Fresnillo Spread Betting
Where Can I Spread Bet on Fresnillo?
At the moment, investors are able to take a view on Fresnillo with any of the following companies:
|Broker Ratings - Sponsored by IG
A look at the latest Fresnillo broker ratings:
|14-Mar-16||Market Perform||BMO Capital Markets||930||1050||12.90%|
|13-Aug-15||Buy||Numis Securities Ltd||660.5||1000||51.40%|
|05-Aug-15||Outperform||RBC Capital Markets||651||800||22.90%|
|23-Jul-15||Outperform||RBC Capital Markets||645.5||850||31.70%|
|12-May-15||Speculative Outperfo||BMO Capital Markets||697||900||29.10%|
|24-Apr-15||Buy||Numis Securities Ltd||729.5||1000||37.10%|
|15-Apr-15||Outperform||RBC Capital Markets||738.5||900||21.90%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Fresnillo?
This CFDs chart gives readers a nice look at the Fresnillo share price.
The Plus 500 chart above usually follows the near-term Fresnillo futures price (not the daily market).
If you'd like to analyse real time spread trading prices/charts for Fresnillo, you might need a spread trading account.
In addition, a spreads account would let you access shorter term spot markets. Accounts are subject to status and suitability checks.
If your account application is approved then, after logging in, you will be able to view the live charts and the current pricing. These are usually provided as part of the service. The catch is that you could receive the odd newsletter or call from the online spread betting firm.
Of course, if you were to trade then, before you start, be aware that CFDs and financial spread betting involve a high level of risk to your funds and losses can exceed your initial deposit.
See below for more on advanced Fresnillo charts.
Fresnillo Analysis & News
Professional Level Charts for Fresnillo Shares
Even though the charting packages tend to vary between firms, in order to assist you with your trading analysis, they generally have valuable tools such as:
Charts from InterTrader also offer more advanced features:
- An array of intervals - 1 minute, 1 hour, 1 day and so on
- Various chart views - OHLC, line and candlestick charts
- Drawing options and tools - trendlines, Fibonacci arcs, fans and time zones
Example chart from FinancialSpreads
- BackTesting, Custom Indicators and Optimisation functions
- Chart overlays - Exponential Moving Average, Ichimoku Clouds, Envelopes and so on
- Secondary charts - Stochastic, Chaikin Volatility, Accumulation Distribution and so on
- Automated alerts when your chosen market reaches a certain price
The spread trading firms listed below give their users access to real time trading prices/charts:
Where Can I Spread Bet on Fresnillo for Free?
Investing in the markets isn't risk free. Nevertheless, if you would like to try a Demo Account, which lets you check trading charts and trial spread betting, see below for further details.
When deciding which trading option might work for you, also remember that spread trading in the UK is currently free of capital gains tax, stamp duty and income tax*.
If you are trying to find a low cost financial spread betting site, you should note that you can take a position on Fresnillo without having to pay any commissions or brokers' fees with:
If you're looking for a free Practice Account / Demo Account which allows users to try out spread betting, and trading markets such as the DAX 30, USD/JPY, EUR/GBP and Fresnillo, then have a look at:
The firms listed above offer a Test Account which lets investors test new strategies, apply a variety of orders and access professional charts, including candlestick and bar charts.
How to Spread Bet on Fresnillo?
Should you want to speculate on companies like Fresnillo then one possibility could be spread betting on the Fresnillo share price.
Logging into Capital Spreads, we can see that they are currently offering the Fresnillo Rolling Daily market at 1904.0p - 1909.0p. As a result, an investor could put a spread bet on the Fresnillo shares:
Increasing higher than 1909.0p, or
Decreasing lower than 1904.0p
When making a spread bet on UK shares you trade in £x per penny. So, if you decided to have a stake of £3 per penny and the Fresnillo share price changes by 34p then that would make a difference to your profit/loss of £102. £3 per penny x 34p = £102.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market which means that unlike a normal spread betting futures market, there is no closing date. Should your trade be left open at the end of the trading day, it simply rolls over to the next trading day.
If a position is rolled over and you are speculating on the market to:
Increase - then you'll pay a small overnight financing fee, or
Decrease - then a small payment will usually be credited to your account
For a more detailed example see Rolling Daily Spread Betting.
Fresnillo Rolling Daily - Shares Trading Example
Now, if we think about the spread of 1904.0p - 1909.0p and make the assumptions that:
Then you may choose to go long of the market at 1909.0p and risk, for the sake of argument, £3 per penny.
- You have done your analysis of the company, and
- Your analysis suggests the Fresnillo share price looks like it will increase and go higher than 1909.0p
So, you gain £3 for every penny that the Fresnillo shares go above 1909.0p. On the other hand, it also means you will make a loss of £3 for every penny that the Fresnillo market decreases below 1909.0p.
Thinking of this in a slightly different way, if you were to buy a spread bet then your profit/loss is calculated by taking the difference between the final price of the market and the price you bought the market at. You then multiply that price difference by the stake.
As a result, if the share price started to rise you might decide to close your spread bet and therefore lock in your profits.
Taking this a step further, if the market did go up then the spread might move to 1947.2p - 1952.2p. You would close/settle your spread bet by selling at 1947.2p. Accordingly, with the same £3 stake your profit would be:
Profit / loss = (Final Price - Opening Price) x stake
Profit / loss = (1947.2p - 1909.0p) x £3 per penny stake
Profit / loss = 38.2p x £3 per penny stake
Profit / loss = £114.60 profit
Spread betting may not go to plan. With this example, you wanted the share price to increase. Nevertheless, the share price can also decrease.
If the Fresnillo shares had started to fall then you could choose to close your position in order to limit your losses.
If the market dropped to 1866.0p - 1871.0p then this means you would settle your spread bet by selling at 1866.0p. Accordingly, your loss would be:
Profit / loss = (Final Price - Opening Price) x stake
Profit / loss = (1866.0p - 1909.0p) x £3 per penny stake
Profit / loss = -43.0p x £3 per penny stake
Profit / loss = -£129.00 loss
Note: Fresnillo Rolling Daily equities market quoted as of 19-Oct-12.
Fresnillo Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Fresnillo with
'Fresnillo Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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