Lloyds Spread Betting
Where Can I Spread Bet on Lloyds? |
Currently, you can financial spread bet without paying any brokers' fees on Lloyds, and a wide array of other spread trading markets, with firms like:
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| Broker Ratings - Sponsored by IG |
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 Lloyds:
| 18-Jun-13 |  | Neutral | Based on last 5 Ratings | 62.37 | 63 | 1.11% |
A look at the latest Lloyds broker ratings:
| 18-Jun-13 | | Hold | Jefferies | 62.37 | 65 | 4.20% | | 14-Jun-13 |  | Outperform | Mediobanca SpA | 62.1 | 67 | 7.90% | | 13-Jun-13 |  | Sell | AlphaValue | 60.13 | 48.3 | -19.70% | | 12-Jun-13 | | Equalweight | Barclays | 61.22 | 65 | 6.20% | | 05-Jun-13 | | Outperform | Sanford C. Bernstein | 61.77 | 70 | 13.30% | | 03-Jun-13 | | Buy | Grupo Santander | 62.59 | 66 | 5.40% | | 29-May-13 | | Overweight | HSBC | 60.88 | 70 | 15.00% | | 23-May-13 | | Sell | Investec | 61.08 | 50 | -18.14% | | 16-May-13 | | Outperform | Exane BNP Paribas | 59.91 | 65 | 8.50% | | 30-Apr-13 | | Underperform | Keefe, Bruyette & Woods | 55.73 | 51 | -8.50% | | 29-Apr-13 | | Buy | Societe Generale | 53.16 | 61 | 14.70% | | 26-Apr-13 | | Neutral | Mediobanca SpA | 52.74 | 53 | 0.50% | | 22-Apr-13 | | Hold | Investec | 48.685 | 50 | 2.70% | | 19-Apr-13 | | Buy | Numis Securities | 46.98 | 63 | 34.10% | | 17-Apr-13 | | Buy | Grupo Santander | 48.36 | 66 | 36.50% | | 15-Apr-13 | | Neutral | Credit Suisse | 48.685 | 45 | -7.60% | | 04-Apr-13 | | Outperform | Sanford C. Bernstein | 48.6 | 64 | 31.70% | | 02-Apr-13 | | Buy | Liberum Capital | 48.61 | 62 | 27.50% | | 19-Mar-13 | | Underperform | Macquarie | 49.345 | 46 | -6.80% | | 15-Mar-13 | | Buy | Numis Securities | 50.73 | 63 | 24.20% | | 13-Mar-13 | | Buy | Grupo Santander | 50.04 | 66 | 31.90% | | 11-Mar-13 | | Buy | Societe Generale | 49.285 | 61 | 23.80% | | 07-Mar-13 | | Outperform | Exane BNP Paribas | 50.16 | 60 | 19.60% | | 01-Mar-13 | | Sell | Investec | 51.44 | 46 | -10.60% | | 07-Feb-13 | | Sell | AlphaValue | 51.56 | 45.6 | -11.60% | | 11-Jan-13 | | Sell | Investec | 53.93 | 46 | -14.70% | | 07-Jan-13 | | Buy | Grupo Santander | 50.68 | 66 | 30.20% | | 03-Jan-13 | | Outperform | Exane BNP Paribas | 49.76 | 63 | 26.60% |
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:
Lloyds Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Lloyds with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Lloyds? |
The CFD trading chart below gives you a useful overview of the Lloyds share price.
The above chart, provided by Plus 500, normally shows the Lloyds futures price.
If you want access to real-time spread betting charts and prices for Lloyds, you may require a spread trading account.
A spreads account also lets you trade on shorter-term daily prices. Please note that all accounts are normally dependent on credit, suitability and status checks.
Should your account application be accepted then you can log on and look at the prices and charts. On most platforms, these will be free. What's the catch? You might get an occasional newsletter and/or call from your chosen spread betting broker.
If you decide to trade then, before you start, you should note that CFDs and financial spread trading do involve a high degree of risk to your funds and you could lose more than your initial investment.
Advanced Charts for Lloyds Shares |
Although the charts can vary between providers, to help you with your analysis, most charts come with tools and features that include:
- A variety of time periods - 3 minutes, 15 minutes, 2 hours and so on
- A variety of display options - candle and line charts
- Drawing tools - Fibonacci time zones, arcs and fans
Charts with Tradefair Spreads also include advanced features:
- BackTesting, Custom Indicators and Optimisation functions
- Important overlays - Ichimoku Clouds, Parabolic SAR, Linear Regression and so on
- A wide selection of indicators - Relative Volatility Index, ADX, Commodity Channel Index and so on
- Automatic alerts that trigger when your chosen market reaches a specific price
Sample equities chart
The following spread betting firms give clients access to real-time trading charts and prices:
Advert:
Lloyds Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Lloyds with
Financial Spreads.
