Please ensure that you are fully aware of the risks involved and only trade with money you can afford to lose. Whilst we provide compulsory stop-losses, they are not guaranteed and it is possible for you to lose more than your initial stake and deposit. Please ensure spread trading meets your investment objectives and, if necessary, seek independent financial advice. TD Waterhouse Spread Trading is a trading name of London Capital Group Ltd (LCG) which is registered in England and Wales under registered number 3218125. LCG is authorised and regulated by the Financial Services Authority. Registered address: 12 Appold Street, London, EC2A 2AW.