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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 69% 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.

Junior ISA definition

Junior ISAs are tax-free savings accounts for those under the age of 18 and living in the UK. As with ISAs for adults, there are two types: a cash Junior ISA and a stocks and shares Junior ISA. Money can be invested in both types, as long as the total amount invested in one year doesn’t go over an annual cap.

Parents can open a Junior ISA on behalf of their child, but the money belongs to the child. The child can then take control of the account when they are 16, although they can’t withdraw any money until they are 18.

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