RISK WARNING NOTICE
Before trading Contracts for Difference, Spread Bets or Foreign Exchange (ForEx or FX), ensure you fully understand the risks involved. These products may not be suitable for all types of investor. Trading in Contracts for Difference / Spread bets / FX carries a high degree of risk and is generally considered suitable only for the more experienced investor. Leveraged products carry a high degree of risk for your capital, and in some circumstances you may be liable for a greater sum than your initial capital invested. Past performance is not necessarily a guide to future performance. Seek independent financial advice if necessary. These products are suitable only for people over the age of 18. Information and analysis produced by Pretium Securities Ltd does not constitute a recommendation or offer to make a transaction in any derivatives or securities, and is intended to be general in nature. Pretium Securities Ltd is fully authorised and regulated by the Financial Services Authority.
The past performance of any investment is not necessarily a guide to future performance. The value of shares or income from them may go down as well as up. The value of shares may rise as well as fall due to the volatility of world markets, economic conditions/data and/or changes in the rate of exchange in the currency in which the investments are denominated. You may not necessarily get back the amount you invested. If you are in any doubt about investment, you should seek independent financial advice
Please read the descriptions below to see which account will suit you best. If you wish to change your account at a later date, please contact us.
To open a Trader or Limited Risk Account, please apply online. The process is straightforward, and can be completed in minutes.
Trader account
This account offers our lowest initial margin requirements.
You can trade CFDs with Guaranteed and non-Guaranteed Stops provided you have sufficient cash in your account to cover the required margin.
With the Trader Account, it is important that you watch your open positions carefully and that you maintain sufficient funds on your account to cover subsequent margin requirements, after any running losses. We monitor your open positions and may alert you if further payments are required, but do not guarantee to do so, and may cut back or close open your position without notice if you do not maintain the required level of margin.
Limited Risk account
You limit your risk on every position by placing a Guaranteed Stop, for which you pay a one-off premium. With Guaranteed Stops, the maximum amount you can lose is known in advance. You must have sufficient cash in your account to cover the maximum possible loss before you place each trade.
Select account
For experienced traders we also offer the Select Account. This account cannot be opened online.
We will require evidence of liquid funds to open a Select Account and may offer credit facilities at our discretion. Initial margin on major indices and forex pairs are higher on a Select Account than on a Trader Account.
However, you will be given greater flexibility to manage your margin requirements.
If you are interested in this type of account, please open a Trader Account online and then contact our Credit Department on +44 (0) 20 7613 8383 to discuss changing your account type.
