Fresnillo Spread Betting
Where Can I Spread Bet on Fresnillo? |
You can speculate without commissions or brokers' fees on Fresnillo through an account with a number of spread betting companies:
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| Broker Ratings - Sponsored by IG |
The following table takes the last 4 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Fresnillo:
| 07-May-13 |  | Buy | Based on last 4 Ratings | 1187 | 1300 | 9.52% |
A look at the latest Fresnillo broker ratings:
| 07-May-13 | | Buy | Numis Securities | 1187 | 1700 | 43.22% | | 26-Apr-13 |  | Sell | Societe Generale | 1153 | 1150 | -0.30% | | 11-Apr-13 | | Sell | Societe Generale | 1305 | 1150 | -11.90% | | 13-Mar-13 | | Sell | Societe Generale | 1480 | 1200 | -18.90% | | 14-Jan-13 | | Overweight | Barclays | 1737 | 2150 | 23.80% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
Fresnillo Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Fresnillo with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Fresnillo? |
The CFD chart below will offer you a helpful view of the Fresnillo share price.
The above chart from Plus500 typically follows the underlying Fresnillo futures contract.
If you'd like to analyse up-to-the-minute financial spread betting charts and prices for Fresnillo, you will normally need a financial spread betting account.
You can also use a spreads account to speculate on shorter-term spot prices. Please note that such accounts are subject to credit and status checks.
If your new account is accepted then you will be able to log on and look at the real-time trading charts/prices. These are usually free. So what's the catch? You will probably get the occasional letter and/or sales call from your chosen spread trading provider.
If you were to trade then you should be aware that financial spread trading and CFD trading do involve a significant level of risk to your capital and can result in losses that are greater than your initial deposit.
Professional Level Charting Packages for Fresnillo Shares |
Whilst charting software/packages tend to differ across the various firms, to help you with your trading, the majority of charts come with user friendly features and tools such as:
- A large range of time periods - 2 minutes, 15 minutes, 4 hours and so on
- A variety of display options - candle charts and line charts
- Drawing options - trendlines, Fibonacci time zones, fans and arcs
The charts provided by Financial Spreads also offer other benefits, including:
- Customisable Indicators, Back Testing and Optimisation tools
- Overlays - Parabolic SAR, Ichimoku Clouds, Linear Regression and so on
- Secondary indicator charts - True Strength Index, Range Indicator, Klinger Oscillator and so on
- Automatic email notifications that trigger when the markets reach a certain level
Example FinancialSpreads.com trading chart
The spread trading companies in the following list offer users real-time trading prices/charts:
Where Can I Spread Bet on Fresnillo for Free? |
Speculating on the financial markets is not without its risks. Nevertheless, if you want to try a completely free Practice Account, which lets you try out spread trading, then see below.
Also, remember that spread trading, in the UK, is free of income tax, capital gains tax and stamp duty*.
Assuming you want a free spread betting site then note that investors are able to speculate on Fresnillo with no brokers' fees and no commissions with firms such as:
If you're interested in a free Practice Account / Test Account where you are able to trial financial spread betting, including markets like the Dow Jones, gold, EUR/USD and Fresnillo, then look at:
All of the above spread betting companies offer a risk free Practice Account which lets users review charts, try out new theories and practice with orders, e.g. stop losses and trailing stop losses.
How to Spread Bet on Fresnillo? |
Should you decide to speculate on UK companies such as Fresnillo then one solution could be to spread bet on the Fresnillo share price.
Looking at a spread betting platform like Capitalspreads, you can see that they are currently showing the Fresnillo Rolling Daily market at 1904.0p - 1909.0p. Therefore, an investor could spread bet on the Fresnillo share price:
 Increasing higher than 1909.0p, or
 Decreasing lower than 1904.0p
When spread trading on FTSE 350 shares you trade in £x per penny. As a result, should you decide to risk £3 per penny and the Fresnillo shares move 34p then that would change your profits (or losses) by £102. £3 per penny x 34p = £102.
Rolling Daily Equities Markets
It's important to note that this is a Rolling Daily Market and so it does not have a set settlement date. You do not have to close your position, should it still be open at the end of the trading day, it will simply roll over to the next session.
If your bet is rolled over and you are speculating that the market will:
Increase - then you usually pay a small overnight financing fee, or
Decrease - then you will often receive a small payment to your account
For a more detailed breakdown of Rolling Daily Markets please read our article Rolling Daily Spread Betting.
