Losses can exceed deposits
Life After BetVictor FinancialsBetVictor Financials have now closed.
Either the bookmaker decided to withdraw from the financial spread betting market or the collaboration has been ‘rationalised’ by London Capital Group.
It’s probably a bit of both.
According to the FCA register ‘BetVictor Financials’ was delisted as a Trading Name of London Capital Group on 18-Dec-2015.
Nevertheless if you liked the BetVictor Financials platform then FinancialSpreads.com is a very similar alternative, it has a similar platform layout.
They only offer +1,000 markets compared to BetVictor Financials’ +2,000+ markets but the spreads on the markets that most investors trade are the same or better.
Also see the Financial Spreads review.
(A more obvious option would be the Capital Spreads site but that is being merged into LCG Trader. This issue here is that LCG Trader is a relatively new platform and we prefer tried-and-tested).
The information below is being kept for archive purposes but with ‘BetVictor Financials’ no longer trading it should not be relied upon.
On CleanFinancial.com we want to help investors choose the trading option that is right for them. One option is BetVictor Financials, which offers both spread betting and CFDs.
- Tax Free Investments*
- No Capital Gains Tax
- No Stamp Duty
- No Income Tax
- You can buy or sell whole stock market indices as well as speculate on individual shares, forex, commodities and treasuries
- No commission fees
- No brokerage fees
- A wide range of markets
BetVictor Financials AccountThe following table gives an overview of the BetVictor Financials account:
|Average User Rating||2|
|New Account Offer|
|24 Hour Trading|
|Stop Loss Available|
|Automatic Stop Loss|
|FCA Authorised and Regulated|
User Comments & Ratings on BetVictor Financials
Add Your View – if you have any comments or questions on BetVictor Financials, feel free to add them here.
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BetVictor Financials – MarketsBelow we have listed a small selection of the 2,500+ markets available with BetVictor Financials.
For each market you will find the typical in-hours spread size and the minimum stake for that BetVictor Financials market.
- European stock markets: AEX, Euro Stoxx 50, German MDAX 50, Sweden 30 & Swiss SMI
- World stock markets: Australia 200, China Enterprise, Hong Kong Hang Seng, Indian Nifty 50 & Johannesburg Index
Typical In-Hours Forex Spread Sizes with BetVictorFinancials
|EUR / USD Daily||–|
|GBP / USD Daily||–|
|EUR / GBP Daily||–|
|USD / JPY Daily||–|
|Forex minimum stake||–|
- The Majors: Australian Dollar/Yen, Australian Dollar/US Dollar, Swiss Franc/Yen, Euro/Australian Dollar, Euro/Swiss Franc, Pound/Yen & US Dollar/Swiss Franc
- The Minors: Australian Dollar/Canadian Dollar, Australian Dollar/New Zealand Dollar, Euro/New Zealand Dollar, Pound/Swiss Franc, Pound/South African Rand, US Dollar/Swedish Krona & US Dollar/South African Rand
- The Exotics: Dollar/Polish Zloty, Dollar/Mexican Peso & Dollar/Czech Koruna
Typical In-Hours Commodities Spread Sizes with BetVictorFinancials
|Brent Crude Oil Daily||–|
|Brent Crude Oil Futures||–|
|US Crude Oil Daily||–|
|US Crude Oil Futures||–|
|Commodities minimum stake||–|
- Energies: Carbon Emissions, Heating Oil & Natural Gas
- Metals: Copper & Silver
- Softs / Agricultures: Cocoa, Coffee, Cotton, Orange Juice, Soybean, Sugar & Wheat
Spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. These trading products may not be suitable for all investors so seek independent advice.
Also see reducing your trading risk when spread betting.
About BetVictor, LCG, Stability and UK Regulation
Losses can exceed deposits
Through the new platform customers will now be able to trade indices, FX, equities, bonds and commodities via the BetVictor Financials website using the infrastructure of LCG’s proprietary spread betting and CFD platform
BetVictor Financials is a trading name of London Capital Group Limited, which is authorised and regulated by the Financial Conduct Authority.
LCG has over 70,000 clients worldwide and offers a wide variety of financial trading products and platforms for retail, professional and institutional traders.
LCG is recognised as an industry leader in partnerships and, in particular, building white label solutions. Partners of LCG include Financial Spreads, bwin.party (InterTrader), Betfair (Tradefair), TD Direct Investing, Saxo Bank and Selftrade.
Upon launching the new betvictorfinancial platform at the start of 2013, Simon Denham, Chief Executive at London Capital Group said: “BetVictor is recognised as one of the top online betting providers and we are delighted to enter into partnership with them”
Victor Chandler, Chairman at BetVictor said: “We are delighted to partner with London Capital Group, who we have recognised as a leader in the provision of white label solutions to both financial and gaming operators. We recognise their product offering to be at the forefront of their industry as they, like us, embrace new technology and delivery.”