GKFX Launches New Spread Betting Offering for UK Clients

GKFX, a provider of online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, contracts-for-difference (CFDs), and other services, has unveiled a new spread bet offering for UK-based traders, shoring up a blind spot in its offering and also enabling competitive fixed spreads across a full spectrum of asset classes.

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The launch of its new spread bet offering comes on the heels of a continued focus on ongoing product development at GKFX, tailored specifically to UK clients. As such, the group’s freshly implemented fixed spread betting account will facilitate UK clients to trade spreads as low as 0.7 on commonly-traded currency pairs, including the EUR/USD and 0.8 on the DAX.

The new offering constitutes a new chapter for GKFX, with the latest spread betting capabilities helping reinforce an already robust product suite. According to Brian Myers, Managing Director of GKFX UK in a statement on the launch: "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."