GIBRALTAR, February 23, 2012 /PRNewswire/ --
We are reducing the trading cost
Across the board spread cuts on forex: USD/JPY fixed at just 0.8 pips
Spread betting and CFD provider InterTrader.com today announced sweeping spread cuts across its range of currency markets.
The cuts take effect from Wednesday 23rd February,significantly reducing the cost of trading on the following forex pairs:
Currency Old New Currency Old New Currency Pair Old Spread New Spread Pair Spread Spread Pair Spread Spread AUD/CHF 8 5 GBP/CHF 8 5 USD/CZK 80 34 AUD/SGD 12 8 GBP/JPY 8 3 USD/DKK 30 20 CAD/JPY 6 5 GBP/NZD 15 14 USD/JPY 1 0.8 CHF/JPY 4 3 GBP/ZAR 40 24 USD/MXN 200 88 EUR/CAD 10 8 NZD/CAD 12 8 USD/NOK 80 50 EUR/CHF 4 3 NZD/CHF 8 6 USD/PLN 50 40 EUR/JPY 3 1.8 NZD/JPY 8 6 USD/SEK 80 50 EUR/NOK 80 50 NZD/USD 4 2 USD/SGD 12 4 EUR/NZD 24 16 SGD/JPY 10 8 USD/ZAR 15 19 Note: all contracts EUR/SEK 80 50 USD/CAD 4 3 are Rolling Daily EUR/ZAR 40 20 USD/CHF 4 2
All forex spreads are fixed* at the levels published by InterTrader.com during trading hours. This means that even during volatile market conditions, clients can still trade at the above spreads the vast majority of the time.
*From January to September 2011, spreads were fixed over 99.9% of the time.
Please note that spread betting and trading CFDs both carry a high level of risk and you can lose more than your initial deposit, so you should ensure spread betting and CFD trading meet your trading objectives and, if necessary, seek independent financial advice.
InterTrader.com provides a suite of products and tools to help clients back their judgement in the financial markets.
Their service covers shares, indices, forex, commodities and more, and is supported by a free suite of trading tools such as live market news, trading signals, expert research and a trader education programme.
Quite simply, InterTrader.com aims to provide one of the best-value trading packages around.
InterTrader.com is a trading name of London Capital Group, which is authorised and regulated by the UK Financial Services Authority. Registered address: 2nd Floor, 6 Devonshire Square, London, EC2M 4AB.
The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.