LONDON, May 5, 2011 /PRNewswire/ -- Autochartist is one of the world leaders in bringing advanced technical analysis to experienced traders. The 4000 financial instruments that WorldSpreads spread betting (http://www.worldspreads.com/) clients can trade are scanned 24 hours a day, to uncover trade opportunities for both trend and swing traders. Real-time alerts of Chart and Fibonacci Patterns are provided throughout the trading day.
Autochartist is based on trusted theories and does not contain any "black box". Forecasts of price breakouts with a 70% accuracy rate are provided, and traders are alerted to new patterns even before they are fully formed. Trade opportunities are shown visually which makes them easy to understand.
A comprehensive educational support resource centre is available to help traders obtain maximum benefit from the Autochartist product suite.
Conor Foley, CEO of WorldSpreads, said: "The constant stream of charting analysis offers WorldSpreads clients an excellent service that will assist them in creating their own spread betting (http://www.worldspreads.com/) style and will alert them to any trading opportunities that occur within those parameters."
Ilan Azbel, CEO of Autochartist.com (http://www.autochartist.com/), said: "As a world-leader in providing Technical Analysis, Autochartist is proud to be associated with WorldSpreads, a world-leader in spread betting."
Spread betting is a leveraged product and can result in losses that exceed your initial deposit.
Autochartist was established in 2004 and currently services the largest and most successful on-line brokerage firms and institutions. With end users in over 80 countries and in excess of 2,000,000 charts viewed per month by our customers, Autochartist has established itself as the leading chart pattern recognition platform for Brokers, Market Makers and Educational companies across the world.
About WorldSpreads Group plc:
- WorldSpreads Group plc (AIM: WSPR) is a fast growing financial services group offering online and telephone trading. The Group's core activity is the provision of spread betting products on the financial markets to retail clients from its website http://www.worldspreads.com/.
- WorldSpreads Limited, a wholly-owned trading subsidiary of WSPR, is regulated and authorised by the Financial Services Authority and is authorised to offer its products throughout Europe. It offers a full range of spread betting prices on all the major financial markets, including stock indices, individual shares, currencies, commodities and interest rates.
- The Group floated on the London Stock Exchange's AIM market in August 2007 and gained a dual listing by joining the Irish Stock Exchange's ESM market in May 2008.
SOURCE WorldSpreads UK