If you want to try somee spread betting then your best bet is to look for companies in the UK. Financial spread betting is very popular in the UK. In the US they have options but spread betting is how a lot of trading is done here.
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. Even though most brokers all you to bet on companies from the FTSE350, the smaller companies tend to have a larger spread. Make sure you know the size of the spread before you start.
A further option you have is spread betting UK indices. The most traded is the FTSE100. This is the most liquid of the indices traded in the UK. You don’t have to restrict yourself to the UK. You can invest in many indices from all over the world. In fact nearly every country in the world. As with individual stocks, the spread are tightest in the more liquid markets so look our for that.
Have you ever wanted to trade commodities? Yes it does sound exciting doesn’t it? It is the volatility in the market that generates the excitement. That can be a great advantage to traders and large swings in price can lead to large 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?
