Skip main menu Accessibility www.hl.co.uk | Cookie policy | Contact us

Hargreaves Lansdown

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Risk Disclosure Notice 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, Privacy 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, Privacy 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 personal 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 companies of the IG Group of Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA. IG is authorised and regulated by the Financial Conduct Authority (FCA Register number 195355). Introducing our partner IG.

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



Spread Bets and CFDs are leveraged products. Spread Betting and CFD trading typically require the deposit of a small percentage of the total trade value, profits & losses can quickly exceed your deposits requiring you to make further payments. Ensure that you understand the risks as these products are not suitable for everyone, if you are in doubt seek personal advice. This website does not constitute investment advice. You can find details of these charges for particular Markets within the relevant Market Information tab, which is located on the Trading Platform next to each Market or by calling us on 0117 988 9915. Hargreaves Lansdown Asset Management is authorised and regulated by the Financial Conduct Authority, FCA Register number 115248.  

IG is a trading name of IG Markets Limited and IG Index Limited. CFDs provided by IG Markets Limited, spread betting provided by IG Index Limited. Both IG Markets Limited (register number 195355) and IG Index Limited (register number 114059) are authorised and regulated by the Financial Conduct Authority.

Please ensure you have read the CFD Key Information Document and Spread Betting Key Information Document to better understand the nature, risks and costs of CFD and Spread Betting products, as well as your potential gains and losses when using them before deciding to invest.