ETX Capital tightens Spreads
January 29, 2010Peter No Comments »ETX Capital has made some considerable reductions to many of their product spreads on some their most popularly traded markets. The reductions start at 25% but some have been reduced by as much as 40%.
Lowered spreads include -:
Daily/Daily Rolling Markets
| Markets | Current Spread | New Spread |
|---|---|---|
| UK 100 | 2 | 1.5 |
| Wall Street | 5 | 3 |
| SP 500 | 5 | 3 |
| US Tech 100 | 2 | 1.5 |
| Germany 30 | 2 | 1.5 |
| France 40 | 2 | 1.5 |
| Japan 225 | 30 | 20 |
First Quarter Markets
| Markets | Current Spread | New Spread |
|---|---|---|
| UK 100 | 6 | 4 |
| Wall Street | 10 | 7 |
| SP 500 | 10 | 7 |
| US Tech 100 | 4 | 3 |
| Japan 225 | 30 | 20 |
Comments: Let’s face it, it is not all about finding the tightest spreads when looking for the best spread betting company but at the end of the day, the spread counts a lot and a wide spread can add significantly to the cost of trading. At the moment there are some 10 spread betting providers around and one can pick or choose between them at your leisure. They each have their individual advantages and disadvantages and certainly it is beneficial to choose a spread betting firm with tight spreads as otherwise you may find that your profits are eroded substantially due to the wide spreads made by some spread betting providers.
Tags: ETX Capital, etxcapital
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