Also, a spreads account will let you access short term daily markets. Please note that all such accounts are subject to credit, status and suitability checks.
If your account application is approved then, after logging on, you will be able to check the live charts and prices. On most platforms, these are free. So what's the catch? You'll probably receive an occasional sales call and/or email from your online spread betting firm.
Of course, if you do decide to trade, remember that CFD trading and financial spread betting carry a significant level of risk to your funds and you can lose more than your initial deposit.
With the telecoms firm remaining one of the largest firms in the UK, IG takes a look at the latest investment in infrastructure, the push for media content and the outlook for the share price.
Update by
10-Nov-14
[2:42pm]
Will Vodafone Call BSkyB for a Deal?
With Vodafone set to report, the firm has braced investors for a decline in earnings as it invests in infrastructure.
Investors will be looking for more detail on a potential deal with BSkyB and other media content providers.
Update by Alastair McCaig, Market Analyst,
29-Aug-13
[1:49pm] IG take a 3 minute look at the current Vodafone move:
Although charts tend to differ from provider to provider, in order to aid your trading analysis, they generally come with valuable tools and features such as:
A large range of time periods, for example, 2 minutes, 1 hour, 1 day etc
A variety of display options, for example, line and candle charts
Tools for adding features, for example, Fibonacci Arcs, Fans and Time Zones
The charts provided by FinancialSpreads also offer more advanced aspects like:
BackTesting and Customisable Indicators
Chart overlays, for example, Moving Average, Ichimoku Kinko Hyo, Linear Regression etc
Over 30 secondary charts, for example, ADX, MACD, CCI etc
Automatic email alerts when a market hits a given price
Sample chart
The spread trading brokers in the list below give account holders live charts and prices:
Speculating on the financial markets involves a degree of risk. Having said that, if you'd like to try an entirely free Demo Account, that lets you trial spread betting on a large range of markets, please see below for more details.
When considering which trading option might work for you, don't forget that, in the UK, spread trading is currently free of income tax, capital gains tax and stamp duty*.
If you want to try a low cost spread trading site, you should keep in mind that you can trade Vodafone without paying any commissions or brokers' fees with:
If you want an entirely free Test Account which lets you trial spread betting, and speculating on markets such as Vodafone, then you can always take a look at:
All of the above spread betting companies currently offer a free Test Account which lets investors practice with an array of trading orders, try out trading ideas and use charts.
How to Spread Bet on Vodafone?
If an investor wants to invest in UK listed companies such as Vodafone then one possibility could be spread betting on the Vodafone share price.
Looking at a spread trading platform like FinancialSpreads, we can see they are pricing the Vodafone Rolling Daily market at 176.9p - 177.2p. This means you can put a spread bet on the Vodafone shares:
Moving above 177.2p, or
Moving below 176.9p
Whilst financial spread betting on UK equities you trade in £x per penny. So, should you decide to risk £5 per penny and the Vodafone share price moves 31p then that would change your P&L by £155. £5 per penny x 31p = £155.
Rolling Daily Shares Markets
An important aspect of this Rolling Daily Market is that unlike a normal futures market, there is no settlement date. If your trade is open at the end of the day, it just rolls over into the next session.
If you do roll over a position and you are spread betting that the market will:
Rise - then you will often be charged a small financing fee, or
Fall - then you'll normally receive a small credit to your account
Vodafone Rolling Daily - Shares Spread Betting Example
So, if we think about the spread of 176.9p - 177.2p and make the assumptions:
You have done your equities analysis, and
Your analysis leads you to think that the Vodafone share price will move above 177.2p
Then you could buy a spread bet at 177.2p and risk, let’s say, £20 per penny.
With such a spread bet you make a profit of £20 for every penny that the Vodafone shares go higher than 177.2p. However, you will lose £20 for every penny that the Vodafone market falls lower than 177.2p.
Put another way, if you were to ‘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 market at. You then multiply that price difference by the stake.
Therefore, if after a few hours the shares rose then you might consider closing your spread bet in order to lock in your profit.
So if the market moved up then the spread might move to 182.5p - 182.8p. To close your trade you would sell at 182.5p. Therefore, with the same £20 stake your profit would be calculated as:
Profit = (Settlement Price - Initial Price) x stake
Profit = (182.5p - 177.2p) x £20 per penny stake
Profit = 5.3p x £20 per penny stake
Profit = £106.00 profit
Speculating on shares, by spread betting or otherwise, doesn't always work out as you would have liked. In the above example, you wanted the share price to increase. Naturally, it can also decrease.
If the Vodafone stock decreased, contrary to your expectations, then you could close your position to stop any further losses.
So if the market dropped to 171.0p - 171.3p you would close your position by selling at 171.0p. That would mean you would lose:
Loss = (Settlement Price - Initial Price) x stake
Loss = (171.0p - 177.2p) x £20 per penny stake
Loss = -6.2p x £20 per penny stake
Loss = -£124.00 loss
Note: Vodafone Rolling Daily spread quoted as of 19-Oct-12.
'Vodafone Spread Betting' edited by Jacob Wood, updated 03-Oct-17
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Vodafone Spread Betting
Vodafone spread betting and trading guide with live VOD prices and charts. Plus, daily updates, broker recommendations on Vodafone, where to spread bet on the UK shares tax-free* and commission-free, how to trade... » read from top.
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