Live Forex Spread Betting Chart and Prices
Where Can I Spread Bet on ForexAll FCA regulated spread betting companies offer live charts and prices on the main forex markets.
See the table below for a FX comparison.
Forex Spread Betting Comparison
The Problem with Forex Spread ComparisonsAs you can see, the issue with forex pricing is the number of firms that only offer ‘variable’ spreads.
Financial Spreads has fixed spreads so you always know what the spread will be when you trade via their app or website.
If a firm only has variable spreads they are rarely better than the fixed spreads.
Below, ETX Capital has been brave enough to tell us what their average fixed spread was for January 2017. Therefore we’re happy to print them.
If a firm offers “variable spreads from 0.8″ we find that the prices are rarely 0.8.
There is a bit of a price war in spread betting and so it’s not surprising to see a lot of spread betting companies offer variable spreads, it means the pricing is less clear and places like Spread Bet Magazine can’t easily compare the spreads.
A side note, if you:
24 Hour Forex Spread BettingNote that most firms offer round-the-clock forex markets from around 11pm Sunday to 9pm on Friday.
Also see 24 hour spread betting.
Video: How to Think About Forex Technical AnalysisBelow a useful 5 minute video covering GBP/USD, EUR/USD and USD/JPY.
IG analyst, Chris Beauchamp, looks at the state of play of these popular FX markets as of 28 March 2017.
Having said that, don’t worry if the video is seemingly out-of-date. It also serves as a useful guide for how to think about the forex markets from a technical analysis standpoint.
Remember: Spread betting, CFDs and forex trading carry a high level of risk. You can lose more than your initial investment. These products are not suitable for all investors. Only speculate with money that you can afford to lose. Make sure you fully understand the risks involved and seek independent financial advice where necessary.