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New to Spread Betting?

Here's what I advise to trade

Last update : July 2010

I would suggest you trade what you're familiar with. And for most people this will be stockmarket indexes such as the FTSE 100 alongside individual shares.

The stock indexes will probably be more volatile and will require more capital to trade than shares. For example, the minimum bet per point on the FTSE is normally £1 (although some brokers require £2) and the index regularly moves 50+ points in a day. But many shares such as Vodafone normally move less than 10 points a day.

Plus, when you're staring out make sure your keep your bets as small as possible for the first few months. The markets will always be there so don't make the mistake that many make and jump in at the deep end. Do this and you're odds on to lose a significant proportion of your account.

The importance of getting the right spread bet broker
There are good spread bet brokers and bad ones. Having a good broker won't guarantee you profits but a bad broker will probably lead to losses as a combination of their gamesmanship and suspect software takes its financial toll.

So who do I recommend? Simple, the 2 brokers I personally use for my own spread betting. Read this page for more details.

FREE Report - How to Learn Spread Betting and Prosper
How to build the all-important trading experience
Where to get trading help and advice
Which broker to use and why
Simple 2 month training plan to follow
Download the FREE report
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