With the introduction of the mobile trading platform, City Trading, spread betting the FTSE 100 on-the-go is now a realistic possibility, and City Index has released tips to help traders make the most of their spread betting accounts.

FTSE 100 is a share index of the stocks of the 100 companies listed on the London Stock Exchange, having the highest market capitalization and spread betting it is simplified with a mobile trading app.

The City Index Spread Betting Guide, designed by expert traders, offers practical tips and insights on spread betting. It's packed with information on how to spread bet, how to manage risks and choose the markets using the mobile trading application.

Launched in 2009, the City Trading app is reportedly the first live spread betting and CFD app for Android, Blackberry and iPhone (News - Alert) devices. It provides users secure access to their City Index trading account whenever they want.

Traders who don't have an account need to create one. Instant access to the spread betting account while on the go is vital to ensure they don't miss out on certain opportunities.

The first part of the guide gives an overview of how spread betting came into being, and how it has progressed over 40 years. While it elaborates at length the benefits of spread betting and how it gives retail trading clients an edge over the regular form of trading, it also mentions the risks involved.

A couple of chapters are devoted to teaching traders how to analyze and learn about the market and price trends before placing a trade. A comprehensive trading strategy is possible only when traders know the ins and outs. Another whole chapter is devoted to the key risk management tools available to help keep trading losses at a minimum.

Spread betting experts have also outlined a five-step plan that details how the key components spread bettors function when placing a trade, from selecting a market to placing a trade and managing their risk – all using the City Trading app.

City Trading has won numerous awards since its launch in 2009. The organization was awarded the Money AM ‘Best Mobile Trading Platform’ for 2010 and 2011, Financial Times (News - Alert) and Investors Chronicle Award for 'Innovation of the Year (Mobile)' 2010 and, more recently, the Shares Magazine 'Best Online Trading Application' Award for 2011.