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Written by Trader Hideout Editor
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Sunday, 08 February 2009 11:31 |
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As with any up and coming movement, there will always be a number of options available with the same number of competitors battling it out. There is a tendency to research this by way of recommendation or hearsay, investigating these yourself will ensure you opt for a provider or platform that it is right for you, we all have different needs and spread betting companies will all offer different choices.
CapitalSpreads seems to be the most popular at present. It is a division of the London Capital Group and is authorised by the Financial Services Authority as well as being a member of the London Stock Exchange; this implies it has strong financial characteristics and has solid financial backing, always something to consider when you are taking a risk with your finances. CapitalSpreads has a unique trading simulator which allows you to try before opening an account with them, followed by a Customer Account Management System (CAMS), which provides the customer with an easy to use, understandable structure to controlling the margin on your account. Alongside CapitalSpreads there are several other companies offering similar platforms, Cantor Index however have recently introduced that little bit extra for customers where they can spread bet on US box office potential; that really shows the diversity and inventive route that spread betting is taking on. As with any consumer product, finding what is best for your own personal needs will require some shopping around.
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