This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Top 5 Spread Betting Tips For Trading Forex By The Spread Bettor

LONDON, April 23, 2012 /PRNewswire/ --

Spread betting on the future price movements of a currency pair offers multiple benefits to traders both new and experienced; from tighter spreads to greater leverage, allowing for substantial gains from small movements in the market.

The following guide offers an overview of the foreign exchange market, as well as our top five spread betting tips.

Spread Betting Tip: Research

Forex, also referred to as foreign exchange or simply FX, is one of the most traded financial products.

It provides attractive opportunities for traders, even during volatile market conditions.

For many traders, spread betting offers an affordable gateway into the world of stocks, shares, equities and currencies - such as forex.

Spread betting with City Index requires you to deposit only a small percentage of the total value you wish to trade, allowing you to trade across a wide range of major and minor currency pairs.

Spread Betting Tip: Strategise

Consider a plan including your personal profit goals, maximum risk allowance, trading strategies and evaluation criteria.

Trading on impulse can heighten you risk profile, leading to potential losses, so a solid plan and spread betting strategy will help you to prevent heat of the moment decisions.

Spread Betting Tip: Analyse

It's important that before you begin to trade you're familiar with both technical and fundamental tools so you can trade more effectively.

Preparation for potential movements in the market based on trends and/or news as well as learning your best approach to gain a more comprehensive overview of each currency pair.

The live markets are influenced by global, social and economic events so to be in a much better position opening new trades or exiting positions; follow daily events. If you hear about a trade of interest, do your own research making sure you're taking a self inspired view rather than one based on rumors.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs