Financial Betting and Betonmarkets - Learn More About the Financial Markets!
Betonmarkets are often regarded as the pioneers of fixed odds financial trading. Fixed odds trading is basically a form of financial betting where one bets on whether a market will rise or fall. However, as opposed to spread betting the potential reward and possible maximum loss is known at the outset which makes this an interesting alternative to traditional spread betting especially for those who are still learning about the financial markets.
In essence fixed odds financial bets are a form of binary bet where one bets on whether an outcome will happen or not happen. Whether the FTSE will touch a specific level within, say, 7 days' time or whether the FTSE will be trading over a specific level within, say 14 days' time, is what You could for instance place a trade on. In practice the range of betting possibilities available is very wide and these are just two examples. You can even buy a bet on whether a market, say the FTSE 100 will trade within a range for some pre-determined period.
Let's take an example where you believe that the Wall Street Index is likely to fall. So suppose you log onto your Betonmarkets account and on the dealing interface you pick an one-touch bet for the Wall Street Index to touch 11,550 within 20 days. The system returns you a price of GBP300, while you input the 11,550 index level and select a payout of GBP500. It represents a net profit of around GBP200 & a 67% return on your initial investment if the Wall Street Index is currently trading at 11,723.61.
In practice, either placing a low payout, long-term bet based on a steady market or a high payout and short term bet to take advantage of volatile market conditions, is to be noted here, given the flexibility on the parameters to change. So as you can see you will quickly find out that the number of strategies you can use with financial betting are practically endless - you can swing trade or position trade and the adrenaline junkies out there can even day trade! And if you believe that the market is in for a rough ride, you can even take an index bet to protect against say your long blue chip shares portfolio falling in value. And moreover, this financial trading is all done under the guise of financial betting, profits are basically free of tax.
So Betonmarkets would be a possible fit, if you want an easy way to trade the markets. Unlike futures and options, these products are not complicated to understand and as opposed to spread betting and CFDs, your risk is strictly limited to your stake. If you wish you can even open a demo account to try the platform out before committing any real monies or use the trading guide provided as a free download to learn more about financial betting in general. If wanting to test a trading strategy, the Betonmarkets trading simulator is quite handy.
Bet on the markets! is what Betonmarkets refers to speculating on the markets, and to conclude, you may find that financial betting is a perfectly feasible way to take a position on the markets, and unlike most brokers and forex companies out there.
As important to the development of Betonmarkets. For the Betonmarkets, it has really been working very well in the industry of financial betting, and it is something you would easily realize. Various kinds of trading options for the clients to choose from, is what it would provide.
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