£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.
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: 10-Mar-10
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Trade the tightest FTSE spreads available² & find a range of benefits at:
FinancialSpreads.com
£1 per point: Start trading £1 per point/tick & an initial deposit of £30
Multiple markets: Forex , Commodities, Indices & Equities
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.