spread betting
Another way to make it without the big mistakes
did you know?
Most spread betting platforms cover various markets - indices, commodities, FOREX.
latest articles
newsletter
Subscribe to our newsletter and be the first to receive our latets articles.
FOREX IN DETAIL
GBP/JPY CURRENCY PAIR INFORMATION
The United Kingdom has the second largest economy in Europe (after Germany) and it is one of the few Member States to have not adopted the Euro. Despite this, the UK is heavily globalised with London being the foremost financial centre in the world. The Japanese economy has improved dramatically over the last few decades and it peaked in 1989 and later suffered a catastrophic crash when the Nikkei stock index lost 75% of its value. The Japanese economy has since recovered and the Yen is now held as a reserve currency throughout the world. Fluctuations in the GBP/JPY are influenced by shifts in their respective interest rates & movements in other FOREX traded currencies.
COMPANY NEWSs
Richemont sales soar on back of IWC, Cartier and Panerai watches - This is London
GLOBAL MARKETS-Asia stocks off 1-month high; euro dips - FOXBusiness
Oil extends drop as dollar gains, eyes storms - FOXBusiness
PBOC Official Says Yuan Reform Won't Close U.S. Trade Gap - Wall Street Journal
The euro & the sterling remained in short range against the dollar - SeeNews (blog)
SPREAD BETTING ON THE FOREX MARKETS
Spread betting on FOREX currency pairs has been gaining more and more popularity amongst online traders. It offers a lot of flexibility and is thus a preferred way of trading for many people.
Instead of opening a position for a certain transaction value, you choose a stake which represents the value for each pip by which the price moves. You also choose a stop-loss, by which you set how much you are willing to lose. This is your margin deposit. As with futures and spot trading, you can also benefit from falling markets by going short or long. Your profit or loss is equal to your stake multiplied by the number of points by which the price has moved.
