Financial Betting Tips
We are living during an interesting time. Thejob industry has evolved with there being several avenues on how to make money.Many people have turned towards “entrepreneurship” as a job title and while itmay sound appealing, you must be very careful.
- Financial Spread Betting Tips
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- Financial Spread Betting
- Betting Financial Market Spread
Here’s a few extra spread betting tips and strategies to improve your chances of success -: Read a few good trading books such as “Trading in the Zone” and “Come into my Trading Room. The biggest selection of odds is therefore likely to be over short periods rather than a day. Study the market you are betting on, just as you would the history of a racehorse’s performance in horse racing. Same Game Multi Tips: Best Goalscorer and Bookings bets for Premier League GW20; More Football. More Financial Betting. Brexit Market Briefing GET A FREE £/€20 EXCHANGE BET. Find the latest financial and betting tips. Don't have an account? Forgot password? LOG IN WITH FACEBOOK ©2020 OnlyTips.
Financial betting is a way people arefunneling money into their pockets, but it’ll take some time to develop asuccessful strategy to make this a full-time job.
What is Financial Betting?
With any sort of bet you make, there’s achance of losing more than you originally put in. Because most bets are doneblindly, not knowing the outcome or result can be troubling. While some thriveoff this thrill of diving into the unknown, you have to really know what you’redoing to truly understand the possible success there is in betting.
You’re most likely familiar with sportsbetting, but financial betting is slightly different. This type of bettinginvolves placing bets on market shares based on the rise and/or fall of aspecific company market. If you know anything about the stock market, even themost successful company’s shares fall unexpectedly.
This is not to be confused with marketinvestments. Market investments usually allow you to come on board as a companyowner, while financial betting does not. Another significant difference is thatwhile market investments are a long-term commitment, financial betting is a short-termgamble.
Forms of Betting
There are three major forms of financialbetting you can participate in. Let’s break it down:
- Fixed Odds Betting – Predictingthe exact movement of a company’s market. You place a bet on a specific amountof time and by how much you think it’ll increase or decrease during that giventime.
- Binary Betting – You can bet ona share going up or down, or remaining the same. You can sell these bets,possibly making you money even if the odds are against you, if you get thetiming right.
- Spread Betting – You bet basedon the movement of something increasing up or down and also by how much they’rechanging. This is the most popular form of financial betting since they do notexpire; however, these bets but come with greater risk.
Successful Financial Bettors
If you research financial betting, you’ll geta mixed result of both opinions and facts. Betting is something you need toexperience yourself to truly know if it’s worth pursuing. Afterall, everyonehas their own betting strategy and you could potentially have a winning plan.
Take it from successful financial bettors like Simon Smithand Vince Stanzione. Smith himself is known for his famous ways of betting inthe UK housing market. Although Simon Smith has yet to reveal on record howmuch money he’s made, he’s only been quoted saying that he’s made enough moneyto pay his mortgage off.
Conclusion
To wrap things up, making a living offfinancial betting is possible. But before you can successfully live solely offmaking bets on the financial market, there are a handful of things to consider.
Start by studying the market you plan onentering bets in. How does it fluctuate?
Create a flexible, yet long-term businessplan. Do you have sufficient funds to hold you up as you wait for your bets toreturn profit?
It’spossible to become the next financial betting billionaire, but it won’t happenovernight.
Compare the Spread Betting Companies
Below we compare a number of spread betting companies.For a full comparison that covers the main stock market indices, forex, commodities and treasuries markets, see our spread betting companies page where we also have the most recent comments from our users and editors.
| User Ratings | 7.6 | 6.6 | 6.7 | 7.1 |
| Web Platform | ||||
| Mobile App(s) | ||||
| iPad App | ||||
| 24 Hour Trading | ||||
| Live Charts | ||||
| Stop Loss Available | ||||
| Automatic Stop Loss | ||||
| FCA Authorised and Regulated |
Taking a quick look at the markets:
Trading Update: 1 March 2018
Weak US Finish So Expect to see Europe Open Lower
Despite a late rebound in the last couple of weeks equity markets still finished the month in pretty much the same way they started it, on the back foot.
