ASX 200 Spread Betting
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Welcome to Clean Financial's guide to ASX 200 spread betting.
Quick and simple answers to common ASX 200 questions:
Q) Where can I Spread Bet on ASX 200?
Q) Where can I Trade for Free on ASX 200?
Q) How to Spread Bet on ASX 200?
Q) Where can I find Free Live Prices on ASX 200?
Q) Where can I find Free ASX 200 Charts?
Advert:
ASX 200 Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on ASX 200 with
Financial Spreads.
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Where can I Spread Bet on the ASX 200?
You can currently spread bet on the ASX 200 and other related markets at:
Where can I Trade for Free on the ASX 200?
It depends upon what you mean by free. If you're looking for a free Demo Account where you can practice spread trading see below.
Tax Free. If you are looking for a free spread betting platform then don't forget that in the UK spread betting is tax free*
You can also spread bet on ASX 200 commission free and with no brokers fees at:
Free Demo Account
If you're looking for a free Practice Account / Test Account where you can trial spread betting, including markets like ASX 200, then you can you can always try:
Each of the above currently offers a free demo account.
How to Spread Bet on Indices - ASX 200 Rolling Daily
As with many of the world's markets, you are able to bet on stock market indices, like the ASX 200, to either rise or fall.
Looking at the FinancialSpreads.com spread trading website, they are currently pricing the ASX 200 Rolling Daily market at 4571 - 4574. As a result, an investor can spread bet on the ASX 200 index:
- Moving above 4574, or
- Moving below 4571
When making a spread bet on the ASX 200 index you trade in £x per point. As a result, if you invest £6 per point and the ASX 200 moves 5 points then that would be a difference to your profits of £30. £6 per point x 5 points = £30.
Rolling Daily Indices Markets
You should note that this is a Rolling Daily Market which means that there is no preset closing date for this market. If your trade is still open at the end of the trading day, it simply rolls over to the next trading day.
Should your spread bet roll over, if you are speculating that the market will:
- Go higher - then you will often be charged a small financing fee, or
- Go lower - then you will usually receive a small credit to your account
For a more detailed example see Rolling Daily Spread Betting.
ASX 200 Rolling Daily Index Trading Example
So, if you think about the above spread of 4571 - 4574 and make the assumptions that:
- you have done your analysis, and
- you feel that the ASX 200 index will push higher than 4574
then you may choose to go long of the market at 4574 and risk £3 per point.
So, you win £3 for every point that the ASX 200 index moves above 4574. Of course, such a bet also means that you will lose £3 for every point that the ASX 200 market goes lower than 4574.
Looked at another way, if you were to buy a spread bet then your profits (or losses) are 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 your stake.
If after a few sessions the index moved higher then you could consider closing your trade and therefore lock in your profits.
Taking this a step further, if the market did go up then the spread might change to 4615 - 4618. You would settle your position by selling at 4615. Therefore, with the same £3 stake your profit would come to:
Profits (or losses) = (Settlement Level - Initial Level) x stake
Profits (or losses) = (4615 - 4574) x £3 per point stake
Profits (or losses) = 41 x £3 per point stake
Profits (or losses) = £123 profit
Speculating on indices, whether by spread betting or not, can go against you. In this case, you had bet that the index would increase. Naturally, it can also go down.
If the ASX 200 market had started to fall then you could choose to close your trade in order to limit your losses.
Should the spread fall back to 4537 - 4540 then you would settle your position by selling at 4537. So your loss would be calculated as:
Profits (or losses) = (Settlement Level - Initial Level) x stake
Profits (or losses) = (4537 - 4574) x £3 per point stake
Profits (or losses) = -37 x £3 per point stake
Profits (or losses) = -£111 loss
Note: ASX 200 Rolling Daily spread taken as of 29-Nov-10.
Where can I Find Free Live Prices on the ASX 200?
If you want to access quick live market information then you could do worse than opening an account with a firm like Financial Spreads.
Also, you don't have to trade with them, if you just open an account (which is free to do) then their data is free. The catch? You'll get the odd email or letter from them. In the example below you can also see that their free charts are also useful.
There are also live prices available at:
Where can I Find Free ASX 200 Charts?
As mentioned above, you can get free charts with spread betting companies like Financial Spreads.
You can alter the charts to see market data by the minute, by the hour, by the week etc, plus many other settings to help you analyse the charts.
As you can see the charts show how the market's are not perfect and how you can expect the prices to "gap".
FinancialSpreads.com also have another pretty handy tool in their free Demo account (mentioned above). You can open a Demo account and place demo trades whilst you practice with no risk or cost attached.
Advert:
ASX 200 Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on ASX 200 with
Financial Spreads.
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Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It 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.
'ASX 200 Spread Betting' by DB, updated 03-May-12
For related pages also see:
FTSE Spread Betting, updated 10-May-12
FTSE trading information, where to find free FTSE charts and prices, how to spread bet on Indices, including the FTSE...read article: FTSE Spread Betting.
Euro Stoxx Spread Betting, updated 09-May-12
Euro Stoxx trading information, where to find free Euro Stoxx charts and prices, how to spread bet on Indices, including the Euro Stoxx...read article: Euro Stoxx Spread Betting.
Dax 30 Spread Betting, updated 09-May-12
Dax 30 trading information, where to find free Dax 30 charts and prices, how to spread bet on Indices, including the Dax 30...read article: Dax 30 Spread Betting.
CAC 40 Spread Betting, updated 09-May-12
CAC 40 trading information, where to find free CAC 40 charts and prices, how to spread bet on Indices, including the CAC 40...read article: CAC 40 Spread Betting.
UK 250 Spread Betting, updated 03-May-12
UK 250 spread betting. Where to find UK 250 real-time prices and charts, how to spread bet on the UK 250 index and the most popular questions on UK 250...read article: UK 250 Spread Betting.
SPX Spread Betting, updated 03-May-12
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ASX 200 Spread Betting, updated 03-May-12
ASX 200 spread betting. Where to find ASX 200 real-time prices and charts, how to spread bet on the ASX 200 index and the most popular questions on ASX 200...read article: ASX 200 Spread Betting.
Japan 225 Spread Betting, updated 03-May-12
Japan 225 spread betting. Where to find Japan 225 real-time prices and charts, how to spread bet on the Japan 225 index and the most popular spread betting questions on Japan 225...read article: Japan 225 Spread Betting.
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India 50 Spread Betting, updated 13-Apr-12
India 50 spread betting. Where to find India 50 real-time prices and charts, how to spread bet on the India 50 index and the most popular spread betting questions on India 50...read article: India 50 Spread Betting.
Swiss 30 Spread Betting, updated 13-Apr-12
Swiss 30 spread betting. Where to find Swiss 30 real-time prices and charts, how to spread bet on the Swiss 30 index and the most popular spread betting questions on Swiss 30...read article: Swiss 30 Spread Betting.
Selling the FTSE 100, updated 12-Dec-08
Q) Where can I Trade for Free on FTSE 100? Q) How to Spread Bet on FTSE 100? Q) Where can I find Free Live Prices on FTSE 100?...The Answers...read article: Selling the FTSE 100.
Financial Spread Bet on Wall Street, updated 11-Dec-08
Q) Where can I Trade for Free on Wall Street? Q) How to Spread Bet on Wall Street? Q) Where can I find Free Live Prices on Wall Street? The Answers...read article: Financial Spread Bet on Wall Street.
Spread Bet on Stock Market Indices, updated 01-Dec-08
To spread bet on stock market indices you do so in the same way as other spreads bets. A number of spread betting firms offer both a daily and futures Index market...read article: Spread Bet on Stock Market Indices.
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