The Fool-Friendly Financial Spread Betting Company
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Specialist investment site 'The Motley Fool' has named WorldSpreads as the most Fool-Friendly spread betting company.
The Motley Fool assessed the needs of both schools of spread betting, those in it for the short term and the long run. WorldSpreads was best suited to the needs of day traders demanding tight spreads, fast execution and low margins as well as investors who want to buy long and collect dividends along the way.
Winning criteria included:
- The ability to preserve gains over long holding periods through low financing, access to the widest range of stocks - not solely the biggest indices, currencies and commodities
- A one glance platform that allows traders to focus on winning strategies instead of opening and closing windows.
Fool was also looking for guaranteed stop orders for absolute risk control and trailing stop orders that 'lock in' increasing amounts of profit.
WorldSpreads impressed on all counts and was placed best overall, with a special mention for offering the widest range of equities to trade, its highly intuitive interface and clarity on risk guaranteed and trailing stop orders.
WorldSpreads CEO Conor Foley said, "The WorldSpreads team and I would like to thank Motley Fool for such an endorsement. It is always pleasing to have one's efforts recognised, but we will continue to strive for an even better service for our loyal clients."
Spread Betting is a leveraged product. It carries a high level of risk to your capital and, as it is possible to lose more that your initial investment, it may not be suitable for all investors. Therefore, ensure you understand the risks involved and seek independent advice if necessary.
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 betting products on the financial markets to retail clients from its website
WorldSpreads Limited, a wholly-owned trading subsidiary of WSPR, is regulated and authorised by the Financial Services Authority and is authorised to offer its products throughout Europe.
WorldSpreads UK offers a full range of spread betting prices on all the major financial markets, including stock indices, individual shares, currencies, commodities and interest rates.
The Group floated on the London Stock Exchange's AIM market in August 2007 and gained a dual listing by joining the Irish Stock Exchange's ESM market in May 2008.
"The Fool-Friendly Financial Spread Betting Company" last update by R Thomas, 14-Jul-2011
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
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