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, but these stops are not guaranteed. You can lose more than your initial deposit and stake. Before you open an account, please ensure you familiarise yourself with the risks involved. Capital Spreads is a division of London Capital Group which is authorised and regulated by the Financial Services Authority (FSA), a member of the London Stock Exchange, LIFFE, Eurex and Euronext. Registered address: 4th Floor, 12 Appold Street, London EC2A 2AW Registered No: 3218125