Spread Angel, a new price comparison website for financial spread betting companies, has been launched in the UK.
According to the Financial Times newspaper, the new service has been designed to help users find out more about the fees being charged by operators.
Those that sign up to Spread Angel will be able to compare prices across 12 UK-registered spread betting groups, including major operators such as IG Group and CMC Markets.
Users can search a range of different areas such as fixed and variable rates, guaranteed stop losses and credit account facilities.
In addition to comparing the directed prices on offer from operators, Spread Angel display what companies have additional features such as social or mobile trading available to users.
Will Hanbury, co-founder of Spread Angel, said: “The site is extremely useful as there are discrepancies across the industry. It enables people to identify which is the best spread betting firm for them.”