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Spread trading carries a high level of risk and you can lose more than your initial deposit so you should ensure spread trading or CFD trading meet your investment objectives and if necessary seek independent advice. Stops are automatically allocated to each trade and if triggered are subject to market gaps unless you specified for your trade to be guaranteed. Saxo Bank Financial Spreads is a trading name of London Capital Group Ltd (LCG). LCG is a company registered in England and Wales under registered number: 3218125. London Capital Group Ltd, a wholly owned trading subsidiary of LCGH plc, is regulated and authorised by the Financial Services Authority. It has a European passport and is a member of the London Stock Exchange. London Capital Group Ltd also has access to international markets through its global clearing relationships. Registered address: 2nd floor, 6 Devonshire Square, London, EC2M 4AB.