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PROSPREADS
ProSpreads
        
ProSpreads is unique in that it provides users with the same functionality that is available from a Direct Market Access broker. As a result attracts the serious speculator who is looking for that extra edge. ProSpreads references its spread betting price directly from the underlying market price. This means that whatever the underlying price is the spread bet equivalent will be reflected. So you cannot be re-quoted and the price cannot be moved to extremes away from the underlying price. Professional spread betting for the serious player.
Established: Gibraltar 2005 (FSC 91368)
Capitalisation: £100000000
Languages: English
ProSpreads Screen Shot
Advantages
1. DMA Functionality - The advantages of DMA functionality are numerous and ultimately gives the user advanced trading functionality that professional traders demand when tackling today’s financial markets
2. Speed of Execution
3. No-Requotes
4. Tight Spreads
5. Award Winning Platform
6. Scalping and Hedging
Disadvantages
1. Experienced Individuals Only
2. No US Citizens – NB – no SB companies allow US Citizens
3. No If Done Contingent Orders
4. No Automated trading or API Access
Terms & Conditions
See website for details
Account Information
Deposit Margin: 5–15% Exchange margin x 5
Spread Type: Fixed
Spread: 0.25–0.5 point
Spread Explained: Fixed around underlying
Overnight Interest (LONG): No interest charges
Overnight Interest (SHORT): No interest charges
Trade Size (Min): 300p per point 
Account Size (Min): £1,000Account Size (Max): Unlimited
Stop and Limit Orders: YesGuaranteed Stop Orders with Fee: No
Contingent Orders: NoTrailing Stops: Yes
Scalping: YesHedging: Yes
Dedicated Account Handlers: YesDiscretionary Management: No
Accepts US Citizens: NoIslamic Swap-Free Accounts: No
Binary Betting: NoInterest On Balance: No
Markets Covered
CBOT, CME, EUREX, LIFFE, ICE, NYMEX, NYBOT
Products Available
Indices, Currencies, Commodities, Bonds, Interest Rates, Options
Base Currencies: 3
(GBP / USD / EURO)
Introductory Offer
N/A
Setup Costs and Duration
Online – within 24hours of submitting completed application form
Funding Methods and Costs
Debit and Credit Cards & Bank Transfer
Additional Services
Spread Betting on Major Indices, Currencies, Commodities and Options
Forex Trading: NoCFD Trading: No
Futures Trading: NoShare Dealing: No
Demo Account
View platform with all the functionality of the live platform
Open Demo Account:
Software Information
Platform: Pro Spreads - In House
Unique platform providing the same functionality available from a Direct Market Access platform, enabling you to execute a spread bet in a fraction of a second.
Software Requirements
Online with Citrix Install.
Training Facilities
1 on 1 demos, information website, dedicated account handlers, seminars and webinars
24 Hour Trading: NoLive Chat Support: Yes
Live Stream Quotes: YesFree Phone Support: Yes
Mobile Trading: NoMobile Alerts: No
Automated Trading: NoAPI Access: No
        
REVIEWS
Pro Spreads (Which Way To Pay - 8/10/2009)
Pro Spreads is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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