Comparing Major Competitors City Index And IG Index in Spread Betting
Many people whom tend to be heavy into investing in the United Kingdom are undoubtedly familiar with the top dogs from the brokerage industry. In the Financial Spread Betting market two from the top competing firms are CityIndex and IG Index. Both are highly regarded for the feature rich software packages, up to date monitoring system, and fast customer service response.
One thing these two companies have in common is they are both regulated by the FSA (Financial Services Authority); the two spread betting companies is only going to accept traders which are permanent residents of the United Kingdom.
IG Index and CityIndex offer their customers numerous markets including; Currencies, Commodities, Bond Futures, different International markets as well as the Uk, Europe and US markets. Both allow spread betting on Stock Indices as well as on individual shares. IG does offer more markets than City Index however, for example House prices and s and spread bets on Rolling Daily Indices.
Both companies offer different trading platforms which will meet most spread betting investors needs. Both brokerages offer online trading as well as mobile trading. IG Index offers mobile alerts and telephone trading if your trader requires this method.
Other important areas where the two companies offer similar functionality for their traders is they both provide the same financing fees for (+2.5 Long -2.5 Short LIBOR), as well providing their clients with real-time market news as well as charts and historical data. Real-time trading is an option that both of these top dogs offer. Real time trading generally displays real-time data across movies online allowing the spread bettor to monitor market data.
One thing that City Index does offer which IG Index does not is virtual accounts. This type of account is also known by many like a demo account. These virtual accounts could be a handy tool for the newcomer to financial spread betting or cfd trading. This allows the trader to not place some of their actual capital in the account, yet they reach trade and bet as though it were real.
It is not our place to tell you which organization we recommend, as each offers their own weaknesses and strengths. You will find mixed reviews on of those companies, however, have been in business for over twenty-five many are solid choices if you wish to begin in the exciting and rewarding market of financial spread betting.
One thing these two companies have in common is they are both regulated by the FSA (Financial Services Authority); the two spread betting companies is only going to accept traders which are permanent residents of the United Kingdom.
IG Index and CityIndex offer their customers numerous markets including; Currencies, Commodities, Bond Futures, different International markets as well as the Uk, Europe and US markets. Both allow spread betting on Stock Indices as well as on individual shares. IG does offer more markets than City Index however, for example House prices and s and spread bets on Rolling Daily Indices.
Both companies offer different trading platforms which will meet most spread betting investors needs. Both brokerages offer online trading as well as mobile trading. IG Index offers mobile alerts and telephone trading if your trader requires this method.
Other important areas where the two companies offer similar functionality for their traders is they both provide the same financing fees for (+2.5 Long -2.5 Short LIBOR), as well providing their clients with real-time market news as well as charts and historical data. Real-time trading is an option that both of these top dogs offer. Real time trading generally displays real-time data across movies online allowing the spread bettor to monitor market data.
One thing that City Index does offer which IG Index does not is virtual accounts. This type of account is also known by many like a demo account. These virtual accounts could be a handy tool for the newcomer to financial spread betting or cfd trading. This allows the trader to not place some of their actual capital in the account, yet they reach trade and bet as though it were real.
It is not our place to tell you which organization we recommend, as each offers their own weaknesses and strengths. You will find mixed reviews on of those companies, however, have been in business for over twenty-five many are solid choices if you wish to begin in the exciting and rewarding market of financial spread betting.