Price Wars Have Made Spread Betting More Competitive Than Ever
August 3, 2010 12:12 pm
Capital Spreads Review
Capital Spreads offer a wide variety of bets on Financial Products which include: Indices, Shares (UK & US), Currencies (FX), Commodities (Metals, Oils & Coffee etc), Interest Rates and Bonds. You can bet on the Future, Cash (which expire at the end of each day) and Rolling Daily products.
The spreads and margins at Capital Spreads are extremely competitive and most are found to be better value than some of their bigger competitors thus giving you more opportunity to profit. As far as spreads are concern Capitalspreads has lower spreads than IG Index and City Index. The spreads are important for scalpers and very short time, volume and frequent traders. I bet even if they offer zero spreads most will still loose money.
IG Index Review
IG Index is of course Britain’s largest financial spread betting firm, offering prices in a huge range of indices, currencies, commodities and options, as well as thousands of individual stocks and shares.
IG Index has recently cut its spreads on its most popular indices, and it has just reduced them even further. Spread bettors can now trade the Daily FTSE and Daily Germany 30 for just one point and the Daily Wall Street for two. The main currency pairs are typically only one or two pips, while Daily Spot Gold is half a point and Daily Crude Oil four points
City Index Review
City Index offers spread bets on a wide range of markets from shares and indices to bonds and commodities. It offers a good level of customer service (with live chat support) and a state of the art online betting platform, as well as a free charting package and huge resource center.
City Index started the spread wars by lowering its spread on the FTSE, Wall Street, German DAX 30 and French CAC-40 indices to just one point during market hours. Several of the other providers have since followed suit by announcing matching reductions. However, City Index does not provide details of its spreads on the City Index site (other than for a few main markets) which is generally not a positive point as it probably means that the spread cuts on the main markets is a marketing ploy to attract business.
Capital Spreads Review
Capital Spreads offer a wide variety of bets on Financial Products which include: Indices, Shares (UK & US), Currencies (FX), Commodities (Metals, Oils & Coffee etc), Interest Rates and Bonds. You can bet on the Future, Cash (which expire at the end of each day) and Rolling Daily products.
The spreads and margins at Capital Spreads are extremely competitive and most are found to be better value than some of their bigger competitors thus giving you more opportunity to profit. As far as spreads are concern Capitalspreads has lower spreads than IG Index and City Index. The spreads are important for scalpers and very short time, volume and frequent traders. I bet even if they offer zero spreads most will still loose money.
IG Index Review
IG Index is of course Britain’s largest financial spread betting firm, offering prices in a huge range of indices, currencies, commodities and options, as well as thousands of individual stocks and shares.
IG Index has recently cut its spreads on its most popular indices, and it has just reduced them even further. Spread bettors can now trade the Daily FTSE and Daily Germany 30 for just one point and the Daily Wall Street for two. The main currency pairs are typically only one or two pips, while Daily Spot Gold is half a point and Daily Crude Oil four points
City Index Review
City Index offers spread bets on a wide range of markets from shares and indices to bonds and commodities. It offers a good level of customer service (with live chat support) and a state of the art online betting platform, as well as a free charting package and huge resource center.
City Index started the spread wars by lowering its spread on the FTSE, Wall Street, German DAX 30 and French CAC-40 indices to just one point during market hours. Several of the other providers have since followed suit by announcing matching reductions. However, City Index does not provide details of its spreads on the City Index site (other than for a few main markets) which is generally not a positive point as it probably means that the spread cuts on the main markets is a marketing ploy to attract business.
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