The PropertyPortalSpreads spread betting platform is unique in many ways. The underlying platform was initially launched in March 2005, and is aimed at the professional speculator. Since spread betting has become a mainstream vehicle for speculating on the financial markets, there has been an increasing demand for more sophisticated technology for executing spread bets.
PropertyPortalSpreads provides its customers with a spread betting platform similar to a professional futures platform which many bank and professional trading houses use to speculate and hedge in the financial markets.
PropertyPortalSpreads.com is unprecedented in that it directly references its prices from the underlying futures market. In other words, our spread bet prices will always track the underlying futures price, providing its clients with true price transparency. In addition to price transparency, customers are able to benefit from the following features, most of which are particular to PropertyPortalSpreads:
Speed of execution
- Due to the advanced technology behind the spread betting platform, spread bets are often 'filled' in a fraction of a second.
No-requotes
- Because PropertyPortalSpreads directly references the underlying futures price, customers will never be re-quoted. Quite simply the price you see, is the price you get.
Depth of market/Level 2
- The PropertyPortalSpreads.com platform will also show you full depth of market; so all the bids below the market and all the offers above the market are visible. This is a useful tool in gauging levels of support and resistance.
Many ways to spread bet
- PropertyPortalSpreads.com customers are able to place their bets in many ways. They can use a traditional order ticket, single mouse - click trading functionality and for the more seasoned professional, the quick trade 'ladder' which allows orders to be placed directly above and below the market.
Professional functionality
- Customers are not restricted on where they can place their limit or stop orders, and can even place orders inside the spread!
Tight Spreads
- PropertyPortalSpreads offers some of the tightest spreads in the industry, completing a suite of features that is attracting an increasing number of professional speculators.
This impressive functionality makes us very attractive to intraday traders or scalpers.
You're right, it is. We show our clients the underlying market as seen by all the other market participants.
Clients can view the market depth, price and size action of the various players. Given the speed at which we automatically hedge, betting with us has the same feel and effect as if the client was trading direct market access (DMA).
PropertyPortalSpreads has some distinct features, some of which are unavailable at other spread betting companies.
PropertyPortalSpreads directly references the underlying futures price and hedges every bet taken out by its clients. This means that the client will never get requoted, because if the price in the underlying futures market is available to PropertyPortalSpreads for hedging, the spreadbet price is available to clients. Being re-quoted is probably the No 1 frustration we hear of other spread betting companies.
Also, the betting functionality on the PropertyPortalSpreads platform is advanced in that there are no restrictions on where you can place your limit and stop orders.
PropertyPortalSpreads is located in Gibraltar to benefit from the lower betting tax that is available compared to being based in the UK. In addition there is lower corporation tax in Gibraltar.
The Financial Services Commission (FSC) in Gibraltar requires PropertyPortalSpreads to classify all its customers as 'professionals'. As a result customers are not afforded the protection that is available to 'retail' customers of FSA regulated firms. However all customer money is segregated from the activities of the company.
Qualifying UK residents are able to benefit from the zero capital gains tax available on spread bet winnings. If you are resident in another country you are bound by the tax laws of that country.
PropertyPortalSpreads is authorized and regulated by The Financial Services Commission in Gibraltar (who are of comparable status to other EU regulators under European law), with a 'passport' to promote its services, via the local regulator, into certain other European countries, including the UK via the FSA.
Because PropertyPortalSpreads references the underlying Futures price, its spread betting price is a widening of the underlying price.
For example the FTSE 100 spread bet is a ½ point charge to enter a position and ½ point charge to exit a position. With a normal underlying spread of ½ point, this equates to a total spread of 1.5 points; however the more a customer trades the tighter the spread gets. On volume over 200 lots a month equivalent, the FTSE spread will narrow to a minimum of just 1 point.
All the spreads offered by PropertyPortalSpreads are competitive, which is one of the reasons PropertyPortalSpreads attracts very active customers.
PropertyPortalSpreads hedges every bet taken out by its customers. So what we do is show the customer our hedging platform, which is Direct Market Access and 'pass on' the functionality that we have on that platform.
So it is not our customer who enters the market, but PropertyPortalSpreads who enters the market to hedge the bet taken out by its customers.
As PropertyPortalSpreads hedges every trade it is able to pass on the DMA functionality to its customers. This includes joining the bid and offers.
