MoneyAM Names City Index ‘Best Spread Betting Service’

By mosesbet · Filed Under Market News Comments Off on MoneyAM Names City Index ‘Best Spread Betting Service’ 

City Index has managed to win the Best Spread Betting Service award in 2011.  MoneyAM, the online hub for investors has named City Index for providing amazing spread betting services to the UK financial community. City Index has also won the Best Mobile Trading Platform two years in a row.

Chief Market Strategist of City Index, Joshua Raymond, announced that they are pleased and honored that MoneyAM regulars have voted City Index as the best spread betting service. He believes it is the dedication City Index puts behind upgrading mobile technology to provide to the needs of the customers is the reason for their recognition. City Index was also the first company to market a live trading app for iPhone and Android devices.

Spread betting is essentially a derivative product that allows investors to trade on price movements in financial markets. Currencies, shared and commodities are a part of spread betting. City Index offers many benefits of spread betting with them. The most profitable benefit of spread betting with City Index is that the profits made by a investor are exempted from tax and stamp duty.

City Index has dedicated much of their time to provide better online and mobile services to their customers. This enables investors to make transactions at any time of the day from any place as City Index allows 24 hours access all year round. This is very helpful to trade when the market is favorable. Investors also have the choice of selling or buying shares depending on the market movements.  Spread betting is one form of financial trading where good profits can be made even when the market is moving against the investor (you can read more about financial trading and spread betting explained articles at SpreadBettingBeginner.com).

Online spread betting with City Index will also open the field to thousands of shares, indices and commodities all over the world. This allows the investor to choose the right path to trade from any convenient location and round the clock.

Spread betting is considered as a leveraged product and only a small margin of your total worth will be used as a deposit at City Index. The margin can range from 1% to 10% depending on individual circumstances. This allows larger percentage of the profits to be used by the investor and not just the middle man. Log on to CityIndex.co.uk and join City Index to trade for profit despite the unstable market conditions.

 

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