Press Release

FinancialSpreads.com Launch CFDs

Spread Betting

Feb 29, 2012 15:13 GMT

Financial Spreads, the UK spread betting company, has launched a low cost Contracts for Difference (CFD) service.

Financial Spreads is now offering CFDs on all its markets which means that clients can speculate on over 2,500 CFD markets including UK and US shares, forex, stock market indices, commodities, bonds and interest rates.

Unlike many CFD brokers, Financial Spreads is offering a commission-free service. Instead of a commission, a small spread is applied to the underlying market; for example, on FTSE 100 shares the spread is as low as 0.1%.

Benefits of using the new CFD trading service include:

 - No commissions
 - No brokers' fees
 - Low minimum margin rates
 - Professional level trading charts for every market
 - 24 hour trading on a range of popular markets*
 - No stamp duty**
 - The ability to choose between CFDs and financial spread betting from the same account

Adam Jepsen, spokesman for FinancialSpreads.com, commented, "As with our financial spread betting service we are committed to low cost trading.

"With CFD trading the primary costs are normally the 'commission' and the 'spread', i.e. the difference between the sell and buy price. Therefore it typically costs more to trade with companies that have high commission levels and wide spreads.

"If an investor trades CFDs with FinancialSpreads.com there are no commissions. We also offer some of the tightest spreads in the market. E.g. the spread applied to FTSE 100 shares is 0.1%, i.e. just 0.05% per side of the underlying share."

While http://www.financialspreads.com/ offers clients an array of risk management tools such as Stop Loss orders, Guaranteed Stop Loss orders, Limit orders and Trailing Stops, investors should be aware that both CFD trading and spread trading are leveraged and therefore carry a high level of risk.

"With both CFDs and spread betting, investors can lose more than their initial deposit so you should ensure these forms of trading meet your investment objectives. Always seek independent financial advice if you do not understand the risks," added Jepsen.

Categorization

Topics:
Economy, Finance
Tags:
money
trade
invest
financial
finance