IG Group Spread Betting
If you are looking to spread bet through an IG account rather than on the IG Group share price, please see our IG review page.
As well as a website review, there are user comments on IG, user ratings on IG and videos on using the IG website.
Where Can I Spread Bet on IG Group? |
At the moment, investors can trade IG Group, plus a broad range of related online markets, via:
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| Broker Ratings - Sponsored by IG |
The following table takes the last 3 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for IG Group:
| 22-May-13 |  | Neutral | Based on last 3 Ratings | 589.5 | 633 | 7.32% |
A look at the latest IG Group broker ratings:
| 22-May-13 |  | Overweight | Barclays | 589.5 | 650 | 10.30% | | 20-May-13 | | Buy | Oriel Securities | 582.5 | 630 | 8.20% | | 23-Apr-13 | | Add | Numis Securities | 544 | 618 | 13.60% | | 16-Jan-13 | | Overweight | Barclays | 463.9 | 500 | 7.80% | | 15-Jan-13 | | Buy | Investec | 449.4 | 560 | 24.60% | | 03-Jan-13 | | Buy | Numis Securities | 460.7 | 556 | 20.70% |
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:
IG Group Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on IG Group with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for IG Group? |
The CFDs chart below will offer readers a useful look at the IG Group market.
The Plus 500 chart above usually follows the underlying IG Group futures market (not the daily market).
If you would like to study real time financial spread betting prices/charts for IG Group, you will generally need a spread trading account.
In addition, a spreads account also lets you trade on the short-term daily markets. Note that opening any such account is normally dependent on credit and status checks.
Should your new account be accepted, you can log on to make use of the real-time trading charts and prices. On most platforms, these will be free. The catch? You'll probably receive the occasional sales call and/or email from the spread betting firm.
If you do trade, remember that spread trading and CFDs do involve a high degree of risk to your capital and you can incur losses that exceed your initial investment.
Advanced Charting Packages for IG Group Shares |
Though the charts normally differ between firms, to aid your trading decisions, the majority of charts usually have user friendly features and tools such as:
- A wide range of time intervals such as 2 minutes, 1 hour, 1 day etc
- Different displays such as OHLC, candlestick and line charts
- Drawing features and options such as trendlines, Fibonacci time zones, arcs and fans
Charts from InterTrader also come with more advanced aspects like:
- Custom Indicators, Back Testing and Optimisation tools
- Helpful chart overlays such as Moving Average, Bollinger Bands, Envelopes etc
- A selection of secondary charts such as Chaikin's Money Flow, Stochastic, Mass Index etc
- Automated email alerts when the markets hit a given price
Sample Financial Spreads trading chart
The following financial spread betting brokers offer clients real-time charts/prices:
Where Can I Spread Bet on IG Group for Free? |
Trading always involves some risk. Nevertheless, if you would like to try a completely free Test Account, that allows you to trial spread trading on a large range of markets, please see below for more details.
When thinking about which investment option might work for you, also remember that spread betting in the UK is tax free*, i.e. there is no capital gains tax, stamp duty or income tax.
If you're interested in a low cost spread trading site, you should keep in mind that investors can spread bet on IG Group without having to pay any commissions or brokers' fees with providers like:
If you'd like to open a free Demo Account that lets you get to grips with spread betting, including trading markets like IG Group, then you can always have a look at:
All of the above spread trading companies offer a Practice Account which investors can use to apply orders, try out trading ideas and use charts.
How to Spread Bet on IG Group? |
If you want to speculate on companies like IG Group then one option could be spread trading on the IG Group share price.
Looking at Capital Spreads, we can see that they are currently offering the IG Group Rolling Daily market at 435.2p - 436.6p. This means an investor can spread bet on the IG Group share price:
 Increasing higher than 436.6p, or
 Decreasing lower than 435.2p
When financial spread betting on UK equities you trade in £x per penny. As a result, if you decided to have a stake of £3 per penny and the IG Group share price changes by 22p then there would be a difference to your profits (or losses) of £66. £3 per penny x 22p = £66.
Rolling Daily Equities Markets
You should note that this is a 'Rolling Daily Market', therefore there is no set closing date for this market. If your position is still open at the end of the day, it simply rolls over to the next trading day.
If your spread bet is rolled over and you are speculating that the market will:
Decreasing lower than - then you are normally charged a small financing fee, or
Decreasing lower than - then a small payment is often credited to your account
If you would like a fully worked example then see Rolling Daily Spread Betting.
IG Group Rolling Daily - Shares Trading Example |
Now, if you think about the spread of 435.2p - 436.6p and make the assumptions that:
- You have completed your stock market analysis, and
- Your research leads you to feel the IG Group shares look like they will increase and move above 436.6p
Then you might go long of the market at 436.6p for a stake of, for example, £10 per penny.
Therefore, you win £10 for every penny that the IG Group shares increase and go higher than 436.6p. However, it also means that you will lose £10 for every penny that the IG Group market decreases below 436.6p.
Thinking of this in a slightly different way, if you were to ‘Buy’ a spread bet then your P&L is found by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that price difference by the stake.
With this in mind, if after a few sessions the stock rose then you might want to close your position in order to secure your profit.
Therefore, if the market moved up then the spread, set by the spread trading firm, might move up to 450.4p - 451.8p. To settle/close your trade you would sell at 450.4p. As a result, with the same £10 stake:
Your profits (or losses) = (Closing Level - Initial Level) x stake
Your profits (or losses) = (450.4p - 436.6p) x £10 per penny stake
Your profits (or losses) = 13.8p x £10 per penny stake
Your profits (or losses) = £138.00 profit
Trading shares, whether by spread trading or otherwise, is not always easy. In the above example, you wanted the share price to rise. Nevertheless, it could decrease.
If the IG Group share price weakened, against your expectations, then you might decide to settle/close your position to limit your losses.
Should the market pull back to 424.6p - 426.0p then this means you would close your position by selling at 424.6p. So your loss would be calculated as:
Your profits (or losses) = (Closing Level - Initial Level) x stake
Your profits (or losses) = (424.6p - 436.6p) x £10 per penny stake
Your profits (or losses) = -12.0p x £10 per penny stake
Your profits (or losses) = -£120.00 loss
Note - IG Group Rolling Daily spread betting market accurate as of 31-Oct-12.
Advert:
IG Group Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on IG Group 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.
'IG Group Spread Betting' by DB, updated 22-May-13
For related pages also see:
Spread Betting on FTSE 250 Companies, updated 23-May-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 23-May-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 23-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
Dixons spread betting guide: live Dixons charts and prices. Plus, broker ratings on Dixons shares, where to spread bet on Dixons shares commission-free and tax-free*, how to spread bet on Dixons and...read article: Dixons Spread Betting.
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 23-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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