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Halifax Share Dealing launches New Spread Trading Service

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Halifax Share Dealing (HSDL) has launched a new Spread Trading service allowing investors to take advantage of a number of varied trading vehicles designed to help customers make the most of their investments.

New investors opening a Halifax Spread Trading Account before 12th April 2012 and opening five trades within the first 60 days of opening their account will receive a GBP100 cash back reward into their account. 
 
The new service provides: access to a wide range of markets, including metals, commodities and currencies; the ability to trade on falling markets, not just rising; and exclusion from associated trading costs such as UK Stamp Duty and Capital Gains Tax (although tax laws are subject to change).
 
The Halifax Spread Trading Account also provides a range of useful tools, from online guides and demos, educational webinars that offer thorough explanations of Spread Trading, to a demo account which offers customers the chance to practise and familiarise themselves with the process before trading with real funds.
 
Damian Stansfield, Managing Director at Halifax Share Dealing, says: "This product is designed for investors with a good understanding and experience of the market that are keen to take advantage of market volatility, while at the same time minimising capital outlay. Our £100 launch offer is designed to reward both new and existing Halifax Share Dealing customers using the Spread Trading service.
 
"Controlling risk should be a key consideration for any investor and it is particularly important in Spread Trading because customers will be trading on margins, which means that their positions can change quickly. Fortunately Halifax Share Dealing has many tools available to assist with this, such as Limit Orders, Stop Buys (and Stop Sells) and Guaranteed Stops. Importantly, customers who are new to our Spread Trading service are also given access to the four-week Trading Academy, which is a free course that educates customers on how to spread trade, and allows them to trade from 50p per point during the course”.

 

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