What are the risks?

Risks and Terms & Conditions

It is important that you read and understand our Terms and Policies before opening an account and trading with us.

Spread Betting
Please ensure that you have read our Risk Disclosure Notice and Customer Agreement. You can also see more information on our Order Execution Policy, Conflicts Policy and Complaints Information.

CFD trading
Please ensure that you have read our Risk Disclosure Notice and Customer Agreement. You can also see more information on our Order Execution Policy, Conflicts Policy and Complaints Information.

Risk warning
Spread Betting and CFD trading carry a high level of risk to your capital. Speculate only with money you can afford to lose; Spread Betting and CFD trading typically involve initially depositing only a small percentage of the total trade value upfront, and losses can quickly exceed your initial deposit requiring you to make further payments. This website does not constitute investment advice. These services are execution only and do not give any advice in relation to investments.

Please ensure you understand the risks as Spread Betting and CFD trading may not be suitable for everyone; if in doubt you should seek independent advice. Any tax reliefs referred to are those currently applying. Levels and bases of and reliefs from tax are subject to change and depend on individual circumstances.

The examples used should not be viewed as a personal recommendation to effect a CFD trade or a Spread Bet in any financial instrument. If the price of a CFD trade or Spread Bet moves against you, you could face unlimited losses and face the need to make additional payments. You could lose all the money you invested and you may have to pay more later. This risk warning does not necessarily convey all of the risks involved in every CFD trade and Spread Bet.

For the purposes of Spread Betting and CFD trading, Hargreaves Lansdown will introduce you to HL Markets which is provided by IG, located at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG is authorised and regulated by the Financial Services Authority (FSA Register number 195355). Introducing our partner IG (IG Index Ltd and IG Markets Ltd).

CFD trading and Spread Betting dealing services are carried out by IG Markets for CFD trading and IG Index for Spread Betting and any contract you enter into will be a contract between you and IG Markets and/or IG Index. All dealing, administration and settlement is carried out by IG Markets and/or IG Index, and Hargreaves Lansdown is not responsible for any functions they perform.

Hargreaves Lansdown Stockbrokers Ltd is authorised and regulated by the Financial Services Authority and a member firm of the London Stock Exchange.