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FxPro, a major UK- and Cyprus-regulated forex and CFD broker announced the official launch of its new spread betting platform FxPro Edge, starting from August 11.
It will be available only for clients of the UK branch of the broker who are residing in the United Kingdom. Spread betting is popular in the country and allows clients to bet on the upward or downward movement of an asset.
The official announcement comes a couple of months after reports about it appeared in the media.
The platform is offering spread betting on various instruments like forex, spot indices, shares, spot metals and spot energies, with no commission and with the order execution of FxPro.
“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”, said FxPro CEO, Charalambos Psimolophitis.
The official launch of FxPro Edge purposefully coincides with the start of the new season of the Premier League season and the first game of FxPro sponsored Watford FC against Liverpool.
FxPro is an online broker regulated by by Cyprus’ Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). It offers complete services for all segments of the retail forex market, as well as trading with futures, indices, metals, shares, and contracts for difference (CFDs). It uses the trading platforms MetaTrader4, MetaTrader5, cTrader and its proprietary platform for social trading SuperTrader.