BT Spread Betting
Where Can I Spread Bet on BT?
At the moment, you can financial spread bet without paying any commissions on BT, plus a range of related financial markets, through providers such as:
|Broker Ratings - Sponsored by IG
A look at the latest BT broker ratings:
|09-Mar-16||Underperform||Exane BNP Paribas||461.5||410||-11.20%|
|26-Feb-16||Outperform||RBC Capital Markets||484.95||570||17.50%|
|25-Jan-16||Outperform||RBC Capital Markets||480.1||580||20.80%|
|08-Dec-15||Underperform||Exane BNP Paribas||477.7||410||-14.20%|
|30-Oct-15||Outperform||RBC Capital Markets||466.9||580||24.20%|
|28-Oct-15||Underperform||Exane BNP Paribas||464.95||355||-23.60%|
|28-Sep-15||Outperform||RBC Capital Mkts||420.2||570||35.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Prices and Charts for BT?
The real-time CFDs chart and prices below will offer you a helpful guide to the BT share price.
The chart above is from Plus 500 and is typically based on the BT futures price.
If you'd like to review live spread trading charts and prices for BT, you generally need a spread trading account.
This would also let you speculate on the shorter-term spot prices. Readers should note that accounts are subject to suitability and status checks.
If your new account is accepted then, once logged on, you will be able to view the real time charts/prices. On most platforms, these are free. The catch? You could receive the odd newsletter and/or sales call from your chosen company.
If you want to trade then, before starting, you should be aware that financial spread betting and contracts for difference carry a significant level of risk and it is possible to incur losses that exceed your initial deposit.
See below for more on advanced BT charts.
Advanced Charting Packages for BT Shares
Despite the fact that the specific charting packages normally differ across the various platforms, to help you with your trading analysis, most charts have valuable features and tools, including:
The charts provided by Capital Spreads also come with advanced features like:
- A range of time intervals such as 1 minute, 4 hours, 1 month etc.
- Various chart views such as candlestick charts and line charts
- Tools for drawing and adding features such as Fibonacci Fans, Arcs and Time Zones
Financial Spreads equities trading chart
- Back Testing, Custom Indicators and Optimisation functions
- Numerous chart overlays such as Ichimoku Cloud, EMA, Price Channels etc.
- A selection of indicators such as Average Directional Index, MACD, Klinger Oscillator etc.
- Custom alerts when your chosen market hits a certain price
The following financial spread betting firms give account holders access to real-time trading prices and charts:
Where Can I Spread Bet on BT for Free?
Investing in the financial markets involves an element of risk. However, if you want to open a Test Account (free), which lets you try out financial spread betting on an array of markets, please see below.
Also, remember that in the UK, spread betting is currently free of capital gains tax, stamp duty and income tax*.
If you want to try a free spread trading site, you should note that you are able to take a view on BT with no brokers' fees through companies like:
Should you want to have a look at a Demo Account / Test Account that allows you to try out financial spread betting, including trading markets like BT, then you can always have a look at:
All of the above spread betting firms currently offer a Test Account that lets users try out new strategies, apply an array of orders and review professional charts.
If you are going to speculate on UK listed companies such as BT then one solution could be spread betting on the BT share price.
Logging into InterTrader, you can see that they are valuing the BT Rolling Daily market at 219.6p - 220.2p. As a result, an investor could spread bet on the BT share price:
Increasing higher than 220.2p, or
Decreasing lower than 219.6p
When spread trading on UK shares you trade in £x per penny. Therefore, if you choose to have a stake of £2 per penny and the BT share price moves 34p then that would be a difference to your bottom line of £68. £2 per penny x 34p = £68.
Rolling Daily Equities Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore there is no set settlement date for this market. If your trade is still open at the end of the trading day, it will just roll over into the next trading session.
If you do roll over a bet and you are spread betting that the market will:
Move up - then you will often be charged a small financing fee, or
Move down - then you'll often receive a small payment to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
BT Rolling Daily - Shares Trading Example
Now, if you consider the above spread of 219.6p - 220.2p and make the assumptions:
Then you could decide that you are going to buy a spread bet at 220.2p and risk, for example, £15 per penny.
- You've done your stock market research, and
- Your research suggests the BT shares are likely to increase and go higher than 220.2p
So, you win £15 for every penny that the BT shares move above 220.2p. However, such a bet also means that you will lose £15 for every penny that the BT market moves below 220.2p.
Looking at this from another angle, if you were to ‘Buy’ a spread bet then your P&L is worked out by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.
As a result, if after a few hours the shares started to increase then you might think about closing your position and therefore lock in your profits.
Taking this a step further, if the market did go up then the spread, determined by the spread betting company, might change to 227.9p - 228.5p. In order to close your position you would sell at 227.9p. As a result, with the same £15 stake you would make:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (227.9p - 220.2p) x £15 per penny stake
Your P&L = 7.7p x £15 per penny stake
Your P&L = £115.50 profit
Speculating on shares, whether by spread betting or otherwise, doesn't always work out as you would have liked. In this example, you had bet that the share price would rise. Nevertheless, the share price can also decrease.
If the BT share price had started to drop then you might decide to settle/close your trade to limit your losses.
So if the market dropped to 211.4p - 212.0p then you would sell back your position at 211.4p. As a result, your loss would be:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (211.4p - 220.2p) x £15 per penny stake
Your P&L = -8.8p x £15 per penny stake
Your P&L = -£132.00 loss
Note - BT Rolling Daily spread betting price quoted as of 19-Oct-12.
BT Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on BT with
'BT Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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