Anglo American Spread Betting
Where Can I Spread Bet on Anglo American?
Currently, investors can trade commission free on Anglo American by opening an account with a number of spread betting companies:
|Broker Ratings - Sponsored by IG
Anglo American Broker Ratings
A look at the latest Anglo American broker ratings:
|11-Mar-16||Underperform||Exane BNP Paribas||512.4||430||-16.10%|
|19-Feb-16||Sector Perform||RBC Capital Markets||429.3||500||16.50%|
|16-Feb-16||Market Perform||BMO Capital Markets||370.65||240||-35.20%|
|15-Feb-16||Sector Perform||RBC Capital Markets||394||300||-23.90%|
|07-Jan-16||Neutral||Exane BNP Paribas||241.55||320||32.50%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Anglo American?
The interactive CFDs chart below provides a useful overview of the Anglo American market.
The above chart is provided by Plus500 and typically uses the Anglo American futures market.
To access spread trading charts and live prices for Anglo American, you may require a spread trading account.
A spreads account also lets you trade on short term daily markets. Please note that opening an account is normally dependent on status and credit checks.
If your new account is approved then you can log on to analyse the real time trading charts/prices. On most platforms, these will be provided for free. The catch is that you are likely to get an occasional sales call and/or email from the relevant provider.
Of course, if you were to trade then, before starting, you should be aware that financial spread betting and CFDs carry a high degree of risk to your funds and you could lose more than your initial investment.
See below for more on advanced Anglo American charts.
Anglo American Analysis & News
Professional Level Charts for Anglo American
Although the charting packages can differ from platform to platform, to help you with your technical analysis, most charts come with user friendly tools and features, including:
The charts provided by Capital Spreads also offer:
- A variety of time intervals - 3 minutes, 1 hour, 4 hours etc
- A variety of chart types - OHLC, candlestick and line charts
- Drawing tools - trendlines, Fibonacci arcs, time zones and fans
Sample FinancialSpreads chart
- Back Testing and Tailored Indicators
- Useful technical overlays - Exponential Moving Average, Ichimoku Clouds, Chande Kroll Stop etc
- Indicators - Momentum, Chaikin's Volatility, Price and Volume Trend etc
- Automatic email alerts when the markets hit a certain level
The spread betting brokers in the following list provide their account holders with live trading prices/charts:
Where Can I Spread Bet on Anglo American for Free?
Investing in the financial markets is not without risk. Having said that, if you want to try a completely free Practice Account, that lets you try spread betting, then see below for more details.
Furthermore, don't forget that spread betting, in the UK, is tax free*, i.e. there is no stamp duty, capital gains tax or income tax.
If you are trying to find a low cost financial spread betting website then you should note that you are able to spread bet on Anglo American with no commissions or brokers' fees with:
If you're looking for a free Test Account / Practice Account which lets you get to grips with online spread betting on markets such as Anglo American, then look into:
All of the above currently offer a Practice Account which investors can use to check charts, try out new ideas and apply a host of orders.
How to Spread Bet on Anglo American?
If an investor wants to invest in firms such as Anglo American then one solution could be to place a spread bet on the Anglo American share price.
Logging onto Selftrade Markets, you can see they are showing the Anglo American Rolling Daily market at 1902.5p - 1905.5p. As a result, you can spread bet on the Anglo American share price:
Increasing higher than 1905.5p, or
Decreasing lower than 1902.5p
Whilst spread betting on UK shares you trade in £x per penny. So, if you invested £3 per penny and the Anglo American share price moves 37p then that would make a difference to your profits (or losses) of £111. £3 per penny x 37p = £111.
Rolling Daily Shares Markets
It's important to note that this is a Rolling Daily Market and so unlike a normal futures market, there is no closing date. If your position is still open at the end of the day, it will roll over to the next session.
If a spread bet is rolled over and you are speculating on the market to:
Increase - then you will usually be charged a small overnight financing fee, or
Decrease - then you will often receive a small payment to your account
To see a fully worked example read Rolling Daily Spread Betting.
Anglo American Rolling Daily - Shares Spread Trading Example
So, if you take the spread of 1902.5p - 1905.5p and assume:
Then you could decide that you are going to buy at 1905.5p for a stake of £2 per penny.
- You have analysed the markets, and
- Your research suggests that the Anglo American shares will move above 1905.5p
Therefore, you win £2 for every penny that the Anglo American shares rise higher than 1905.5p. Having said that, it also means that you will make a loss of £2 for every penny that the Anglo American market goes below 1905.5p.
Put another way, if you were to ‘Buy’ a spread bet then your P&L is calculated by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.
As a result, if the shares moved higher then you might want to close your trade in order to secure your profit.
Taking this a step further, if the market rose then the spread, set by the spreads firm, might be adjusted to 1958.9p - 1961.9p. To settle/close your trade you would sell at 1958.9p. As a result, with the same £2 stake:
Profits (or losses) = (Final Level - Initial Level) x stake
Profits (or losses) = (1958.9p - 1905.5p) x £2 per penny stake
Profits (or losses) = 53.4p x £2 per penny stake
Profits (or losses) = £106.80 profit
Trading equities, whether by spread betting or otherwise, doesn't always go to plan. In this example, you had bet that the share price would increase. Nevertheless, the share price could decrease.
If the Anglo American stock began to fall then you could close your trade in order to restrict your losses.
So if the market fell to 1859.8p - 1862.8p then you would settle your position by selling at 1859.8p. So your loss would be calculated as:
Profits (or losses) = (Final Level - Initial Level) x stake
Profits (or losses) = (1859.8p - 1905.5p) x £2 per penny stake
Profits (or losses) = -45.7p x £2 per penny stake
Profits (or losses) = -£91.40 loss
Note - Anglo American Rolling Daily market correct as of 19-Oct-12.
Anglo American Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Anglo American with
'Anglo American Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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