AXA Spread Betting
Where Can I Spread Bet on AXA? |
Currently, investors can financial spread bet on AXA with any of the following spread betting firms:
Advert:
AXA Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on AXA with
Financial Spreads.
|
Where Can I Spread Bet on AXA for Free? |
Speculating is never risk free, but if you'd like to try an entirely free Practice Account, where you can trial financial spread betting, then see below for further details.
When looking at which investment option is right for you, also remember that, in the UK, spread betting is currently exempt from capital gains tax, income tax and stamp duty*.
If you're looking for a free spread trading site, keep in mind that you can speculate on AXA without paying any commissions or brokers' fees through companies like:
Should you want to have a look at a Practice Account in order to get a better feel for spread betting, including trading markets such as the Dow Jones, gold, EUR/GBP and AXA, then have a closer look at:
Each of these spread betting companies provide a risk free Practice Account which investors can use to apply an array of trading orders, access professional level charts and test trading theories.
Where Can I Find Live Spread Betting Prices and Charts for AXA? |
The real time CFDs chart and prices below provides users with a handy overview of the AXA market.
The above Plus500 chart typically uses the near-term AXA futures contract.
If you would like access to real time financial spread betting prices/charts for AXA, you will probably require a spread betting account.
In addition, a spreads account would let you trade on shorter-term spot markets. Note that all such accounts are normally dependent on suitability, status and credit checks.
Should your application be accepted then, once logged in, you will be able to access the real time trading charts and prices. On most platforms, these will be free. So what's the catch? You might receive the odd sales call and/or letter from the spread betting broker.
If you do decide to trade then, before you start, remember that financial spread trading and CFD trading do involve a significant level of risk and losses could exceed your initial investment.
Advanced Charts for AXA Shares |
Although the charting packages differ across the various platforms, the charts usually come with useful features and tools, including:
- A variety of time intervals e.g. 5 minutes, 1 hour, 1 day etc.
- Different displays e.g. candlestick, OHLC and line charts
- Tools for drawing features e.g. Fibonacci Arcs, Time Zones and Fans
The charts with InterTrader also offer more advanced aspects such as:
- Custom Indicators and BackTesting tools
- Key chart overlays e.g. Moving Average, Bollinger Bands, Wilder's Smoothing etc.
- A wide selection of indicators e.g. Chaikin Money Flow, MACD, Accumulation Distribution etc.
- Custom email alerts that trigger when a market hits a specific price
Example share trading chart
The financial spread betting companies listed below let their clients have access to real time charts/prices:
How to Spread Bet on AXA? |
Should you want to invest in European listed companies such as AXA then one possibility could be spread betting on the AXA share price.
Looking at a spread trading site like Inter Trader, you can see they have priced the AXA Rolling Daily market at €13.36 - €13.40. As a result, you could spread bet on the AXA share price:
 Increasing above €13.40, or
 Decreasing below €13.36
When financial spread betting on French equities you trade in £x per cent. As a result, if you invested £4 per cent and the AXA share price changes by €0.37 then there would be a difference to your profits (or losses) of £148. £4 per cent x €0.37 = £148.
You can also trade this market in Euros or Dollars, e.g. $x per cent.
Rolling Daily Shares Markets
One important thing to note is that this is a Rolling Daily Market and so there is no preset closing date for this market. You do not have to close your position, should it still be open at the end of the trading day, it will just roll over into the next trading session.
If you do let your bet roll over into the next day and are spread betting on the market to:
Move up - then you'll often be charged a small financing fee, or
Move down - then you will often receive a small payment to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
AXA Rolling Daily - French Equities Trading Example |
Now, if we continue with the spread of €13.36 - €13.40 and make the assumptions that:
- You've analysed the company, and
- You think that the AXA share price will increase and go above €13.40
Then you might decide to buy a spread bet at €13.40 for a stake of £10 per cent.
With such a bet you make a profit of £10 for every cent that the AXA shares move higher than €13.40. On the other hand, such a bet also means you will lose £10 for every cent that the AXA market decreases lower than €13.40.
Thinking of this in a slightly different way, if you were to buy a spread bet then your profit/loss is found by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that price difference by your stake.
If after a few days the share price moved higher then you could consider closing your trade in order to guarantee your profit.
So if the market moved up then the spread might change to €13.53 - €13.57. In order to close your trade you would sell at €13.53. Accordingly, with the same £10 stake your profit would be:
Profits (or losses) = (Final Level - Opening Level) x stake
Profits (or losses) = (€13.53 - €13.40) x £10 per cent stake
Profits (or losses) = €0.13 x £10 per cent stake
Profits (or losses) = 13c x £10 per cent stake
Profits (or losses) = £130 profit
Speculating on equities, whether by spread betting or not, is not always easy. In this example, you wanted the share price to rise. Naturally, the share price might go down.
If the AXA shares weakened, against your expectations, then you might choose to close your position to stop any further losses.
If the market dropped to €13.26 - €13.30 then you would settle your spread bet by selling at €13.26. This would result in a loss of:
Profits (or losses) = (Final Level - Opening Level) x stake
Profits (or losses) = (€13.26 - €13.40) x £10 per cent stake
Profits (or losses) = -€0.14 x £10 per cent stake
Profits (or losses) = -14c x £10 per cent stake
Profits (or losses) = -£140 loss
Note - AXA Rolling Daily spread betting market taken as of 23-Jan-13.
Advert:
AXA Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on AXA 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.
'AXA Spread Betting' by DB, updated 04-Jun-13
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