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10 pips

10Pips - forex trading

Thursday, September 10, 2009

Why spread bet?

When you open a spread betting position, you simply speculate on whether you think the markets will move up or down. This means that the more a price moves in your favour, the more money you make; the more the price moves against you, the more money you lose.
Leverage (or gearing) enables you to open positions against relatively low deposits so you don't have to put down the full transaction value. You should, however, note that this magnified exposure also means you can lose more than your initial outlay.
To avoid open-ended liabilities we offer a full limited risk service. You can pay a Controlled Risk premium to guarantee your bet is closed out at a specified level if the market moves against you. This doesn't place a cap on your profits, which are potentially limitless.
IG Index offers competitive spreads on an exceptional choice of shares, plus indices, forex, commodities and more. You can trade a number of different financial products on one account and our deal sizes are flexible so you can bet in amounts which feel comfortable to you.
At IG Index we are committed to providing narrow spreads on all our products: from just 2 points on major indices and 0.1% per side on major shares. For example, our forex spreads start from 1 pip on EUR/USD and USD/JPY. And remember, our dealing spread is the only charge you pay.

1 comment:

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