CFD and FX broker, FxPro has today announced the launch of their revolutionary Spread Betting platform, FxPro Edge, in order to commemorate the start of the 2017/18 Premier League season and the first game of their 3-year sponsorship deal with Watford FC.
FxPro Edge Spread Betting Platform
The new Spread Betting platform will be available for all registered clients of FxPro UK Limited that are residents of the United Kingdom with effect from 11th August 2017. With FxPro Edge, UK clients will be able to Spread Bet on Currencies, Indices, Shares and Commodities, with no commission, whilst benefiting from FxPro’s award-winning order execution.
Upon investigation, The Armchair Trader was interested to learn that the Spread Betting service also provides a built in limited risk account. For all clients, there is negative balance protection as standard. This limits the amount of losses that clients are exposed to within their account to the total amount of their deposit. This means that should a clients’ positions go against them and their account hits a negative balance, they will not owe FxPro any money over and above the amount they have deposited in their account.
FxPro CEO, Charalambos Psimolophitis, commented: “We are committed to consistently providing our clients with new ways to invest in the financial markets. Spread Betting has risen in popularity in recent years, and with FxPro Edge, our clients can now experience the benefits of this new investment method, reinforced by our professional trading conditions and industry-leading No Dealing Desk Execution.”
FxPro is an award-winning online broker, serving retail and institutional clients in more than 150 countries. FxPro provides access to competitive pricing and deep liquidity with no-dealing-desk intervention (subject to Order Execution Policy) via its advanced trading platforms, superior execution technologies and algorithmic tools.