Capital Spreads Review
About
Owned and operated by the London Capital Group, the holding company behind InterTrader and a variety of the web’s leading casino and gaming brands, Capital Spreads is one of the largest providers of CFD trading worldwide. Known for consistently tight spreads and its wide variety of markets and indices, Capital Spreads is a favourite amongst experienced brokers since it launched its contracts for difference trading platform in July 2010.
Formerly an exclusive spread betting broker, Capital Spreads has crafted a reputation as one of the web’s leading brokers, offering services to countless thousands of traders worldwide. Regulated by the Financial Services Authority in the UK, Capital Spreads now offers in excess of 2,500 different investment and trading products, and runs free monthly web-based seminars covering different aspects of investing and market news. Customer support is responsive, through both email and telephone, and is available throughout the trading week from 8am.
Notable Benefits
The Capital Spreads event calendar is a particular highlight for traders, mapping significant events that might impinge on the performance of certain positions in one central, easy to manage location. Automatic stop-losses also help cover your liability as a new or inexperienced trader (and can be readjusted to prevent a premature close-out if desired), while small minimum stakes of just £1 make it amenable to small time traders and those looking to learn the ropes before investing more heavily. The low margin requirements also make it possible to highly leverage positions, while a £10k demo trading account facility makes it possible to thoroughly work through your trading strategies before launching on the markets for real.
Incentives & Bonuses
While there are no sign-up bonuses as such, traders are incentivized by free deposits through debit cards and an industry low 2% fee for credit card payments, while spreads can be as low as 0.05% on the FTSE markets, making it a low-cost option with a user-friendly trading interface.
trading is like a university edutcaion, it requires on the order of 10 to 20 years to become proficient and you have to be ready to accept it as a full time career. With that said, the broker that I use is oanda. I use this broker mainly because it allows smaller lot sizes which allows me to be very flexible with my exposure.My recommendation- do not trade with less than 50k account. Do not trade live until you have risk capital (money that you will not need or regret losing) or minimum few years on paper accounts.Forex research is a huge topic. Do not fall for technical analysis, it works in some situations, but the best bet would be to read the prices correctly via price patterns and timing. Do not trade during non farm payrolls or during tokyo and NY lunch hour. Trade during the overlap of US UK sessions for best liquidity. Watch for inflation levels, what central bankers say (and if what they are saying is just a warning or if they are serious about it).For example you would want to monitor the japanese central bank decisions right now because their currency is strong enough to make their bank sell it to lower the price to keep exports competitive. For CAD, watch for gold prices (oil is their major export). ect.FINALLY: the only way to make money in forex safely is with law of large numbers in terms of capitalization. You have to have an account upwards of 50 mil, so this is not a get rich quick thing. The real money lies in market making and dealing.