Question by Steve T: Best economic announcements/events calendar?
I have started financial spread betting. Just wondering where i can find the latest economic data? I have seen a couple of economic calendars, but just looking for the best one.
Thanks!
Best answer:
Answer by Robert M
I like briefing.com
Know better? Leave your own answer in the comments!
Question by William M: Which out of currencies, commodities or shares am I best to start spread betting with for a living?
I have just applied for a live spread betting account with capital spreads and I’ve been practicing with them also with their demo platform. What I have discovered is that I’m quiet good at trading currencies and commodities and only good at shares with information on companies, but thats illegal – isn’t it?
What I would like to know is, if I am to do spread betting for a living, what is the best market I could trade out of currencies, commodities, stocks, bonds or interest rates? Please help/advise me here if you can. Thanks. Please, I really need your help.
Best answer:
Answer by agent4927
FX because the market is so big and liquid. Cable (GBPUSD) and Fiber (EURUSD) because those pairs have some of the greatest volatility.
Out of commodities – oil has the greatest volatility and therefore potential to make profits from if you can find a suitable strategy for it.
Shares are harder to trade on an intraday basis, which is what spread betting is geared up towards.
Yes insider trading is illegal – why mention it on here? Not sure if that is really what you have been doing, there is nothing illegal about getting info on companies provided it is not linked to financial information ahead of results being released.
Know better? Leave your own answer in the comments!
IG Index voted Best Spread Betting Service – Again
(PRWEB) December 2, 2009
IG Index, the UK’s leading financial spread betting firm, receivedy et another accolade this month with the annual Shares Magazine Awards affirming the company’s position as the Best Spread Betting Service. Voted for by the readers of Shares Magazine, IG Index also collected the award for Financial Provider of The Year, making it the only organisation to receive multiple awards on the night.
Tim Howkins, Chief Executive of IG Group, commented: “2009 is shaping up to be yet another memorable year for IG Index, with clients continuing to rate us highly for the reliability of our trading platform and the breadth of our offering. We look forward to building on this success in 2010 and beyond.”
These awards follow on from IG Index’s success in a recent study undertaken by Investment Trends. The unique survey of several thousand current and prospective financial spread bettors revealed that 30% of active clients have IG Index as the provider of their primary account, positioning the company as the clear market leader.
Having pioneered financial spread betting in the 1970s, IG Index has always been at the forefront of industry innovation. The company recently became the first retail derivatives firm to connect to alternative liquidity providers such as Chi-X Europe and Turquoise, ensuring that its clients have access to the widest possible range of prices and offering tighter spreads on over 1000 European equities.
About IG Index:
IG Index is the world’s leading financial spread betting provider, offering clients the ability to spread bet on over 7000 shares listed on markets worldwide, along with indices, forex, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 800 people and has offices in 10 countries worldwide. For further information please visit http://www.igindex.co.uk/spread-betting/about-us.html or call +44 (0) 20 7896 0011.
###
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Question by John T: Need advice on where to learn Day Trading & Spread Betting & best home software in the UK?
I wish to start day trading and spread bet on currencies and financial indicies at home. But I am a novice despite reading on the subject. I suppose I need to know if there is a place in the UK where I could go for hand-holding exercises until I get confident.
Best answer:
Answer by pub_bore
you could just send me all your money instead, it would be quicker!
Suspect that if it is in a book it will fail because of the pump & dump scam. The successful traders will know about such methods and will deliberately game them, thereby helping themselves to your money.
Other than that, stick only to volatile stocks, and good, er, luck!
Give your answer to this question below!
Capital Spreads has tighter spreads on most products but this is only very important to high frequency traders. If you use spread betting as a tax efficient way to hold shares then the spread isn’t that important. You may have say a dozen stocks you hold and roll them over once every 6 months giving you 20-30 trades a year.
Negatives of Capital Spreads -:
- Capital Spreads website can be slow to load, which can be very annoying.
- Capital Spreads have a tendency to freeze and lag.
- Capital Spreads website is ugly and doesn’t look as professional as IG Index.
- Capital Spreads does not offer as many products to trade.
