Simple to use but only 30 day demo

“Simple to use but only 30 day demo”

Written on: 22/09/2013 by bobetjo (15 reviews written)

Spreadco have a proprietary system called Saturn. This can be either downloaded for a number of operating systems or run online.

The layout is fairly simple and after a few days it can be understood.

The downside is that Spreadco only let new punters have a demo account for 30 days. Their logic is that new bettors can 'upgrade' to a funded account after that.

Successful spread bettors have said they probably trade once a month or less. 90% of all new punters lose their deposit in three months. So it feels a bit cynical to push inexperienced users into real cash transactions very early. This smacks of churning.

The company makes money whether you win or lose, but obviously has an interest in more frequent betting.