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Multiple Spread betting accounts / currencies


alpen

Question

Hello

I'm located in the UK with a spread betting account which has a GBP base currency.

Can I open up another spread betting account (under the same user id) and give it a different base currency (eg USD) and then be able to transfer funds between the 2 spread betting accounts?

And in such a case would I have to maintain sufficient margin in each account or would it be pooled?

Edited by alpen
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3 answers to this question

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Hi @alpen

Yes you can open a second account with a different base currency. You can transfer funds between the accounts, however you would need to send this request to our client money team as opposed to being able to transfer online. Each account would need to have sufficient margin to cover positions. There is no pooling between accounts. 

All the best, 

Anda

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