Lonmin Spread Betting
Where Can I Spread Bet on Lonmin? |
Currently, you are able to financial spread bet without commissions or brokers' fees on Lonmin, and an array of similar spread trading markets, via companies 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 Lonmin:
| 20-May-13 |  | Neutral | Based on last 5 Ratings | 269 | 255 | -5.20% |
A look at the latest Lonmin broker ratings:
| 20-May-13 |  | Underweight | Barclays | 269 | 215 | -20.10% | | 15-May-13 | | Neutral | Exane BNP Paribas | 263.4 | 280 | 6.30% | | 13-May-13 | | Sell | Societe Generale | 294.8 | 110 | -62.70% | | 30-Apr-13 | | Underperform | RBC Capital Markets | 273.7 | 260 | -5.00% | | 29-Apr-13 |  | Buy | SBG Securities | 283.4 | 410 | 44.70% | | 26-Apr-13 | | Underweight | Barclays | 283.1 | 200 | -29.40% | | 15-Mar-13 | | Sell/Attractive | Goldman Sachs | 329.9 | 280 | -15.10% | | 07-Feb-13 | | Sell | AlphaValue | 378.2 | 237 | -37.30% | | 10-Jan-13 | | Sell/Attractive | Goldman Sachs | 304.4 | 200 | -34.30% |
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:
Lonmin Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Lonmin with
Financial Spreads.
|
Where Can I Find Live Spread Betting Prices and Charts for Lonmin? |
The CFD chart below will offer you a helpful look at the Lonmin market.
The chart above is from Plus 500 and is normally based on the Lonmin futures price.
Should you want to analyse real time financial spread betting charts and prices for Lonmin, you will generally require a spread trading account.
A spreads account also lets you access shorter-term daily prices. Note: Opening such an account is subject to status, suitability and credit checks.
Should your application be accepted, you can log on to view the live trading prices/charts. Usually, these are free. The catch is that you'll probably get the odd call and/or email from the financial spread betting company.
Of course, if you want to trade then, before starting, you should be aware that spread betting and CFD trading do carry a significant level of risk and it's possible to incur losses that exceed your initial investment.
Professional Charting Packages for Lonmin Shares |
Even though charts vary from platform to platform, to help your analysis, they often come with useful tools such as:
- An array of intervals - 5 minutes, 2 hours, 1 month etc
- Various displays - candlestick charts and OHLC charts
- Tools for drawing features - Fibonacci Time Zones, Fans and Arcs
The charts with Capital Spreads also offer more advanced aspects such as:
- Customisable Indicators and BackTesting
- Helpful chart overlays - Parabolic SAR, Ichimoku Cloud, Chande Kroll Stop etc
- A choice of indicators - RMI, Williams %R, Price and Volume Trend etc
- Automatic alerts when a market reaches a certain level
Sample shares chart
The spread betting firms listed below give clients access to real time charts/prices:
Where Can I Spread Bet on Lonmin for Free? |
Investing always comes with risk, but if you would like to open an entirely free Practice Account, where you can try spread betting on a variety of markets, see below for further details.
When looking at which trading option is right for you, also remember that, in the UK, financial spread betting is exempt from tax*.
If you are trying to find a low cost spread trading platform then you should keep in mind that you can take a position on Lonmin without brokers' fees or commissions through providers such as:
If you'd like to open a completely free Practice Account / Demo Account that allows users to try out financial spread betting, including markets like the Dow Jones, gold, EUR/USD and Lonmin, then have a closer look at:
All of the above provide a Practice Account that allows users to review charts, gain experience with a host of orders and try out new ideas.
How to Spread Bet on Lonmin? |
If you decide to invest in UK listed companies such as Lonmin then one option could be to spread trade on the Lonmin share price.
Looking at a site like InterTrader, we can see they have put the Lonmin Rolling Daily market at 517.8p - 520.7p. As a result, you can spread bet on the Lonmin share price:
 Going higher than 520.7p, or
 Going lower than 517.8p
When financial spread betting on FTSE 350 shares you trade in £x per penny. As a result, if you choose to have a stake of £3 per penny and the Lonmin share price moves 27p then that would alter your profits (or losses) by £81. £3 per penny x 27p = £81.
Rolling Daily Shares Markets
You should note that this is a 'Rolling Daily Market', therefore it does not have a settlement date. As a result, if your trade is still open at the end of the trading day, it will just roll over into the next day.
If you do let your position roll over into the next day and are spread betting on the market to:
Move up - then you usually pay a small overnight financing fee, or
Move down - then you will usually receive a small credit to your account
For a more detailed example see Rolling Daily Spread Betting.
Lonmin Rolling Daily - Shares Spread Betting Example |
So, if you think about the above spread of 517.8p - 520.7p and assume:
- You have analysed the equities market, and
- Your analysis suggests that the Lonmin shares will rise higher than 520.7p
Then you could decide to go long of the market at 520.7p for a stake of £5 per penny.
With such a spread bet you win £5 for every penny that the Lonmin shares increase and go above 520.7p. On the other hand, such a bet also means you will lose £5 for every penny that the Lonmin market falls below 520.7p.
Looked at another way, should 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 difference in price by your stake.
As a result, if after a few trading sessions the stock rose then you might consider closing your position to secure your profit.
As an example, should the market rise, the spread, set by the spread trading company, might change to 540.5p - 543.4p. In order to close your trade you would sell at 540.5p. So, with the same £5 stake you would calculate your profit as:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (540.5p - 520.7p) x £5 per penny stake
Profit / loss = 19.8p x £5 per penny stake
Profit / loss = £99.00 profit
Trading shares, whether by spread trading or otherwise, can work against you. In this case, you had bet that the share price would rise. Nevertheless, it can also fall.
If the Lonmin shares had fallen then you could close your trade in order to restrict your losses.
Should the spread drop to 497.3p - 500.2p then you would settle/close your trade by selling at 497.3p. If so, this would result in a loss of:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (497.3p - 520.7p) x £5 per penny stake
Profit / loss = -23.4p x £5 per penny stake
Profit / loss = -£117.00 loss
Note - Lonmin Rolling Daily market taken as of 31-Oct-12.
Advert:
Lonmin Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Lonmin 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.
'Lonmin Spread Betting' by DB, updated 20-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
Pennon Group spread betting guide with live Pennon share prices and charts. Plus, broker recommendations on Pennon, where to spread bet on Pennon shares tax-free* and commission-free, how to spread bet on the Pennon share price and...read article: Pennon Group Spread Betting.
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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