Number One for Forex Spread Betting
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IG Index, the UK's leading financial spread betting firm, has been judged as the most popular spread betting platform for forex by respondents to the annual Investment Trends survey.
Canvassing almost 14,000 individuals in the UK, the Investment Trends Spread Betting and CFD report provides the most comprehensive insight into the behaviour of those trading retail derivatives.
Geopolitical factors are frequently a key driver in currency markets, so recent affairs ranging from natural disasters in Japan to unrest in the Middle East and the Eurozone sovereign debt crises all play a part in driving volatility.
Tim Hughes, Managing Director of IG Index, commented, "There's rarely a quiet day in forex markets and the big swings that can be seen literally on an hourly basis have always made it a popular option for those trading in the shorter term.
"We're also aware that traditional margined forex products can prove somewhat daunting for a retail audience whereas the pricing transparency of placing a spread bet - so you win or lose for every pip the currency pair moves - is far easier to understand.
“Working in pounds per point means that the outcome itself can't be impacted by exchange rate risk and as with all spread bets, profits are tax-free. Clients also have the flexibility to trade multiple asset classes all from a single account."
Forex Spread Betting
The forex service from IG Index offers a wide range of additional benefits, including a robust trading platform, high-quality customer service and consistently tight spreads.
The London based in-house research team produce twice-daily currency market reports on the dedicated Forex Focus hub on the IG Index UK website.
About IG Index
IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 8000 shares listed on markets worldwide, along with indices, currencies, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 900 people and has offices in 14 countries worldwide.
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IG Index
 Apply for a IG Index Account
Visit the IG Index Website
Spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit.
Only trade with money that you can afford to lose and make sure you fully understand the risks involved.
These trading products may not be suitable for all investors so seek independent advice.
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"Number One for Forex Spread Betting" last update by R Thomas, 27-Dec-2011
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
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