Cantor Index offers daily rolling spot FX bets at some of the tightest FX spreads in the industry. Bet on a wide range of currency pairs, including sterling/dollar and euro/dollar. Daily Rolling Spot FX bets are based on the spot price, rather than a futures price, thereby allowing our clients to trade at significantly tighter spreads. Daily Rolling Spot FX bets automatically roll into the following business day until you close your bet.
Cantor Index quotes two prices which represent the spot price of the underlying market plus a small spread, which you can either buy or sell. We shall automatically roll your bet every night until you decide to close it. You are only charged spread on the initial opening and the final closing of your bet, however funding charges or income apply to bets held overnight.
You can close your bet online any time before 19.55 or over the phone upto 20.00, Mon-Fri. (excluding Bank holidays) and after the 20.00 autoroll you can trade for the following day.
At any time up to 20:00, you can request for your position to be auto closed at 20.00. If an autoclose is requested, your bet will be settled at the spot price.
Charges or income are applied to bets that are held overnight. These costs are factored into the price at which the bet is re-opened at 20.15 and reflect the proceeds from depositing one currency and the cost of borrowing the other.
For information on our markets, including spread and NTR factor, please visit the Market Information Sheets
*Tax-free refers to no Capital Gains Tax on profits. Tax laws may change or differ depending on your personal circumstances.
**in Index opening hours
Spread bets are leveraged products placing your capital at risk. You need deposit only a small percentage of the value of the bet. However, your losses may substantially exceed that deposit very rapidly and thus require you to make additional deposits at short notice to maintain your bets. Spread bets are not suitable for all customers. Cantor Index Limited provides an execution only service and does not offer investment advice. Before betting, you should ensure you fully understand the risks and seek independent financial advice if necessary.
Cantor Index Limited is authorised and regulated by the Financial Services Authority, FSA register number 194414. These products are not intended for people under the age of 18 or for US residents.
Sales
Telephone: 020 7894 8800
Email: sales@cantorindex.co.uk
Customer Service
Telephone: 020 7894 8050
Email: cs@cantorindex.co.uk
Our service hours are 8am - 6pm Monday to Friday