financial:
Financial spread betting is one of the most exciting and potentially profitable ways to trade the world’s commodities, currencies and stock markets. No longer is trading the FTSE or Crude Oil restricted to market professionals.
You too can get in on the action with Spreadex and you could profit from your predictions of rising or falling prices in a huge range of markets. Spreadex offers a two-way spread with a bid and an offer price based around the live market price. You can simply go long (buy) if you think your chosen instrument is going to go up, or go short (sell) if you think it will fall in price.
How much you win or lose depends on how right or wrong you are and what your stake per point is. Get it right, and the further away from your buy or sell the instrument goes the more profit you make. Get it wrong, and the further it goes the other way the more you could lose.
You can set stop-loss orders to limit your risk and profit limit orders to close a trade at a specific level to realise a profit.
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