Spread Angel, a leading comparison platform for financial spread betting, has announced a rebranding strategy aimed at better serving the evolving needs of the market. Founded in 2015 by a team of experienced traders and financial analysts, Spread Angel has made a name for itself by providing educational resources and a comparison calculator specifically designed for the financial spread betting sector.
Unlike traditional money advice and comparison sites, such as ‘Money Saving Expert’, ‘Compare the Market’, and ‘Go Compare’, Spread Angel focuses on the unique needs of financial spread betting. This includes providing a comprehensive broker comparison tool that allows traders to compare costs, including forex pair spreads, overnight fees, and hidden costs that are typically not as transparent.
The complexities of financial spread betting require a strong understanding of risks and strategic planning for trading success. This is where Spread Angel comes in, simplifying these complexities and providing traders with the necessary tools to make informed decisions. The platform’s calculator allows for easy comparison of fees and costs associated with different brokers, promoting transparency and aiding in decision-making.
According to Peter Camden, co-founder of Spread Angel, the rebranding reflects the company’s commitment to education and resource provision. “Our updated platform is designed to serve both novice and experienced traders, offering clarity on financial spread betting and broker support,” he states.
Spread Angel’s rebranding sets it apart from other comparison sites by placing a strong emphasis on education and providing users with clear savings displays and trade strategy comparisons. The relaunch introduces new tools and resources, such as the Broker Comparison Calculator and an extensive Broker List, along with educational content such as blogs and detailed spread betting guides. These resources are intended to help users navigate the trading environment, maximize profits, and customize their trading strategies.
“Given the growing interest in alternative investments like cryptocurrencies, the value of solid education in financial spread betting is clear,” adds Camden. “Our aim is to be the go-to resource for informed trading decisions, highlighting both the opportunities and risks involved.”
The rebranding of Spread Angel comes at a time when the financial spread betting industry is experiencing significant growth. It is estimated that by 2024, there will be 1.7 million individuals engaging in CFD trading. This initiative is particularly relevant given that an estimated 82% of traders face losses, highlighting the demand for improved knowledge and strategic insight.
For more information on Spread Angel and its services, please visit their website at https://spreadangel.com/.
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