Welcome to TD Waterhouse CFDs & Financial Spread Betting
Designed to meet the needs of
active traders, our Contract for Difference (CFDs) and
Financial Spread Betting Service offers exposure to market indices,
individual equities, market sectors, currencies and commodities on
both UK and International markets.
Contract for Difference (CFDs) and financial
spread betting have grown rapidly over recent years, offering a
number of advantages to active traders who can afford to place a
portion of their assets into high risk investments in exchange for
potentially high returns. Please note that losses can be large as
well.
Advantages
- Low margin requirements
- Leverage – enables you to produce a greater percentage profit
or loss from each trade
- Hedging – allows you to protect your portfolio against share
price drops
- Trade short – profit from falling share prices, as well as
rising (trade long)
- No UK stamp Duty*
- Financial spread betting is free from UK capital gains
tax*
- Exposure to UK, US, European and other
international equities, indices, sectors, commodities and
FX
* Tax laws may change
You should be aware that from Friday
20 June 2008, should you acquire a short position of 0.25% or above
in stocks admitted to trading on prescribed markets which are
undertaking rights issues, you will be required to disclose to the
market, by means of a Regulatory Information Service, by 3.30pm the
following business day. For more information please refer to
the FSA website.

CFD trading and financial spread betting typically require the
deposit of a small percentage of the total trade value. As the
financial outcome is determined by the price movement on the total
trade value, profits and losses can quickly exceed the initial
deposit and may require additional financing. Ensure you
understand the risks as these products are not suitable for
everyone. These products are only intended for people who are
over 18.
TD Waterhouse CFDs and TD Waterhouse Financial Spread
Betting are a Contract for Difference (CFD) and spread
betting provider.