Reviews of Spread Betting Companies

StartOptions

admin — Sun, 28 Mar 2010 21:37:47 +0000

StartOptions is an innovative, binary options trading platform that lets you speculate your views and trade the markets. The StartOptions binary options platform is web-based and provides binary traders with access to a number of underlying assets such as currencies, commodities, indices and a select number of stocks.

StartOptions is held by the SimplyBullish network and the company behind the group have operations based in Cyprus and Australia (regulated by AFS). StartOptions is a brand of TradeSmarter.

Capital Spreads

admin — Sat, 26 Sep 2009 21:13:25 +0000

Capital Spreads is part of the London Capital Group (LCG). London Capital Group was originally setup in the mid-1990s as a proprietary trading business, under different management. In September 2002, it started trading as an institutional broker (now known as Capital Derivatives) mostly focusing on the inter-bank futures market. The new administration precipitated the launch of Capital Spreads in October 2003. London Capital Group was further floated on AIM in December 2005 and currently makes most its revenues mainly from its operations based in the UK.

LCG also uses its expertise and experience to develop White Label Partnerships and Joint Ventures with leading international brands including E*TRADE (TD Waterhouse), PaddyPower, Saxo Bank, Tradefair and PartyGaming, providing financial spread betting capability.

ETX Capital

admin — Fri, 25 Sep 2009 20:41:26 +0000

ETX Capital (used to be known as TradIndex) is operated by Monecor (London) Ltd and has been operating since 2002. Originally, ETX was a division of Tradition, the bonds broker, but it was bought out in 2007 by Tradition’s then UK boss Robin Houldsworth and rag trade and pub entrepreneur Peter Shalson, famed for having had Sir Elton John sing at his wedding.

ETX’s product range tends to focus only on the most liquid and heavily traded financial markets. Although TradIndex is a relatively new company, its employees have considerable industry experience with quite a number being involved in the financial industry for over 20 years.

IG Index

admin — Wed, 23 Sep 2009 20:37:38 +0000

IG Index is one of the UK’s biggest and oldest established spread betting companies with 2009 marking its 35th year as a spread betting provider. According to a survey conducted by specialist Investment Trends one in every two active financial spread betting traders in the United Kingdom now holds an account with them. It’s fully regulated by the UK’s Financial Services Authority and quoted on the FTSE 250 so a very solid company. Their platform is superb and their spreads acceptable although not the best.

CMC Markets

admin — Tue, 22 Sep 2009 17:00:48 +0000

Established in 1996 CMC Markets is the brand name of CMC Markets UK Plc and CMC Spreadbet Plc. CMC Markets (CMC stands for Currency Management Corporation) is one of the bigger spread betting providers with some 16 offices around the world. CMC Markets’ bespoke Marketmaker system is a pretty good system when you get used to it, but a bit daunting for a newcomer. Their software can either be downloaded on to the desktop, or or accessed via a web browser.

Spreadex

admin — Tue, 22 Sep 2009 13:14:16 +0000

Spreadex was established in 1999 joining the 3 other main incumbents at the time. In May 2006, Spreadex launched an online sports spread betting service and subsequently in 2007 they integrated an online financial trading platform so clients could deal online instead of just by telephone. Far from being an unapproachable, faceless bookie -they are quite friendly and fairly quick to deal with any problems.

WorldSpreads

admin — Mon, 21 Sep 2009 13:43:58 +0000

Founded in 2000, WorldSpreads are one of the most progressive companies in the financial spread betting industry. The company is publicly listed on the AiM in London and has 9 offices across Europe, and also in Malaysia and South Africa.

WorldSpreads site is in 14 languages and accepts trades in four currencies, £, $, € and Swedish Kroner. WorldSpreads clients have the option of three accounts dependant on their experience – Lite which is an account with free guaranteed stops, Advanced which has a more technical platform and for those who wish to avail of zero spreads they have the Platinum Account which requires a deposit of £5,000.

WorldSpreads is still one of the smaller spread betting providers but over the last 7 years has experienced rapid growth predominantly led by their attractive 1 point spreads on 6 of the most popular markets traded by investors. WorldSpreads have excellent account opening initiatives; new accounts can avail of a Free £5 trade on the FTSE or £300 Cash Back against losses. White labels include TwoWaySpreads.

GFT Global Markets

admin — Sun, 20 Sep 2009 13:18:57 +0000

Based in the Canary Wharf development of London, GFT Global Markets is tied to the U.S. forex dealing firm, Global Forex Trading (GFT). It is the venture of Gary L. Tilkin, a reputable global commodities and financial services entrepreneur with a career in futures and forex trading spanning 30 years, Mr Tilkin launched GFT in 1997 from the basement of his Michigan home. At the time it was one of the first companies in the USA to offer online currency trading.

GFT is now a global spread bets, CFD and spot forex provider with local services and offices around the world. Their trading platform is developed on their in-house developed technology for DealBook® 360 – a platform which is available as a software or web-based spread trading platform and is also complemented by a mobile trading platform.

Finspreads

admin — Sat, 19 Sep 2009 13:10:54 +0000

Financial Spreads, previously part of IFX Group PLC became a division of City Index when they acquired them in mid-2006. Since Finspreads is now trading name of City Index, the two websites are now very similar to each other and use the same trading platform.

InterTrader

admin — Fri, 18 Sep 2009 15:36:50 +0000

InterTrader is the spread betting arm of PartyGaming, who created PartyPoker. They use the London Capital Group system for the trading platform but they strive to enhance the user experience through education and a number of other features.