About Cantor Index Spread Betting
Written by mikeboffer on September 24th, 2007 in Investing.
Cantor Index is one of the leading online spread trading websites in the UK. Before we go on to discuss the unique features offered by Cantor Index, let’s examine the advantages of spread betting.
One key benefit offered by spread betting is that the investments are tax free*. Investors do not need to pay income tax, capital gains tax, or stamp duty. Looked at another way you can spread trade tax free* on commodities, forex, interest rates, bonds, shares, or indices.
In addition, there are no commissions to be paid or broker’s fees. Cantor Index Spread Betting provides credit facilities (subject to status), facilities for short term investing and the option of adding Stop Orders to your trades to help to reduce the risk levels. Sometimes they are also open for 24 hour trading even during the normally closed Friday evening and Sunday night. Always check with Cantor in advance should you need to use these hours as the prices can be wider and the markets you want to trade on may not be available.
Before you start investing, here are some that could help you:
• Do not jump straight into financial spread trading. Get as much financial spread betting information as possible and test your skills by paper trading, i.e. placing bets with fictional funds
• Try creating a spreadsheet and note all of your spread trades, use it to calculate your profits and losses as well as the potential upside and downside of your spreadbets. This can help you see both how much you can win and lose.
• It’s also worth having a look at opening a virtual spread betting account where you can use virtual credits rather than real money to get used to how the markets function (FinancialSpreads.com and Capital Spreads offer these)
• Do not rely on hunches and misplaced advice (Ed?). Treat your betting seriously. Study your intended markets. Put in a lot of planning and hard work. If you start treating your spread bets as sports bets and place trades without prior planning or looking at market trends you’re likely to come unstuck
• There’s nothing wrong with a balanced portfolio but do not spread trade on a range of markets for the sake of it. You are probably better off sticking to the markets you are most familiar. If you don’t know anything about the Gold market, then Spread Trading on Gold is less likely to keep your investment portfolio balanced
• Remember that the markets are volatile and that you have to be ready for fluctuations. Prepare contingencies and only trade with money you can afford to lose. If you are looking for an Account with Cantor Index – click here to apply for a Cantor Index Spread Betting Account .
For more betting tips, tactics and information on financial spread betting and information on where to open a financial spread betting account, log on to www.cleanfinancial.com.
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The author is a banking professional and financial Spread betting Expert. He writes on various topics including share dealing in Uk & spread trading strategies providing expert views about Online spread betting market, Why Spread Bet & Financial Spread betting Tips. |















