Kingfisher Spread Betting
Where Can I Spread Bet on Kingfisher?
Currently, investors can spread bet commission free and with no brokers' fees on Kingfisher by opening an account with any of the following spread betting companies:
|Broker Ratings - Sponsored by IG
Kingfisher Broker Ratings
A look at the latest Kingfisher broker ratings:
|07-Mar-16||Underperform||RBC Capital Markets||338.5||325||-4.00%|
|07-Dec-15||Underperform||RBC Capital Markets||349.2||350||0.20%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Kingfisher?
The live CFDs chart and prices below will offer readers a handy overview of the Kingfisher share price.
The chart above is provided by Plus 500 and usually follows the underlying Kingfisher futures price (not the daily market).
If you'd like to look at spread trading prices/charts for Kingfisher, one option is to use a financial spread betting account.
This would also let you access shorter-term daily markets. Users should note that all such accounts are normally dependent on status, credit and suitability checks.
Should your application be approved then, when you log in, you will be able to view the live trading prices and charts. These are normally free. The catch is that you'll probably get the odd sales letter and/or call from the relevant broker.
If you decide to trade then, before starting, be aware that CFDs and spread trading do carry a significant level of risk and it's possible to incur losses that exceed your initial investment.
See below for more on advanced Kingfisher charts.
Kingfisher Analysis & News
Advanced Charting Packages for Kingfisher
Though the charting packages normally vary between platforms, in order to help your analysis, the charts often come with useful tools, including:
Charts offered by Financial Spreads also include more advanced aspects:
- A variety of intervals - 2 minutes, 1 hour, 1 month and so on
- Various chart types - OHLC and candlestick charts
- Tools for drawing features - Fibonacci fans, time zones and arcs
Example equities trading chart from Financial Spreads
- Back Testing tools and Tailored Indicators
- Overlays - Ichimoku Cloud, Moving Average, Chande Kroll Stop and so on
- Over 30 indicators - RSI, Williams %R, Forecast Oscillator and so on
- Customised alerts that trigger when the markets hit a given level
The following spread betting firms give their account holders charts and live prices:
Where Can I Spread Bet on Kingfisher for Free?
Investing is never risk free. Nevertheless, if you want to try a (free) Demo Account, which lets you try financial spread betting and look at charts, then see below for more details.
Also, remember that in the UK, financial spread betting is tax free*, i.e. there is no income tax, capital gains tax or stamp duty.
If you are trying to find a low cost financial spread betting platform, you should keep in mind that investors are able to take a position on Kingfisher without brokers' fees or commissions with companies such as:
If you want to have a look at a completely free Demo Account / Practice Account that allows users to try out spread betting, and trading markets such as Kingfisher, then have a closer look at:
All of the above spread trading firms currently offer a free Demo Account that allows users to apply a range of orders, analyse professional level charts and test theories.
How to Spread Bet on Kingfisher?
If an investor is looking to invest in UK listed companies such as Kingfisher then one option is to spread trade on the Kingfisher share price.
Looking at a spread betting site like Capitalspreads, you can see they are currently showing the Kingfisher Rolling Daily market at 284.8p - 285.4p. This means you can put a spread bet on the Kingfisher share price:
Increasing higher than 285.4p, or
Decreasing lower than 284.8p
Whilst financial spread betting on FTSE 350 equities you trade in £x per penny. As a result, should you decide to risk £4 per penny and the Kingfisher shares move 27p then that would alter your P&L by £108. £4 per penny x 27p = £108.
Rolling Daily Shares Markets
One important thing to note is that this is a Rolling Daily Market and so unlike a normal futures market, there is no settlement date. If your trade is still open at the end of the trading day, it will stay open and roll over into the next day.
If you do roll over a trade and you are spread betting that the market will:
Rise - then you'll usually be charged a small overnight financing fee, or
Fall - then you'll usually receive a small credit to your account
If you would like a fully worked example then see Rolling Daily Spread Betting.
Kingfisher Rolling Daily - Shares Spread Trading Example
If we take the spread of 284.8p - 285.4p and make the assumptions that:
Then you may buy at 285.4p for a stake of £15 per penny.
- You have analysed the company, and
- Your analysis suggests the Kingfisher share price looks like it will go higher than 285.4p
So, you win £15 for every penny that the Kingfisher shares increase and go above 285.4p. Of course, such a bet also means that you will make a loss of £15 for every penny that the Kingfisher market moves below 285.4p.
Considering this from another angle, if you buy a spread bet then your profits (or losses) are calculated by taking the difference between the closing price of the market and the price you bought the spread at. You then multiply that price difference by your stake.
If after a few days the share price rose then you might consider closing your trade in order to guarantee your profit.
As an example, should the market rise, the spread might change to 292.6p - 293.2p. You would close your trade by selling at 292.6p. Accordingly, with the same £15 stake this trade would make you a profit of:
Profit = (Final Price - Opening Price) x stake
Profit = (292.6p - 285.4p) x £15 per penny stake
Profit = 7.2p x £15 per penny stake
Profit = £108.00 profit
Spread betting on shares can work against you. In the above example, you wanted the share price to increase. Of course, the share price could decrease.
If the Kingfisher shares weakened, against your expectations, then you might decide to settle/close your trade in order to limit your losses.
Should the market fall back to 279.3p - 279.9p then you would close your spread bet by selling at 279.3p. This would result in a loss of:
Loss = (Final Price - Opening Price) x stake
Loss = (279.3p - 285.4p) x £15 per penny stake
Loss = -6.1p x £15 per penny stake
Loss = -£91.50 loss
Note: Kingfisher Rolling Daily spread taken as of 19-Oct-12.
Kingfisher Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Kingfisher with
'Kingfisher 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!