LONDON, August 21, 2013 /PRNewswire/ --
ETX Capital, an award-winning financial spread betting and CFD trading provider, has partnered with Bet3000, to launch a brand new CFD trading service.
The website will offer Bet3000's sportsbook and casino client base the chance to trade on financial derivatives through the use of Contracts for Differences (CFDs).
This is an exciting new venture for ETX Capital , who will be providing their industry leading trading platform and renowned customer service to a brand new client base.
By partnering with ETX Capital, Bet3000 have chosen an established CFD provider that already has a strong presence in the financial derivatives market. The partnership includes full access to ETX Capital's advanced trading platform, competitive spreads and extensive market tools and education program, giving new and existing Bet3000 customers a strong start in the market.
Simon Springer, founder of Bet3000, said on the partnership: "We chose ETX Capital as our partner for their superior trading platform, experienced and knowledgeable management team and their financial stability. The product was delivered on time and to a high quality."
CFDs allow you to trade on whether or not you think a financial market will go up or down. For example, if you believed that a stock index, a currency pair or the shares of a company were going to increase, you could 'buy' a CFD and potentially profit from any increase in price. If you were wrong however you would incur a loss.
CFD trading only requires a small initial deposit to trade on a much larger margin, allowing more people access to the financial markets at a lower cost. However, markets can move against you, which could lead to loss exceeding your deposits. It is important to trade with a CFD provider that is reliable and offers client education.
Bet3000 is the online presence of IBA Entertainment Ltd, based and licensed in Malta. They offer a comprehensive sportsbook for both fixed odds and live in-play betting. IBA Entertainment Ltd is authorised by the Lotteries and Gaming Authority of Malta to offer remote gaming.
Bet3000 was founded by Simon Springer, who has been a licensed bookmaker for more than 30 years.
About ETX Capital
ETX Capital is a trading name of Monecor (London) Limited, a UK regulated Pan-European financial services firm, providing institutional, high net worth and retail customers with multi-asset and multi-market derivative dealing capability through CFDs and financial spread betting products. The firm uses cutting edge technology and delivers unrivalled levels of customer support from knowledgeable staff and with the utmost client confidentiality.. Monecor (London) Limited is authorised and regulated by the Financial Conduct Authority and is a member firm of the London Stock Exchange.
Financial Spread Betting and CFD trading can result in losses exceeding deposits.
For more information please contact firstname.lastname@example.org.
SOURCE ETX Capital