The possibilities of spread betting are obvious, but getting started is often daunting for the first-time trader. The process of placing a bet can seem very different to buying and selling shares, bonds or funds, requiring you to learn a whole new world of jargon. So in this article, we’ll take you through how a typical spread bet works.
Our first trade
We could bet on anything from Apple shares to the price of zinc, but we’ll start with something that any British investor will be familiar with: the FTSE 100 index. This stands at 6 [...]
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