Evraz Spread Betting
Where Can I Spread Bet on Evraz?
At the moment, you can trade Evraz, and a variety of other related markets, with providers like:
|Broker Ratings - Sponsored by IG
A look at the latest Evraz broker ratings:
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Evraz?
The real time CFD trading chart below offers you a useful insight into the Evraz market.
The Plus 500 chart that we use above normally tracks the underlying Evraz futures contract (not the spot price).
To analyse real time financial spread betting charts and prices for Evraz, you will generally require a spread betting account.
Also, a spreads account would give you access to shorter term daily markets. Users should note that opening such an account is normally dependent on suitability, status and credit checks.
Should your application be approved, you will be able to log in and review the prices and live charts. On most platforms, these will be provided for free, however, the catch is that you'll probably get the odd sales letter and/or email from the relevant financial spread betting broker.
Of course, if you decide to trade then, before you start, you should be aware that CFDs and spread trading carry a high degree of risk to your capital and can result in losses that exceed your initial investment.
See below for more on advanced Evraz charts.
Advanced Charting Packages for Evraz Shares
Whilst charting software and packages vary from platform to platform, in order to aid your analysis, they usually come with user friendly tools such as:
The charts on Financial Spreads also include advanced features like:
- An array of intervals - 2 minutes, 30 minutes, 1 day and so on
- A variety of chart types - candlestick and OHLC charts
- Drawing features - Trendlines, Fibonacci Time Zones, Arcs and Fans
- Tailored Indicators and Back Testing tools
- Important chart overlays - Parabolic SAR, Bollinger Bands, Linear Regression and so on
- A wide selection of indicator charts - RVI, Standard Deviation, CCI and so on
- Custom alerts when the markets reach a specific price
The following spread betting firms give their clients access to real time trading prices and charts:
Where Can I Spread Bet on Evraz for Free?
Trading the markets isn't without risk. Having said that, if you'd like to try a (free) Test Account, where you can try financial spread betting, then see below.
Furthermore, don't forget that, in the UK, financial spread betting is tax free*, i.e. there is no capital gains tax, stamp duty or income tax.
If you're trying to find a free financial spread betting website, note that you can take a view on Evraz with no brokers' fees or commissions with firms like:
If you are looking for a completely free Practice Account to get a feel for spread betting, and trading markets such as Evraz, then you can always have a closer look at:
The above spread trading companies currently provide a Demo Account that allows investors to use charts, test new trading ideas and apply a range of orders, e.g. OCO and GFD orders.
How to Spread Bet on Evraz?
If you decide to speculate on firms like Evraz then one option could be to spread bet on the Evraz share price.
Looking at a site like Selftrade Markets, we can see that they are offering the Evraz Rolling Daily market at 250.0p - 250.9p. This means that you can put a spread bet on the Evraz share price:
Moving higher than 250.9p, or
Moving lower than 250.0p
When spread betting on UK shares you trade in £x per penny. As a result, if you chose to risk £4 per penny and the Evraz share price moves 33p then that would make a difference to your P&L of £132. £4 per penny x 33p = £132.
Rolling Daily Shares Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore there is no preset settlement date for this market. You do not have to close your position, should it still be open at the end of the trading day, it just rolls over into the next session.
If a spread bet is rolled over and you are speculating on the market to:
Rise - then you are charged a small overnight financing fee, or
Fall - then you'll normally receive a small credit to your account
For a fully worked example see Rolling Daily Spread Betting.
Evraz Rolling Daily - Equities Spread Trading Example
If we continue with the spread of 250.0p - 250.9p and make the assumptions:
Then you may decide that you want to buy a spread bet at 250.9p and risk, let’s say, £15 per penny.
- You've done your analysis of the stock market, and
- Your research leads you to think that the Evraz shares look like they will move above 250.9p
So, you gain £15 for every penny that the Evraz shares increase and move higher than 250.9p. Nevertheless, you will make a loss of £15 for every penny that the Evraz market moves below 250.9p.
Thinking of this in a slightly different way, should you ‘Buy’ a spread bet then your profit/loss is worked out by taking the difference between the settlement 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 sessions the shares started to increase then you might think about closing your trade to lock in your profit.
Taking this a step further, if the market rose then the spread, set by the spread betting company, could change to 259.2p - 260.1p. To settle/close your trade you would sell at 259.2p. As a result, with the same £15 stake your profit would come to:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (259.2p - 250.9p) x £15 per penny stake
Your P&L = 8.3p x £15 per penny stake
Your P&L = £124.50 profit
Speculating on equities can work against you. With this example, you had bet that the share price would go up. However, the share price can also fall.
If the Evraz share price decreased, contrary to your expectations, then you might choose to close your spread bet to limit your losses.
Should the spread drop to 241.5p - 242.4p then this means you would sell back your position at 241.5p. If so, this would result in a loss of:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (241.5p - 250.9p) x £15 per penny stake
Your P&L = -9.4p x £15 per penny stake
Your P&L = -£141.00 loss
Note: Evraz Rolling Daily market correct as of 19-Oct-12.
Evraz Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Evraz with
'Evraz Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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