Spreadex customers can now engage in China H-shares trading through the platform, following a recent update.
China H-shares are shares of companies based in mainland China that are listed on the Hong Kong Stock Exchange. These typically have more liquidity than China A-shares, which are listed in the mainland, as they are easier for foreigners to trade.
In an email to account holders, the firm said: “H-shares represent an excellent opportunity to diversify your portfolio by gaining exposure to over 300 leading Chinese companies listed on the Hong Kong Stock Exchange.
“Gain exposure to major Chinese Companies not available through A-shares alone.”
The addition of China H-shares trading to Spreadex’s platform comes after it recently added trading signals. These provide trading suggestions to users based on chart patterns.
Provided by third party market scanner Autochartist, the trading signals give users trade ideas alongside risk management suggestions and take profit levels.
They are driven by two core technical analysis tools: Chart Patterns and Key Levels. The former are visual representations of patterns of price movements, while the latter are suggested points in the market where price changes could occur.
Spreadex was founded in 1999 by ex-city trader Jonathan Hufford and is headquartered in St Albans, Hertfordshire.
The firm now has around 60,000 account holders and offers access to more than 10,000 financial instruments, including UK small-cap shares.
The Good Money Guide’s latest review found the company offered “some of the best personal service for large spread betting and CFD traders”.
In the review, Good Money Guide founder Richard Berry noted the platform has “built a reputation for great tech and trading”.
Highlights include a focus on “providing excellent customer service through experienced dealers and a trading platform built from scratch”.
We rate Spreadex as particularly good for forex spread betting, which is a form of trading which does not incur capital gains tax on profits.
Robin has more than six years of experience as a financial journalist, most of which were spent at Citywire, and covers the latest developments in the investing, trading and currency transfer space. Outside of work, he enjoys reading literature and philosophy and playing the piano.
You can contact Robin at robin@goodmoneyguide.com
