Meet new FxPro Edge Spread Betting Platform! This new option by FxPro allows for commission and tax-free investments. What else does it offer?
18 August, AtoZForex – One of the AtoZ Approved Brokers, FxPro, announced great news for its existing and potential clients from the UK. The brokerage informed the public that it has released the FxPro Edge.
FxPro Edge is the new spread betting platform that allows clients to trade the markets tax-free. (Tax laws are subject to change and depend on individual circumstances.)
FxPro Edge Spread Betting Platform goes live
FxPro has introduced the freshest spread betting platform to its clients. Spread Betting is the new and practical way for investors to trade on the financial markets. The FxPro Edge is available to all of the registered clients of FxPro from the 11th of August, 2017.
With FxPro Edge platform, traders can Spread Bet on Forex, Spot Indices, Spot Metal, Shares and Spot Energies – all with zero commission. Let’s look into the benefits of spread betting with FxPro:
- Traders can enjoy their investments without any capital gains tax;
- It is possible to open a Limited Risk Account with no additional costs;
- FxPro Spread Betting is commission free;
- Great trader experience thanks to the innovative trading technology
Commenting on the launch of FxPro Edge, the CEO of the company, Charalambos Psimolophitis, stated:
“We are committed to consistently providing our clients with new ways to invest in the financial markets.
Spread Betting has risen in popularity in recent years, and with FxPro Edge, our clients can now experience the benefits of this new investment method, reinforced by our professional trading conditions and industry-leading No Dealing Desk Execution.”
FxPro Edge Spread Betting Platform: A view from inside
Meanwhile, I wanted to get more insights about the FxPro Edge Spread Betting Platform and its features. I have reached out to the company representatives and asked them a couple of questions.
Kristina Frunze: "What makes FxPro Edge a Revolutionary new spread betting platform over other spread betting platforms?"
FxPro: "FxPro Edge was introduced to our clients in an effort to provide them with the opportunity to invest in the financial markets by Spread Betting, which has risen in popularity throughout the industry in recent years.
Developed with our clients’ needs in mind, the platform is fully customizable and employs a widget-based interface, allowing investors to arrange the platform in the way that best meets their specific trading requirements.
FxPro Edge also offers unrivaled flexibility, enabling the user to open a position from the chart, the ticker or create custom quick-trade setups, effectively giving them complete control over the way they spread bet. In addition, FxPro Edge is backed by our advanced trading technology, letting clients benefit from access to a variety of instruments, competitive spreads, and our award-winning order execution."
Kristina Frunze: "Why is the launch now? Coinciding with the start of the premier league?"
FxPro: "FxPro Edge demo accounts first became available to our UK clients several months ago, which gave us ample time to assess the performance of the platform, collect useful feedback and enhance its various features.
Following the announcement of our partnership with Watford FC, we decided to officially launch FxPro Edge prior to the start of the Premier League season and ahead of the team’s first game, having determined that the platform was ready and met the highest of standards."
Kristina Frunze: "Will FxPro extend its FxPro Edge platform to other countries, except the UK? If yes, what could be the possible timeline and to which countries?"
FxPro: "Spread Betting is particularly popular among UK investors, in part due to the fact that any earnings are exempt from capital gains tax and stamp duty.* This made the UK the ideal place to launch FxPro Edge and start offering clients the opportunity to invest in the financial markets in a way other than trading CFDs.
Extending this service to clients in other countries remains a possibility. Yet, for the moment we remain focused on enhancing our trading conditions further and providing a seamless Spread Betting experience to our UK client base."
* Tax laws are subject to change and depend on individual circumstances.
Trading CFDs and Spread Betting involve significant risk of loss. FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 078/07) and authorized by the Financial Services Board ('FSB') (authorization no. 45052).
Think we missed something? Let us know in the comments section below.