BETTING
EXCHANGE REVIEWS - CANTOR SPREADFAIR |
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CANTOR
SPREADFAIR is a subsidiary of Cantor Index who is a member
of the London Stock Exchange and regulated by the UK Financial
Services Authority (FSA). Cantor Index Ltd is part of the
Cantor Fitzgerald Group, a world leader in financial markets
with over 55 years' experience as a wholesale financial intermediary.
Has a very solid reputation and highest integrity. Its expertise
in risk management has now opened up to the world of spread
betting. Cantor Index provides spread betting on primarily
the financial markets whereas Cantor Spreadfair has a primary
focus on sporting events (although there are some financial
products available for trading at Cantor Spreadfair).
Cantor Spreadfair has a distinct focus on UK-based sporting
events such as Soccer, Cricket, Rugby Union and UK Horse Racing.
However, the markets covered are growing at a decent rate
and now offer markets on various international events such
as American Football, Movies and Golf. Liquidity is good and
the most popular sports or events generally have very narrow
spreads as you are betting against other players rather than
a market maker. As there are no STOP LOSS or LIMIT LOSS facilities,
there is no limit to your potential gains or losses! However,
if you like spread betting and are willing to take the risks,
then Cantor Spreadfair offers an excellent place as the spreads
tend to be more narrow than with traditional spread betting
firms.
There are two sign up bonuses on offer but you can only choose
one or the other when opening your account.
- £50 Cash Offer
Place one bet of any size on any market and they will credit
your account with £50. Enter the promo code FRB001
when opening your account then contact Cantor Spreadfair
by email or phone after your first bet to claim your £50.
(£50 must be risked before it can be withdrawn.)
- £2,500 Cash Back Offer
Depending on your trading activity, you will reduce the
commission charged by Cantor Spreadfair. At certain commission
tiers, you will receive a cash bonus. You will earn one
commission point for every £25 of net profit and loss
on standard markets and one point for every £25 of
aggregate profit and loss on long term markets. At 2 points,
the commission tier will be 4.9% and you will receive a
£25 cash bonus and if you are a major trader, then
at 3.0%, you get the final £1,500 cash bonus, making
it a total of £2,500. To claim
this offer, you must enter promo code CBK001
when you open your account. See Loyalty Programme
below for more details.
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CANTOR
SPREADFAIR - RANKING |
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| OVERALL
RANKING: |
N/A |
| G-INDEX
MEMBER RANKING: |
N/A |
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CANTOR
SPREADFAIR - FEATURES |
| POSITIVE
FEATURES |
NEGATIVE
FEATURES |
- Highest integrity and security
- FSA regulated (UK Financial Services Authority)
and Cantor Index is a member of the London Stock Exchange
- Narrow spreads
- Decent liquidity
- Excellent customer support
- Excellent loyalty programme
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CANTOR
SPREADFAIR - BETTING & COVERAGE |
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CANTOR
SPREADFAIR provides markets in the following sports /
events:
American Football |
Boxing |
Cricket |
Financial Markets |
| Golf |
Football |
Horse Racing |
Movies |
| Olympics |
Politics |
Rugby Union |
Snooker |
| Tennis |
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Please note that depending on the season and general developments,
there might be more markets added or some may be unavailable.
Liquidity is quite good for most of the mainstream sports.
However, we have noticed that with some of the less popular
sports, matches or events, liquidity can be quite tight and
thus spreads very wide. But for most of the popular sports
or events, spreads are usually very narrow as there is no
middleman taking a cut on the spreads.
All positions opened on Cantor Spreadfair attract a NTR (Notional
Trading Requirement), which is the minimum amount of money
or credit required to open a new position. The NTR varies
from market to market depending on the volatility of the market.
For example, if you want to buy £50 of corners at 11
in a soccer match, you will need to have £250 available
in credit as the NTR for corners is 5. Essentially the NTR
is a measure of the expected volatility of a particular event.
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CANTOR
SPREADFAIR - SPECIAL FEATURES |
NO
STOP OR LIMIT LOSS FACILITY
Cantor Spreadfair does not offer Stop loss or Limit Loss
accounts or facility. To hedge or set a maximum loss, you
will need to leave an order whereby you sell or buy an event
opposite to your original bet. For example, let's say that
you bet £10 that England will score less than 200 runs
against Australia in a one day international cricket match.
To limit any potential losses, you could leave an order to
sell 250 runs at £10 and thereby limit your potential
losses to £500. If England score 150 runs, you will
make a £500 profit.
But if England have a really good day batting and you have
not left a sell order and you are out partying instead of
watching the game or your computer crashes, your potential
losses could far exceed what you were prepared to risk when
you made the initial bet. Let's say that England really scored
at a tremendous run rate and finished with 500 runs (dream
on), your loss would be £3,000. NOTE
that there is no Upper Limit on gains nor on losses!
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CANTOR
SPREADFAIR - PROMOTIONS |
CANTOR
SPREADFAIR does not run many special promotions.
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CANTOR
SPREADFAIR - LOYALTY PROGRAMME |
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CANTOR
SPREADFAIR has an excellent loyalty programme. You can
get back £2,500 depending on your wagering amount.
Firstly, the more you bet with Cantor Spreadfair, the lower
the rate of commission that you pay. You can lower the commission
paid from 5% to as low as 3%.
Secondly, there is a cash bonus each time you reach a certain
commission rate. Your commission rate is dependent upon your
wagering amount. A client will earn one commission point for
every £25 of net profit and loss on standard markets
and one point for every £25 of aggregate profit and
loss on long term markets. You only need 2 points to move
to the 4.9% rate and thus get a £25 cash bonus. To move
for example to 4.0% and get the £150 bonus, you will
need 2,531 points and so on - please check their website for
all the details. The cash bonuses are paid out when you reach
a certain Commission Rate level as follows:

To claim this offer,
you must enter promo code CBK001 when you open your account.
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CANTOR
SPREADFAIR - SOFTWARE & INTERFACE |
Very
simple but elegant designed website. We prefer such uncluttered
websites as it makes it so easy to navigate straight to the
important things like the markets and bets. Very fast servers
so bets are available almost instantaneously when you click
a button. As all markets and bets are available via their
excellent and simple website, no need to download anything
and works like a charm.
Please note that the Cantor Spreadfair website is unavailable
between the hours of 3:00 am and 3:30 am GMT for daily system
updates. |
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CANTOR
SPREADFAIR - DEPOSIT & WITHDRAWL OPTIONS |
DEPOSIT
OPTIONS:
VISA, Mastercard, Switch, Maestro, Solo, Delta
To open an account you will need to enter your bank account
number and sort code.
CASH OUT OPTIONS:
To withdraw, you will need to call their Customer Support
at 08000-111 448.
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CANTOR
SPREADFAIR - SUPPORT |
CANTOR
SPREADFAIR has an excellent customer service. Only negative
is that it is not 24/7 although online trading is available
24 hours a day, 7 days a week. Telephone trading: 7.00am -
11.00pm, every day.
Customer services is open between 7.00am - 11.00pm GMT every
day at the freephone telephone number 08000-111 441 or you
can always contact customer support via email at: cs@cantorspreadfair.com.
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CANTOR
SPREADFAIR - MEMBER COMMENTS |
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