Dexion Absolute Spread Betting
Where Can I Spread Bet on Dexion Absolute? |
You can currently speculate with no brokers' fees or commissions on Dexion with an account from these spread betting companies:
Advert:
Dexion Absolute Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Dexion Absolute with
Financial Spreads.
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Where Can I Spread Bet on Dexion Absolute for Free? |
Trading isn't risk free, however, if you'd like to try a (free) Test Account, that allows you to check candlestick charts and trial spread betting, then see below for more details.
When looking at which investment option is right for you, don't forget that spread trading in the UK is exempt from income tax, capital gains tax and stamp duty*.
If you are trying to find a low cost trading platform then you should note that investors can financial spread bet on Dexion with no commissions and no brokers' fees through companies like:
If you are interested in a Test Account that lets users try out spread betting, and speculating on markets like the Dow Jones, USD/JPY, GBP/USD and Dexion, then look into:
Each of these spread betting firms provide a free Demo Account which lets users practice with an array of trading orders, study charts and try out new ideas.
How to Spread Bet on Dexion Absolute? |
If you are going to speculate on firms such as Dexion Absolute then one option could be spread trading on the Dexion share price.
Looking at a spread trading site like FinancialSpreads.com, you can see that they are pricing the Dexion Rolling Daily market at 137.5p - 138.3p. Therefore, an investor can spread trade on the Dexion shares:
 Going higher than 138.3p, or
 Going lower than 137.5p
When making a spread bet on FTSE 350 equities you trade in £x per penny. So, should you choose to invest £2 per penny and the Dexion shares move 32p then that would make a difference to your bottom line of £64. £2 per penny x 32p = £64.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market which means that there is no settlement date for this market. If you leave your trade open at the end of the day, it will simply roll over to the next trading day.
If you allow your position to roll over and are spread betting on the market to:
Move up - then you will pay a small overnight financing fee, or
Move down - then you'll normally receive a small credit to your account
For more information see Rolling Daily Spread Betting.
Dexion Rolling Daily - Equities Spread Trading Example |
So, if we consider the spread of 137.5p - 138.3p and make the assumptions:
- You've done your analysis, and
- Your analysis leads you to think the Dexion shares are likely to move above 138.3p
Then you could decide to go long of the market at 138.3p and risk, let’s say, £20 per penny.
With such a spread bet you make a profit of £20 for every penny that the Dexion shares go higher than 138.3p. On the other hand, such a bet also means you will make a loss of £20 for every penny that the Dexion market goes below 138.3p.
Looking at this from another angle, should you buy a spread bet then your P&L is calculated by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that price difference by your stake.
With this in mind, if after a few days the shares rose then you might consider closing your trade so that you can lock in your profit.
Taking this a step further, if the market rose then the spread might move to 143.8p - 144.6p. To close your trade you would sell at 143.8p. As a result, with the same £20 stake your profit would be calculated as:
Your P&L = (Closing Level - Opening Level) x stake
Your P&L = (143.8p - 138.3p) x £20 per penny stake
Your P&L = 5.5p x £20 per penny stake
Your P&L = £110.00 profit
Trading equities, whether by spread trading or otherwise, is not always easy. In the above example, you wanted the share price to increase. Of course, it might go down.
If the Dexion share price had fallen then you might decide to close/settle your position in order to limit your losses.
So if the spread fell to 133.5p - 134.3p you would settle your trade by selling at 133.5p. As a result, your loss would be:
Your P&L = (Closing Level - Opening Level) x stake
Your P&L = (133.5p - 138.3p) x £20 per penny stake
Your P&L = -4.8p x £20 per penny stake
Your P&L = -£96.00 loss
Note - Dexion Absolute Rolling Daily spread betting price correct as of 31-Oct-12.
Where Can I Find Live Spread Betting Prices and Charts for Dexion Absolute? |
Should you want access to charts and the current prices for Dexion, you might require a spread betting account. Please note that opening such an account is subject to suitability and status checks.
Should your account application be accepted then you will be able to log in and make use of the real time trading charts/prices. These are normally provided as part of the service. Having said that, you are likely to get an occasional sales letter and/or call from your spread trading company.
If you do trade, remember that financial spread trading carries a high level of risk and it is possible to incur losses that exceed your initial deposit.
Though charts normally vary from firm to firm, in order to help your trading decisions, they generally have handy features such as:
- A wide range of intervals such as 1 minute, 2 hours, 1 week etc
- Various chart views such as candle and OHLC charts
- Drawing options and tools such as trendlines, Fibonacci fans, time zones and arcs
Charts with Tradefair also come with other benefits, including:
- Back Testing, Custom Indicators and Optimisation functions
- Helpful chart overlays such as Bollinger Bands, EMA, Envelopes etc
- Technical indicator charts such as True Strength Index, Average Directional Index, % Price Oscillator etc
- Automated email alerts for when your chosen market hits a specific price
Example shares chart from FinancialSpreads.com
The online spread betting brokers in the following list give their users real time trading charts/prices:
Advert:
Dexion Absolute Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Dexion Absolute 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.
'Dexion Absolute Spread Betting' by DB, updated 22-May-13
For related pages also see:
Spread Betting on FTSE 250 Companies, updated 26-Apr-13
Spread Betting on FTSE 250 shares: Individual guides to FTSE 250 companies with broker ratings. Plus where to get live charts and prices for FTSE 250 companies, worked spread betting examples and...read article: Spread Betting on FTSE 250 Companies.
Kazakhmys Spread Betting, updated 25-Apr-13
Kazakhmys spread betting guide with live Kazakhmys share prices and charts. Plus, broker recommendations on Kazakhmys, where to spread bet on Kazakhmys shares tax-free* and commission-free, how to spread bet on the Kazakhmys share price and...read article: Kazakhmys Spread Betting.
Pennon Group Spread Betting, updated 21-May-13
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Debenhams Spread Betting, updated 22-Apr-13
Debenhams spread betting guide: live Debenhams charts and prices. Plus, broker ratings on Debenhams shares, where to spread bet on Debenhams shares commission-free and tax-free*, how to spread bet on Debenhams and...read article: Debenhams Spread Betting.
Dixons Spread Betting, updated 16-May-13
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Home Retail Group Spread Betting, updated 02-May-13
Home Retail Group spread betting guide: live Home Retail charts and prices. Plus, broker ratings on Home Retail shares, where to spread bet on Home Retail shares commission-free and tax-free*, how to spread bet on Home Retail and...read article: Home Retail Group Spread Betting.
Halfords Spread Betting, updated 08-May-13
Halfords spread betting guide: live Halfords charts and prices. Plus, broker ratings on Halfords shares, where to spread bet on Halfords shares commission-free and tax-free*, how to spread bet on Halfords and...read article: Halfords Spread Betting.
ICAP Spread Betting, updated 14-May-13
ICAP spread betting guide: live ICAP charts and prices. Plus, broker ratings on ICAP shares, where to spread bet on ICAP shares commission-free and tax-free*, how to spread bet on ICAP and...read article: ICAP Spread Betting.
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