Contracts for Difference Added to FinancialSpreads.com Platform
FinancialSpreads.com 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, http://www.financialspreads.com/
Benefits of using the new CFD trading service include:
- No commissions
- No brokers' fees
- Low minimum margin rates
- Professional level charts for every market
- 24 hour trading on a range of popular markets*
- No stamp duty**
- The ability to trade CFDs and spread bets 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 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.
About Financial Spreads
Financial Spreads offers both CFDs and spread trading on more than 2,500 markets including shares, stock market indices, commodities, forex and treasuries. The service is commission-free and there are no brokers' fees.
Clients can trade CFDs (http://www.financialspreads.com/
Financial Spreads is a trading name of London Capital Group (LCG) which is authorised and regulated by the Financial Services Authority. LCG is a company registered in England Wales under registered number: 3218125. Registered address, 2nd Floor, 6 Devonshire Square, London, EC2M 2AB.
The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.
* From Sunday evening to Friday evening, see www.FinancialSpreads.com for details.
** Tax treatment depends on individual circumstances and may change in the future.