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Showing posts from January, 2020

IG Index and CityIndex - Top Financial Spread Betting Firms

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Many people whom are heavy into investing in the United Kingdom are undoubtedly familiar with the top dogs of the brokerage industry. In the Financial Spread Betting market two of the top competitors are CityIndex and IG. Both are highly regarded for the feature rich software programs, up to date monitoring system, and fast customer service response. One thing both of these companies have in common is that they are both regulated by the FCA (Financial Conduct Authority); both spread betting companies will only accept traders that are permanent residents of the United Kingdom. IG and CityIndex offer their customers numerous markets including; Currencies, Commodities, Bond Futures, different International markets as well as the UK, Europe and US markets. Both allow spread betting on Stock Indices as well as on individual shares. IG does offer more markets than City Index however, such as House prices and s and spread bets on Rolling Daily Indices. Both companies offer d

Binary Betting Know Your Maximum Profit or Loss

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Binary betting is rapidly becoming a popular trading avenue by spread betting enthusiasts. The ability to know the possible outcome at the beginning of the trade allows the investor to speculate how it may turn out but not know beyond a reasonable doubt, however they will know their maximum profit or maximum loss. Similar to financial spread betting, no taxes will be due at the end of the trade whether it ends up being profitable. To give abasic idea of how binary betting works one should think of it similar to a local 'bookie'. they make it understood what the spread on the upcoming football game is and the odds, a wager is placed and when the game comes to an end one finally knows the outcome. knowing the odds ahead of time, and what the maximum win and also the maximum loss will be makes it easier for one to make smart bets. This is basically how the binary bet works, the spread is always somewhere between 0 and 100. One should realize however, that prices on