Main Menu


How to trade Covered Warrants with TD Waterhouse

Existing Customers

Upgrade your account now to trade Covered Warrants!

Online

Online - add access to Covered Warrants by upgrading your account online.

Download

Download our Upgrade Form and upgrade to a Trading Plus Account. Please make sure you have read the customer Terms of Service.

Download now

By post - alternatively, request an Upgrade Form by post.

Pack by post

New Customers

If you want to trade Covered Warrants alongside other UK Equities, open a Trading Plus Account.

Set up my account

The Trading Plus Account gives you access to Warrants, Covered Warrants and International Equities.

Please Note: Covered Warrants are not suitable for all investors. They can be volatile investments and can expire worthless. You should not deal in warrants unless you understand their nature and your exposure to risk.

The benefits of trading Covered Warrants:

  • Trade both long (call) and short (put) positions, giving you the potential to profit from both price rises and falls in the underlying security
  • Trade in a wider range of markets with access to a wide range of UK and International Equities, commodities and currencies
  • As a geared product investors gain the same level of exposure as buying ordinary shares but pay a fraction of the cost of the underlying stock
  • Covered Warrants are traded like shares

Click here to learn more about Covered Warrants

If you have any queries please call our Customer Services team on 0845 607 6002