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Spread Betting Companies - Where to Spread Bet

Spread Betting Companies



So where to spread bet?

One option is FinancialSpreads.com, on their adverts they say they offer:
  • 1 Tick FTSE 100 spread1
  • Trade the tightest FTSE spreads available2 & find a range of benefits at: FinancialSpreads.com
  • Constantly tight spreads: eg Brent Crude 5 ticks, Rolling S&P 4 ticks
  • Tax Free Profits*
  • £1 per point: Start trading £1 per point & an initial deposit of £30
  • Multiple markets: Forex, Commodities, Indices, Equities and more

Critical

Not bad but we wanted more. So we picked up the phone:

OSB: Thanks for the above. We like tight spreads but we can see that on your adverts. What else do you offer? Where is your service lacking?

Financial Spreads: Lacking? We do offer the normal leverage that you get with spread betting but we do not offer Credit Accounts. You will need to deposit funds with us in order to trade.

OSB: What else is poor?

Financial Spreads: We can’t see too many other negatives, we’re constantly expanding our range of products and improving the service. Even during the credit crunch we’ve only increased margin requirements on Softs.

OSB: So why no Credit Accounts?

Financial Spreads: The leverage of spread betting lets clients deposit £250 and have the equivalent market exposure of buying £2,500 in shares. That’s a lot of exposure. We’ve seen what can happen at other companies where a client gets £2,000 of credit and 2-3 spread bets later they are down a lot of money. That’s not what we consider good customer service. Part of out job is to protect clients who want to trade but are less familiar with certain markets.

OSB: OK fair enough, thank you for being honest. So lets have your good points, what does Financial Spreads do best?

Financial Spreads: Glad you asked! We offer:
  • Tight Spreads
  • Small Stakes
  • FinancialSpreads.com - fully interactive online dealing with a variety of trading options
  • Daily Rolling and Futures Contracts
  • Free Live Prices
  • Free Charts
  • Low initial margin requirements
OSB:Thank you Financial Spreads


Important: Spread betting carries a high level of risk to your capital and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary and make sure spread betting meets your investment objectives.

For more details on Financial Spreads



1 The FTSE Rolling Daily Spread is 1 tick during market hours & 4 ticks out of hours. 1 Tick is defined as a full FTSE point. See our Product Information for more details.
2 The above information is correct at time of writing.


Financial Spreads is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Services Authority (FSA).

'Spread Betting Companies', review by D. Jones, last update: 19 Nov 08



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FinancialSpreads.com - The Financial Spread Betting Website
FinancialSpreads.com - Forex , Commodities, Indices, Equities
Trade the tightest FTSE spreads available² & find a range of benefits at: FinancialSpreads.com

FinancialSpreads.com - tight spreads Constantly tight spreads: eg Brent Crude 5 ticks, Rolling S&P 4 ticks
FinancialSpreads.com - Tax Free Profits (3) Tax Free Profits³
FinancialSpreads.com - £1 per point £1 per point: Start trading £1 per point/tick & an initial deposit of £30
FinancialSpreads.com - Forex, Commodities, Indices, Equities Multiple markets: Forex , Commodities, Indices & Equities
FinancialSpreads.com - The Financial Spread Betting Website


Risk Warning - Spread betting carries a high level of risk to your capital & you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary & make sure spread betting meets your investment objectives.


(1) The FTSE Rolling Daily Spread is 1 tick during market hours & 4 ticks out of hours. 1 Tick is defined as a full FTSE point. See our Product Information for more details. (2) The above information is correct at time of writing. (3) Tax Law can change.

FinancialSpreads.com is a trading name of London Capital Group Ltd which is authorised & regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW. All information correct at time of publication.

   
Risk Warning: 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.

Disclaimer: Online-Spread-Betting.com does not endorse the information and analysis available on this site. It is provided purely for information purposes and is delivered as a personal view of the writer. Under no circumstances is the information hereon to be used or considered as, an offer to sell, or a solicitation of any offer to buy. The website content does not constitute investment advice and neither the individual contributor nor Online-Spread-Betting.com accepts any responsibility for any use that may be made of the content.

* Tax Free Trading: Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.

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