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Spread bets carry a high level of risk so you should only speculate with money you can afford to lose. Stop-losses are automatically allocated with each bet you make. All stops are not guaranteed. You can lose more than your initial deposit and stake. Before you open an account, please ensure that spread betting matches your investment objectives, familiarise yourself with the risks involved and if necessary seek independent advice. The terms bet and trade are synonymous. You will be in fact placing bets and consequently you are not entitled to the rights to the underlying instruments you would be if you were trading. Tradefair® is part of the Betfair Group. TRADEFAIR® and the TRADEFAIR LOGO are trade marks of The Sporting Exchange Limited. Data on all Betfair Group website(s) (including pricing data) is protected by © and database rights. It may not be used for any purpose without a licence. Parental supervision (e.g. using NetNanny, CyberPatrol) is advised and encouraged. Tradefair® Binaries is licensed and regulated by the Gambling Commission. Licence No: 105-002062-R-104133-001 Tradefair® Spreads is a trading name of London Capital Group Ltd (LCG) which is a company registered in England and Wales under registered number: 3218125. LCG is authorised and regulated by the Financial Services Authority (FSA), a member of the London Stock Exchange. Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW.