internet spread betting site in 1999. They offer competitive tight spreads and are regulated by the FSA. This spread betting firm offers financial products only for traders.

ShortsandLongs has free guaranteed stop losses for all trades. They also only deal with standard accounts held by spread bettors. A standard account means no credit is given to the spread bettor.

This firm only deals with traders who have a UK residential address. They have fast execution of trades and offer rolling spread bets. These are things to consider when selecting a spread betting firm.

Many spread betting companies are available for online trading. You can find out more about them by researching them on the Internet. To find information one may read reviews written by account holders.

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