BARXdirect: FST
If you are sure that Financial spread betting is for you and you wish to proceed to open an account with us, please read andaccept the statements below.
If you have any queries, please contact our Account Management Team on 0845 355 0802*.
Spread betting typically requires the deposit of a small percentage of the total trade value. As the financial outcome is determined by the total trade value, profits and losses can quickly exceed your initial deposit.
Ensure you understand the risks as these products are not suitable for everyone.
Barclays Stockbrokers Financial Spread Trading provides an execution only service and does not give any advice in relation to investments.
If you are in doubt as to whether spread betting is suitable for you, you should consult your financial adviser.
Barclays Stockbrokers Financial Spread Trading does not receive any commission from any third parties in relation to accounts which are opened.
- I confirm that I understand that trading on margin using spread bet facilitates larger bets than conventionally settled, full-value trading.
- I confirm that I understand that trading on margin involves making an initial deposit to open a position and the obligation to meet running losses in full in accordance with the Barclays Stockbrokers Financial Spread Trading customer agreement.
- I confirm that I understand that I can lose more than any initial deposit placed to open a bet.
- I confirm that I understand that spread bets referenced to different underlying financial instruments exhibit different performance characteristics and that the volatility of the instrument is a key determinant of the potential profit or loss.
- I confirm that I understand that Barclays Stockbrokers Financial Spread Trading offers an execution only service.
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I confirm that I understand the risks associated with spread betting and that I consider these products to be suitable for me.
* Calls made to 0845 numbers are free for BT residential customers (current as at January 2009). The price on non-BT phone lines may vary; please check with your service provider. Calls may be recorded to monitor the quality of our service, to check instructions and for security purposes.
Spread betting carries a high level of risk to your capital and you should only deal with money you can afford to lose. The value of investments can fall as well as rise and you may lose significantly more than your initial margin payment. If you want to spread bet you need to sign a risk warning notice. Spread betting may not be suitable for everyone so please ensure you understand the risks involved before trading.
Barclays Stockbrokers Financial Spread Trading is a trading name of City Index Limited (CI) whose registered office is Park House, Finsbury Circus, London EC2M 7EB. For the purposes of spread betting any contract is between you and CI and all dealing, administration and settlement is carried out by them and Barclays Stockbrokers are not responsible for any of the functions they perform.
