Forex Spread Betting Brokers (Resources and Advice)

There are loads of forex spread betting brokers in the market, below is a list of a few:

  • IG
  • City Index
  • Saxo
  • Plus500
  • com
  • And others

There is a good website with loads of reviews of each forex spread betting broker: https://www.investing.com/brokers/forex-brokers

Choose your broker and start investing in the forex spread betting market. Note: majority of people will lose money, only afford to invest what you can afford.

Start with a small size and a large margin, for instance: start doing forex on eur/usd in a smallest size with a larger margin with a guaranteed stop.

Size of your investment simple means how much you will lose or gain per point that will fluctuate. Margin is till which point you can afford to keep the position open till it is automatically closed with a loss. You can always edit the margin by depositing more money in your account.

A guaranteed stop will ensure that you will never lose more money when there is a high volatility in the market.

Keep in mind forex is a low volatility market, indices are medium volatile market while cryptocurrency is a high volatile market. Start with forex first and if you find comfortable doing spread betting feel free to invest in other commodities such as metal, oil, gold, silver, etc.

Remember what drives the market is the fundamentals or should I say that economy calendar. Keep checking for breaking news this is where the highest volatility of the market rises.

Technical analyses will help you to predict near term future of the market. Note: most people lose money when the volatility of the market is very high (fundamentals).

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