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Spread Betting Part-Time - How You Can Trade the Markets

LONDON, April 2, 2012 /PRNewswire/ --

Spread betting with City Index has opened up multiple opportunities for those outside of the trading floor.

Nowadays, you can trade over 12,000 markets from home, or on holiday across a range of professional trading platforms from City Index.

Rise in Popularity

In the past decade, spread betting has become increasingly popular following developments in the online and mobile industries.

Spread betting itself has made a significant impact on one's ability to speculate on the financial markets outside of your standard stockbroker, whilst online and mobile trading platforms have had an almost linear impact on how trading is conducted outside of the trading floor.

Such alternatives as these, can offer great advantages for private investors by way of limiting broker costs and having easy-access to financial market information, news, tools and education through a web and mobile based trading platforms.

Technological Evolution

The evolution of faster and more efficient broadband and FireWire connections have further strengthened online and mobile trading; enabling traders to capture real-time movements through their respective platforms.

Joshua Raymond, Chief Market Strategist at City Index, has worked in the industry for a number of years; he states that the difference between the early days of the spread betting, to today, is quite remarkable: "Today, people can take a view on a financial market albeit equities, commodities, indices and many more all from the comfort of their home or mobile phone,"

Adding: "They don't need to be market analysts or mathematicians. All they need to do is pick a market, take a view and place a bet. The ease of doing this today has been revolutionary to where the spread betting industry started."

Talking about the rise in online trading platforms, Mr Raymond says that they have become 'more proficient and professional' and allow spread bettors to 'access live and secure trading platforms, anywhere in the world, [whilst] managing their positions through a multitude of orders and even trade on the move via their mobile phones'.

Trade on the Move

The award-winning City Trading mobile app from City Index is available to spread betting and CFD trading account holders using iPhone, Android and Blackberry devices.

It's free and easy to download from:

  • App Store
  • Android Marketplace
  • Blackberry App World

The City Trading mobile app enables you to check the latest prices and market movements - instantly - whilst opening and closing positions and accessing a live streaming charting package.

Other benefits include:

  • Set stop and limit orders including if done and OCO (one cancels other)
  • Create new or amend existing orders
  • View your pending, completed and cancelled orders
  • Monitor your positions using our unique positions chart
  • View and amend multiple Watch Lists
  • Review trade and order history
  • Be confident that all your information and transactions are secure

Summary

The City Index spread betting account could be an ideal choice for those looking to access over 12,000 financial markets. Trade from wherever you are, whenever you want.

It is imperative that you remember, as a leveraged product, spread betting 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. 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.

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