- Capital Spreads often re-quotes prices saying the market has moved, I haven’t had that with IG yet. Not sure why CapitalSpreads does this, is it the ping to the server? Is it their tighter spreads? Not sure but it is annoying and sometimes exasperating to the point to almost make you want to leave it and go to the higher spread IG Index that doesn’t re quote as often.
As I said CapitalSpreads have tighter spreads and it is definitely a good thing to be cheaper than IGIndex. Looking at IG Index – they charge you 2 pips to trade the FTSE while Capital Spreads charges you only 1 – that’s double the spread!! Their spreads are much more competitive on shares too.
However, having said that service and quality of the trading website are important as well and there IG has the edge. I’m sure that if Capital Spreads can improve their website to match that of IGIndex then they could steal a lot of business away from IG index.
Another important part of a growing industry like spread betting is the need to advertise. As far as I can see Capital Spreads doesn’t advertise much at all while IGIndex does.
However, Capital Spreads use a different (and probably a much more cost-effective strategy) their offering – they use partners like Tradefair, PaddyPower, etrade, Saxobank…etc to acquire the customers for them. Although, I’m seeing lately that Capital Spreads are becoming more aggressive – they are advertising on ADVFN and newsletter insertions.
One thing is for sure Capital Spreads is already bigger now than some other spread betting providers who have been in the industry for over 25 years and that’s a remarkable achievement.
I review spread betting sites like IG Index, ETX Capital and CapitalSpreads so you know which sites offer the best experience for you to spread bet at.
(Feel free to use this article online and in your email newsletters as long as you leave it intact and do not alter it in anyway. The byline and biography must remain in the article).
Article from articlesbase.com
Question by deadcat: What is the best financial spread betting system?
Best answer:
Answer by Steve B
Any and none ..
Check out the various offerings and choose the ‘best’ user interface that suits you.
NB> ALL offer them offer essentially the same odds (although occasionally they might offer slightly different spreads) .. if they didn’t you could ‘offset’ one against the other for a sure ‘win’ ..
PS It’s very easy to loose your entire account betting .. NEVER bet on credit, no matter what they offer you …
Add your own answer in the comments!
Many spread betting companies offer discounts, credit, cash incentives, and bonuses when investors begin an account through their business. When looking for different companies, investors and traders should look for companies that are affiliated with the FTSE Index commission in the United Kingdom. These type of companies offer legitimate and well informed providers who will match any margin with a 500 pound bonus to start an account through their company.
The FTSE Index group has over 6000 companies that are listed on their roster as the most favorable companies to invest and trade with. Investors can make a spread of 10,000 pounds and receive a 500 pound bonus deposit. Spread betting companies offer a wide assortment of markets for investors and traders to work with.
Most companies will have no fees through brokers or commissions to pay when working through their providers. These companies also allow traders to trade over a twenty four hour period seven days a week. The profits made from spread betting are non taxable and free from stamp duty. Traders can create many accounts that include FX, indices on trades, and shares.
The best spread betting companies will also offer tight spreads and low rates on margins. These companies will have tools that will help traders to profit during crucial market decisions by giving them the top resources that will give them the knowledge in becoming a more educated trader. Through the expertise of the providers traders will get the most from capital gains from all markets on a global scale.
FTSE Index companies will also provide the latest news on market trends and web courses on the general aspects of successful investing and trading. The markets that traders work through will give 1 point and 2 point spreads with a less than one percent share through the FTSE company, as well as other major market shares.
The platforms used for trading are reliable and fast with access to thousands of different markets at their finger tips. Traders will also receive free charts that are given in real time, trading histories, and portfolios for all trading markets, so that traders can make the best and informed decisions.
Tim Watson has over 10 years of experience in online betting and trading, and has been writing on Financial Spread Betting for the last 5 years. Tim is a member of the LS Trader Group, which is is a leading financial spread betting information service, which provides information on 43 futures markets. The system is perhaps best known for the outstanding returns generated in 2008 where the system produced profits of 1504.1%. Tim writes exclusively for LS Trader at www.LSTrader.co.uk and gives regular updates on the latest online investing tips.
Article from articlesbase.com
