A spread betting system is a requirement for all investors involved in spread betting. Almost every spread betting firm offers investors a spread betting system to be used whilst making financial trades.
A spread betting system is a software program which uses mathematical algorithms to predict market movements and signal trading actions. The system is mostly free to all account members and traders will input the markets one desires to trade into the software program. The spread betting system monitors the stock market movement of these markets and is programmed to identify entry and exit points for traders. When these points are near, the spread betting system sends a signal to a trader that trading action is required.
The spread betting system is a necessary component of trading because it performs the market analysis for investors. This is one of the most critical pieces to trading in order to minimise one’s risk. The software program performs this for the trader which also improves the chances of making winning trades. The chance for greater profits is due to the fact that the spread betting system has been backtested to verify its reliability on analysing the stock market.