Funding Your Account

You can deposit funds securely online or by telephone using a debit or credit card. There is a 2% charge for payments made by credit card. If you did not register a card when you opened your account, you can do so in the Payments section of the trading platform. Click on the Credit My Account button, then Continue and then Add Card. Alternatively, you can call the Customer Support team on +44 (0)20 7456 7020 .

We accept all major debit and credit cards. We do not accept American Express and some International visa Electron cards.

As a credit card customer you should be aware of changes to the way some credit card companies charge for online trading transactions. Gambling transactions, which have until now been treated in the same way as any other purchase, will be treated as cash advances by some credit card companies. Cash advances are usually subject to a higher rate of interest than standard transactions, so you should check the terms and conditions of your card carefully.

To improve the security of the card payments you make into your spread betting account and following industry standards, we operate Verified by Visa & MasterCard® SecureCodeTM for some card types. These schemes, known collectively as 3D Secure, are designed to improve the way that your card payments are authenticated and to reduce the likelihood of card fraud.

If you have previously enrolled for these services with your bank and we require your card type to use 3D Secure, you will simply be prompted for your 3D Secure password when you next make a payment into your spread bettingaccount.

If you have not yet enrolled in Verified by Visa or MasterCard® SecureCodeTM, you may be prompted by your bank to enrol before a payment can be made. This will be done quickly and securely on your bank's website before seamlessly bringing you back to the payment page to continue with your transaction.

Please be assured that when inputting your 3D Secure details you are communicating directly with your bank via a secure link. The information that you enter is not disclosed to London Capital Group. To complete your payment, you will be briefly redirected to a secure screen hosted by your card issuer.

You can credit your account in a variety of ways which are detailed below. Please note that due to money laundering regulations enforced by the Financial Services Authority, we are unable to accept funds from any other source than the account holders own funds.

Deposit money by Debit/Credit card

You can deposit funds securely online or by telephone using a debit or credit card. There is a 2% charge for payments made by credit card. If you did not register a card when you opened your account, you can do so by clicking the Credit My Account button and then Add Card. Alternatively, you can call the Customer Support team on +44 (0)20 7456 7020 .

We accept all major debit and credit cards. We do not accept American Express and some International visa Electron cards.

As a credit card customer you should be aware of changes to the way some credit card companies charge for online betting transactions. Gambling transactions, which have until now been treated in the same way as any other purchase, will be treated as cash advances by some credit card companies. Cash advances are usually subject to a higher rate of interest than standard transactions, so you should check the terms and conditions of your card carefully

Registering your card details

If you enter your card details for the first time but do not make a payment, a pre-authorisation service will temporarily take 0.01p from your bank account and only appear on your bank account for a short time before dropping off. This amount will never actually be removed from your bank.

After you have registered your card once, you will not need to re-register this card unless your card expires or it is inactive for over 12 months.

Deposit money via Bank Transfer

You can deposit funds directly into our bank account by making a bank transfer from a bank account in your name. Please ensure you use your full name and Capital Spreads  account number as a reference. Due to money laundering regulations, we cannot accept cash deposited into our bank account. Any funds credited in this way will not be added to your account and could result in significant delays on any refund. Please be aware that large deposits of cash into our accounts by any client may generate an enquiry to the relevant authorities.

Some international transfers will incur a fee charged by your bank or ours. Any charges will come out of the amount that you transfer and therefore we will only credit your spread betting account with the funds that we receive. We cannot be held accountable for any bank charges.

Our bank accounts are held at Barclays Bank, 1 Churchill Place, London, E14 5HP. The details of our bank accounts are below:

To make a Deposit

All Currencies share the following details:
Account Name: London Capital Group T/as Capital Spreads
Swift Code: BARCGB22
Sort Code: 20-77-67

Please check the grid below for the relevant account number and IBAN.

Deposit Currency	Account Number:	IBAN:
Sterling	70721778	GB40 BARC 2077 6770 7217 78
Euros	69703833	GB90 BARC 2077 6769 7038 33
US Dollars	75872800	GB76 BARC 2077 6775 8728 00
Norwegian Kroner	56768744	GB60 BARC 2077 6756 7687 44
Swedish Kroner	53132388	GB18 BARC 2077 6753 1323 88
Danish Kroner	47496022	GB55 BARC 2077 6747 4960 22
South African Rand	62405000	GB83 BARC 2077 6762 4050 00
Australian Dollars	56768633	GB50 BARC 2077 6756 7686 33
Hong Kong Dollars	53132299	GB93 BARC 2077 6753 1322 99

Deposit Funds via cheque

Please make your cheque payable to London Capital Group and send it to 2nd floor, 6 Devonshire Square, London, EC2M 4AB. We will not credit your account until your cheque has cleared. This usually takes 5 working days.

Unfortunately, we cannot accept banker’s drafts. If you are going to deposit funds using a building society cheque and it does not have your name on the cheque, we will need to see a receipt stamped by the building society to say that the money from that cheque came from an account in your name.

Cheques drawn on a bank outside of the UK can take up to 4-6 weeks to clear. Any commission charged by our bank, or yours, for processing an international cheque will come directly out of the funds from the cheque deposited and therefore only the funds credited to our bank account will be credited to your spread betting account.

Deposit Funds via Skrill

Skrill is a leading internet payments provider and is authorised and regulated by the UK Financial Services Authority. We believe that this service will allow successful account funding at minimal cost to our clients. Skrill is an alternative way to fund your account and a substitute to using either a bank/credit card or making a bank transfer.

Once you have set up and accoutn with Skrill directly from their website (www.Skrill.com), you will need to choose an amount to deposit in either £,$ or €. You will be asked for the "Recipient Email Address". When requested to do so, please be sure to input one of the following three payment emails, depending on the currency that you have chosen (otherwise your payment will fail):

a. GBP-payments@capitalspreads.com

b. EUR-payments@capitalspreads.com

c. USD-payments@capitalspreads.com

We do not require you to deposit funds into your account until you wish to trade.

To calculate the minimum deposit required to open a trade, you will need to review the Minimum IMR information, which can be found on the Market Information ticket linked to each product. Please look at the Managing Account section of this document for more specific details on how to calculate your minimum deposit or refer to the online User Manual.