The selloff that started in the wake of new Fed chair Jerome Powell’s testimony on Capitol Hill continued yesterday as investors began to reassess the prospect that we could well see four rate increases from the Federal Reserve by the end of this year.
Powell returns for a second round today with US lawmakers and markets will be looking to see whether he rows back a little from Tuesday’s hawkish interpretation of his remarks or whether he reaffirms them.
If he does the latter then we could well see further gains for the US dollar and increased pressure on stock markets.
European markets also lost ground with the DAX 30 making its weakest monthly close since August, and the FTSE 100 posting its weekly monthly close since April.
The overarching concern for investors appears to be a US central bank that seems determined to push ahead with its policy of raising rates at a time when perhaps their confidence about the economy may well be a little premature.
Recent data hasn’t been particularly supportive of a strengthening economy, and if the trend seen in the last few weeks is any guide, Q1 GDP is likely to come in fairly weak.
Against that backdrop it seems reasonable to ask the question as to whether the US economy can absorb up to a 1% increase in the Fed funds rate by year end.
Today’s data out of Europe is still expected to be fairly strong.
However, it appears to be coming down from its recent peaks and with inflation stubbornly subdued in the latest February data out of Germany, France and Italy.
It appears that despite what appears to be strong data, demand doesn’t appear to be fuelling inflationary pressures.
Spanish, Italian, French and German manufacturing PMI’s for February are expected to all soften slightly to 54.8, 57.9, 56.1 and 60.3 respectively.
This happened after Prime Minister Theresa May rejected outright the EU’s latest draft text on the Irish border issue.
The draft stated that in the absence of any agreement to the contrary that Northern Ireland stays in a customs union after Brexit and is subject to all EU rules and regulations.
It also omitted any reference to an extended transition period, which the UK has asked for as the EU turns the screw on the UK government to lay out exactly what sort of plans they have in mind with respect to the future trade relationship.
The problem for the PM is trying to obtain a consensus view in cabinet, there are c concerns that the inability to make a decision will result in a political crisis that could undermine the government’s stability.
On the data front we have the latest manufacturing PMI for February which is expected to slip back slightly from January’s 55.3 to 55.1.
EURUSD – sliding towards the $1.2160 area, a break below this level could well precipitate further losses towards $1.2080 initially and a retest of the $1.2000 area. We need to see a recovery back above $1.2320 to stabilise and a return to the recent highs near $1.2500.
GBPUSD – had a weak session yesterday, sliding back below the 50 day moving average and towards the $1.3750 support area. A break here opens up further losses towards the $1.3650 area. We need to see a move back above $1.3980 to stabilise.
EURGBP – moving back towards the top end of the recent range but still below the £0.8910 area for now. While below the £0.8910 area which has held for all of this year the bias remains for a return to the lower end of the recent range at £0.8740.
USDJPY – while below the ¥ 108.30 area the bias remains for a move back to the recent lows at ¥ 105.50, and the ¥ 105.00 area.
FTSE 100 is expected to open 52 points lower at 7,180.
DAX 30 is expected to open 110 points lower at 12,325.
CAC 40 is expected to open 40 points lower at 5,280.
The selloff that started in the wake of new Fed chair Jerome Powell’s testimony on Capitol Hill continued yesterday as investors began to reassess the prospect that we could well see four rate increases from the Federal Reserve by the end of this year.
Powell returns for a second round today with US lawmakers and markets will be looking to see whether he rows back a little from Tuesday’s hawkish interpretation of his remarks or whether he reaffirms them.
If he does the latter then we could well see further gains for the US dollar and increased pressure on stock markets.
