Finspreads

In Brokers / Spread Betting & CFDs

Finspreads is a leading online financial spread betting firm, offering access to thousands of instruments on the world’s financial markets.

We pioneered fully interactive online spread betting in 1999 and we continue to invest in technology to ensure that our service remains amongst the market leaders.

Our goal is to make spread betting as straightforward as possible for every trader, whatever their level of experience. We focus on delivering quick and easy access to the tools and information our customers need to make their trading decisions, act on them, then monitor their performance. We also offer a comprehensive education and support package to help our customers understand and take advantage of the opportunities offered by spread betting.

As a result of our commitment to price transparency, trading education, and great customer support, we have attracted tens of thousands of traders ranging from beginners through to those with decades of experience.

Part of the City Index group

Finspreads is part of the City Index Group of companies, one of the world’s largest providers of derivative trading services for retail investors. Visit http://www.cityindex.com/ for more information.


Further Information

Country: United Kingdom

Website: http://www.finspreads.com/

Ranked #24 of 105 Brokers

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Rated

20 reviews

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Member reviews

Most Recent / Most Helpful

Very good service

I would have given this a max rating 10 score because the customer services are excellent, the platform is easy to use, stops and limits are automatically closed when the underlying trade is closed so no nasty surprises, and the limits and minimum price per pont make the service very affordable.

My only criticism is that there are often data feed issues causing graphs to lag current prices but these tend to occur when trading switches over to Australia post 10pm GMT.

Sep 13, 2009

Registered User (2 reviews, 0 posts)

0 of 0 members found it helpful

Prefer Tradefair

I prefer www.tradefair.com as the platform feels more advanced. They have automatic stops and you can tear off the deal ticket which you can't on finspreads. I have to say the finspreads education is first class though.

Feb 11, 2009

Banned (1 review, 11 posts)

0 of 1 members found it helpful

I Like Finspreads

Having traded through Echelon at the beginning of my spread betting career I now use Finspreads.

I find their platform to be incredibly easy to use and also very comprehensive. They also give plenty of information to do with trades and a very useful chart facility.

I always found their customer service to be very efficient, even if not the most personable.

Jan 21, 2009

Newbie (1 review, 2 posts)

1 of 2 members found it helpful

Little less than average

Poor connection and unhelpful rude people on the phone.
Poor response when attempting to close trades resulting in serious erosion of profit to the point of loss being recorded.
sometimes in volitile periods the platform can freeze or slowup.

Jun 09, 2008

Rookie (2 reviews, 5 posts)

1 of 1 members found it helpful

Very Slow and Very reliable

Contra trade ticks instant complimentary ticks delayed.
Platform freezes at crucial times (consistently).
Orders not triggered or filled until trade returned to negative value.
Poor response when attempting to close trades resulting in serious erosion of profit to the point of loss being recorded.
Spreads manipulated to the point where profitable trading is rendered almost impossible.

Is it me or do others have similar/opposite views?

Mar 06, 2008

Newbie (1 review, 0 posts)

1 of 1 members found it helpful

Slow and unreliable

Poor connection, very slow order fill, can wait minutes for screen to update after a fill. Only good for testing S&P strategies as they allow 5p per point so if you're wrong it doesn't break the bank.

Feb 21, 2008

Rookie (1 review, 7 posts)

1 of 1 members found it helpful

Good for me

Although sometimes in extremely volitile periods the platform can freeze or slowup due to increased heavy trading. Guaranteed stops will help to prevent this or use the phone which may take a few crucial seconds to get through. The phone manner is very abrupt but efficient, quick and easy. If your not used to talking to a sharp broker and making quick decisions then these may not be for you. Your not the only person they speak with. The mobile platform on my PDA is also extremely useful for when outside or away. Active with them for 4 years.

Feb 12, 2008

Legendary Member (2 reviews, 1546 posts)

1 of 2 members found it helpful

Don’t win too much!

If you make too much in a short space of time they will close your account. To start with they slowed down the time I had to wait for a Trade Ticket; it prevented me from getting out of bets fast. Since I still managed to make money using their binary markets they closed my account for good.

Jan 26, 2008

Newbie (1 review, 0 posts)

2 of 2 members found it helpful

Bit Shabby

Poor connects and unhelpful rude people on the phone.

Jan 09, 2008

Rookie (1 review, 12 posts)

2 of 3 members found it helpful

Very poor

This company is a very manipulative and if you ahve consistent returns you are bound to get ripped off.
I have got all the proof with recording evidence that this one of the most disgusting companies ever to trade with.....dont use them

Jun 04, 2006

Legendary Member (1 review, 2162 posts)

1 of 3 members found it helpful

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