written by on 01/05/2013
As someone relatively new to financial spread betting, I was pleased with the way in which CitySpreads made it easy to get started without any financial risk. The key to this is obviously the demo platform which gives you £10,000 in virtual currency to trade on various markets – this demo platform took about five minutes to sign up for and was a very accurate approximation of the full version, so having spent some time with the demo I was more than ready to trade real funds with confidence. Even then, the spread betting isn’t high-risk really, since I was able to trade as little as £1 per point on some markets. In addition, the trailing stops meant that I could control my bets without having to watch everything at once. The layout is rather bland but ultimately functional, and most of the information you need is generally easy to access (I particularly liked the news feed in the bottom right corner, which was definitely helpful when considering trades). There’s also a nice variety of markets to trade on, including a good range of currency pairs. Certainly a platform I’ll continue to use in future, and one I’d recommend to others.