FINANCIAL SPREADs
FinancialSpreads.com – a leading financial spread betting company. With a Financial Spreads Account you can spread bet on Shares, Forex, Gold, Oil, Indices …
FinancialSpreads.com – Financial Spread Betting
Welcome to FinancialSpreads.com, the Financial Spreads Betting website. We aim to keep our spreads permanently tight to give you more room to profit.
Whether you are an experienced forex or commodities trader or new to spread betting and want to trade on shares or whole stock markets we offer extremely competitive prices.
If you are new to spread betting try our FREE Demo Account which offers a selection of products and mirrors the functionality of our Live Trading Platform.
Spread betting and CFD trading carry a high level of risk and you can lose more than your initial deposit so you should ensure these trading products meet your investment objectives and if necessary seek independent advice.
If you would like to speak to us please call our friendly Customer Support Team on +44 (0)20 7456 7061 or email support@FinancialSpreads.com .
We do not require you to deposit funds into your account until you wish to trade.
To calculate the minimum deposit required to open a trade, you will need to review the Minimum IMR information, which can be found on the Market Information ticket linked to each product. Please look at the Managing Account section of this document for more specific details on how to calculate your minimum deposit or refer to the online User Manual.
You can credit your account in a variety of ways which are detailed below. Please note that due to money laundering regulations enforced by the Financial Services Authority, we are unable to accept funds from any other source than the account holders own funds.
Deposit money by Debit/Credit card
You can deposit funds securely online or by telephone using a debit or credit card. There is a 2% charge for payments made by credit card. If you did not register a card when you opened your account, you can do so by clicking the Credit My Account button and then Add Card. Alternatively, you can call the Customer Support team on +44 (0)20 7456 7061.
We accept all major debit and credit cards. We do not accept American Express and some International visa Electron cards.
As a credit card customer you should be aware of changes to the way some credit card companies charge for online betting transactions. Gambling transactions, which have until now been treated in the same way as any other purchase, will be treated as cash advances by some credit card companies. Cash advances are usually subject to a higher rate of interest than standard transactions, so you should check the terms and conditions of your card carefully
Registering your card details
If you enter your card details for the first time but do not make a payment, a pre-authorisation service will temporarily take 0.01p from your bank account and only appear on your bank account for a short time before dropping off. This amount will never actually be removed from your bank.
After you have registered your card once, you will not need to re-register this card unless your card expires or it is inactive for over 12 months.
Deposit money via Bank Transfer
You can deposit funds directly into our bank account by making a bank transfer from a bank account in your name. Please ensure you use your full name and FinancialSpreads.com account number as a reference. Due to money laundering regulations, we cannot accept cash deposited into our bank account. Any funds credited in this way will not be added to your account and could result in significant delays on any refund. Please be aware that large deposits of cash into our accounts by any client may generate an enquiry to the relevant authorities.
Some international transfers will incur a fee charged by your bank or ours. Any charges will come out of the amount that you transfer and therefore we will only credit your spread betting account with the funds that we receive. We cannot be held accountable for any bank charges.
Our bank accounts are held at Barclays Bank, 1 Churchill Place, London, E14 5HP. The details of our bank accounts are below:
To make a Deposit
All Currencies share the following details:
Account Name: London Capital Group T/as FinancialSpreads.com
Swift Code: BARCGB22
Sort Code: 20-77-67
Please check the grid below for the relevant account number and IBAN.
| Deposit Currency | Account Number: | IBAN: |
| Sterling | 70509868 | GB65 BARC 2077 6770 5098 68 |
| Euros | 74416200 | GB14 BARC 2077 6774 4162 00 |
| US Dollars | 68779833 | GB78 BARC 2077 6768 7798 33 |
Deposit Funds via cheque
Please make your cheque payable to London Capital Group and send it to FinancialSpreads.com, 2nd floor, 6 Devonshire Square, London, EC2M 4AB. We will not credit your account until your cheque has cleared. This usually takes 5 working days.
Unfortunately, we cannot accept banker’s drafts. If you are going to deposit funds using a building society cheque and it does not have your name on the cheque, we will need to see a receipt stamped by the building society to say that the money from that cheque came from an account in your name.
Cheques drawn on a bank outside of the UK can take up to 4-6 weeks to clear. Any commission charged by our bank, or yours, for processing an international cheque will come directly out of the funds from the cheque deposited and therefore only the funds credited to our bank account will be credited to your spread betting account.