IG Index Reveals New Spread Cuts on FTSE, DAX and DOW

Spread betting provider IG Index have announced that they’ve cut their spreads on some of their most popular indices by half with the Daily FTSE 100 and Daily Germany 30 just 1 point and Daily Wall Street down to 2 points. An IG Index spokesman commented:

‘This latest spread cut is available from 29 March 2010, and continues our commitment to provide outstanding value for money alongside quality service. The tighter spreads are available throughout the trading day when the relevant underlying stock indices are open.’

IG Index took the opportunity to remind clients that they will never re-quote any prices and their award-winning PureDeal platform handles around four million orders per month with around 99% of all orders executed automatically.

As well as their indices spread cuts, IG have recently reduced their forex spreads, with EUR/USD and USD/JPY from just 1 pip and GBP/USD and EUR/GBP from just 2 pips.

Comments: IG Index keep getting better and better, the IG Index’s platform was already one of the best out there in terms of execution, reliability and their charting package with Prorealtime made it as good as any. Now they are busy closing the gap on other providers and putting up a wall on new potential rivals looking into taking a piece of the action. And to put the icing on the cake IG are now also offering a free forex spread betting book written by their Chief Market Strategist (David Jones) to any new clients who sign up from my site.

Tags: IG Index, igindex

This entry was posted on Monday, March 29th, 2010 at 6:56 pm and is filed under Broker News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.