IG, a leading provider of spread betting and CFDs products has announced that it has further improved its pricing on a number of popular index contracts. In particular IG have reduced the spreads on their most popular stock index CFDs by up to 50%: the FTSE 100 Cash and Germany 30 are now just 1 point and the Wall Street Cash is only 2 points.
Where can I trade these spreads?
The tighter spreads came into effect on 18 October and are now available throughout each trading day when the relevant underlying stock indices are open. You can continue to trade outside of these hours across a huge range of global markets, but be aware that spreads will be wider when the underlying market is closed.
Philip Adler, Managing Director of IG Markets (UK), commented:
‘As a company, we remain committed to innovation and ensuring our clients receive the best possible value. Cutting our index spreads means that clients can now get even better prices on our award winning PureDeal trading platform.’
‘We pride ourselves on quality customer service and as a listed company with a market capitalisation of almost £2bn, clients can trade with the utmost confidence.’
IG Markets clients can trade CFDs online, over the telephone, or via a range of mobile devices. In addition to having been confirmed as the UK’s most popular CFD provider in a recent study by ‘Investment Trends’, IG Markets also provides comprehensive training and education through its TradeSense programme. This is specifically designed to help those new to CFDs to understand the financial markets and risk management tools they have at their disposal.
Comments: So IG Markets have finally come into line with IG Index with a 1 pip spread on the FTSE 100…wooohoooo. Still no advanced charts,they say that they are aware there is a problem – I wait.