If you are looking to spread bet then the best place to do it is through UK companies. The UK is at the forefront of spread betting in the financial sense. The US has options trading, in the UK they have spread betting.
What sorts of bets can you make in the financial markets then? Well firstly there is spread betting UK stocks. All the stocks in the FTSE 250 are very easy to bet on. Most companies allow the FTSE 350 but the spreads on these tend to be a bit larger. Ensure that you know exactly what the spread is before you trade.
A further option you have is spread betting UK indices. The most popular of all is the FTSE 100 and this is by far the most liquid of the indices in the UK. You don’t have to restrict yourself to the UK. You can invest in many indices from all over the world. Nearly every country of the world in fact. The same is true for indices as well as stocks, more liquidity equals tighter spreads.
Ever been excited about the thought of trading commodities? Yes it does sound exciting doesn’t it? What causes the excitement is the volatility in these markets. That is a great benefit to you as a trader. Big swings in prices can mean big profits. Be careful though, big swings in the opposite direction can lead to loses too. Learn to trade what the market is doing and make use of your stop loss triggers.
A market that always gets a lot of press attention in the foreign currency market. Everyone plays the foreign exchange markets prior to going abroad on holiday. If you are thinking about making large profits or just hedging then spread betting UK sterling against a stronger dollar maybe what you need. You can trade in almost all currency pairs there are.
There are lots of spread betting UK companies out there that offer dummy or practice accounts for you. Why not give it a try and see what you think?
