FXCM tries Spreadbetting !

[neil]

Just noticed FXCM.co.uk has entered the spreadbetting arena. Must be a lot of food around for the big fish like FXCM

http://www.fxcm.co.uk/forex-spread-betting.jsp

 

[Rossini]

Because they hedge you I wonder what the speed of execution is?

 

[cryten]

FXCM Spreadbetting

FYI

"No Re-quotes"
"No Debit Balances"

etc etc

Learn about Forex Spread Betting at FXCM

Anyone got feedback?

 

[Phil Mibbutz]

Sounds promising, but are they only doing SB on FX? It's not really clear from the site.

 

[cryten]

Sounds promising, but are they only doing SB on FX? It's not really clear from the site.

I'm not sure, the site does say the following though..

"Financing for non-FX positions are subject to a daily financing charge or credit associated with any rolling bet position which is open at our market close"