Answers

 


Is spread betting only online trading or can it be done over the phone?

 

As far as I’m aware most spread betting companies have dedicated trading desks that will take orders over the phone. It’s best for you to check that your spread betting firm allows this. I personally prefer online trading as it’s the easiest and most convenient way for me to trade. Online trading means you can see all your trades live in real time and manage them accordingly.

 

Other benefits of online trading are you can check them on the move via your phone, at work or any time of day or night as long as you have a computer and an internet connection. One drawback with online trading is “What if my internet connection doesn’t work?”. I personally have broadband at home and internet access through my phone so if one or the other doesn’t work than I have a backup. If none of them work then I would probably get in the car and drive to my nearest McDonalds with free Wi-Fi.

 

Online trading is a great way to spread bet and with the internet going from strength to strength online trading is only going to become more and more common place in years to come.
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