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			{{Short description\|Betting and CFD provider based in the UK}}
	{{multiple issues\|		{{multiple issues\|
	{{advert\|date=June 2013}}		{{advert\|date=June 2013}}
	{{notability\|Companies\|date=June 2013}}		{{notability\|Companies\|date=June 2013}}
			{{More references\|date=April 2021}}
	}}		}}

	{{Infobox company		{{Infobox company
	\| name=Spread Co		\| name = Spread Co
			\| logo = Spread Co Logo.png
	\| logo = ]
			\| logo_size = 250
	\| type = ]		\| type = ]
	\| foundation = ], ] ({{Start date\|2006}})		\| foundation = ], ]<br>{{Start date and age\|2006}}
	\| founder = Ajay Pabari
	\| location_city = ]		\| location_city = ]
	\| location_country = ]		\| location_country = ]
	\| key_people = Ajay Pabari ~~<small>~~(]/])~~</small>~~		\| key_people = Ajay Pabari (]/])
	\| industry = ]		\| industry = ]
	\| services = On-line trading, ]s, ] and ]		\| services = On-line trading, ]s, ] and ]
	\| homepage =		\| homepage = {{URL \|http://www.spreadco.com/ }}
	}}		}}

	'''Spread Co''' is a ] and ] provider based in the ]. Spread Co ~~has~~ ~~also~~ ~~established~~ ~~partnerships~~ in a ~~wide~~ ~~range~~ of ~~countries~~ ~~worldwide~~ ~~including~~ ~~India, Spain and~~ ~~the~~ ~~United~~ ~~Arab~~ ~~Emirates~~.		'''Spread Co''' is a ] and ] provider based in the ]. Spread Co's custom-built platform is built and developed in-house for both professional and retail clients to trade financial markets.

		⚫	== History ==
	Spread Co has recently been named in UK parliament by a petition of former employees as being in serious financial trouble and deceitful in its marketing practices<ref></ref>.
			In 2006, the former ] CFO, Ajay Pabari, founded Spread Co, as a specialist provider of ]. The concept was to create a platform that was both sophisticated and simple to use, and saw tremendous potential in offering this high quality trading platform worldwide.<ref></ref>

			'''2009 - Saw the introduction of Spread Betting'''
	As a result of the controversy the hacktivist organization Anonymous have released a video, similar to their attack on the Church of Scientology, declaring their intention to 'dismantle' Spread Co<ref></ref>.

			With the idea of filling certain gaps in the online retail trading space and the custom made focus. In 2009 Spread Co added ] to its list of products, integrated into one single platform 'Saturn'.
⚫	== History ==
	In 2006 the former ] of ], Ajay Pabari, founded Spread Co, as a specialist provider of ]s.<ref></ref>

			'''2010 - Competitive Spreads'''
	The company began trading in November 2006. In March 2008 Spread Co launched “Premium Securities” in India with a national broker, bringing retail ] style trading to the Indian market.

			In October 2010 Spread Co reduced its ] and started offering 0.8pt spreads for EURUSD, the ] and the US30 Index.
	Spread Co added ] to its products in 2009, again accessed through its own in-house trading platform,“Saturn Trader”, which features a number of features such as customisable trading screens and charting features.

			'''2017 - Bitcoin'''
	In October 2010 the company reduced its ]s and started offering 0.8pt spreads for ], the ] index and the ] Index.<ref></ref>

			Spread Co launched its first ] product; 'Bitcoin Futures' available to trade for its spread betting account holders.{{Citation needed\|date=July 2020}}

			'''2018 - Spread Free Trading and Mini Markets'''

			The Spread free account provides account holders access to selected Index and ], such as EURUSD, GBPUSD, UK100 and US30 all with zero spread on all opening and closing trades in line with the fair usage policy.

			New ] increased the minimum margin requirements for trading; with all clients in mind Spread Co launched a list of top 6 popular trading markets forming their 'Mini Markets' enabling clients to trade low stakes with smaller deposits.

