Ladbrokes Financial Spreads
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Ladbrokes, one of the world’s leading gaming companies, has announced the launch of a new, financial spread trading service on its website.
The Ladbrokes Financial Spreads offering, developed in conjunction with WorldSpreads, is unique as it operates on a dual platform giving both new and experienced spread trading customers the option of using a service specifically tailored to their needs.
Like other spread trading services Ladbrokes Financial Spreads offers new investors the assurance of limiting their losses to the amount they have deposited in their Ladbrokes account by using the “Standard Platform”.
Other advantages of the Standard Platform include:
- Free Guaranteed Stops
- Spreads as low as 1 point, and
- The ability to buy or sell movements such as the day change on any one of the 18 most popular indices and currencies including FTSE 100, DAX 30, Wall Street and NASDAQ
Ladbrokes Financial Spreads Advanced Platform
An experienced spread trader can switch to the “Advanced Platform” which has features including Trailing Stops to enable automatic management of your account.
The Advanced Platform also enables investors to trade using “Contingent Orders” where a trade is not activated until another separate order is executed (for example a buy order is not triggered until a separate sell order is completed).
With the Advanced Platform an investor can also be both long and short in the same market at the same time.
The range of markets also extends beyond the leading indices to stock prices of the UK top 100 and 250 as well as leading Irish, European, US and South African companies. It is also possible to speculate on the futures of these markets.
Ladbrokes has over 765,000 active customers and the new spread trading service is aimed at appealing to these customers as well as new customers seeking an easy to understand financial spread trading service.
John O’Reilly, MD, Ladbrokes, said, “Ladbrokes customers now have the option of spread trading using a choice of platforms tailored to their level of experience and knowledge. We are committed to offering our customers the widest possible range of opportunities and Ladbrokes spread trading is the latest demonstration of that commitment.”
Ladbrokes offers a single online wallet across sportsbook, casino, poker, bingo and financial spreads. As such money can be placed in a financial spread trading account at all times, not just when markets are open.
Ladbrokes Financial Spreads Offer
At the time of writing, Ladbrokes Financial Spreads is also offering customers up to £300 cashback on net losses made in the first 8 weeks of opening a spread trading account. Terms and conditions apply.
Ladbrokes Financial Spreads is a trading name of WorldSpreads Ltd. WorldSpreads Ltd is authorised and regulated by the Financial Services Authority under registration No: 230730.
Risk Warning
Spread trading is a leveraged product. It carries a high level of risk to your capital and, as it is possible to lose more than your initial investment, it may not be suitable for all investors. Therefore, ensure you understand the risks involved and seek independent advice if necessary. The tax treatment of spread trading may be subject to change in the future.
About WorldSpreads
WorldSpreads Group plc (AIM: WSPR) is a fast growing financial services group offering online and telephone trading.
The Group's core activity is the provision of spread trading products on the financial markets to retail clients from its website, WorldSpreads.
WorldSpreads Limited, a wholly-owned trading subsidiary of WSPR, is authorised and regulated by the Financial Services Authority. The firm provides a full range of spread trading prices on all the major financial markets, including stock market indices, individual equities, forex markets, commodities and interest rates.
The Group floated on the LSE’s AIM market in August 2007 and gained a dual listing by joining the Irish Stock Exchange's ESM market in May 2008.
Risk Warning: Spread trading carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Ladbrokes Financial Spreads' by DB, updated 17-Jun-10
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