Glencore Xstrata Spread Betting
Where Can I Spread Bet on Glencore Xstrata? |
Investors are able to take a view on Glencore, and a host of other spread betting markets, with providers like:
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| Broker Ratings - Sponsored by IG |
Glencore Xstrata Broker Ratings |
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Glencore Xstrata:
| 23-May-13 |  | Buy | Based on last 5 Ratings | 337.8 | 435 | 28.77% |
A look at the latest Glencore Xstrata broker ratings:
| 23-May-13 | | Buy | Jefferies | 337.8 | 425 | 25.81% | | 17-May-13 | | Outperform | Sanford C. Bernstein | 339.15 | 475 | 40.10% | | 16-May-13 | | Overweight | JPMorgan | 332.25 | 450 | 35.40% | | 13-May-13 | | Outperform | RBC Capital Markets | 341.4 | 425 | 24.50% | | 24-Apr-13 | | Buy | Jefferies | 323.65 | 400 | 23.60% | | 23-Apr-13 | | Outperform | Sanford C. Bernstein | 309.2 | 475 | 53.60% | | 16-Apr-13 |  | Neutral | Exane BNP Paribas | 333.65 | 450 | 34.90% | | 22-Mar-13 | | Outperform | Macquarie | 361.1 | 430 | 19.10% | | 13-Mar-13 | | Outperform | Sanford C. Bernstein | 387.75 | 475 | 22.50% | | 07-Mar-13 | | Outperform | RBC Capital Markets | 387.35 | 425 | 9.70% |
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:
Glencore Xstrata Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Glencore Xstrata with
Financial Spreads.
|
Where Can I Find Live Spread Betting Prices and Charts for Glencore Xstrata? |
The following CFD chart provides users with a valuable guide to the Glencore share price.
The Plus500 chart above is usually based on the Glencore futures price.
If you'd like to review real time spread betting prices and charts for Glencore, you will probably need a spread trading account.
Also, a spreads account will let you have access to shorter-term daily markets. Please note that all such accounts are normally dependent on status, credit and suitability checks.
Should your new account be accepted then you can log in and study the live charts and prices. Usually, these will be provided as part of the service. So what's the catch? You're likely to receive the occasional letter or email from the relevant spread trading broker.
If you do decide to trade then, before starting, remember that CFD trading and spread trading carry 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 Glencore |
Though the specific charting packages normally vary across the industry, to help your trading decisions, the charts usually have user friendly tools that include:
- A range of time intervals - 3 minutes, 30 minutes, 2 hours etc
- Various views - candlestick and OHLC charts
- Drawing tools and features - trendlines, Fibonacci fans, time zones and arcs
Charts from Capital Spreads also have more advanced features like:
- Customisable Indicators, Back Testing and Analysis tools
- Popular chart overlays - Ichimoku Cloud, Moving Average, Envelopes etc
- Secondary indicator charts - Average Directional Index, Stochastic, Projection Bands etc
- Automatic email alerts that trigger when the markets reach a particular price
Sample equity trading chart
The following online spread betting firms provide account holders with real time trading prices and charts:
Where Can I Spread Bet on Glencore Xstrata for Free? |
Trading is not without its risks. However, if you'd like to try a completely free Practice Account, where you can try spread trading, then see below for more details.
When considering which investment option might work for you, don't forget that spread betting, in the UK, is free of income tax, capital gains tax and stamp duty*.
If you are interested in a free online spread betting platform then keep in mind that investors can spread bet on Glencore without brokers' fees or commissions with companies such as:
If you want a completely free Test Account / Practice Account which lets you get a feel for spread betting, and trading markets like the FTSE 100, crude oil, EUR/GBP and Glencore, then look into:
Each of the above currently offer a Test Account which lets investors try out theories, gain experience with a host of orders and study charts.
How to Spread Bet on Glencore Xstrata? |
If you decide to speculate on UK listed companies such as Glencore then one solution could be spread trading on the Glencore share price.
Looking at a site like InterTrader, you can see they have put the Glencore Rolling Daily market at 349.8p - 350.4p. As a result, you could spread bet on the Glencore shares:
 Increasing above 350.4p, or
 Decreasing below 349.8p
Whilst spread betting on FTSE 350 equities you trade in £x per penny. So, should you choose to invest £4 per penny and the Glencore share price changes by 35p then that would alter your profits (or losses) by £140. £4 per penny x 35p = £140.
Rolling Daily Equities Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore there is no preset closing date for this market. Therefore, if you decide not to close your trade by the end of the day, it simply rolls over to the next session.
If you allow your trade to roll over and are spread betting on the market to:
Go up - then you would normally pay a small financing fee, or
Go down - then a small payment is normally credited to your account
Our article Rolling Daily Spread Betting goes into more detail about Rolling Daily Markets and includes a fully worked example.
Glencore Rolling Daily - Equities Spread Betting Example |
If you take the spread of 349.8p - 350.4p and assume:
- You have analysed the sector, and
- Your analysis suggests the Glencore shares will rise higher than 350.4p
Then you could decide that you are going to buy a spread bet at 350.4p for a stake of £10 per penny.
So, you win £10 for every penny that the Glencore shares push above 350.4p. Conversely, however, you will make a loss of £10 for every penny that the Glencore market goes below 350.4p.
Considering this from another angle, if you were to buy a spread bet then your profits (or losses) are found by taking the difference between the closing 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 trading sessions the share price started to increase then you might want to close your position in order to guarantee your profit.
Taking this a step further, if the market rose then the spread, set by the spread betting company, might move up to 360.9p - 361.5p. To close your trade you would sell at 360.9p. As a result, with the same £10 stake this trade would result in a profit of:
Profit / loss = (Settlement Level - Initial Level) x stake
Profit / loss = (360.9p - 350.4p) x £10 per penny stake
Profit / loss = 10.5p x £10 per penny stake
Profit / loss = £105.00 profit
Speculating on equities, by spread trading or otherwise, is not always easy. In the above example, you wanted the share price to rise. However, the share price might decrease.
If the Glencore shares had started to fall then you might choose to close your spread bet in order to limit your losses.
If the market dropped to 338.5p - 339.1p then this means you would sell back your position at 338.5p. Therefore, you would make a loss of:
Profit / loss = (Settlement Level - Initial Level) x stake
Profit / loss = (338.5p - 350.4p) x £10 per penny stake
Profit / loss = -11.9p x £10 per penny stake
Profit / loss = -£119.00 loss
Note - Glencore Rolling Daily spread betting market taken as of 19-Oct-12.
Advert:
Glencore Xstrata Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Glencore Xstrata 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.
'Glencore Xstrata Spread Betting' by DB, updated 23-May-13
For related pages also see:
Spread Betting on Shares - FTSE 100 Companies, updated 24-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
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Rio Tinto Spread Betting, updated 24-May-13
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Vodafone Spread Betting, updated 23-May-13
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