CityIndex, the spread betting, CFD and margined forex provider has cut the price of its spreads on 4 major index markets to 1 point.
They now offer spreads of 1 point during market hours on:
FTSE 100 (previously 2pts)
Wall Street (previously 4pts)
Germany 30 (previously 2pts)
France 40 (previously 2pts)
The new spreads are available on all rolling and daily future spread bet markets and non future CFD markets.
Joshua Raymond, CityIndex, said: “We are very pleased to be able to offer our clients further savings by reducing our spread prices on these 4 major Index Spreads markets.
“Having recently launched Day Trades earlier in the year, a new product which gives our clients major discounts on our 20 leading FTSE shares, we are still firmly committed to offering our clients some of the most competitive spreads ever seen in the industry.”
CityIndex Group is a provider of retail trading services, transacting in excess of 1.5m trades per month for the group’s customers around the world.
CityIndex trading platforms give access to thousands of derivatives on global financial markets, including; Spread Betting, Contracts for Differences (CFDs) and margined foreign exchange (FX).
The Group trades primarily under the CityIndex, Finspreads and FX Solutions brands
They recently launched City Trading, its first iPhone Spread Betting and CFD Trading application that provides full and secure access to customers’ trading accounts, whenever and wherever they want.
Spread betting and CFD trading carry a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
Content approved / provided by City Index Limited which is a company registered in England and Wales, number: 1761813. Authorised and Regulated by the Financial Services Authority. FSA Register Number: 113942.
Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
'CityIndex Cuts Spread Betting Prices', Review by D. Jones, last update: 23-Apr-10
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