For example if the underlying FTSE future is 3910-3911, the customer can work a limit buy bet at 3910; then if we get filled on the hedge (in other words, buying the future at 3910) then the customer will get filled also.
The spread is always fixed.
The advanced technology utilised allows PropertyPortalSpreads to hedge the spread bet in a fraction of a second, which means the client is filled on their spread bet at the same speed.
Yes, we currently hedge all client bets. We generally ask for 'exchange' margin; however clients who don't run overnight positions, i.e. close out before the end of the day, may receive additional gearing.
PropertyPortalSpreads provides spread bets on the major indices, currencies, bonds and commodities. Our spread bet prices are based on the underlying futures which exist on some of the US & European exchanges (for further information, refer to our spread card).
'One Lot' is the minimum hedge available to PropertyPortalSpreads in the underlying futures market.
For example 1 FTSE 100 Lot is the same as a £10/point spread bet which therefore represents the minimum bet size available.
Clients trade in $, Euros or GBP, depending on the product. Balances can be converted to any of these currencies at the customer's request.
These can be viewed in the Spread Card however some examples are listed below:
| Minimum/Maximum Stakes |
| UK top 100 (FTSE) |
£10/point |
| Wall street (Dow) |
$5/point |
| US Top 500 (S&P 500) |
$12.5/quarter point |
A FTSE Future is a contract which represents the future price of the FTSE 100 Index.
The price of the Future will differ to the actual Index price because of 'Cost of Carry' including dividends.
The spreads offered by PropertyPortalSpreads are often as tight as 'daily rolling spreadbets' but the customer does not incur any interest charge on holding the PropertyPortalSpreads spread bet.
The customer will be betting in lots, where the one lot in the FTSE is worth £10/index. This means that £10 is the minimum bet size per point.
Yes, that is correct. The spread charge is a fixed charge on top of the underlying market price.
For this contract we would add 0.00008; or 0.8 or one 'pip'.
Converting to a round trip price, the spread charge would equate to 14 Euros.
Over 90 % of bets are placed online. We do offer a telephone service and there is an additional £2 per lot charge for telephone orders.
Yes, provided by Trading Central. However, because our clients are at the professional end of the market, they tend to have their favorite charting package which they subscribe to separately.
The PropertyPortalSpreads office is open from 6.30am until 9.15pm (UK) for enquiries and support; however it is possible to place orders during those times which will be active overnight.
Because we use the Future as a hedge we absorb the financing charge meaning the client does not incur an interest charge.
The first 200 lots executed in any one month is charged at Band 1 rates. Any volume above 200 is charged at Band 2 rates which are typically 50% of Band 1 rates. The spreads will narrow dynamically as a client moves from Band 1 to Band 2.
With PropertyPortalSpreads, a client will not experience any requotes, because all spreads are directly referenced from the underlying price.
So if a price is available in the underlying market, the same price is available to clients. And that goes for 'fast ' markets also.
W don't do re-quotes full stop. As for fast markets, it's business as usual. We are open electronically and on the phone as long as the underlying market itself is open.
Yes.
There are 3 ways to spreadbet on the PropertyPortalSpreads platform -:
Order Ticket
The more traditional method of submitting a spread bet order, whereby the user fills in an order ticket, including fields such as bet size, price, order type and any 'stop' requirements.
Pro Ladder
This is the most popular amongst the professional traders (see picture below). The ladder shows the orders above and the orders below the current traded price. The ladder allows the user to place limit and stop orders on the ladder itself (without using an order ticket), including orders above or below the market.
Market Overview
A view similar to other spread betting platforms, whereby the user is presented with one Bid and one Offer price on which to trade. A user can select 'single click' option. Whereby just by one mouse click on the bid or offer a default quantity can be executed.
The following order types are available on the PropertyPortalSpreads platform:
Limit, Stop, Stop limit, Trailing Stop, Market and Iceberg.
An iceberg order allows a client to submit a spreadbet order in increments. So for example, if a client wanted to buy a large amount of FTSE 100, say £1000 per point (or 100 lots) he could put the order in as an 'iceberg' order in £100 (10 lots) increments (i.e showing the tip of the iceberg, with a lot more underneath).
The advantage of this order is that large orders visible to the rest of the market may result in other participants jumping in front of the order thus reducing the chance of the large order being filled.
A Trailing Stop (or rolling stop) is a stop loss order that moves with the price, when a position moves into profitability. So, if you buy a particular market and the price rises, the stop loss price rises proportionately, but if the price falls, the stop loss price doesn't change.