Fresnillo Rolling Daily - Shares Trading Example |
Now, if we consider the spread of 1904.0p - 1909.0p and make the assumptions that:
- You've done your research, and
- Your analysis leads you to think the Fresnillo share price will go higher than 1909.0p
Then you might choose to buy a spread bet at 1909.0p and invest, for the sake of argument, £3 per penny.
So, you make a profit of £3 for every penny that the Fresnillo shares increase and go above 1909.0p. Of course, it also means that you will lose £3 for every penny that the Fresnillo market moves lower than 1909.0p.
Considering this from another angle, should you ‘Buy’ a spread bet then your profits (or losses) are found by taking the difference between the closing price of the market and the price you bought the market at. You then multiply that price difference by your stake.
If after a few hours the shares rose then you might want to close your position so that you can secure your profit.
As an example, if the market increased then the spread might move to 1947.2p - 1952.2p. You would close your position by selling at 1947.2p. Therefore, with the same £3 stake your profit would be:
Profit / loss = (Final Price - Opening Price) x stake
Profit / loss = (1947.2p - 1909.0p) x £3 per penny stake
Profit / loss = 38.2p x £3 per penny stake
Profit / loss = £114.60 profit
Speculating on equities can work against you. With this example, you wanted the share price to rise. Nevertheless, the share price can also fall.
If the Fresnillo share price had fallen then you could choose to close your trade to limit your losses.
Should the spread drop to 1866.0p - 1871.0p then you would close your trade by selling at 1866.0p. If so, that would mean you would lose:
Profit / loss = (Final Price - Opening Price) x stake
Profit / loss = (1866.0p - 1909.0p) x £3 per penny stake
Profit / loss = -43.0p x £3 per penny stake
Profit / loss = -£129.00 loss
Note - Fresnillo Rolling Daily spread betting price correct as of 19-Oct-12.
Advert:
Fresnillo Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Fresnillo 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.
'Fresnillo Spread Betting' by DB, updated 07-May-13
For related pages also see:
Spread Betting on Shares - FTSE 100 Companies, updated 23-May-13
Spread Betting on FTSE 100 Companies: Individual trading guides to FTSE 100 shares with broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, individual explanations, where to spread bet and...read article: Spread Betting on Shares - FTSE 100 Companies.
Barclays Spread Betting, updated 16-May-13
Barclays spread betting guide with live Barclays share prices and charts. Plus, broker recommendations on Barclays, where to spread bet on Barclays shares tax-free* and commission-free, how to spread bet on the Barclays share price and...read article: Barclays Spread Betting.
Spread Betting on BP, updated 20-May-13
BP spread betting guide with live BP share prices and charts. Plus, broker recommendations on BP, where to spread bet on BP shares tax-free* and commission-free, how to spread bet on the BP share price and...read article: Spread Betting on BP.
HSBC Spread Betting, updated 22-May-13
HSBC spread betting guide with live HSBC share prices and charts. Plus, broker recommendations on HSBC, where to spread bet on HSBC shares tax-free* and commission-free, how to spread bet on the HSBC share price and...read article: HSBC Spread Betting.
Lloyds Spread Betting, updated 23-May-13
Lloyds spread betting guide with live Lloyds share prices and charts. Plus, broker recommendations on Lloyds, where to spread bet on Lloyds shares tax-free* and commission-free, how to spread bet on the Lloyds share price and...read article: Lloyds Spread Betting.
RBS Spread Betting, updated 23-May-13
RBS spread betting guide with live RBS share prices and charts. Plus, broker recommendations on RBS, where to spread bet on RBS shares tax-free* and commission-free, how to spread bet on the RBS share price and...read article: RBS Spread Betting.
Rio Tinto Spread Betting, updated 23-May-13
Rio Tinto spread betting guide with live Rio Tinto share prices and charts. Plus, broker recommendations on Rio Tinto, where to spread bet on Rio Tinto shares tax-free* and commission-free, how to spread bet on the Rio Tinto share price and...read article: Rio Tinto Spread Betting.
Vodafone Spread Betting, updated 23-May-13
Vodafone spread betting guide with live Vodafone share prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on Vodafone shares tax-free* and commission-free, how to spread bet on the Vodafone share price and...read article: Vodafone Spread Betting.
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