Find the Best Spread Betting Firms, Reviews and Guides for New Traders

    SHEFFIELD, ENGLAND, May 12, 2011 /24-7PressRelease/ -- The spread betting market has grown rapidly in the UK, with around 30% growth per annum at companies such as Tradefair (2008) and Capital Spreads.

When choosing a spread betting company it's best to have as much information as possible on them including positive user reviews and guides for how to open an account. SpreadBettingPlatforms.org offers a wealth of information on helping traders and beginners find the perfect online trading platform. You can visit the homepage of the site here http://www.spreadbettingplatforms.org

When choosing a broker, the differences between spread betting companies today can be massive. Depending on what type of trader you are, your bankroll, which markets you plan on betting on and how experienced you are, the different companies can offer you a completely different user experience.

For example, if you're a complete beginner to spread betting than you'll definitely want to register an account on a spread betting demo. Spread betting demo accounts allow you to trade on a simulated trading platform without having to risk any of your own money or investments. The beauty of demo accounts is that they give you up to GBP10,000 in virtual cash to trade with. You can then use the latest spread betting platform features such as editing stop-loss and limit orders, analysing your exposure, using technical analysis tools such as MACD's in order to speculate on price levels or you can see how the latest fundamentals news (wired from Reuters) can affect the market in general.

In order to learn more about live demo platforms than you can visit this page http://www.spreadbettingplatforms.org/spread-betting-demo-accounts/ It not only explains the advantages of demo spread betting accounts and how to sign up, but also provides information and guides on the best demo accounts. At City Index for example, the demo account only lasts 2 weeks before you'll have to upgrade to a live account, while at Capital Spreads and Tradefair you can use the demo account indefinitely (giving your more experience and time to learn how to trade). You might also decide that it's worthwhile taking advantage of new trading bonuses (http://www.spreadbettingplatforms.org/spread-betting-bonus//) such as these here. Tradefair for example offers a GBP100 bonus for new traders that deposit GBP250 and open five non-equity trades.

Other factors which can determine the quality and user experience of a spread betting broker is the margin requirements, software, customer support levels and the size of the spreads. Capital Spreads is widely regarded as one of the best spread betting platforms in terms of customer support and immediately confirmed quotes, while City Index has been admonished by some traders at the Trade2Win forums because of too many re-quotes and delays in the system when opening trades at particular times. Mac computer users may also want to find software that is both PC and Mac-friendly. Alternatively, mobile betting and services on devices such as the iPhone and other smart phones are become massively popular. You can visit this page (http://www.spreadbettingplatforms.org/mobile-trading-platforms/) to see which firms off the best mobile trading platforms, support and features.

The size of the "spread" is how the broker earns their commission. While the spread has decreased to around 1 or 2 pips on average over the last 20 years, there is still some differentiation between markets and brokers. Capital Spreads offers 1 pip spreads on most currency exchange markets (FOREX) for example, while Tradefair only offers 2 pip spreads on the USD/EURO exchange. Although most UK rolling shares have the same spread size by UK companies, it's usually the global markets such as the DAX, Japanese Stock Exchange, and currency markets where you'll notice large discrepancies.

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