TD Waterhouse - Contracts for Difference and Financial Spread Betting
Contracts for Difference
TD Waterhouse CFDs provides investors with a way to trade on the movement of shares without having to pay the full price of owning the stock. CFDs can be traded 'long' or 'short' to speculate on either falling or rising markets.
A CFD is an agreement between two parties to exchange, at the close of the contract, the difference between the opening price and the closing price of the contract. With a CFD, you receive some of the benefits of share ownership (such as dividends and price performance) but you don't actually own the share. A CFD is a derivative product.
Key Benefits of CFD Trading
- Introductory Low Stake Sizes available for customers new to trading CFDs.
- No UK stamp duty**.
- Benefit from both rising and falling markets by trading long or short.
- Fully interactive online dealing.
- Produce a greater percentage profit or loss from each trade by using leveraging.
- Take advantage of differences in market volatility between equities, indices, sectors, currencies or commodities.
- All trades in GBP - avoid foreign exchange exposure.
- Stop losses available - to reduce financial risk.
** Tax laws may change.
How do I apply for a CFD Trading Account?
You can apply online for a CFD Trading Account with TD Waterhouse.
Financial Spread Betting
TD Waterhouse offers Financial Spread Betting on underlying financial instruments such as equities and index markets. It is a simple, versatile tool that can help you profit from both up and downward movements in the price of an individual stock or index.
A financial spread bet is an agreement between a customer and a provider to exchange the difference between the open and closing value of the bet. With Financial Spread Betting, you are simply speculating on the direction of the future price movements in an underlying instrument; you specify an amount you want to bet on each point movement.
Key Benefits of Financial Spread Betting
- All profits free from UK capital gains tax**.
- No UK stamp duty**.
- Leverage - enables you to produce a greater percentage profit or loss from each trade.
- Take advantage of differences in market volatility between equities, indices, currencies or commodities.
- Trade long and short - benefit from both rising and falling markets.
- All bets in GBP - avoid foreign exchange exposure.
- Fully interactive online dealing.
** Tax laws may change.
How do I apply for a Financial Spread Betting Account?
You can apply online for a Financial Spread Betting with TD Waterhouse.
Learn more about CFD trading and Financial Spread Betting on our website at tdwaterhouse.co.uk.
Is it right for you?
CFD Trading and Financial Spread Betting carries high risk, it is possible to quickly lose more money than your initial deposit and you may be required to make further deposits at short notice. CFD Trading and Financial Spread Betting is not for everyone so please ensure you understand the risks.The value of your investments can go down as well as up. You may not get back all the funds you invest.