Spread Betting Companies

You can try the following UK spread betting companies, some have a virtual trading account which you can try before putting real monies into the account. You need some ID/documents to open an account with them.

Some spread betting websites have higher spreads, while others have lower margin requirement. Some betting websites have ability to place trade, close and take profit all at the same time as when you place an order. You need to check which one suit your requirement best.

  • www.gkfx.co.uk -----This is the first UK that provide spread betting on Meta Trader 4, free software download platform on pc where you can trade using Expert advisor(automatic trading software). It has a web based version as well as a smart phone app. They have a demo account where you can practice. You can trade from 10p (0.1 lot).

    When you register, mention my name as Wai Hau on the application form where it says " Where did you hear about US". You may be able to get up to £300 loss being reimbusred on the first month of trading.

  • www.capitalspreads.com --- It has a virtual trading account which you can try before putting real monies into it and there is no time limit. It even has charts with ability to draw lines and technical analysis indicators. The FTSE 100 SPREAD is 1 inside trading hour which is a lot better than other companies.

  • www.etxcapital.com ---Minimum bet from 50p per point. You can switch between it's permanent virtual trading platform (no time limit) and real trade.

  • www.cityindex.com

  • www.finspreads.com --- You can trade from 1p per point for the 1st 8 weeks, then minimum bet is 50p per point.

  • www.cantorindex.co.uk

  • www.cmcmarket.co.uk--ask for Marketmaker trading software as well. If you trade from home, use this spread betting company trading software to draw the fibonacci retracements line to whatever % levels you want, like 161.8, 261.8, 78.6% etc. Remember a few fib retracement levels I showed on a few pages. That's what I used.

  • www.igindex.co.uk ---Minimum bet starts from £2 per point.

Don't forget use buy /sell stop, limit order for your entry and exit of the trade. And don't forget the important stop loss!.

If you are American, due to American law, spread betting is not for you. If you are unemployed and /or do not have money you could afford to lose, then spread betting is not for you either. Don't forget to read the disclaimer.

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