Types of Account
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 Plus or Limited Risk Account, please apply online. The process is straightforward, and can be completed in minutes.
Plus Account
This account offers our tightest dealing spreads and incorporates the full functionality offered in PureDeal, including DealThru Charts, Trailing Stops and one-click dealing for faster execution.
You can also place Controlled Risk and non-Controlled Risk bets provided you have sufficient cash in your account to cover the required deposit.
With the Plus Account, it is important that you watch your open positions carefully and that you maintain sufficient funds on your account to cover our margin requirement, after any running losses. We monitor your open positions and may alert you if further payments from you are required, but do not guarantee to do so, and may cut back or close open bets without notice if you do not maintain the required level of margin.
Limited Risk Account
You limit your risk on every position by placing Controlled Risk bets which incur a wider dealing spread. You must have sufficient cash in your account to cover the maximum possible loss before you place each bet. On a Controlled Risk bet, the maximum amount you can lose is known exactly in advance.
If you require access to DealThru Charts, Trailing Stops or one-click dealing, you should apply for a Plus Account.
Please note, if you place a bet denominated in a currency other than your base currency, you will be exposed to currency fluctuations. We may then convert any profits or losses in this currency to your base currency. Due to the possibility of currency fluctuations, this could result in your account incurring a further loss, beyond your initial deposit.
*For Account upgrades please call our helpdesk on 0800 409 6789.
We recognise that the Account options above may not suit everyone and we can allow clients more time to pay margin calls (subject to status and proof of funds). If you are interested in discussing this option please open a Plus Account and contact our New Accounts team on 0800 195 3100.
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