The Search for the Ideal Broker and Discovering TD365 Spread Betting
As a trader, finding the right broker can be a game-changer in terms of costs, user experience, and overall trading success. That’s why I chose TD365 Spread Betting, a platform designed by traders for serious traders, offering incredible value with its tight fixed spreads, intuitive interface, and other features. In this article, I’ll share my personal journey with TD365 Spread Betting and why it has become my go-to broker.
Before we delve deeper into TD365 Spread Betting, it is important to note that spread betting is primarily available and regulated in European countries, particularly the United Kingdom and Ireland. If you are located outside of Europe, it is advisable to check your local regulations to determine the availability of spread betting in your region. That being said, TD365 offers a range of trading options that cater to traders worldwide, so even if spread betting isn’t an option for you, there’s still plenty to explore on their platform.
What is Spread Betting and How Does it Differ from CFD Trading?
Spread betting is a form of financial trading that enables you to speculate on the price movements of various financial instruments, such as stocks, indices, and currencies. While it may sound like gambling, spread betting is a legitimate trading method and shares many similarities with CFD (Contract for Difference) trading. The main difference between the two is that spread betting is more cost-effective and simpler than CFD trading. The only fees with spread betting are the spreads. No overnight finance fees or commission fees etc. In essence, they are the same product, but spread betting offers a cheaper and more straightforward alternative for traders.
The Key Reason I Use TD365 Spread Betting: Unbeatable Fixed Spreads
The main reason I use TD365 Spread Betting is their unbeatable fixed spreads. Unlike other brokers that offer variable spreads, TD365 provides tight fixed spreads that allow traders to save money and know exactly how much they’ll pay. Let me illustrate this with an example: –
Sally trades with a well-known broker advertising spreads “from 1 point”. She trades the FTSE100 index 3 times a day with a stake size of 25 (£25 per trade). The variable spread averages 3 points, so her trading cost is £225 per day (3 trades x £25 x 3 points spread).
Peter trades with TD365 Spread Betting, which offers 0.4 pt fixed spread on the FTSE100. He also trades the FTSE100 index 3 times a day with a stake size of 25 (£25 per trade). His trading cost is only £30 per day (3 trades x £25 x 0.4 points spread).
In this scenario, Sally pays £195 more than Peter PER DAY. Peter is saving 86% fees compared to what Sally is paying! Over 200 trading days, Peter saves a staggering £39,000!
A User-Friendly Platform Packed with Benefits
Aside from their fixed spreads, TD365 offers several key benefits that make it a top choice for traders:
- 200:1 Leverage
- Negative Balance Protection
- Single Currency Trading
- Secure Funds
- Regulated by the SCB
By offering these features, TD365 creates an environment where traders can focus on their strategies and minimise unnecessary costs, ultimately improving their overall trading experience.
Empowering Traders with Transparency and Support
TD365 stands out by providing traders with a platform that emphasises transparency, support and a genuine commitment to helping users succeed. They offer valuable tools and resources, such as educational materials teaching price action from professional trader Al Brooks (completely free). They have a very responsive live chat customer service, ensuring that traders can make informed decisions and navigate the platform with ease. By focusing on these aspects, TD365 empowers traders to take control of their trading experience and achieve their goals.
Trading with a Purpose – Supporting Our Giving Back Project
By signing up for TD365 through our affiliate link below, you’ll not only benefit from their amazing platform and fees but also support our Giving Back project. We receive a commission (at no extra cost to you) for each sign-up and 50% of any commission goes directly towards our Giving Back project.
In conclusion, choosing TD365 as my broker has been a fantastic decision for me. Their unbeatable fixed spreads save me around 86% on fees, user-friendly platform and commitment to transparency set them apart from the competition. If you’re ready to elevate your trading experience and save money, I highly recommend giving TD365 spread betting a try. Click the affiliate banner below or click here to start your journey with them today.
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