Henyep Investments (UK) Ltd, the company behind the very successful Middle Eastern HY Markets brand, is now introducing a new type of spread betting. piptrade.com is a very intuitive way to understand and trade spread betting – by setting your dollar value per tick you are able to control the amount you trade and can also easily calculate your profit and loss with every tick.
Another nice feature is the ease in opening an account and the ability to start trading within minutes, which much reminds the sleek registration process of Tradency’s product. Unlike the heavily regulated US brokers the non-US brokers can speed-up the whole registration process skipping most of the compliance requirements at least before a withdraw is requested. This in turn greatly improves conversions and the effectiveness of online campaigns.
It seems that there’s great focus in the market on spread betting right now with several companies offering spread betting (and other types of financial betting) services. FXCM UK is the largest Forex brokers to offer spread betting to its clients and has received some great feedback so far. IG Markets is one of the industry’s veterans and perhaps the largest of them all, One Financial also boasts a very nice platform. Even a purely gambling company like PartyGaming has its own spread betting brand called PartyMarkets (co-brand with City Index).
Some in the Forex industry believe that while retail Forex growth might come to an end in the developed markets, spread betting might be the next growth engine. While this might be true, spread betting is a small niche and I highly doubt it’ll ever reach the size of the current retail Forex market which is a niche in itself.
Below is the full PR as was issued by Henyep Investments (UK) Ltd:
London, UK – October 18th, 2009 – Henyep Investments (UK) Ltd is pleased to announce the launch of PIPTRADE, www.piptrade.com the company’s latest online trading division.
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PIPTRADE introduces a revolutionary new method of trading called “Dollar per Tick Trading” that presents an exciting new approach to financial trading.
PIPTRADE features an innovative web-based trading platform that allows easy and simple trading execution on all major financial markets such as forex, metals such as gold and silver, commodities, equities, and major indices. This unique trading platform was designed to offer effortless and direct access to the market for any individual, regardless of the trading experience. At the same time it incorporates an enormous array of state-of-the-art features that sets it apart from the competition.
PIPTRADE’s ground-breaking Dollar per Tick Trading System brings you the easiest way to trade the markets. The procedure is very simple; you choose your product, decide the dollar value per tick, choose the amount to risk and execute the trade.
Opening an account with PIPTRADE is immediate with the full procedure allowing customersto start trading in less than 5 minutes. This is facilitated by the fact that PIPTRADE allows customers to fund their accounts using their credit cards as well as many other online payment solutions in addition to traditional methods like wire transfer. With PIPTRADE, one account gives you access to all major financial markets. Trade all capital markets on one easy to use platform that gives clients the convenience to choose their price viewing options whilst having access to live tradable prices, charts and trade screen in the same application. Marios Chailis, Henyep Group’s Marketing Director has stated, “PIPTRADE’s Dollar per Tick Trading, can now be considered as the easiest way to trade financial products across all capital markets.”
Henyep Investments (UK) Ltd is a division of the Henyep Group, a global diversified conglomerate with business in financial services, property, education, and charity spanning 3 continents and 20 countries world-wide. Henyep Group companies are registered and authorized in world-leading jurisdictions including London, Dubai, and Hong Kong, providing clients with the comfort and security of a global institution.
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Henyep Investments (UK) Ltd, has achieved a remarkable status as a leading provider of foreign exchange and derivative products on a diverse range of global capital markets such as Forex, metals, commodities, indices and equities among others. Headquartered in London, with over 30 years of operational history of 30 and $35 billion it is authorized and regulated by the Financial Services Authority of the United Kingdom. The company has asserted its position as a partner of choice for serious investors seeking fast and direct access to the world’s capital markets.
For additional information on PIPTRADE, visit www.piptrade.com