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Investment Trends 2013 UK Leveraged Trading Report

Posted:
23/12/2013

A full text of the Investment Trends release is available in pdf format.

  • Against the backdrop of low volatility and increased capital gains expectations from the equity markets, the number of spread bettors in the UK contracts for the first time since 2009
  • 93,000 people use financial spread betting and/or contracts for difference (CFDs) in the UK, down from 104,000 in 2012
    Retail FX trader numbers also contract, but only modestly (3%)
  • IG’s lead remains unchallenged, despite pressure on market share
  • International FX specialists have been successful in growing market share
  • Clients continue to be very well serviced, with multiple brokers leading in individual service areas
  • Mobile trading is the norm and traders expect further developments to mobile platforms

Tim Howkins, chief executive of IG, says:

“For several years IG has been pursuing a strategy of devoting less of its resources to very low activity clients, in order to allow us to focus on more active, and therefore higher value, clients. Inevitably this means that the simple measure of market share, in terms of number of accounts, becomes increasingly less relevant. This de-emphasising of the lower end of the market by IG, given its scale, will have contributed significantly to the fewer newer entrants to the industry this year and the fall in IG’s classic market share measure. IG remains convinced that its focus on the more active end of the client-base is producing the desired results and delivering value for its clients and all of its stakeholders.”

A full text of the Investment Trends release is available below in pdf format.

PDFs require Adobe Reader, which is available free from Adobe.