Moneysupermarket Spread Betting
Where Can I Spread Bet on Moneysupermarket?
You can speculate on Moneysupermarket, plus a range of similar markets, via companies like:
|Broker Ratings - Sponsored by IG
Moneysupermarket Broker Ratings
A look at the latest Moneysupermarket broker ratings:
|04-Aug-15||Sell||Numis Securities Ltd||297.3||207||-30.40%|
|05-Jun-15||Hold||Canaccord Genuity Corp||276.7||290||4.80%|
|24-Apr-15||Hold||Canaccord Genuity Corp||272.1||278||2.20%|
For the latest UK broker ratings see Daily Trading Tips.
Moneysupermarket.com Analysis & News
Where Can I Spread Bet on Moneysupermarket for Free?
Investing does involve risks. Having said that, if you want to open a Practice Account (free), where you can try spread betting on a host of markets, then please see below for more details.
When looking at which trading option might work for you, don't forget that in the UK, financial spread betting is tax free*, i.e. it is exempt from capital gains tax, income tax and stamp duty.
If you are trying to find a free spread trading site then keep in mind that investors are able to spread bet on Moneysupermarket without commissions or brokers' fees with companies such as:
Should you want to have a look at a Demo Account which allows you to get a better understanding of online spread betting, and markets like Moneysupermarket, then have a closer look at:
All of the above spread trading companies currently provide a risk free Demo Account that lets users gain experience with an array of orders, try out strategies and review charts.
How to Spread Bet on Moneysupermarket?
Should you want to invest in firms such as Moneysupermarket then one solution could be to place a spread bet on the Moneysupermarket share price.
Looking at a spread betting site like FinancialSpreads, you can see that they are currently showing the Moneysupermarket Rolling Daily market at 134.8p - 135.5p. This means you can put a spread bet on the Moneysupermarket shares:
Increasing above 135.5p, or
Decreasing below 134.8p
When spread betting on FTSE 350 shares you trade in £x per penny. So, if you invested £2 per penny and the Moneysupermarket share price moves 29p then that would make a difference to your profit/loss of £58. £2 per penny x 29p = £58.
Rolling Daily Equities Markets
Note that this is a Rolling Daily Market and therefore there is no set closing date for this market. If your position is still open at the end of the day, it will just roll over into the next day.
If a trade is rolled over and you are spread betting on the market to:
Go higher - then you'll usually be charged a small overnight financing fee, or
Go lower - then you'll often receive a small payment to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
Moneysupermarket Rolling Daily - Shares Trading Example
So, if we continue with the above spread of 134.8p - 135.5p and make the assumptions that:
Then you could decide that you want to go long of the market at 135.5p and risk, for the sake of argument, £20 per penny.
- You have completed your market analysis, and
- Your analysis leads you to feel that the Moneysupermarket share price looks like it will increase and go higher than 135.5p
So, you gain £20 for every penny that the Moneysupermarket shares rise above 135.5p. On the other hand, such a bet also means you will lose £20 for every penny that the Moneysupermarket market moves below 135.5p.
Looked at another way, if you buy a spread bet then your profits (or losses) are worked out by taking the difference between the closing price of the market and the initial price you bought the spread at. You then multiply that difference in price by the stake.
As a result, if after a few trading sessions the shares started to increase then you might think about closing your trade to lock in your profit.
So if the market moved up then the spread, set by the spread trading company, might change to 142.1p - 142.8p. You would settle your position by selling at 142.1p. Accordingly, with the same £20 stake this trade would result in a profit of:
Profit = (Final Level - Initial Level) x stake
Profit = (142.1p - 135.5p) x £20 per penny stake
Profit = 6.6p x £20 per penny stake
Profit = £132.00 profit
Speculating on shares, whether by spread trading or otherwise, is not easy. In this case, you wanted the share price to rise. Naturally, the share price can also go down.
If the Moneysupermarket stock weakened, against your expectations, then you could choose to close your spread bet to limit your losses.
Should the spread drop to 129.7p - 130.4p you would settle your position by selling at 129.7p. Accordingly, your loss would be:
Loss = (Final Level - Initial Level) x stake
Loss = (129.7p - 135.5p) x £20 per penny stake
Loss = -5.8p x £20 per penny stake
Loss = -£116.00 loss
Note: Moneysupermarket Rolling Daily equities market accurate as of 31-Oct-12.
Where Can I Find Live Prices and Charts for Moneysupermarket?
To look at real time trading prices and charts for Moneysupermarket, you can use a spread trading account. Users should note that spreads accounts are normally dependent on status, suitability and credit checks.
Should your application be accepted then you can log in and access the real time trading charts/prices. These are usually provided as part of the service. So what's the catch? You're likely to receive the odd letter and/or email from your provider.
Of course, if you want to spread bet then, before starting, you should note that financial spread betting involves a high level of risk to your funds and can result in losses that exceed your initial investment.
Whilst the charts tend to vary from platform to platform, the majority of charts usually come with useful tools such as:
Charts from Capital Spreads also include more advanced aspects:
- A broad range of intervals - 1 minute, 2 hours, 1 week etc
- A variety of chart views - candle charts and line charts
- Tools for adding features - Trendlines, Fibonacci Fans, Time Zones and Arcs
Sample share trading chart
- Back Testing, Tailored Indicators and Optimisation functions
- Popular overlays - Ichimoku Cloud, Exponential Moving Average, Wilder's Smoothing etc
- Technical indicator charts - Chaikin Volatility, Relative Momentum Index, Swing Index etc
- Customised alerts that trigger when your chosen market reaches a pre-determined price
The financial spread betting brokers in the following list give their clients real-time trading prices/charts:
Moneysupermarket Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Moneysupermarket with
'Moneysupermarket Spread Betting' edited by DB, updated 03-Oct-17
For related articles also see:
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!