ProSpreads - The Professional's Choice

Clients of ProSpreads have access to some of the tightest spreads in the industry.

We can offer these tight prices because our spread betting platform directly references the underlying market prices where hundreds of market participants compete to trade. As a result of this liquidity the spreads are forced to narrow. For example, the FTSE 100 Index Future normally trades with a 0.5 point spread in the underlying market.

ProSpreads’ dynamic spread card allows clients access to a FTSE 100 spread of just 0.25, when their monthly volume exceeds 200 lots.

Margin: We offer higher leverage than most traders would get trading through most clearers, 5 times leverage on your account balance for intraday trading.
Spreads / Commissions: If you trade high volume and can guarantee a certain numbers of trades per calendar month we would reciprocate by offering very competitive rates back to you. Please call Andy Woolley on 0203 370 6223 to discuss.

Underlying Exchange The exchange where ProSpreads directly references its spread bet prices from. ProSpreads prices will move one for one with a move in the underlying product.

Code The Underlying product code.

Underlying Product The name of the underlying product which our spread bet prices are referenced from.

Minimum Price Movement The value of the minimum price movement per contract. For example: FTSE 100 has a minimum stake size of £10/point and has a minimum price movement of 1/2 point = £5.

Whole Point Move The value of a whole point move. In other words the minimum stake size.

Initial Margin This is the amount of margin you will need to lodge with ProSpreads to trade the minimum stake bet per contract. Additional leverage is offered for intra-day trading, where no overnight positions are carried. For information on overnight trading and spread margining, contact our dealers on +44(0)203 370 6223 or at dealers@prospreads.com

0-200 Spread This is the fixed spread charge that is added to the underlying market spread to produce the ProSpreads spread bet price. For the first 200 lots (where 1 lot = minimum stake size) traded in any one month, across all products.

200+ Spread This is the fixed spread charge that is added to the underlying market spread to produce the ProSpreads spread bet price. For volume over 200 lots per month. Does not apply to Equities.

*Trading Hours The hours which the ProSpreads office is open to trade. Trading is available outside of the ProSpreads office hours (06:00-21:15) by prior arrangement. Contact our dealers for more information. +44(0)203 370 6223 or at dealers@prospreads.com

Trading is only available during market hours for the underlying exchanges which do vary. Please click on the links for more details:

CME, CBOT & NYMEX: www.cmegroup.com

LIFFE: www.euronext.com/landing/liffeLanding-12601-EN.html

ICE: www.theice.com

EUREX: www.eurexchange.com

** Minimum Bet Size Based on the minimum price movement of the underlying contract.

For example: 1 lot in the FTSE 100 spread bet will create a profit/loss of £10 for each point of movement; however, the minimum movement of the underlying contract is 0.5 points and therefore the minimum bet size is calculated as £5.

Margin Information Intra-day margins are 1/5 initial or overnight margin requirement. Each day, 15 minutes before the close of ProSpreads trading sessions, margin requirements will be deemed to be overnight.

Margin reductions available on all spreads. Contact our dealers for more information

Intra market spreads will be margined on the higher outright side.

Cross market spreads will be margined as individual outrights.

No interest will be applied to credit balances. However, charges will be applied to deficit amounts at 4% above LIBOR. Interest will be calculated and charged at the end of each month. Foreign exchange facilities are available.

Please note these are examples only. Margins and ratios are subject to change.