Spread Betting App for Trading On The Move from City Index

Spread Betting App for Trading On The Move from City Index

LONDON, April 11, 2012/PRNewswire/ --

    Through the City Trading(TM) app from City Index, traders can easily and securely
trade on-the-move from wherever they are, whenever they want.

    As the first live spread betting and CFD trading app, City Trading is a professional
mobile trading platform which can be accessed via iPhone, Android and Blackberry devices -
and is completely free to download.

    Since 2009, those spread betting with City Index
[http://www.cityindex.co.uk/spread-betting ] have been provided with full, secure access to
their spread betting and CFD trading accounts and trading platform.

    In this time, the City Trading app has been extensively developed; offering traders
full and secure access to their accounts and the trading platform at a time to suit them.

    Now, in 2012, the app also offers a professional charting package; an excellent
trading tool for traders at all levels.

    What many traders, including myself, like about mobile trading apps is the potential
to trade an opportunity as we see it; trading on-the-move with a mobile trading app can be
the difference between netting a profitable trade or a losing one as you can always be on
top of market moves.

    In addition, traders can receive full account access, in the same way they would via
their browser-based trading platform, safe in the knowledge that all trades are being
placed securely.

    Mobile Trading Risk

    However, it is important that before you trade using the City Index mobile trading
[http://www.cityindex.co.uk/trading-platform ] platform, that you consider the risks
involved.

    In the same way that spread betting's low margin feature is a double-edged sword; so
is the heightened access that you receive through mobile trading apps such as City
Trading.

    Heightened access could lead to a false sense of confidence whilst trading, resulting
in impulse trades as opposed to following your trading strategy.

    As is the case across all trading platforms, a solid trading strategy with extensive
risk management tools in place is imperative to your trading success.

    Your online trading
[http://www.cityindex.co.uk/trading-platform/online-trading-platform.aspx ] strategy must
incorporate thorough research and analysis of your chosen markets, prior to placing a
trade, to avoid potential losses.

    Summary

    Traders are able to trade on-the-move from wherever they are, whenever they want, with
the City Index spread betting app.

    It is imperative that clear guidelines are put in place - through your trading
strategy - prior to placing a trade. This will allow you to benefit from extra time in
which you can focus and react to quick movements in a market's price.

    About City Index:

    Today more and more individual traders are discovering the benefits of derivatives,
and many of them are discovering them through a City Index trading platform.

    As a group, we transact in excess of 1.5 million trades every month in over 50
countries. We provide access to a wide range of instruments including margined foreign
exchange, CFDs and, in the UK, financial spread betting [http://www.cityindex.co.uk ].

    We constantly look to improve the performance of our platforms and expand our range of
services. The result is our customers benefit from innovative trading tools with
transparent pricing, competitive spreads, and a high standard of customer support. Visit
http://www.cityindex.co.uk for details.

Source: City Index

Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond@cityindex.co.uk