Photo by Flickr
Forex spread betting is one of the many convenient ways to make money and in getting involved with this type of trading, you need a spread bet account. Whether you are at home or on the go, you can trade in several markets that are open 24/7. You can trade using your handheld devices such as your iPhone, Blackberry, Android or your mobile device. All you need to do is to download and install the IG Index app, and you are well on your way to making big money the easy way. Although there are risks in this activity, just like any other business, you can manage your risks by familiarizing yourself well with the market you deal with.
So, do you think you are ready to get started in spread betting? If you are, then you should open an account to start your way around this interesting type of trade. The information below will specifically help you in opening an account with one of the widely renowned spread betting company, IG Index.
How to Open a Spread Bet Account
There are two ways to open a spread bet account – by online application or by downloading and printing a form in PDF format.
Online Application
If you opt to apply online, you can go to the official website of IG index. You should complete a form with some relevant details about yourself (name and birth date). Afterwards, create a username and a password that you need to access your account. You will also have to indicate your home address and your preferred means to receive the statements. Lastly, you should supply information regarding your experience in trading, knowledge of investment and your current employment status.
Prior opening an account, it is a requirement that you understand carefully the details stipulated in the Risk Disclosure Notice and the Customer Agreement pages. You have to understand that spread betting involves huge risks, as well as gains. Hence, you should know very well how this form of trading works before you decide to open a spread bet account.
When you open an account online, you need not worry about your personal information spreading all over the internet. Any private information stays private, because of the Data Protection Act that IG Index follows.
Application by Post
If online application is not your preference, you can still open an account by applying through post. All you need to do is to download and print the application form in PDF format. Upon completion of the form, you may send it by post to the designation location specified in the IG Index website. You have to enclose any proof of identification (i.e. photocopy of identification cards) when submitting the form.
Certain Concerns about Applying for a Spread Bet Account
If you applied for a spread bet account online, you may have some concerns regarding the private information that you supplied. You need not worry, because all personal information remains confidential. Moreover, IG Index will not contact your employer and notify him or her about your application. All the questions asked merely aim to identify whether or not the services are ideal for the applicant. IG Index also intends to establish the identity of their clients to prevent any possibility of untoward situations such as money laundering.
You can open an account without the worries of paying any fees or other obligations to concern yourself about. In case you have further inquiries about your spread bet account, you may contact the support team. There are customer service representatives who are ready to attend to your concerns, as they are available 24/7.
Spread Bet Account for those outside the United Kingdom
Supposing you do not reside in the United Kingdom, you may still open an account. However, there are countries that have restrictions in making an account due to legal reasons. Among the countries that may not apply due to such reason are the United States and Turkey. It is advisable to check if you can open an account with your location.
Trade Sense and Spread Bet Account
Upon opening an account, you can instantly receive Trade Sense. This IG Index’s educational program lets you place bets as a starter. You may make a bet at 10 pence for each point, which qualifies as one of the lowest bets in this trade. Once you have a spread bet account, you also get to avail of Trade Sense’s six modules – completely free of charge. This is a great tool to familiarize yourself with spread betting and learn more about the financial markets. The modules are in PDF format, and you get to explore more on concepts about spread betting, using stop and limit orders, attitude to risk, trading discipline and other relevant information.
Trade Sense is a useful tool, as you can instantly deal online at the lowest bets. You can gradually increase the bet sizes as you get to know more about how trading works. Moreover, you can have access to seminars dedicated to improve and educate you about trading, with topics relevant to your trading experience.
Open a Spread Bet Account and Get Started
If you believe that spread betting is suitable for you, then you should definitely try it and experience the benefits it brings. However, make sure that you know the pros and cons especially the risks in this trade. Aside from the gains that you are likely to have in spread betting, you have to learn how to manage the risks to prevent losing more than the initial deposit that you have. Maximize those helpful tools to understand more about spread betting which will be made available to you upon opening a spread bet account.
Incoming search terms:
- ig inde contact employer
- ig index contact employer
- trade sense igindex
- tradesense module pdf
Tags: financial markets, forex, property market, spread bet, Spread Bet Account, Spread Betting, Spread Betting Account, stocks