What I like:
- Trading platform is flash based although it still requires Java, but is fast and reliable.
- Easy to use interface. Phone support or live helper support via the internet.
- 1 point spreads on FTSE, CAC, DAX, EUR/USD, USD/JPY, USD/JPY and AUD/USD on index rolling futures and FX contracts during market hours (FX: 1 pip spreads apply between 8am to 4pm UK Time on currencies). Competitive spreads even on non-promotional 1 pips such as Gold, Oil, FTSE 100/250/350 shares, and big American shares such as Microsoft.
- Wide selection of instruments - WorldSpreads offers more than 3,000 separate markets online and by telephone.
- Credit betting is available. Typically will require proof of liquid funds (i.e. Cash or near Cash) of 4 times your preferred Credit Allocation.
- Can choose favourite traded instruments into your own portfolio.
- Can set orders based on either market or their quote prices.
- Supports trailing stops and contingent (if done) orders.
- It is possible to go both long and short in the same market.
- Can amend the stop outside of trading hours but strangely you cannot place a stop before the trade has opened. You can however set a linked Closing order to your open positions.
- You can receive up to 300 cash back against realised net losses, during the first 8 weeks of your new spread betting account being opened; as long as you open your account with a minimum
deposit of £500 (or currency equivalent). Effectively, this means that should you lose up to £250 during the promotional period, WorldSpreads will credit your trading account up to this amount.*
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