About Us: Press Releases

View Printer Friendly Version

GFT Reduces Forex Spreads

LONDON, 5 May 2008 - GFT, a leader in online spread betting, CFD and spot forex trading services, has announced that it will now offer even more highly competitive prices, with spreads as low as one-pip wide.

Effective today (5 May), the company will reduce spreads on many of its currency pairs, with the EUR/USD, EUR/GBP, USD/JPY and EUR/CHF quoted as low as one-pip wide. The new pricing applies to spot forex as well as forex CFDs and spread bets.

“Spreads have been reduced by more than half in some of the most popular pairs, and we are now able to quote the euro/pound as low as one pip wide, for example,” said Simon Mansell, COO, GFT.

GFT will also retain a maximum spread cap for each currency pair that it offers, providing its customers with not only lower, but also more consistent pricing.

“We already offer individual traders among the widest choice of currencies, with more than 120 pairs available to trade as spot forex, and nearly as many available as CFDs and spread bets. Our new highly competitive pricing will help us to providing customers with among the lowest pricing in the industry,” said Mansell.

For complete pricing details, view GFT’s market information sheets at http://www.gftuk.com/forex/market-info.asp.

Currency pair	Spreads now as low as
EUR/CHF 1 EUR/GBP 1 EUR/USD 1 USD/JPY 1 AUD/USD 2 CHF/JPY 2 EUR/JPY 2 GBP/USD 2 USD/CAD 2 USD/CHF 2 AUD/JPY 3 CAD/JPY 3 NZD/JPY 3 NZD/USD 3 EUR/AUD 4 EUR/CAD 4 GBP/CHF 4 GBP/JPY 4 GBP/AUD 6

About GFT

Based in London, GFT Global Markets UK Ltd. is a wholly owned subsidiary of the leading U.S. forex and futures dealing firm Global Futures & Forex, Ltd, and is related to the world-leading online forex dealing firm Global Forex Trading. This advantage allows GFT Global Markets to leverage the same pioneering trading technology and dealing practices GFT has developed since 1997.

GFT Global Markets UK Ltd. provides award–winning trading technology through DealBook® 360, which is designed for trading online spot foreign exchange trading, contracts for differences and financial spread betting. GFT Global Markets UK Ltd. is authorised and regulated by the Financial Services Authority. For more information, visit www.gftuk.com.

CONTACT:
Kelly Quintanilla
Marketing / Communications Specialist
GFT Global Markets
(616)942-3772 (kquintanilla@gftforex.com)

CONTACT:
Tim Gort
Manager of Marketing / Communications
GFT Global Markets
(616)942-3757 (tgort@gftforex.com)

Top

Back to Press Releases