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FCA regulated retail forex and CFDs broker GKFX adds spread betting accounts

2017-05-03 22:01    GKFX

FCA regulated retail forex and CFDs broker GKFX adds spread betting accounts Company News 1

FCA regulated Retail Forex and CFDs broker and official online FX partner of AC Milan FC GKFX has launched an improved spread bet offering for UK traders, focusing on providing competitive fixed spreads on a wide range of asset classes.

The change came as a result of continued focus on product development, with the new fixed spread betting account seeing UK clients able to trade with tight spreads as low as 0.7 on commonly-traded currency pairs, including EURUSD and 0.8 on the DAX. GKFX Chief Market Analyst James Hughes runs through the key features here.

FCA regulated retail forex and CFDs broker GKFX adds spread betting accounts Company News 2

Brian Myers

Speaking on the new offering, Brian Myers, Managing Director of GKFX UK commented:

At GKFX, we're continuously talking to our clients about ways to upgrade our products and services and our new spread bet offering is another example of this. We've enhanced the account to give our clients tighter fixed spreads with all the benefits of the MT4 platform.

The new offering has been specifically tailored for UK clients, with current UK tax laws exempting spread betting profits from capital gains tax which, in turn, renders spread betting one of the most tax-efficient means of trading the financial markets.

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