Dow Breaks 10 Month Winning Streak
For the Dow and S&P 500 we’ve seen the first monthly loss since last March last year, breaking a ten month winning streak.European markets also lost ground with the DAX 30 making its weakest monthly close since August, and the FTSE 100 posting its weekly monthly close since April.
Is the Dollar Back?
The US dollar finally appears to be catching a bid on the back of this as it finished a month in positive territory for the first time since October against a basket of currencies.The overarching concern for investors appears to be a US central bank that seems determined to push ahead with its policy of raising rates at a time when perhaps their confidence about the economy may well be a little premature.
Recent data hasn’t been particularly supportive of a strengthening economy, and if the trend seen in the last few weeks is any guide, Q1 GDP is likely to come in fairly weak.
Against that backdrop it seems reasonable to ask the question as to whether the US economy can absorb up to a 1% increase in the Fed funds rate by year end.
New US Data
Today’s US data could hammer another nail into the negative psyche of investors, especially if personal spending and income data along with ISM manufacturing also miss expectations.Plateauing Economic Data?
Economic data away from the US has also been showing signs of plateauing a little, with data out of Japan and China earlier this week also on the weak side, which brings us into March and the latest survey data drop from the manufacturing sector and the latest PMI’s for February.Today’s data out of Europe is still expected to be fairly strong.
However, it appears to be coming down from its recent peaks and with inflation stubbornly subdued in the latest February data out of Germany, France and Italy.
It appears that despite what appears to be strong data, demand doesn’t appear to be fuelling inflationary pressures.
Spanish, Italian, French and German manufacturing PMI’s for February are expected to all soften slightly to 54.8, 57.9, 56.1 and 60.3 respectively.
Sterling Job
The pound took a late hit yesterday dropping to its lowest level since mid-January.This happened after Prime Minister Theresa May rejected outright the EU’s latest draft text on the Irish border issue.
The draft stated that in the absence of any agreement to the contrary that Northern Ireland stays in a customs union after Brexit and is subject to all EU rules and regulations.
It also omitted any reference to an extended transition period, which the UK has asked for as the EU turns the screw on the UK government to lay out exactly what sort of plans they have in mind with respect to the future trade relationship.
The problem for the PM is trying to obtain a consensus view in cabinet, there are c concerns that the inability to make a decision will result in a political crisis that could undermine the government’s stability.
On the data front we have the latest manufacturing PMI for February which is expected to slip back slightly from January’s 55.3 to 55.1.
Market Data
EURUSD – sliding towards the $1.2160 area, a break below this level could well precipitate further losses towards $1.2080 initially and a retest of the $1.2000 area. We need to see a recovery back above $1.2320 to stabilise and a return to the recent highs near $1.2500.
GBPUSD – had a weak session yesterday, sliding back below the 50 day moving average and towards the $1.3750 support area. A break here opens up further losses towards the $1.3650 area. We need to see a move back above $1.3980 to stabilise.
EURGBP – moving back towards the top end of the recent range but still below the £0.8910 area for now. While below the £0.8910 area which has held for all of this year the bias remains for a return to the lower end of the recent range at £0.8740.
USDJPY – while below the ¥ 108.30 area the bias remains for a move back to the recent lows at ¥ 105.50, and the ¥ 105.00 area.
FTSE 100 is expected to open 52 points lower at 7,180.
DAX 30 is expected to open 110 points lower at 12,325.
CAC 40 is expected to open 40 points lower at 5,280.
Update by Michael Hewson, Chief Market Analyst, CMC Markets.
Risk Warning
On CleanFinancial.com we concentrate on financial spread betting, however, we also discuss other forms of trading such as CFDs and margined forex. All of these ways of trading are leveraged and carry a high level of risk to your capital. You can lose more than your initial investment.Financial Spread Betting Tips
Spread betting, CFD trading and margined forex may not be suitable for all investors. Only speculate with money that you can afford to lose and ensure you fully understand the risks involved before you trade. Seek independent financial advice where necessary.
