Highlights at LongsandShorts
Free Guaranteed Stops at ShortsandLongs!
Markets Covered
Selection is currently limited, however even so more than 250 markets are available including main indices (such as the FTSE 100, DAX, Wall Street, SPX 500, US Tech 100, Eurostocks 50, Nikkei 225)...etc), all FTSE 350 shares, commodities such as gold, silver and crude oil, UK Gilts and main forex pairs.
Training Facilities
Not currently available.
Typical Spreads
FTSE 100: 1 points
Wall Street:3 points
EUR/USD: 2 points
GBP/USD: 3 points
Dealing Commissions and Fees
A fee of 1.5% is applicable for credit card deposits. No fee for deposits by BACS or direct debit.
Financing Charges
[to check]
Accounts Available and Credit Facilities
Deposit Accounts. No Credit.
Minimum Stake and Deposit
Minimum stake is generally £1 but this varies according to the market. All transactions are in Sterling.
Rolling Policy
Daily share trades expire at the closing market price of the share plus or minus half the ShortandLongs spread. Daily bets can be rolled over though. If you have a rolling trade the position remains open without crystallising and a funding debit or credit is applied to your account.
Futures
If you have a spread bet in a futures trade which is nearing expiry and you wish for the spreadbet to continue after expiry, you will need to close the trade and re-open in the next contract period. There is no discount for rolling over a futures position.
Stop and Limit Orders Available
Free Guaranteed stops on all positions. Only Market and Stop orders, i.e. no Limit open, OCOs...etc
Opening Hours
Open for trading from 07:00am until 21:15pm, Monday to Friday
Research and Charting
Limited
Support
Superb e-mail and telephone support.
Details and Signup Incentives
Special weekly markets, where a given market’s spread is cut dramatically for that week plus I guess free guaranteed stop loss orders for life are as big an incentive as any too! A more detailed review of ShortandLongs is available here
Comments? Inaccuracies!!? Send your comments to traderATfinancial-spread-betting.com The spreads of a particular firm have changed? E-mail us and we will post and update.