IAG Spread Betting
Where Can I Spread Bet on IAG?
At the moment, you are able to spread bet with zero commissions and no brokers' fees on IAG by opening an account with a number of providers:
|Broker Ratings - Sponsored by IG
A look at the latest IAG broker ratings:
|26-Feb-16||Outperform||RBC Capital Markets||550||660||20.00%|
|23-Feb-16||Buy||Oddo & Cie||544||855.58||57.30%|
|13-Jan-16||Buy||Ahorro Corporacion Financiera SA||601||823.29||37.00%|
|07-Jan-16||Buy||Ahorro Corporacion Financiera SA||588.5||819.98||39.30%|
|23-Dec-15||Buy||Ahorro Corporacion Financiera SA||596.5||809.53||35.70%|
|22-Dec-15||Buy||Ahorro Corporacion Financiera SA||599.5||806.44||34.50%|
|17-Dec-15||Buy||Ahorro Corporacion Financiera SA||602||800.29||32.90%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for IAG?
The contracts for difference chart below gives you a handy look at the IAG market.
The above chart from Plus 500 is normally based on the IAG futures contract (not the daily market).
If you want to analyse real-time spread betting charts and prices for IAG, you generally need a spread trading account.
You can also use a spreads account to trade spot prices. Please note that such accounts are subject to status and suitability checks.
If your account application is accepted then, after logging on, you will be able to look at the real time prices and charts. These are normally free, however, the catch is that you're likely to receive an occasional newsletter and/or call from your spread trading broker.
Of course, if you were to trade then be aware that financial spread betting and CFDs do involve a high degree of risk and you can incur losses that exceed your initial investment.
See below for more on advanced IAG charts.
International Consolidated Airlines Analysis & News
About International Consolidated Airlines
Advanced Charts for IAG Shares
Even though the charts tend to vary across the industry, to aid your trading analysis, most charts have useful features, including:
Charts on CapitalSpreads also have advanced features like:
- A variety of intervals such as 2 minutes, 30 minutes, 4 hours etc.
- Different display options such as line charts and candlestick charts
- Tools for drawing features such as Fibonacci fans, time zones and arcs
FinancialSpreads.com trading chart
- Tailored Indicators, Back Testing and Optimisation functions
- Useful chart overlays such as Ichimoku Clouds, Moving Averages, Linear Regression etc.
- More than 30 indicators such as Average Directional Index, True Strength Index, % Price Oscillator etc.
- Automated alerts for when your chosen market reaches a certain level
The spread betting companies in the list below give their users access to live trading prices/charts:
Where Can I Spread Bet on IAG for Free?
Investing always includes an element of risk. Nevertheless, if you want to open a (free) Test Account, that allows you to check professional level charts and try out spread betting, then see below.
In addition, remember that spread betting in the UK is tax free*, i.e. there is no capital gains tax, income tax or stamp duty.
If you are interested in a free online spread betting platform, you should keep in mind that investors can trade IAG without brokers' fees or commissions through companies such as:
If you would like to open a Test Account which allows you to get a better understanding of spread betting on markets such as gold, the FTSE 100, USD/JPY and IAG, then you could consider:
The spread betting companies listed above currently provide a risk free Practice Account that allows investors to look at charts, gain experience with a range of orders and test trading theories.
How to Spread Bet on IAG?
If an investor wants to invest in UK listed companies like IAG then one possibility could be spread betting on the IAG share price.
Looking at a platform like Inter Trader, you can see they are valuing the IAG Rolling Daily market at 163.2p - 163.6p. This means an investor could spread bet on the IAG shares:
Moving higher than 163.6p, or
Moving lower than 163.2p
Whilst making a spread bet on UK equities you trade in £x per penny. Therefore, if your stake was £4 per penny and the IAG share price changes by 25p then there would be a difference to your profits (or losses) of £100. £4 per penny x 25p = £100.
Rolling Daily Equities Markets
You should note that this is a 'Rolling Daily Market', therefore in contrast with futures markets, there is no settlement date. If you leave your position open at the end of the day, it will simply roll over to the next session.
If a bet is rolled over and you are speculating on the market to:
Go higher - then you are normally charged a small financing fee, or
Go lower - then you'll usually receive a small credit to your account
Our article Rolling Daily Spread Betting goes into more detail about Rolling Daily Markets and includes a fully worked example.
IAG Rolling Daily - Shares Spread Trading Example
Now, if you take the spread of 163.2p - 163.6p and make the assumptions:
Then you may decide that you want to go long of the market at 163.6p and invest, for the sake of argument, £20 per penny.
- You've completed your analysis of the stock market, and
- Your analysis leads you to feel the IAG shares will increase and move above 163.6p
With such a spread bet you win £20 for every penny that the IAG shares increase and go higher than 163.6p. Conversely, however, you will lose £20 for every penny that the IAG market goes below 163.6p.
Put another 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 initial price you bought the spread at. You then multiply that price difference by the stake.
With this in mind, if after a few days the share price started to move upwards then you could choose to close your position to lock in your profit.
So if the market rose then the spread, set by the spread trading firm, might move up to 168.2p - 168.6p. You would close your spread bet by selling at 168.2p. Therefore, with the same £20 stake your profit would be calculated as:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (168.2p - 163.6p) x £20 per penny stake
Profit / loss = 4.6p x £20 per penny stake
Profit / loss = £92.00 profit
Trading shares, whether by spread trading or otherwise, is not straightforward. In the above example, you had bet that the share price would rise. Nevertheless, the share price can also fall.
If the IAG stock had started to drop then you might decide to settle/close your trade in order to restrict your losses.
Should the spread drop to 158.1p - 158.5p you would settle your position by selling at 158.1p. Therefore, you would make a loss of:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (158.1p - 163.6p) x £20 per penny stake
Profit / loss = -5.5p x £20 per penny stake
Profit / loss = -£110.00 loss
Note: IAG Rolling Daily spread betting market accurate as of 19-Oct-12.
IAG Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on IAG with
'IAG Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
For related articles also see:
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!