Capital Spreads Review
Owned and operated by the London Capital Group, the holding company behind InterTrader and a variety of the web’s leading casino and gaming brands, Capital Spreads is one of the largest providers of CFD trading worldwide. Known for consistently tight spreads and its wide variety of markets and indices, Capital Spreads is a favourite amongst experienced brokers since it launched its contracts for difference trading platform in July 2010.
Formerly an exclusive spread betting broker, Capital Spreads has crafted a reputation as one of the web’s leading brokers, offering services to countless thousands of traders worldwide. Regulated by the Financial Services Authority in the UK, Capital Spreads now offers in excess of 2,500 different investment and trading products, and runs free monthly web-based seminars covering different aspects of investing and market news. Customer support is responsive, through both email and telephone, and is available throughout the trading week from 8am.
The Capital Spreads event calendar is a particular highlight for traders, mapping significant events that might impinge on the performance of certain positions in one central, easy to manage location. Automatic stop-losses also help cover your liability as a new or inexperienced trader (and can be readjusted to prevent a premature close-out if desired), while small minimum stakes of just £1 make it amenable to small time traders and those looking to learn the ropes before investing more heavily. The low margin requirements also make it possible to highly leverage positions, while a £10k demo trading account facility makes it possible to thoroughly work through your trading strategies before launching on the markets for real.
Incentives & Bonuses
While there are no sign-up bonuses as such, traders are incentivized by free deposits through debit cards and an industry low 2% fee for credit card payments, while spreads can be as low as 0.05% on the FTSE markets, making it a low-cost option with a user-friendly trading interface.