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The Financial Spread Betting Handbook: The definitive guide to making money trading spread bets by Malcolm Pryor

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1. Choosing A Spread Betting Firm

Before we start to spread bet we need a spread betting account. This chapter provides a little background to the spread betting market and then looks at how to select a spread betting firm. If you are an experienced spread bettor with more than one account you may find you know most of this material and can whizz through it.

Origins and growth of the market

IG Index – the first spread betting firm

The first spread betting firm was IG Index, who set up a facility in 1974 for people to bet on the price of gold (when there were restrictions on buying gold outright). They also introduced betting on a number of other financial instruments.

Over time, other firms entered the market and the range of the futures ...

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