UK-based financial trading firm Spreadex has announced it is reducing the minimum stake requirements on 100s of its major markets, including Wall Street, UK 100, GBP/USD, Brent Crude and more.
The move has been made to help offer better value trading opportunities to investors during the current turbulent climate, meaning cheaper access for those who want to open positions on the global markets.
For example, the minimum stake to trade Wall Street – i.e. the Dow Jones – has fallen from £1.00 to just 10p, meaning you can hold a position with a deposit of less than £150. Elsewhere the minimum stake to trade the UK 100 has dropped from £1 to 50p, with both the Germany 30 and GBP/USD down from £1 to 20p.
Spreadex spokesperson Connor Campbell said: “2020 has posed some unique challenges for investors, with market sentiment often turning on a dime. That’s why we at Spreadex wanted to allow traders greater fluidity when managing their portfolios and positions, by reducing the cost at the point of entry.
“It goes back to Spreadex’s ethos of allowing investors to trade what they want, how they want and when they want. It is now easier than ever to get involved with financial spread betting at Spreadex, and these reduced minimum stakes present investors with the ability to be more nimble and fleet-footed when it comes to market volatility.
“With a powerful and fully-customisable trading platform, unparalleled customer service and thousands of markets on offer, Spreadex has once again strengthened its hand as being among the best spread betting brokers in the world.”
Established in 1999, Spreadex is regulated by the FCA. Offering spread bets, CFDs, forex, Options, ETFs and more, Spreadex has recorded profits every year since 2008.