Individuals use Trailing Stops to lock in profits. When a market moves in a profitable direction, a trailing stop provides automated discipline to take profits should the market price change direction.
In addition it may encourage an individual to not take profits too early, by allowing a profitable position to run, knowing that if the market were to change direction, the position would be closed out.
When you have opened a position with PropertyPortalSpreads.com, you have the option as to whether to add a stop order to the position, and in this example a Trailing Stop order.
Select 'Trailing Stop' in the order type window on the order ticket. Then select the price ('Initial Price') that you wish the Trailing Stop to start at (see pictures below).
Example
If you buy a FTSE spread bet at 5560, you may want to place a Trailing Stop at 5540.
If the FTSE price was to rise to 5590 the trailing stop would rise to 5570 (i.e. would rise point for point with the rising market). If at any time the FTSE price falls, then the Trailing Stop order will stay at the highest price that it has achieved. In this example, if the FTSE retraced back down to the entry level of 5560, the position would have been closed out, by the Trailing stop order at 5570.
Any order can be placed at any price with PropertyPortalSpreads. There are no restrictions on where orders can be placed unlike many other spread betting firms that enforce a minimmum distance from the market. You can even place limit orders 'inside the spread'.
Scalpers and Professional Day Traders are welcome at PropertyPortalSpreads.
The platform attracts the more active speculator, as its functionality and speed of execution make short-term trading easier. However that does not mean that longer term speculators cannot use it as the platform caters for every style of trading, from scalping to long term.
Most of our clients are intra day traders or scalpers.
Both professional futures traders who wish to spreadbet and active spreadbetters who wish to utilize the advanced technology and features of the PropertyPortalSpreads platform. Our customer base is predominately made up of UK, Republic of Ireland, and European traders, all of whom are market experienced individuals betting for their own account.
Minimum initial deposit is £1000.
PropertyPortalSpreads has no quarterly or inactivity fee, just £5 for transfers back to a customer.
Funds are held at Barclays Bank, London. All client funds are held in an account segregated from company funds and activities. Although client funds are segregated from the companies activities, they are pooled with other client funds.
Client funds are always ring fenced from PropertyPortalSpreads and therefore not exposed should PropertyPortalSpreads go into liquidation.
The Financial Services Commission requires PropertyPortalSpreads to categorise all clients as 'professionals' which means that, in order to be approved by PropertyPortalSpreads, they are required to have a certain amount of experience.
We have a demo platform and a video of the core functionality can be viewed on our platform movie. The simulator replicates live trading without the bets getting matched.
In a nut shell we are offering an impartial and transparent level playing field. Trading is hard enough as it is without having the odds stacked against you.
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NO REQUOTES
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TRANSPARENT PRICING
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NO LIMITS ON WHERE YOU CAN PLACE ORDERS
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VERY FAST EXECUTION
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VIEW DEPTH OF MARKET (LEVEL 2)
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3 DIFFERENT WAYS TO PLACE BETS, INCLUDING SINGLE CLICK TRADING
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PROPERTYPORTALSPREADS HEDGES EVERY BET TAKEN OUT BY CLIENTS
- TIGHT SPREADS
CLIENTS DO NEED TO HAVE AN UNDERSTANDING OF MARGINED PRODUCTS AND NEED TO HAVE BEEN TRADING/SPREAD BETTING FOR AT LEAST 12 MONTHS. CLIENTS CAN APPLY FOR AN ACCOUNT ONLINE, WHICH WILL NORMALLY BE TURNED AROUND WITHIN A DAY.
We offer an extremely competitive all round package which is generally accepted to be unique. We are completely transparent when it comes to pricing the spreads for any given volume (everything is published on our website
www.PropertyPortalSpreads.com) so everyone knows where they stand.
Our clients are professionals so, at the end of the day, they are not interested in freebies. What they want is tight spreads, fast execution and the most important of all is 'no re-quotes', which is the No 1 hook for our clients. Especially in these volatile markets, spread betters are forever getting re-quoted. Our clients never get re-quoted because we directly reference the underlying futures market. In other words, if the price is available in the futures market, the spread bet price is available to our clients.
Yes, we do and clients can deposit funds by BACS, debit or credit card.
PropertyPortalSpreads expects to continually attract the very active spread betters, as its platform and service offers an unrivalled experience for the seasoned professional.