answersLogoWhite

0


Best Answer

"No, this is a risky investment to part take in as often people are betting money they do not have. The bets become increasingly expensive and can lead debt as betters do not realize they must repay what is lost."

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is financial spread betting a safe financial option in the UK for long term investing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How can the financial spread betting influence at global finances of UK?

Financial spread betting is making a bet on an event that pays off based on accuracy of the prediction. It is often seen in stock markets with a buying option. This betting influences global finances in the UK by giving investors a way to make money without buying or selling stock.


How does financial spread betting work?

Financial spread betting is a complicated investing technique that relies heavily on chance and gambling. Simply, financial spread betting is a technique where an investor makes a bet on a stock's future price point, and a spread bet analyst offers predictions concerning where the stock's price point will go in the future. Both of these bets and prices are combined and the investor then decides whether to bet higher or lower based on the projected results.


What is the online site Spread Betting FTSE used for?

Spread Betting FTSE is a site dedicated to all financial spread betting. In addition to general advice about the options and risks associated with spread betting, the site provides a forum for registered members to share tips, hints and seek advice.


What is online spread betting?

Spread betting is a type of gambling where the winner and the winning pay-off is based on how accurate the wager is. Thus, the money gained or lost is not fixed. A spread betting account is used for financial spread betting, which is spread betting on a company's stocks.


How many people are involved in Spread Betting in the UK?

"There are over 500,000 spread betting accounts in the UK at this time. Spread Betting is a leveraged tool that gives investors the opportunity to trade the financial markets without ever taking physical ownership of the underlying instrument."


Where can one find information on how to become successful at spread betting?

There are many ways you find information on spread betting. You can visit your local library and see if you can find info there. You could also ask someone that is familiar with spread betting. The internet is also a very good tool to find information out on spread betting.


Where can someone learn about sport spread betting online?

One can learn information regarding financial spread betting online at almost any banking institution forum. Websites like SunTrust provide information regarding financial spread on their website.


What makes IG the world leader in spread betting?

IG is the largest financial spread betting site that is available on an international scale. For more information about the company, visit the official IG Index website.


Why is financial spread betting occurring in the UK?

The first thing that entices people to do financial spread betting is that your profits can be non-taxable. In the economy of today, this is a major attraction for people. Also, with stock prices down, it is much easier for the average person to be involved in trading.


What companies offer spread betting in the UK?

UK Spread Betting is a web directory containing the names and address of betting companies that provide spread betting in the UK. Companies include: Barclays Stockbrokers Financial Spread Training in London and BetOn Markets.


Which spread betting broker is best?

As for comparing the spread betting companies it really depends on what you want to trade and over what time period. For instance IG Index are known to have the widest choice and are good for shares etc but Capital Spreads possibly has the tightest spreads, good for short term trading etc .


What is a spread betting forum?

A spread betting forum is a betting forum where you spread your bets around. If you diversify your bets you have a better chance of winning and making money.