Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and 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.

Discretionary definition 

In trading, ‘discretionary’ means that an investor is allowing their broker or fund manager to invest on their behalf without the investor having to authorise individual trades.

Discretionary definition 

In trading, ‘discretionary’ means that an investor is allowing their broker or fund manager to invest on their behalf without the investor having to authorise individual trades.

A discretionary broker, for instance, has complete authority to use investor’s capital to trade the markets, without requiring their input. They differ from advisory brokers, who will advise you on which trades to make without actually placing the trades for you, and execution-only brokers, who offer no advice.

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