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There are many ways you can get involved in trading. One derivative strategy that is very popular among traders looking for increased flexibility trade both sides of the market is spread betting. This is a method that can see returns amplified even on small market moves.
Spread betting on the forex market and more is typically available from many of the top forex brokers depending on your location. This usually comes along with a dedicated spread betting platform. Here we take a closer look at some of the best spread betting platforms you have to choose from and the brokers who offer these platforms.
Avatrade is another top forex broker who offer spread betting to UK and Ireland based traders. With this Irish broker you can count on the most secure trading environment, trusted regulation around the world, and the backing of one of the most respected trading platforms in the industry to spread bet with.
The spread betting platform offered by Avatrade is the renowned MT4 trading platform. This offers a hugely customizable trading experience alongside an ease of use and level of robust performance that is unrivalled across the sector. The platform is still one of the most popular with traders new and experienced in trading having been around for almost 20 years.
Here you can easily engage in spread betting across more than 200 markets and at a very low entry cost. Avatrade facilitates spread betting from just $0.10 per point on some assets. This makes it one of the most popular brokers and trading platforms for those new to spread betting. As an experienced trader MT4 also provides for dozens of charting tools, indicators, and other features to help you gain important market insight.
Warning: Trading Forex/CFD & Options on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite.
CityIndex was founded in 1983. This makes it one of the longest-serving brokers in the entire sector. With so much experience as you would expect, CityIndex provides comprehensive spread betting opportunities to many traders. This is offered through the equally respected MT4 trading platform.
As a spread betting platform you can expect the same great performance and service from the platform as they deliver for CFDs trading. The platform itself is extremely accessible and allows for almost complete customization of charts and tools that are fully integrated with many more that can be added. This provides a trading experience that can be as simplified or detailed as you require. It is also one of the easiest trading platforms to run, being able to function on almost any device.
The MT4 platform for spread betting is also available on mobile with CityIndex so you never miss a move on any of the hundreds of available assets. The minimum deposit to get started with spread betting at CityIndex is also very low at only $100.
Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.