LSE Spread Betting
Where Can I Spread Bet on LSE? |
Investors can spread bet with no brokers' fees on LSE through an account with any of the following spread betting firms:
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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 LSE:
| 13-Jun-13 |  | Neutral | Based on last 5 Ratings | 1328 | 1333 | 0.39% |
A look at the latest LSE broker ratings:
| 13-Jun-13 |  | Outperform | RBC Capital Markets | 1328 | 1600 | 20.50% | | 11-Jun-13 | | Outperform | Credit Suisse | 1357 | 1550 | 14.20% | | 04-Jun-13 |  | Underweight | JPMorgan | 1398 | 1244 | -11.00% | | 15-May-13 | | Reduce | Numis Securities | 1369 | 1136 | -17.00% | | 02-Apr-13 | | Reduce | Numis Securities | 1309 | 1136 | -13.20% | | 28-Mar-13 | | Outperform | RBC Capital Markets | 1316 | 1500 | 14.00% | | 21-Jan-13 | | Overweight | Barclays | 1169 | 1270 | 8.60% | | 14-Jan-13 | | Outperform | RBC Capital Markets | 1158 | 1300 | 12.30% |
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:
LSE Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on LSE with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for LSE? |
The contracts for difference chart below gives a handy overview of the LSE market.
The Plus500 chart that we use above is normally based on the underlying LSE futures market (not the daily market).
If you would like access to up-to-the-minute financial spread betting charts and prices for LSE, an option is to use a spread betting account.
Also, a spreads account will let you have access to the shorter term daily prices. Such accounts are normally dependent on credit, suitability and status checks.
If your account application is approved then, after logging on, you will be able to see the real-time charts and prices. Usually, these are provided for free. The catch is that you are likely to get an occasional call and/or letter from the spread betting company.
If you want to trade then, before you start, be aware that CFD trading and spread betting carry a high level of risk to your capital and can result in losses that exceed your initial investment.
Professional Charts for LSE |
Although charting software/packages differ between firms, in order to help your trading decisions, they often have features that include:
- A broad range of time periods, for example, 30 minutes, 2 hours, 1 week and so on
- Different chart views, for example, OHLC, line and candlestick charts
- Drawing options and tools, for example, Trendlines, Fibonacci Fans, Arcs and Time Zones
Charts offered by Selftrade Markets also come with advanced features such as:
- Tailored Indicators, Back Testing and Analysis tools
- Numerous overlays, for example, Ichimoku Cloud, Parabolic SAR, Price Channels and so on
- Technical indicator charts, for example, Chaikin Money Flow, Relative Strength Index (RSI), % Price Oscillator and so on
- Automated email alerts that trigger when your chosen market hits a particular price
FinancialSpreads.com trading chart
The online spread betting brokers in the following list give their clients live trading prices/charts:
Where Can I Spread Bet on LSE for Free? |
Speculating involves an element of risk, but if you would like to open a free Practice Account, that allows you to check charts and try out spread trading, see below for further details.
When deciding which trading option is right for you, don't forget that, in the UK, spread trading is currently tax free*, i.e. there is no capital gains tax, stamp duty or income tax.
If you are looking for a free trading platform, you should keep in mind that you can trade LSE with no brokers' fees via:
If you're interested in a (free) virtual money Practice Account / Test Account that allows users to try out financial spread betting on markets such as the Dow Jones, USD/JPY, GBP/USD and LSE, then have a look at:
Each of the above spread betting companies provide a Test Account that allows users to gain experience with an array of orders, try out new theories and study charts.
How to Spread Bet on LSE? |
If you want to speculate on UK listed companies such as LSE then one option could be spread betting on the LSE share price.
Looking at a site like Capital Spreads, you can see they are currently pricing the LSE Rolling Daily market at 982.2p - 985.3p. Therefore, an investor could spread trade on the LSE share price:
 Increasing above 985.3p, or
 Decreasing below 982.2p
Whilst spread betting on FTSE 350 equities you trade in £x per penny. Therefore, if you chose to have a stake of £3 per penny and the LSE shares move 39p then that would be a difference to your P&L of £117. £3 per penny x 39p = £117.
Rolling Daily Shares Markets
An important aspect of this Rolling Daily Market is that in contrast with futures markets, there is no closing date. If you decide to leave your trade open at the end of the day, it just rolls over into the next day.
If you allow your trade to roll over and are spread betting on the market to:
Rise - then you will be charged a small overnight financing fee, or
Fall - then a small payment is usually credited to your account
For a fully worked example see Rolling Daily Spread Betting.
LSE Rolling Daily - Shares Spread Betting Example |
So, if you take the above spread of 982.2p - 985.3p and assume:
- You've analysed the stock markets, and
- Your research suggests that the LSE shares will rise above 985.3p
Then you may buy at 985.3p and invest £3 per penny.
Therefore, you make a profit of £3 for every penny that the LSE shares push higher than 985.3p. Having said that, such a bet also means that you will make a loss of £3 for every penny that the LSE market decreases lower than 985.3p.
Looking at this from another angle, if you were to ‘Buy’ a spread bet then your profit/loss is worked out by taking the difference between the final price of the market and the price you bought the market at. You then multiply that price difference by the stake.
As a result, if after a few hours the stock started to increase then you might think about closing your trade so that you can secure your profit.
So if the market rose then the spread, set by the spread trading firm, might move up to 1019.8p - 1022.9p. You would close/settle your spread bet by selling at 1019.8p. So, with the same £3 stake:
Profits (or losses) = (Closing Level - Opening Level) x stake
Profits (or losses) = (1019.8p - 985.3p) x £3 per penny stake
Profits (or losses) = 34.5p x £3 per penny stake
Profits (or losses) = £103.50 profit
Speculating on shares, by spread betting or otherwise, is not always straightforward. In this example, you had bet that the share price would go up. Nevertheless, it might fall.
If the LSE shares dropped then you might decide to settle/close your trade in order to limit your losses.
So if the market dropped to 944.9p - 948.0p then this means you would sell back your position at 944.9p. If so, your loss would be calculated as:
Profits (or losses) = (Closing Level - Opening Level) x stake
Profits (or losses) = (944.9p - 985.3p) x £3 per penny stake
Profits (or losses) = -40.4p x £3 per penny stake
Profits (or losses) = -£121.20 loss
Note - LSE Rolling Daily spread betting price quoted as of 31-Oct-12.
Advert:
LSE Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on LSE with
Financial Spreads.
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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.
'LSE Spread Betting' by DB, updated 13-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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