PRIIP Spread bet on Indices

PURPOSE

This document provides key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.

PRODUCT

This product is offered by Acetop Financial Limited ("Acetop", "we", "us" or "our"), a company incorporated in England and Wales under company number 10067568.

Acetop Financial Limited is authorised and regulated by the Financial Conduct Authority ("FCA") under Firm Reference Number 767154.

For further information, please visit www.acetop.uk or call +44 (0)800 955 1710.

This Key Information Document was last reviewed on 02 June 2026.

You are about to purchase a product that is not simple and may be difficult to understand.

This document should be read alongside our Terms of Business, Risk Disclosure Notice and Order Execution Policy, which provide additional information about the operation and risks of our products.

WHAT IS THIS PRODUCT?

Type
A Spread Bet is a leveraged derivative product that enables investors to speculate on movements in the price of an underlying financial instrument without owning the underlying asset.

Objectives
The objective of an Index Spread Bet is to provide leveraged exposure to movements in stock market indices without ownership of the underlying constituent securities.

Leverage allows investors to gain exposure to a larger market position by depositing only a percentage of the full position value as margin.

Spread Bets are primarily intended for short-term trading and may not be suitable for long-term investment objectives.

Positions may be closed automatically where the funds available within your trading account are insufficient to meet applicable margin requirements.

Intended Retail Investor

This product is intended for retail investors who:

• have knowledge or experience of leveraged financial products;

• understand the risks associated with leverage, margin trading and market volatility;

• are able to bear the risk of losing the funds invested; and

• are seeking to speculate on short-term movements in financial markets.

Investors should only trade with money they can afford to lose.

Tax Treatment

The tax treatment of spread betting depends on your individual circumstances and may change in the future. Spread betting profits are currently exempt from Capital Gains Tax and Stamp Duty in the UK for most individual clients. If you are unsure of your tax position, you should seek independent professional advice.

WHAT ARE THE RISKS AND WHAT COULD I GET IN RETURN?

The value of your investment may rise or fall and you may lose some or all of the funds you invest. The principal risks associated with this product are outlined below.

Risk Indicator

Risk Rating: 7 out of 7 (Highest Risk)

This product has been classified as 7 out of 7, the highest risk category. This reflects the potential for significant losses arising from market movements and the use of leverage. As this is a leveraged product, relatively small movements in the underlying market can have a significant impact on your investment.

CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs and Spread Bets. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money.

Leverage allows investors to gain greater market exposure from a smaller initial margin deposit, but it also magnifies potential gains and losses. Small movements in the underlying market can result in significant gains or losses. In volatile market conditions prices may move rapidly, increasing the likelihood of substantial gains or losses over a short period.

Retail clients are protected by negative balance protection, meaning they cannot lose more than the total funds held within their trading account, even during periods of extreme market volatility.

Investors should only trade with money they can afford to lose.

Currency Risk

Where a position is denominated in a currency different from your account base currency, exchange rate fluctuations may affect returns.

Illustrative Performance Scenarios

The examples above are provided solely for illustrative purposes to demonstrate the effect of leverage. They do not represent actual or expected returns and should not be relied upon as an indication of future performance. Actual returns will depend on factors including the size of the position, leverage used, market volatility, spreads, financing charges and the length of time the position is held.

WHAT HAPPENS IF ACETOP IS UNABLE TO PAY OUT?

Client money is held separately from Acetop's own funds in accordance with the FCA Client Assets Sourcebook (CASS) rules.

If Acetop Financial Limited becomes insolvent and there is a shortfall in client money, eligible clients may be entitled to compensation under the Financial Services Compensation Scheme (FSCS), subject to the applicable eligibility criteria and compensation limits in force at the time of any claim. Client money protections apply only to money held by Acetop on behalf of clients and do not protect against trading losses.

Further information about the FSCS, including current compensation limits and eligibility, is available at www.fscs.org.uk

WHAT ARE THE COSTS?

The costs associated with spread betting will reduce any profits you make and increase any losses you incur.

ONE-OFF COSTS
Spread

The spread is the difference between the buy (ask) and sell (bid) price of an instrument and represents a cost of entering and exiting a position.

ONGOING COSTS
Overnight Financing

Positions that remain open overnight are normally subject to overnight financing adjustments.

These charges accrue daily and may significantly reduce returns or increase losses where positions are held for extended periods.

ADDITIONAL COSTS
Currency Conversion

A charge may apply where profits, losses or charges are converted into the account base currency.

Inactive Account Fee

Accounts with no activity for a continuous period of 12 months may be subject to an inactive account fee of £10 per month until activity resumes, the balance reaches zero, or the account is closed.

Advance notice will be provided where possible.

Illustrative Cost Examples

Illustration:
A client opening and closing a spread bet position on the same trading day will typically incur only the spread cost. Positions held overnight may also incur financing charges, which vary depending on the instrument, applicable financing rates and the duration of the position. Actual trading costs will vary depending on the product traded, position size and market conditions at the time of execution.

HOW LONG SHOULD I HOLD IT AND CAN I TAKE MONEY OUT EARLY?

There is no recommended holding period. Spread Bets are intended primarily for short-term trading and active risk management. Holding positions over longer periods may result in increased financing costs and greater exposure to market volatility.

You may close your position at any time during normal market hours, subject to market availability and liquidity.

There is no cancellation period and no cancellation fee.

HOW CAN I COMPLAIN?

If you wish to make a complaint, please contact:

Acetop Financial Limited

Client Services Department

Email: cs@acetop.uk

Telephone: +44 (0)800 955 1710

If you remain dissatisfied, you may refer your complaint to the Financial Ombudsman Service.

Further information is available at www.financial-ombudsman.org.uk.

OTHER RELEVANT INFORMATION

Further information regarding our products, risks, costs, execution arrangements, Terms of Business and Risk Disclosure Notice is available at www.acetop.uk.

This document is reviewed periodically as part of Acetop Financial Limited's Product Governance and Consumer Duty framework.