Receive up to £300 cashback against realised net losses during the first 8 weeks after opening a spread betting acccount.
Ladbrokes in conjunction with World Spreads has launched a Financial Spread Betting Service. When you sign-up you can choose between a free £5 spread bet or £300 cashback against losses.
Existing Ladbrokes customers
Log into your
Ladbrokes account in the normal manner
Click 'Live account' under financial spread betting
Answer a few additional questions (so we can be sure this product is suitable for you)
Verify your e-mail address via a link
If you have funds in other Ladbrokes wallets simply transfer it to financial spread betting through 'My Account', if not just deposit straight into your account
Now you are ready to start trading!
New customers to Ladbrokes
Fill in the Ladbrokes registration form
Answer a few additional questions
Verify your e-mail address via a link
Deposit money into your account
Now you are ready to start trading - you can try any of the other Ladbrokes products
Click here for full terms and conditions.
T&Cs
To qualify for the offer, you must be accepted by Ladbrokes Financial Spreads as a new client. The offer is not available to employees of Ladbrokes or its affiliates; to existing Ladbrokes Financial Spreads clients; or to members of their households. You must fund your Financial Spreads account with a minimum deposit of £500 and commence trading within four weeks of opening your account. You must complete a minimum of ten closing trades within the first eight weeks of your account being opened. You must operate the account at all times in accordance with their normal terms and conditions. In the event that you incur losses, you may claim a refund of up to £300 of net losses.
How to claim
You may claim only once under the cashback scheme. Claims may be made by telephone, by e-mail (care@ladbrokesfinancialspreads.com) or in writing. They must be received by Ladbrokes Financial Spreads within 10 weeks of the date on which your account was opened and will be processed within 2 working days of receipt.
How much will I get?
If you submit a valid claim, they will reimburse your net losses up to a maximum of £300. Net losses will be the sum of the amount you have won or lost on all closed bets plus Ladbrokes Financial Spreads estimation of the amount you have won or lost so far on open bets. The money will be credited to your trading account and may not be withdrawn for 12 weeks from the date it is posted to your account. Where your account is not denominated in British pounds, the maximum claim will be the equivalent based on their rates at the time your claim is processed.
Can I still lose?
Yes. Spread bets are geared products. This means that you will make bigger profits if the market goes your way. But it also means bigger losses if it goes against you. Never enter into a bet that you cannot afford to lose. Neither the £300 cashback offer nor the money you place on your account will limit your potential losses if the market moves against you. You should ensure that your spread betting strategy meets your investment objectives. If in doubt, you should consult a financial advisor.
