LearnMoney.co.uk Offers Free Guide to Financial Spread Betting

LearnMoney.co.uk, the UK based financial information site, has updated and expanded its section on financial spread betting ( http://www.learnmoney.co.uk/spread-betting/home.html ).

The spread betting section now covers over 200 pages of useful and unique information catering for both beginners and advanced traders.

Spread betting is one of the fastest areas of growth in the financial markets because the clients can start trading with small sized accounts as well as all profits being 100% tax-free.

Financial spread betting is where a client bets on a market either rising or falling over a period of time, from a few minutes up to several months. The ability to easily go ‘short’ any market or profit from declining prices is considered to be one of its great attractions. Markets that can be traded include all global stockmarket indices, the largest stocks in Europe and Wall Street, currencies, and commodities including grains, pork bellies, gold & silver.

The Spread Betting information on the LearnMoney.co.uk site is mainly aimed at the beginner trader who wants to learn more about how spread betting operates and really works, as well as getting information on trading strategy and correct tactics. The information contained on the site doesn’t pull any punches and there are plenty of warnings about potential pitfalls such as how to keep trading costs down to a manageable level.

The LearnMoney content is interesting in that it also promotes spread betting as an excellent training ground for those wanting to get more involved with CFDs, futures and options. Spread bet brokers offer new clients the ability to open accounts with less than £500 and trade markets risking tiny amounts of money, perhaps less than £10 on an individual position which cannot be done with a normal stockbroking account for example.

And as experience plays such a dominant role in making profits and handling losses where better to learn to trade real-time while risking limited funds. When the trader becomes competent in the markets they can move onto other larger financial products such as Contracts for Difference.

The LearnMoney website also produces an excellent free monthly newsletter which only requires a simple email address to sign up. The newsletter is packed with valuable articles and trade ideas, for example it has long been promoting the long term advantages of investing in the mining sector which have been some of the best performing stocks so far in 2006.