Sporting City Index
Sporting City Index has been designed to provide you with an unparalleled sports spread betting service.
You will have the opportunity to spread bet on the widest range of sports markets available.
They also offer the most 'in-running' markets within the industry, special promotions throughout the year, regular e-mails containing spread prices and sports news. All the profits you make are tax-free.
Securities and Futures Authority
Sporting City Index is regulated by the Securities and Futures Authority (SFA). The SFA was set up under the UK Financial Services Act of 1986 to regulate many UK financial markets, including spread betting companies. The SFA is the British equivalent of the American CFTC (Commodity Futures Trading Commission) and SEC (Securities and Exchange Commission) rolled into one.
SFA regulators inspect spread betting firms on a regular basis to ensure that each firm conforms to the strict rules of the Authority. These include the setting aside of funds as a guarantee against a company suffering big financial losses, as well as a host of stringent regulations to protect the client. Any money deposited with these SFA-regulated companies is segregated under the Authority's regulation to ensure complete security. Winnings are also guaranteed under SFA regulation.
Online Security
There is no need to be worried about trading online. Their website has been designed by online experts with security of paramount importance. Their secure server software encrypts all of your personal information (ie your name, address and card number) so that it cannot be read as it travels over the internet.
Limited Risk
A Sporting Index 'Select' account offers you all the thrills of an ordinary spread bet with the added security of limited exposure. The 'Select' account allows you to 'spread bet with a safety net'.
Select accounts have a 'Stop-Loss' level applied to the majority of markets. This is a specific level at which certain trades are closed to prevent open-ended losses or profits. This means that when trading on a Select account, you are aware of the maximum you may win or lose every time you trade.
In addition, a Select account also allows you to trade in smaller stakes.