The TD Financial Spread Trading Account is
provided by London Capital Group
For the purpose of Financial Spread Trading, TD Direct Investing is introducing you to London Capital Group (LCG) and all dealing, administration and settlement is carried out by them. London Capital Group is a leading provider of online Financial Spread Trading. TD Direct Investing receives various commission revenues from LCG in direct relation to the transactions made by you. London Capital Group will provide further detail regarding the commission payments upon written request.
Financial Spread Trading at a glance
- Leverage - enables you to produce a greater percentage profit from each trade, however losses can quickly and substantially exceed your initial investment. You may need to make further deposits.
- Hedging - gives the ability to protect your portfolio against share price drops.
- Trade long - you could profit from rising share prices.
- Trade short - you could profit from falling share prices.
- Exposure to UK, US, European and other international equities, indices, sectors, commodities and currency pairs.
- Financial Spread Trading is currently free of UK Capital Gains Tax (CGT) however you are unable to use any capital losses to offset gains for the purposes of CGT. All spread trades are free from stamp duty. Tax laws may change and are subject to individual circumstances.
Sophisticated but Easy to Use Trading Platform
The TD Financial Spread Trading platform is designed with the active trader in mind. You can access information to help you make your own decisions, and trade long or short, all from one platform. Now there are a wide range of support tools like charting and back testing to help you formulate and test your spread trading strategy. And you can set up alerts for markets that you’re following to signal when it’s the right time to enter or exit.
Straightforward Funding
You can easily fund your TD Financial Spread Trading account using your debit card online.
Tax Free Profits
Any capital gains you make from your TD Financial Spread Trading account are completely free of Capital Gains Tax. You should be aware that, whilst profits made from Spread Trading are not subject to Capital Gains Tax (CGT), you are unable to offset any losses against capital gains for CGT purposes.
Also Financial Spread Trading is currently exempt from UK stamp duty.
Please note the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future.
Free demo account
Our free demo account lets you test out your strategies on a virtual trading platform. Manage a mock portfolio of £10,000 on our virtual trading platform until you’re ready for the real thing. The platform also offers you comprehensive charting, watchlists and educational guides to refine your trading, as well as telephone support should you need to speak to someone directly. We can not offer dealing or trading support on a demo account.
Range of Markets
The TD Financial Spread Trading account gives you access to a wide variety of UK and international markets, as well as indices, sectors, commodities and FX.
Bull or Bear?
One of the advantages of financial spread trading is the opportunity to short (or sell) the market. You can therefore profit from both rising and falling markets.
Hedging
You can use your TD Financial Spread Trading account to hedge your existing share portfolio. For example, if you have some shares which are decreasing in value in the short-term, you could “Sell” the value of the share using a sell trade and possibly make a profit to counter-balance any decrease in the value of your shares that you hold.
Stake Size of Your Choice
Financial Spread Trading also allows you to trade in sizes smaller than those usually available in the underlying market.
Trade in One Currency
On the TD Financial Spread Trading platform you can trade on a huge variety of financial products in one place and in one currency. We currently offer three currency accounts. When opening an account you select the base currency you wish to trade allowing you to avoid costly exchange rates when trading on international markets. The currency selection at account opening cannot be changed after your account is activated.
Trade on Margin
TD Financial Spread Trading allows you to trade on margin, which means you need only deposit a small percentage of the full value of your trade leaving your excess capital to continue working hard elsewhere.
This ability to leverage means that Financial Spread Trading can carry a high degree of risk to your capital, consequently losses can quickly and substantially exceed your initial investment. You may lose more than your initial investment and you may also need to make further deposits. Financial Spread Trading is not suitable for everyone. You should therefore ensure you fully understand the risks involved and seek independent advice if necessary.
Maintaining Positions
In addition to the Margin Requirement to establish a position, if your position moves against you, you may need to make further deposits. In the event of market gapping your order may not be filled at the level you requested which means you may lose more than your initial deposit. It is important to understand that you can make or lose much more than your initial deposit, unless you use a Guaranteed Stop Loss order (a premium is charged for this service). When you hold an open position, the minimum deposit level must be maintained at all times otherwise your trade will be closed out with an automatic stop loss. However, you can still potentially lose more than your initial deposit unless you have chosen to use a Guaranteed Stop Loss order.
Overnight financing
Go to the TD Financial Spread Trading FAQs to find out how overnight financing is charged
Open a TD Financial Spread Trading Account
Opening times:
Client Services : 8am to 7pm Monday to Friday
Dealing : 11pm Sunday to 9.15pm Friday (round the clock)
