Amazon Spread Betting
Where Can I Spread Bet on Amazon? |
You are currently able to spread bet on Amazon by opening an account with any of these spread betting firms:
Advert:
Amazon Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Amazon with
Financial Spreads.
|
Where Can I Spread Bet on Amazon for Free? |
Investing involves an element of risk, but if you want to try a completely free Practice Account, where you can try spread betting and look at charts, then see below for further details.
When looking at which trading option might work for you, don't forget that spread trading, in the UK, is tax free*, i.e. there is no income tax, capital gains tax or stamp duty.
Assuming you want a free spread trading platform then you should keep in mind that you are able to financial spread bet on Amazon without paying any brokers' fees with companies like:
Should you want to have a look at a completely free Demo Account / Test Account where users can trial financial spread betting, including trading markets such as gold, the Dow Jones and Amazon, then you can always take a look at:
Each of the spread betting companies listed above offer a free Practice Account which lets users test new theories, apply a variety of orders and check charts.
Where Can I Find Live Spread Betting Prices and Charts for Amazon? |
The live CFD chart below will offer you a handy view of the Amazon market.
The chart above is from Plus500 and is usually based on the underlying Amazon futures price (not the spot market).
If you would like to look at real-time spread betting prices and charts for Amazon, you might need a financial spread betting account.
Also, a spreads account gives you access to shorter term spot markets. Users should note that opening any such account is subject to credit, suitability and status checks.
If your application is approved then, once logged in, you will be able to look at the prices/charts. On most platforms, these are provided for free. The catch? You might get the occasional letter and/or call from your chosen spread trading provider.
Of course, if you do decide to trade then, before you start, you should note that contracts for difference and spread betting do involve a significant level of risk to your capital and can result in you losing more than your initial deposit.
Technical Charting Packages for Amazon Shares |
Although charting software and packages normally vary from platform to platform, to aid your trading, the charts often have useful features and tools such as:
- A broad range of time intervals such as 1 minute, 2 hours, 1 day and so on
- Various display options such as OHLC, line and candlestick charts
- Tools for drawing features such as Fibonacci arcs, fans and time zones
Charts with FinancialSpreads.com also have:
- Back Testing and Tailored Indicators
- Popular overlays such as Moving Average, Bollinger Bands, Linear Regression and so on
- A wide selection of indicators such as Chaikin's Volatility, MACD, Projection Bands and so on
- Automatic email alerts that trigger when the markets reach a pre-set price
Example equities chart from Financial Spreads
The companies listed below let their users have access to live prices/charts:
How to Spread Bet on Amazon? |
Should an investor decide to invest in firms such as Amazon then one solution is a spread bet on the Amazon share price.
Looking at a spread betting website like capital spreads, you can see that they have priced the Amazon Rolling Daily market at $262.57 - $263.22. As a result, an investor could put a spread bet on the Amazon share price:
 Going above $263.22, or
 Going below $262.57
When spread betting on US equities you trade in £x per cent. As a result, if you choose to have a stake of £5 per cent and the Amazon share price changes by $0.33 then there would be a difference to your bottom line of £165. £5 per cent x $0.33 = £165.
Note that you are also able to spread bet on this market in Dollars or Euros, e.g. $x per cent.
Rolling Daily Equities Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore in contrast with futures markets, there is no settlement date. You do not have to close your trade, should it still be open at the end of the trading day, it will simply roll over to the next session.
If your spread bet is rolled over and you are speculating that the market will:
Increase - then you'll be charged a small overnight financing fee, or
Decrease - then you will often receive a small payment to your account
For more information on Rolling Daily Markets, and a fully worked example, please see Rolling Daily Spread Betting.
Amazon Rolling Daily - US Equities Spread Betting Example |
If you take the spread of $262.57 - $263.22 and assume:
- You've done your market research, and
- Your analysis suggests that the Amazon share price will go above $263.22
Then you might decide that you want to buy at $263.22 for a stake of £0.5 per cent.
With such a bet you win £0.5 for every cent that the Amazon shares rise higher than $263.22. However, it also means that you will lose £0.5 for every cent that the Amazon market falls lower than $263.22.
Looked at another way, if you buy a spread bet then your profit/loss is calculated by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by the stake.
Therefore, if after a few sessions the share price moved higher then you might want to close your spread bet in order to secure your profit.
As an example, should the market rise, the spread, set by the spread betting company, could change to $265.59 - $266.24. You would settle your position by selling at $265.59. Accordingly, with the same £0.5 stake your profit would be:
Profit = (Closing Price - Opening Price) x stake
Profit = ($265.59 - $263.22) x £0.5 per cent stake
Profit = $2.37 x £0.5 per cent stake
Profit = 237¢ x £0.5 per cent stake
Profit = £118.50 profit
Spread betting doesn't always go to plan. In the above example, you had bet that the share price would rise. Nevertheless, the share price might fall.
If the Amazon stock fell then you could choose to close your trade to limit your losses.
If the market dropped to $260.52 - $261.17 then you would settle your position by selling at $260.52. As a result, your loss would be:
Loss = (Closing Price - Opening Price) x stake
Loss = ($260.52 - $263.22) x £0.5 per cent stake
Loss = -$2.70 x £0.5 per cent stake
Loss = -270¢ x £0.5 per cent stake
Loss = -£135.00 loss
Note: Amazon Rolling Daily spread quoted as of 06-Feb-13.
Advert:
Amazon Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Amazon with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Amazon Spread Betting' by DB, updated 20-Feb-13
For related pages also see:
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Apple Spread Betting, updated 18-Feb-13
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Adobe Spread Betting, updated 20-Feb-13
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Oracle Spread Betting, updated 20-Feb-13
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