Rio Tinto Spread Betting
Where Can I Spread Bet on Rio Tinto? |
At the moment, investors are able to trade without paying any commissions or brokers' fees on Rio Tinto through an account with any of these spread betting providers:
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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 Rio Tinto:
| 24-May-13 |  | Buy | Based on last 5 Ratings | 2903.5 | 4174 | 43.75% |
A look at the latest Rio Tinto broker ratings:
| 24-May-13 | | Outperform | Sanford C. Bernstein | 2903.5 | 4575 | 57.60% | | 23-May-13 | | Buy | Jefferies | 2914 | 3500 | 20.11% | | 16-May-13 | | Overweight | JPMorgan | 2875 | 4560 | 58.60% | | 14-May-13 | | Buy | Societe Generale | 2943 | 3745 | 27.30% | | 07-May-13 | | Buy | Deutsche Bank | 3098 | 4489 | 44.90% | | 23-Apr-13 | | Outperform | Exane BNP Paribas | 2905 | 4200 | 44.60% | | 22-Apr-13 | | Overweight | HSBC | 2926.5 | 4160 | 42.10% | | 17-Apr-13 | | Buy | Societe Generale | 2887 | 3745 | 29.70% | | 16-Apr-13 | | Buy | Societe Generale | 3026.5 | 3810 | 25.90% | | 12-Apr-13 | | Outperform | Sanford C. Bernstein | 3120.5 | 4575 | 46.60% | | 10-Apr-13 | | Outperform | RBC Capital Markets | 3178 | 4100 | 29.00% | | 19-Mar-13 |  | Sell/Neutral | Goldman Sachs | 3149 | 2800 | -11.10% | | 13-Mar-13 | | Outperform | Sanford C. Bernstein | 3411 | 4750 | 39.30% | | 04-Mar-13 | | Outperform | Credit Suisse | 3354 | 4000 | 19.30% | | 27-Feb-13 | | Outperform | Exane BNP Paribas | 3486.5 | 4700 | 34.80% | | 12-Feb-13 | | Buy | Societe Generale | 3657 | 3900 | 6.60% | | 05-Feb-13 | | Outperform | Credit Suisse | 3642 | 4000 | 9.80% | | 30-Jan-13 | | Buy | Deutsche Bank | 3584.5 | 4680 | 30.60% | | 14-Jan-13 | | Overweight | Barclays | 3484 | 4000 | 14.80% | | 09-Jan-13 | | Outperform | RBC Capital Markets | 3562 | 3800 | 6.70% |
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:
Rio Tinto Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Rio Tinto with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Rio Tinto? |
This interactive CFD trading chart will provide users with a helpful overview of the Rio Tinto share price.
The chart above is from Plus 500 and typically uses the Rio Tinto futures market (not the daily market).
Should you want to analyse financial spread betting prices and charts for Rio Tinto, you will normally need a financial spread betting account.
Also, a spreads account lets you trade on daily contracts. Readers should note that opening any such account is normally dependent on credit, status and suitability checks.
Should your new account be accepted then, when you log in, you will be able to study the charts and the current pricing. These are usually provided as part of the service. Having said that, you are likely to receive the occasional sales email and/or call from your chosen online spread betting company.
If you do decide to trade then, before starting, you should note that financial spread trading and CFDs do involve a high degree of risk to your capital and you may lose more than your initial investment.
Advanced Charting Packages for Rio Tinto |
Although the charting packages tend to differ across the various providers, in order to assist you with your analysis, the charts often have features such as:
- A large range of intervals e.g. 1 minute, 15 minutes, 1 day etc.
- A variety of chart views e.g. line, candlestick and OHLC charts
- Drawing options and tools e.g. trendlines, Fibonacci arcs, fans and time zones
The charts provided by Capital Spreads also come with more advanced aspects:
- BackTesting tools and Tailored Indicators
- Key overlays e.g. Parabolic SAR, Ichimoku Clouds, Envelopes etc.
- Secondary indicator charts e.g. Momentum Percentage, Williams %R, Accumulation Distribution etc.
- Automated alerts for when the markets reach a given level
Example equity trading chart
The financial spread betting firms in the following list offer account holders access to real time prices/charts:
Advert:
Rio Tinto Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Rio Tinto with
Financial Spreads.
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Where Can I Spread Bet on Rio Tinto for Free? |
Speculating does involve risks. Having said that, if you'd like to open a free Demo Account, which lets you access trading charts and try out spread betting, please see below for more details.
In addition, spread betting, in the UK, is exempt from capital gains tax, income tax and stamp duty*.
If you're interested in a free spread trading website, note that you are able to trade Rio Tinto without commissions or brokers' fees at:
If you're interested in a (free) Practice Account / Test Account where users can try online spread betting, and trading markets like the DAX 30, crude oil, GBP/USD and Rio Tinto, then you could always have a closer look at:
The above spread betting firms currently offer a Test Account that allows investors to test new trading strategies, gain experience with a range of orders and check charts, including line and candlestick charts.
How to Spread Bet on Rio Tinto? |
If you are looking to speculate on firms such as Rio Tinto then one solution could be to place a spread bet on the Rio Tinto share price.
