TD Waterhouse - Contracts for Difference
TD Waterhouse CFDs provides active investors with a way to trade shares without having to pay the full price of owning the stock. CFDs (Contracts for Difference) can be traded 'long' or 'short' to speculate on either falling or rising markets.
A CFD is an agreement between two parties to exchange, at the close of the contract, the difference between the opening price and the closing price of the contract. With a CFD, you receive many of the benefits of share ownership (such as dividends and price performance) but you don't actually own the share. A CFD is a derivative product.
Is it right for you?
CFD trading carries high risk, it is possible to quickly lose more money than your initial deposit and you may be required to make further deposits at short notice. CFD trading is not for everyone so please ensure you understand the risks.
The value of your investments can go down as well as up. You may not get back all the funds you invest.
Learn more about CFD trading on our website at www.tdwaterhouse.co.uk.
The Benefits at a Glance...
- No UK stamp duty.*
- Leverage - enables you to produce a greater percentage profit but may also be greater loss from each trade.
- Take advantage of differences in market volatility between equities, indices, currencies or commodities.
- All trades in GBP - avoid foreign exchange exposure.
- Trade long and short - benefit from both rising and falling markets.
- Fully interactive online dealing.
* Tax laws may change.
Ways to Apply
Apply Online
Call us on 0845 601 6205
Lines are open Monday to Friday 8.00am to 5.00pm