How
to make an online bet:
Spread betting with E*TRADE Spread Betting couldn't be simpler.
For greater speed and anonymity, you can trade online or
if you prefer, we also offer a full telephone service. Please
note that you will need an email account as contract notes
are sent via email and your statement is only available
online. The following information gives you a step-by-step
guide on how to make a spread bet with E*TRADE Spread Betting .
Important notes:
- Please note that every bet/trade generates an automatic
stop-loss, which you can amend when you make a bet or
at a later date via your Order Book. These stops are not
guaranteed.
- Please do not assume that we operate our business in
the same way as other spread betting companies. Full details
of how we conduct our business can be found here, in our
corporate brochure or in our terms & condition.
- You will find information about Spread Betting and managing
your account in our Beginners Guide.
- If you have a question, please check the Frequently
Asked Questions section or click here.
- If you have any questions at all, please don't hesitate
to contact us either by email on support@etradespreadbetting.com
or telephone +44 (0) 845 210 0377.
The instructions provided here relate to both a Live Trading
Account and Demo Account.
Log into your account
Log in to your account using your chosen username or password.
If you have forgotten either of these please contact us
by telephone on +44 (0) 845 210 0377.
If you have a Live & Demo account, the two accounts
are completely independent of one another and therefore
you will require different usernames and passwords for each
account.
You can log in to your Live account by entering your username
and password details in the box on the right hand
side of the home page (see image below). To log into your
Demo Account please click on the Login to Simulator button
on the homepage.
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Calculate the minimum deposit
Before you begin trading, you will need to deposit some
funds into your account. You can calculate the minimum amount
required by looking at our Product Information sheets which
are found on our homepage.
To calculate your minimum deposit, select the product you
wish to trade and then multiply your stake (i.e. how much
you wish to bet per point) by the Minimum IMR detailed in
the Product Information.
For example, if you wish to bet on the Daily FTSE with
£1 per point, you would multiply £1 x 30 (Min
IMR for Daily FTSE), your initial deposit would be £30.
If you want to make a bet on a share, you can find details
of the Min IMR on our website in the information button
located to the right of the product.
Your automatic stop-loss is calculated as 80% of the funds
on your account, or if you have sufficient funds on your
account, the system will generate a stop-loss calculated
at 80% of the Max CGSL (computer generated stop-loss). If
your stop-loss is set at the MAX CGSL level, you can move
it closer in or further away by amending your stop-loss
(see details to follow).
In the Daily FTSE example above therefore, your stop-loss
will be set at 24 points away from your opening trade. This
means you can only lose a maximum of £24. More information
about Stop-Losses follows.
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Deposit funds online
Funds can be deposited online using a debit or credit card
(2% fee for credit cards) or over the telephone. To deposit
fund online, click the "Credit My Account" button
and follow the instructions. Further details about
depositing funds can be found in the Customer Support section.
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