ProSpreads
ProSpreads started life as FuturesBetting.com in 2005, a company which was set up to provide serious speculators with a trading platform which could deliver the level of technology demanded by professional traders.
This platform technology has evolved to deliver the ultimate in Direct Markets Access functionality for executing spread bets on the major indices, currencies and commodities.
Prospreads can offer tight prices because their spread betting platform directly references the underlying market prices where hundreds of market participants compete to trade. As a result of this liquidity the spreads are forced to narrow. For example, the FTSE 100 Index Future normally trades with a 0.5 point spread in the underlying market.
ProSpreads’ dynamic spread card allows clients access to a FTSE 100 spread of just 0.7, when their monthly volume exceeds 200 lots.
The ProSpreads platform allows you to trade in 4 different ways:
1. Order ticket – This is the more traditional way of executing any order and is typically utilised by the longer term or less seasoned pro.
2. Single click – This method is used by the more experienced individual, where speed and simplicity are important. A simple click of the mouse will instantly execute a ‘market’ on ‘limit’ order with a user defined default quantity.
3. Depth of market – otherwise known as Level 2 execution. Users can place their orders on level 2 screen which shows the underlying depth of market.
4. Ladder – The ladder is the most popular way to trade and allows the user to place the most common types of order on a dynamic depth of market screen. This is the scalpers choice for executing spread bet orders.
Whichever way you choose to execute your spread bet, ProSpreads will not restrict the level you place any of your orders. You are free to place your limit and stop orders at any price, including at a level which is inside the underlying market spread!
Spread betting carries a high risk to your capital, can be very volatile and prices may move rapidly against you. Only speculate with money you can afford to lose as you may lose more than your original deposit and be required to make further payments. Spread betting may not be suitable for all customers, so ensure you fully understand the risks involved and seek independent advice if necessary.
ProSpreads Limited, incorporated in Gibraltar, is a part of the group of companies controlled by London Capital Group Holdings plc, registered number: 05497744, registered address: 12 Appold Street, London EC2A 2AW. ProSpreads Limited is a company registered in Gibraltar under registered number 91368. Registered address: 2/3b Horse Barrack Lane, Gibraltar. ProSpreads Limited is licensed as a gaming company by the Government of Gibraltar (Gaming Licence No.28) and authorised and regulated by the Financial Services Commission (FSO98 Category 1 Authorisation No.FSC00824B)
- Key Highlights
- Ultra Tight Spreads & No Re-quotes
- 4 ways to spread bet
- Trade Inside The Spread
- Fastest Execution
User reviews
Average rating (2)
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bsmart |
Dont use this company, PM me for details |
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| Forex | Spread Betting | CFDs | Equities | Futures | Options | Binary Betting |
|---|---|---|---|---|---|---|
| Online Application | Online Trading | Demo Account | Mobile Trading | Charting Package | Trade From Charts |
|---|
| EUR / USD Spread | USD / JPY Spread | USD / GBP Spread | USD / AUD Spread | EUR / CHF Spread | CHF / JPY Spread | - | - | - | - | - | - |
|---|
| Charging Structure | Fee Structure | Maximum Leverage | Minimum Deposit | Other Information | - | - | - | - | - |
|---|
| Online Application | Online Trading | Demo Account | Credit Account | Mobile Trading | Deposit Account | Stop Loss | 24 hour trading | Candlestick Charts | New Account Offers |
|---|
| FTSE 100 Daily | FTSE 100 Future | Wall St Daily | Dax 30 Daily | S&P 500 Daily | Nasdaq 100 Future | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Futures - 1 point | Mini Dow futures - 3 | Futures Dax - 1 | Futures - 1 point |
| GBP / USD | EUR / GBP | EUR / USD | USD / JPY | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Daily | Future | Daily | Future | Daily | Future | Daily | Future | ||||||||
| Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gold | Brent Crude | Nymex US Crude | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Daily | Future | Daily | Future | Daily | Future | ||||||
| Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Spread | Margin | Future - 0.25 | 0.25 point | 0.25 point | Future - 0.019 point | Future - 0.019 point | Future - 0.019 point |
Broker data last updated on: 03/12/2009
