78% of clients lose money on CFDs

Guaranteed stop-losses explained

A guaranteed stop-loss order (GSLO), available for most products, works in the same way as a stop-loss order except that it guarantees to close out a trade at the price specified, regardless of market volatility or gapping.

​If you wish to place a GSLO on a trade, you will need to pay a small cost, called a 'GSLO premium' in the trading platform.

The GSLO premium calculation when placing a guaranteed stop-loss order on a trade is: ​premium rate x £/point.

​The applicable premium rate can be found on the trading platform, in the product overview for the relevant product.

​The premium will be charged when placing the GSLO, including when this is done by changing an existing pending regular stop-loss or trailing stop-loss order to a GSLO.

The GSLO premium is refunded to you if the GSLO is subsequently cancelled before it has been executed. An additional GSLO premium is not required to modify an existing GSLO.

​If you wish to place, modify or cancel a GSLO you must ensure that you have sufficient available funds in your account to cover any increase in position margin as a result. Failure to pay any GSLO premium due in full may result in your GSLO being rejected or removed.

Live account

Access our full range of markets, trading tools and features.

Open a live account

Demo account

Try CFD trading with virtual funds in a risk-free environment.

Open a demo account

Demo account

Try spread betting with virtual funds in a risk-free environment.

Live account

Access our full range of products, trading tools and features.

TOP

This website uses cookies to optimise user experience. You can amend your cookie preferences by accessing our cookie policy.

Close
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.