London, United Kingdom (PressExposure) January 06, 2012 -- Recently, increasing numbers of day traders have been turning to spread betting as an alternative to trading stocks and shares. This is because spread bets allow traders to deposit a little in order to trade a lot and achieve more profitable trades as a result.
However, learning to spread bet can be costly, which is why opening a free trading demo account is a safe way to speculate on market movements in real-time, using virtual cash, but without incurring any financial risk.
The financial markets have remained choppy due to uncertainty over the global economy. This has created a 'bearish' market of low trade volumes, which inevitably results in fluctuations of stock. So while there are still opportunities to be found during these turbulent times, traders may find a free trading demo account a beneficial way to test the water.
Through its demo account, spread betting and CFD trading broker City Index enables you to practice trading the real markets. The account is valid for two weeks with no strings attached or any obligation to start trading for real.
The demo account gives you full access to the features of their award winning trading platform, enabling you to practice spread betting and trading CFDs in real-time with a virtual cash balance of £2,500. It also gives you access to thousands of markets, including indices, shares, currencies, commodities and more.
This trading demo account is available to download for iPhone, Blackberry, Android and other mobiles. Recently, City Index also won the 2011 Shares Award for Best Mobile Trading Application for their City Trading app, which was praised for its intuitive usability and risk management tools.
In addition to their free demo account, they also offer free weekly trading seminars designed to help you improve your trading skills no matter what your level of experience. Topics range from the basics of spread betting and CFD trading to technical analysis, candlestick patterns and more.
With the option to speculate with or against the market while only requiring a small margin deposit in order to trade, spread betting is growing in popularity. It also provides an easier level of entry into the markets for new traders. So to learn more about spread betting, trading seminars and the demo account offered visit: http://www.cityindex.co.uk/spread-betting/
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.