Looking at a website like FinancialSpreads.com, you can see that they have put the Rio Tinto Rolling Daily market at 3168.5p - 3172.0p. As a result, you can spread bet on the Rio Tinto share price:
 Increasing above 3172.0p, or
 Decreasing below 3168.5p
When making a spread bet on FTSE 350 equities you trade in £x per penny. As a result, should you choose to invest £4 per penny and the Rio Tinto share price changes by 33p then there would be a difference to your bottom line of £132. £4 per penny x 33p = £132.
Rolling Daily Shares Markets
This is a Rolling Daily Market which means that unlike a normal spread betting futures market, there is no closing date. If you leave your position open at the end of the day, it will stay open and roll over into the next trading session.
If you do roll over a bet and you are spread betting that the market will:
Go up - then you will be charged a small overnight financing fee, or
Go down - then a small payment is normally credited to your account
For a more detailed example see Rolling Daily Spread Betting.
Rio Tinto Rolling Daily - Shares Spread Betting Example |
So, if we consider the spread of 3168.5p - 3172.0p and make the assumptions:
- You have completed your market analysis, and
- Your research suggests that the Rio Tinto share price will move higher than 3172.0p
Then you may buy a spread bet at 3172.0p and risk, for the sake of argument, £2 per penny.
So, you win £2 for every penny that the Rio Tinto shares increase and go above 3172.0p. Nevertheless, such a bet also means that you will lose £2 for every penny that the Rio Tinto market decreases lower than 3172.0p.
Put another way, should you buy a spread bet then your profits (or losses) are calculated 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 days the share price started to increase then you might think about closing your spread bet to lock in your profit.
If that happened then the spread, determined by the spread betting company, could be adjusted to 3241.8p - 3245.3p. You would settle your position by selling at 3241.8p. Therefore, with the same £2 stake this trade would make you a profit of:
Profit / loss = (Closing Level - Initial Level) x stake
Profit / loss = (3241.8p - 3172.0p) x £2 per penny stake
Profit / loss = 69.8p x £2 per penny stake
Profit / loss = £139.60 profit
Financial spread betting doesn't always work out as you would have liked. In this example, you wanted the share price to rise. However, it could fall.
If the Rio Tinto shares had started to fall then you might choose to close your position to limit your losses.
So if the spread dropped to 3108.6p - 3112.1p then you would settle your position by selling at 3108.6p. Accordingly, your loss would be:
Profit / loss = (Closing Level - Initial Level) x stake
Profit / loss = (3108.6p - 3172.0p) x £2 per penny stake
Profit / loss = -63.4p x £2 per penny stake
Profit / loss = -£126.80 loss
Note - Rio Tinto Rolling Daily spread correct as of 17-Oct-12.
Advert:
Rio Tinto Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Rio Tinto 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.
'Rio Tinto Spread Betting' by DB, updated 24-May-13
For related pages also see:
Spread Betting on Shares - FTSE 100 Companies, updated 24-May-13
Spread Betting on FTSE 100 Companies: Individual trading guides to FTSE 100 shares with broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, individual explanations, where to spread bet and...read article: Spread Betting on Shares - FTSE 100 Companies.
Barclays Spread Betting, updated 16-May-13
Barclays spread betting guide with live Barclays share prices and charts. Plus, broker recommendations on Barclays, where to spread bet on Barclays shares tax-free* and commission-free, how to spread bet on the Barclays share price and...read article: Barclays Spread Betting.
Spread Betting on BP, updated 20-May-13
BP spread betting guide with live BP share prices and charts. Plus, broker recommendations on BP, where to spread bet on BP shares tax-free* and commission-free, how to spread bet on the BP share price and...read article: Spread Betting on BP.
HSBC Spread Betting, updated 24-May-13
HSBC spread betting guide with live HSBC share prices and charts. Plus, broker recommendations on HSBC, where to spread bet on HSBC shares tax-free* and commission-free, how to spread bet on the HSBC share price and...read article: HSBC Spread Betting.
Lloyds Spread Betting, updated 23-May-13
Lloyds spread betting guide with live Lloyds share prices and charts. Plus, broker recommendations on Lloyds, where to spread bet on Lloyds shares tax-free* and commission-free, how to spread bet on the Lloyds share price and...read article: Lloyds Spread Betting.
RBS Spread Betting, updated 23-May-13
RBS spread betting guide with live RBS share prices and charts. Plus, broker recommendations on RBS, where to spread bet on RBS shares tax-free* and commission-free, how to spread bet on the RBS share price and...read article: RBS Spread Betting.
Rio Tinto Spread Betting, updated 24-May-13
Rio Tinto spread betting guide with live Rio Tinto share prices and charts. Plus, broker recommendations on Rio Tinto, where to spread bet on Rio Tinto shares tax-free* and commission-free, how to spread bet on the Rio Tinto share price and...read article: Rio Tinto Spread Betting.
Vodafone Spread Betting, updated 23-May-13
Vodafone spread betting guide with live Vodafone share prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on Vodafone shares tax-free* and commission-free, how to spread bet on the Vodafone share price and...read article: Vodafone Spread Betting.
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