My First Spread Bet

Today is February 29th 2012 and I’ve opened a spread betting account with IG Index.

I’ve deposited just £50.00 and am only trading 10p per point. I want to get a taste of how this all works before I commit any more of my money here.

I’m pretty excited by how easy it’s been to set up the account and get started.

I’ll stick the disclaimer in here that although this is my first trade, I’ve always been interested in the markets and have had a fantasy trading account at Bull Bearings since 2007.

Of course, my portfolio is down £70,000 since I started 😉

In my fantasy trade account I’d been holding shares in William Hill and Banco Santander – both currently down but I have faith that they will rise in the coming months.

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