	== Operations ==		== Operations ==
	The London based company has business overseas through partnerships in different countries, including ~~], ], and~~ the ].<ref name=article></ref~~> It partnerships include financial firms such as deVere and Anand Rathi that increase Spread Co.’s activity worldwide.<ref name=article /~~>		The London-based company has business overseas through partnerships in different countries, including the ].<ref name=article></ref>

	=== Trading platform ===		=== Trading platform and Account types ===
	The company provides its services via in-house built Saturn ]. The platform can be ~~access~~ ~~in three different ways; Online~~ via a web-based platform, via a ~~downloadable~~ platform or ~~via~~ ~~mobile~~ platform.		The company provides its services via in-house built Saturn ]. The platform can be accessed online via a web-based platform or via a mobile platform and is customisable. Spread Co also offers a demo platform enabling clients to familiarise themselves with the platform.

			Spread Co offers two account types all tradable via one platform: Spread Betting Account and CFD Account.<ref>{{Cite web \|last= \|title=SpreadCo financial trading account types \|url=https://www.spreadco.com/account-specifications/ }}</ref>
⚫	=== Regulation ===
	Spread Co is a ] and ] London-based company authorised and regulated by the ] (FCA) since October 2006.<ref></ref>

		⚫	=== Regulation ===
	It is likely the parliamentary condemnation will cause an FCA investigation into Spread Co.
			Spread Co is authorised and regulated by the ] (FCA) since October 2006. All client money is kept in a separate bank account, this is a requirement of the FCA's client asset rules.

	== References ==		== References ==
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	{{DEFAULTSORT:Spread Co}}		{{DEFAULTSORT:Spread Co}}
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	]		]

Latest revision as of 19:15, 5 November 2024

Betting and CFD provider based in the UK

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Spread Co

Company type	Private
Industry	Financial services
Founded	London, UK 2006; 18 years ago (2006)
Headquarters	London, UK
Key people	Ajay Pabari (Founder/CEO)
Services	On-line trading, CFDs, Spread Betting and Foreign Exchange
Website	www.spreadco.com

Spread Co is a financial spread betting and CFD provider based in the UK. Spread Co's custom-built platform is built and developed in-house for both professional and retail clients to trade financial markets.

History

In 2006, the former CMC Markets CFO, Ajay Pabari, founded Spread Co, as a specialist provider of CFDs. The concept was to create a platform that was both sophisticated and simple to use, and saw tremendous potential in offering this high quality trading platform worldwide.

2009 - Saw the introduction of Spread Betting

With the idea of filling certain gaps in the online retail trading space and the custom made focus. In 2009 Spread Co added Spread Betting to its list of products, integrated into one single platform 'Saturn'.

2010 - Competitive Spreads

In October 2010 Spread Co reduced its bid-offer spreads and started offering 0.8pt spreads for EURUSD, the UK100 and the US30 Index.

2017 - Bitcoin

Spread Co launched its first cryptocurrency product; 'Bitcoin Futures' available to trade for its spread betting account holders.

2018 - Spread Free Trading and Mini Markets

The Spread free account provides account holders access to selected Index and Forex markets, such as EURUSD, GBPUSD, UK100 and US30 all with zero spread on all opening and closing trades in line with the fair usage policy.

New ESMA regulations increased the minimum margin requirements for trading; with all clients in mind Spread Co launched a list of top 6 popular trading markets forming their 'Mini Markets' enabling clients to trade low stakes with smaller deposits.

Operations

The London-based company has business overseas through partnerships in different countries, including the United Arab Emirates.

Trading platform and Account types

The company provides its services via in-house built Saturn trading platform. The platform can be accessed online via a web-based platform or via a mobile platform and is customisable. Spread Co also offers a demo platform enabling clients to familiarise themselves with the platform.

Spread Co offers two account types all tradable via one platform: Spread Betting Account and CFD Account.

Regulation

Spread Co is authorised and regulated by the Financial Conduct Authority (FCA) since October 2006. All client money is kept in a separate bank account, this is a requirement of the FCA's client asset rules.

References

External links

Spread Co

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