Spread-Betting.org Expands the Number of Spread Betting Firms it Compares
The financial trading website, Spread-Betting.org, has increased the number of spread betting companies it compares. The firm say that they moved to increase the number of companies in response to the growing popularity of spread betting.
Spread betting is an increasingly popular way of speculating on where the financial markets are heading. There are a variety of reasons for its continuing rise in popularity.
Some trading experts will point to the ongoing financial issues across the global economy. With the debt crisis within the Eurozone showing no signs of abating, the financial markets continue to be even more difficult to predict than they were several years ago. Consequently, many traders are looking for new ways in which to speculate on the financial markets.
Others will comment on the fact that spread betting, often known as spread trading, is tax free*. Trades are exempt from stamp duty, capital gains tax and income tax.
Of course, there are other reasons, such as the range of markets available (investors can spread bet on share prices, forex rates - http://www.spread-
Determining which of these factors is the most important will often come down to the individual trader. Nevertheless, one thing is for certain: the derivative is gaining popularity. That's why Spread-Betting.org has increased the number of spread betting companies which it compares.
"We've spoken to a lot of spread bettors," said Maxine Price, editor at the website. "Many of the traders and investors that we talked to told us that choosing the right spread betting provider was often a difficult task. That's why we have increased the number of spread betting companies which we compare."
For each company added to the comparison tables, http://www.spread-
They also go on to look at whether the company offers risk management tools such as Stop Losses and Guaranteed Stop Losses. On top of all that, they also offer in depth reviews of the service provided.
"The ability to compare more companies should, in theory, give users more choice, which will hopefully reduce the cost of trading. That's why we've made this move, and why we're looking forward to introducing even more companies in the future," added Price.
Spread-Betting.org is a financial trading website based in London, UK. The website offers technical and fundamental analysis across a range of financial markets including forex, stock markets and commodities markets.
Companies like FinancialSpreads.com (http://www.spread-
* Based on current UK and Irish tax law, this might differ or change depending upon personal circumstances.
Spread betting is a leveraged form of investment and involves a high level of risk. Investors can lose more than their initial deposit. Spread betting may not be suitable for all investors so seek independent advice.