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Where Can I Spread Bet on Lloyds for Free? |
By its very nature, speculating is never risk free, however, if you would like to open a Practice Account (free), that lets you trial financial spread betting and look at candlestick charts, see below for more details.
When considering which trading option might work for you, also remember that in the UK, financial spread betting is free of capital gains tax, stamp duty and income tax*.
If you're interested in a low cost financial spread betting website then you should keep in mind that you can spread bet on Lloyds without having to pay any brokers' fees or commissions with firms like:
If you'd like to open a completely free Practice Account / Demo Account that allows you to try out financial spread betting on markets such as EUR/GBP, the DAX 30, gold and Lloyds, then you could always have a look at:
Each of the above provide a risk free Practice Account that lets investors look at charts, practice with a host of orders and test theories.
How to Spread Bet on Lloyds? |
Should you want to speculate on UK listed companies such as Lloyds then one solution could be to spread trade on the Lloyds share price.
Looking at a spread betting site like capital spreads, we can see they have priced the Lloyds Rolling Daily market at 40.5p - 40.8p. Therefore, an investor could spread bet on the Lloyds share price:
 Increasing above 40.8p, or
 Decreasing below 40.5p
Whilst making a spread bet on FTSE 350 shares you trade in £x per penny. As a result, if you choose to invest £4 per penny and the Lloyds share price moves 26p then that would change your P&L by £104. £4 per penny x 26p = £104.
Rolling Daily Shares Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore unlike a normal futures market, there is no closing date. You do not have to close your trade, should it still be open at the end of the trading day, it will stay open and roll over into the next trading session.
If a position is rolled over and you are speculating on the market to:
Move up - then you normally pay a small overnight financing fee, or
Move down - then you'll normally receive a small credit to your account
To learn more please read Rolling Daily Spread Betting.
Lloyds Rolling Daily - Shares Spread Betting Example |
So, if you continue with the above spread of 40.5p - 40.8p and make the assumptions that:
- You have done your analysis of the shares, and
- Your research leads you to think the Lloyds shares look like they will move above 40.8p
Then you may decide that you are going to buy a spread bet at 40.8p and invest, for example, £25 per penny.
With such a spread bet you win £25 for every penny that the Lloyds shares go higher than 40.8p. Nevertheless, you will make a loss of £25 for every penny that the Lloyds market moves lower than 40.8p.
Looking at this from another angle, if you buy a spread bet then your P&L is calculated by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that price difference by the stake.
Therefore, if after a few hours the stock rose then you might consider closing your spread bet to lock in your profit.
Taking this a step further, if the market rose then the spread might change to 44.4p - 44.7p. You would settle your position by selling at 44.4p. Therefore, with the same £25 stake this trade would result in a profit of:
Profits (or losses) = (Settlement Value - Opening Value) x stake
Profits (or losses) = (44.4p - 40.8p) x £25 per penny stake
Profits (or losses) = 3.6p x £25 per penny stake
Profits (or losses) = £90.00 profit
Trading equities, whether by spread trading or otherwise, is not simple. In this example, you had bet that the share price would go up. Of course, the share price might go down.
If the Lloyds share price began to drop then you could choose to close your spread bet to limit your losses.
If the market fell to 36.6p - 36.9p you would settle your position by selling at 36.6p. That would mean you would make a loss of:
Profits (or losses) = (Settlement Value - Opening Value) x stake
Profits (or losses) = (36.6p - 40.8p) x £25 per penny stake
Profits (or losses) = -4.2p x £25 per penny stake
Profits (or losses) = -£105.00 loss
Note - Lloyds Rolling Daily spread betting market correct as of 19-Oct-12.
Advert:
Lloyds Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Lloyds 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.
'Lloyds Spread Betting' by DB, updated 18-Jun-13
For related pages also see:
Spread Betting on FTSE 100 Companies, updated 18-Jun-13
Share trading review of the FTSE 100 companies. Our individual spread betting guides come with regular broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, share specific trading examples, where to...read article: Spread Betting on FTSE 100 Companies.
Barclays Spread Betting, updated 17-Jun-13
Barclays spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Barclays, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Barclays Spread Betting.
Spread Betting on BP, updated 17-Jun-13
BP spread betting and share trading guide with live prices and charts. Plus, broker recommendations on BP, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Spread Betting on BP.
HSBC Spread Betting, updated 17-Jun-13
HSBC spread betting and share trading guide with live prices and charts. Plus, broker recommendations on HSBC, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: HSBC Spread Betting.
Lloyds Spread Betting, updated 18-Jun-13
Lloyds spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Lloyds, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Lloyds Spread Betting.
RBS Spread Betting, updated 18-Jun-13
RBS spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Royal Bank of Scotland, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: RBS Spread Betting.
Rio Tinto Spread Betting, updated 18-Jun-13
Rio Tinto spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Rio Tinto, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Rio Tinto Spread Betting.
Vodafone Spread Betting, updated 18-Jun-13
Vodafone spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Vodafone Spread Betting.
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