ProSpreads started out as FuturesBetting.com back in 2005 with the aim of bettering their competitors’ trading platforms. In so doing, ProSpreads appealed to the more advanced professional traders. In 2008 it became part of the London Capital Group.
Today ProSpreads still captures the advanced trader market, enticed by the ‘direct market access’ (DMA) functionality that ProSpreads offers. This enables no re-quotes and fast trading, which is especially useful in volatile markets. One drawback of the DMA system is that it’s not possible for ProSpreads to offer stop losses.
Another point of note is that at the time of writing, ProSpreads currently doesn’t offer a mobile trading platform.
From ProSpreads website:
ProSpreads provides Direct Market Access functionality enabling clients to see not just the highest bid and lowest offer, but also all the underlying bids and offers outside the market spread.
This price transparency means clients can view all the orders above and below the underlying market – a useful tool when gauging potential support and resistance.
ProSpreads allow you to trade on the FTSE 100, FTSE 250 and the Eurostoxx 50.
Mini size Dow futures, E Mini S&P 500, E Mini NASDAQ 100, NIKKEI 225 dollar based, futures on DAX Index, futures on Eurostoxx Index, futures on Swiss Market Index, FTSE 100 (New Style Index), Russell 2000 Mini and US Dollar Index.
The currencies you can trade at ProSpreads include the US dollar (USD), Japanese yen (JPY), euro (EUR), pound (GBP), Swiss franc (CHF), Australian dollar (AUD), Canadian dollar (CAD) and the New Zealand dollar (NZD).
Silver, gold, copper, palladium, platinum, soybean futures, corn futures, soybean oil futures, soybean meal futures, wheat futures, lean hogs, live cattle, robusta coffee 10 ton (USD), cocoa, white sugar (USD), Brent crude futures North Sea, gas oil futures – ARA, WTU crude futures/WTI, crude oil, mini crude oil, Henry Hub natural gas, reformulated gasoline oxygen blending (RBOB), heating oil and cotton.
Eurodollar, 3 month euro (Euribor), 3 month sterling and 3 month euroswiss (CHF).
30 year Treasury bond, 10 year US Treasury note, 5 year US Treasury note, 2 year US Treasury note, futures 8 1/2 – 10 1/2 year government bond 6%, futures 4 1/2 – 5 1/2 year government bond 6%, futures 1 3/4 – 2 1/4 year government bond 6%, long gilt (decimal).
Apply for a ProSpreads spread betting account or compare with other leading providers.
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