Please note that accounts are subject to status and suitability checks.
Stock Market Index Spread Betting Guides
Indices are very popular with spread bettors and we have a wide range of analytical reviews and trading guides for investors:- Stock market homepage – here we have a price comparison for the most popular stock markets, worked financial spread betting examples and a look at where you can spread bet and where you can practice trading.
- Live charts and prices – including prices for 24 hour markets as well as live charts for the major stock markets.
- Individual stock index guides – we have 20 guides covering the world’s major stock indices like the FTSE 100, DAX 30, Dow Jones, S&P 500 and NASDAQ 100. We also take a look at other European indices as well as the Indian and Chinese stock markets.
- Stock Market Opening and Closing Times – a quick guide to the opening and closing times for the major stock markets and where you can trade when the stock market is closed.
Forex Spread Betting Guides
We have a series of forex guides covering the popular ‘major’ forex markets as well as the ‘minor’ and ‘exotic’ markets:- Forex homepage – here we have a forex spread betting comparison. We also look at the basics of the global forex market and price influences as well as how to spread bet, where you can trade and where you can practice your trading.
- Live prices and charts – including prices for 24 hour markets and a chart for the movements in over 50 currency pairs.
- Individual forex market guides – over 40 individual foreign currency trading guides from euro/sterling to dollar/yen. We also cover currencies like the Australian dollar, South African rand, Chinese renminbi (yuan) and Bitcoin.
Shares Spread Betting Guides
Whilst individual shares are not as popular with spread bettors as a whole stock market index like the UK’s FTSE 100, the German DAX 30 or the US Dow Jones, there is still regular interest in the bigger global companies.As well as the risks that come with any spread betting, there are a number of positives and one of those is the ability to take a position on individual companies listed on stock exchanges across the world.
Most spread betting firms listed on this site offer a selection of UK, US, German, French and Irish shares. Many will also offer other European, Indian and South African shares. For more details also see: - Shares homepage – an introduction to equities spread betting including how to trade, where to trade, risk management etc.
- Live charts – here investors can check live charts for hundreds of UK and US shares as well as many other leading global stocks.
- Special Reports – whilst we offer hundreds of individual reports on shares that are currently listed on the stock market like Barclays, Apple, Facebook and Google. We also produce guides to trading companies both before, and after, they IPO e.g. Alibaba, Twitter and Royal Mail.
Commodities Spread Betting Guides
Free Betting Tips For Today
Although retail trading volumes are not as high as forex and index markets, some commodities, like gold and crude oil, can be particularly popular with spread bettors.- Commodities homepage – we have a price comparison for the most popular commodities, a review of where you can trade, trading examples and some interesting technical analysis case studies.
- Live prices and charts – here you can check the live prices and charts for 11 different commodities futures.
- Individual commodities market guides – we have created guides for the popular metals and energies markets like gold, silver, Brent crude oil and US crude oil. We also have guides covering the less popular softs / agricultures like coffee, sugar and wheat.
‘Specials’ Spread Betting Guides
We also take a quick look at IPO grey markets and other ‘Specials’ like the Nonfarm Payroll (NFP) spread betting market.Political Spread Betting Guide
Politics spread betting is becoming increasingly popular.- Politics Spread Betting – price updates, a look at how the markers are moving, how to trade, which firms have politics markets etc.
Spread Betting Company Reviews
Financial Spread Betting
We have been comparing the spreads and minimum stakes offered by many of the larger firms since 2008.Over the last few years, the spreads offered across the top 20 most popular markets have become increasingly similar. Nevertheless, when it comes of the account facilities, costs, range of markets, mobile platforms etc. the individual companies still have a number of differentiating factors that will suit different investors.
On CleanFinancial, we keep up-to-date on developments, and regularly update the spread betting company reviews.
