Belgium 20 Spread Betting
Where Can I Spread Bet on the Belgium 20? |
You can currently spread bet on the Belgium 20 and other indices at:
» IG
» CMC Markets
» Spreadex
The Belgium 20 index may be available with other brokers.
Where Can I Trade the Belgium 20 for Free? |
It depends upon what you mean by 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 the Belgium 20 and other index markets commission free and with no brokers' fees with IG Index.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
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How to Spread Bet on the Belgium 20? |
As with a range of financial markets, you can place a spread bet on indices, such as the Belgium 20, to rise or fall.
Looking at IGIndex, you can see they are currently showing the Belgium 20 October Futures market at 2359.00 - 2368.50. This means you can put a spread bet on the Belgium 20 index:
 Settling above 2368.50, or
 Settling below 2359.00
On the settlement date for this 'October' market, 19-Oct-12.
When making a spread bet on the Belgium 20 index you trade in £x per point. So, if you decide to have a stake of £5 per point and the Belgium 20 moves 26 points then that would make a difference to your profits (or losses) of £130. £5 per point x 26 points = £130.
For short term trading on indices also see Indices Rolling Daily Spread Betting.
Belgium 20 Futures - Indices Spread Trading Example |
Now, if you think about the above spread of 2359.00 - 2368.50 and assume that:
- You have completed your market research, and
- You think that the Belgium 20 index will finish higher than 2368.50 by 19-Oct-12
Then you could buy a spread bet at 2368.50 and risk, let’s say, £3 per point.
Therefore, you win £3 for every point that the Belgium 20 index increases above 2368.50. Having said that, you will make a loss of £3 for every point that the Belgium 20 market goes below 2368.50.
Looked at another way, should you ‘Buy’ a spread bet then your profits (or losses) are worked out by taking the difference between the closing price of the market and the price you bought the spread at. You then multiply that difference in price by the stake.
Subsequently, if, on the closing date, the Belgium 20 market settled higher at 2404.00, then:
Profit / loss = (Closing Value - Opening Value) x stake
Profit / loss = (2404.00 - 2368.50) x £3 per point stake
Profit / loss = 35.50 x £3 per point stake
Profit / loss = £106.50 profit
Speculating on stock market indices, whether by spread betting or not, is not straightforward. With the above, you wanted the Belgian stock market index to increase. Nevertheless, it could decrease.
If the Belgian stock market had fallen and the Belgium 20 closed lower at 2337.70, then you would end up losing this spread bet.
Profit / loss = (Closing Value - Opening Value) x stake
Profit / loss = (2337.70 - 2368.50) x £3 per point stake
Profit / loss = -30.80 x £3 per point stake
Profit / loss = -£92.40 loss
Note - Belgium 20 October Futures market correct as of 10-Oct-11.
Where Can I Find Free Live Belgium 20 Prices? |
If you want to access quick live market information then you could do worse than opening an account with a spread betting company like IG Index.
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.
Belgium 20 Charts Example |
As mentioned above, you can get free charts with spread betting companies like IG.
As with most candlestick charts, you can alter the charts to see market data by the minute, by the hour, by the week etc. There are also a number of other settings designed to help you analyse the markets.
Example Stock Market Charts:
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
'Belgium 20 Spread Betting' edited by Jenna Cutly, updated 13-Apr-17
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Belgium 20 Spread Betting
In our Belgium 20 spread betting guide we review where to get live charts, where to spread bet on the Belgium 20 stock market index tax-free* and with 0% commission, how to trade and... » read from top.
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