GFT’s entry in to the UK spreads market is getting ever more competitive. They have now announced reduced prices on their most popular spread betting and CFD markets.
Best known for their online spot forex trading services GFT are now letting customers trade three of the most widely traded daily indices markets with just one-point spreads.
So whether you fancy their spread betting of CFD products the Daily FTSE 100, DAX and CAC are now quoted with one point spreads.
According to Simon Mansell of GFT, “these new spreads, combined with our recently introduced forex spreads as low as one pip, reinforces GFT’s leadership in online trading,”
Out of Hours Spreads
Looking at their out of hours spreads on the FTSE 100 below, they’re also looking competitive:
FTSE 100, 08:05 - 16:30 London time, 1 points spread
FTSE 100,16:35 to 21:00 London time, 2 point spreads
FTSE 100, 21:00 to 08:05 London time, 6 point spreads
Why GFT? Here’s what they say:
“Traders interested in speculating on indices will find many reasons to trade with GFT, including indices from 26 countries, competitive spreads and margin requirements as low as 0.5%.
“In addition, guaranteed stops are available on all indices (for an extra charge) and many indices are quoted 24 hours a day, even when the underlying market is closed.
GFT also offers CFDs and spread bets on individual shares, commodities, bonds, interest rates and forex”
Please Note: Spread betting carries a high level of risk to your capital and 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.
GFT Global Markets UK Ltd. is authorised and regulated by the Financial Services Authority.
'New Narrow GFT Indices Prices' by DB, updated 13-Jun-08
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Risk Warning: Spread betting carries a high level of risk to your capital and 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.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.