For more details on a particular firm, click on the relevant link below. For each review you will find an overview of the basic service, user comments and ratings as well as our editors’ comments on the latest product developments (or hiccups).
Betting Financial Market Spread
In addition to looking at the markets on the platform, most of the reviews have video guides and live/indicative prices from the relevant firm.- City Index Review – one of the oldest spread betting providers, City Index launched in 1983. They were the first spread betting firm to launch an iPhone app.
- CMC Markets Review – whilst most platforms operate in similar ways, have similar menus and share many common characteristics, the CMC Markets platform is designed differently and so it may take slightly longer to get used to.
However, if you like your technical analysis, you should take a look at the videos on our CMC review page, the platform seems to have a stronger bias than most to analysing, recognising and trading patterns.
The trading platform is also unusual because, as well as offering the normal commodities futures markets that you will find offered on most other websites, you can spread bet on daily (cash) commodity markets. - ETX Capital Review – like a number of other firms, ETX offer mobile apps, MT4 and Autochartist. However, ETX Capital are unusual in that they have minimum stakes sizes of 50p per point, the industry standard is £1 per point.
- Financial Spreads Review – not to be confused with Finspreads below, Financial Spreads offer both spread betting and CFD trading. They also offer 24hr trading and advanced charts.
- Finspreads Review – Finspreads are owned by City Index and this website, along with its 3 different types of account, seems to cater more to the newbie. The ‘beginner account’ lets new account holders trade with 10p stakes.
- IG Index Review – the first UK spread betting firm and the still the market leader in terms of size. IG tend to pick up the lion’s share of industry awards and, because they offer 8,000 markets, they are also one of the places to check if you are looking for an unusual market.
A warning though, if you are trading a less popular market through IG, or any other firm, these markets can have wide spreads, i.e. they are comparatively more expensive to trade. Also, these markets can be more illiquid and so there is a greater chance of the underlying market ‘gapping’. - InterTrader Review – a joint venture between London Capital Group and bwin.party. They are one of the few platforms that offer larger traders and/or high frequency traders a rebate on their own trading, this is essentially a form of commission-on-your-own-trades or cash-back.
- Spreadex Review – another firm that has been around for a long time, they have been trading since 2000. As well as offering the normal markets a seasoned trader might expect from their provider, Spreadex is one of the few places you can trade a broad range of UK small caps. They are also one of the few firms to offer credit accounts (subject to suitability and status).
- Tradefair Review – another joint venture, this time between London Capital Group and Betfair. Like other companies on the LCG platform, e.g. Capital Spreads, they offer spread betting and CFDs on about 2,500 markets, iPhone trading and 24 hour markets. They also offer advanced pattern recognition software (via Autochartist).
More Financial Spread Betting Guides
| Spread Betting Prices Live spread betting prices for the most popular markets and quick access to live charts (no need to log on). We also review which spread betting companies offer real-time charts, how to trade, where you can trade 24 hours a day and… read article. |
| Spread Betting Newsletter Our newsletter has regular spread betting offers, tips, analysis and market updates. The newsletter is free and you can quickly subscribe and instantly unsubscribe… read article. |
| Trading Forum Trading forum with trading tips, investment discussion, trader chat. There are also comments and quotes from analysts, market insiders, other traders and… read article. |
| Gold Spread Betting Guide to spread betting on gold with live prices and charts. Plus daily market analysis, a gold spread betting price comparison, tips on where to trade commission-free and tax-free* as well as… read article. |
| Spread Trading A guide to Spread Trading including a comparison of the key financial markets, where to trade and spread trading tips. This is also a…read – Spread Trading. |
| Tight Spreads If you know spread betting, you will know that tighter spreads mean better value. Financial Spreads are now offering some of the tightest spreads in the…read – Tight Spreads. |
| Spread Betting UK UK Spread Betting. When trading in the UK many people will want the key benefits of spread betting and well as UK facing companies. Below you will find both…read – Spread Betting UK. |