Mexico 35 Spread Betting
Where Can I Spread Bet on the Mexico 35? |
You can currently spread bet on the Mexico 35 and other indices at:
» IG » GFT
The Mexico 35 index may be available with other brokers.
Where Can I Trade the Mexico 35 for Free? |
It depends upon what you mean by free. If you are looking for a free spread betting platform then don't forget that in the UK spread betting is tax free*
You can also spread bet on the Mexico 35 and other index markets commission free and with no brokers' fees with IG Index.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
How to Spread Bet on the Mexico 35? |
As with many global financial markets, an investor can spread bet on stock market indices, like the Mexico 35, to either increase or decrease.
If you were to look at the IGIndex spread betting website, they are currently showing the Mexico 35 March Futures market at 36530 - 36600. As a result, you can spread trade on the Mexico 35 index:
- Settling above 36600, or
- Settling below 36530
On the closing date for this 'March' market, 18-Mar-11.
Whilst spread betting on the Mexico 35 index you trade in £x per point. As a result, if you invested £0.50 per point and the Mexico 35 moves 100 points then that would be a difference to your profit/loss of £50. £0.50 per point x 100 points = £50.
For short term trading on indices also see Indices Rolling Daily Spread Betting.
Mexico 35 Futures Trading Example
If you think about the spread of 36530 - 36600 and assume that:
- you have completed your analysis of the markets, and
- you think that the Mexico 35 index will close above 36600 by 18-Mar-11
then you could choose to buy at 36600 and risk, let’s say, £0.25 per point.
With such a spread bet you win £0.25 for every point that the Mexico 35 index rises higher than 36600. Of course, such a bet also means that you will make a loss of £0.25 for every point that the Mexico 35 market decreases lower than 36600.
Put another way, if you were to buy a spread bet then your profits (or losses) are found by taking the difference between the settlement price of the market and the initial price you bought the spread at. You then multiply that price difference by the stake.
Subsequently, if, on the expiry date, the Mexico 35 index finished higher at 37076, then:
Profits (or losses) = (Settlement Level - Initial Level) x stake
Profits (or losses) = (37076 - 36600) x £0.25 per point stake
Profits (or losses) = 476 x £0.25 per point stake
Profits (or losses) = £119.00 profit
Trading stock market indices, whether by spread trading or otherwise, is not straightforward. With the above, you wanted the index to increase. Nevertheless, it might decrease.
If the Mexico 35 decreased and settled at 36161, you would end up losing this trade.
Profits (or losses) = (Settlement Level - Initial Level) x stake
Profits (or losses) = (36161 - 36600) x £0.25 per point stake
Profits (or losses) = -439 x £0.25 per point stake
Profits (or losses) = -£109.75 loss
Note: Mexico 35 March Futures market taken as of 24-Feb-11.
Where Can I Find Free Live Mexico 35 Prices? |
If you want to access quick live market information then you could do worse than opening an account with a spread betting company like IG Index.
Also, you don't have to trade with them, if you just open an account (which is free to do) then their data is free. The catch? You'll get the odd email or letter from them. In the example below you can also see that their free charts are also useful.
As mentioned above, you can get free charts with spread betting companies like IG.
As with most candlestick charts, you can alter the charts to see market data by the minute, by the hour, by the week etc. There are also a number of other settings designed to help you analyse the markets.
Example Stock Market Charts:
Financial Spreads » "With FinancialSpreads.com you get all the advantages of Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
'Mexico 35 Spread Betting' edited by Jacob Wood, updated 13-Apr-17
For related articles also see:
Stock Market Spread Betting, updated 23-Mar-18
We have stock market updates and analysis throughout the day. Our stock market guide also has live prices, charts, a spread betting comparison, tips on where to trade commission-free, tax-free* and... » read guide.
Stock Market Trading, updated 11-Jul-16
A look at popular stock market trading accounts, commission free accounts, charts, a price comparison, how to buy/sell a stock market index, regular analysis and... » read guide.
FTSE 100 Spread Betting, updated 23-Mar-18
FTSE 100 financial spread betting guide with a price comparison and daily analysis. Plus live FTSE 100 charts & prices, where to spread bet on the stock market index commission-free and... » read guide.
Dow Jones Spread Betting, updated 20-May-18
Dow Jones financial spread betting guide with a price comparison and daily analysis. Plus live Dow Jones charts & prices, where to spread bet on the stock market index commission-free and... » read guide.
German Stock Market Spread Betting, updated 23-Mar-18
German stock market spread betting guide with a price comparison, daily analysis, live charts & prices for the DAX 30, MDAX and German shares. Plus where to spread bet on the Frankfurt stock market commission-free and... » read guide.
S&P 500 Spread Betting, updated 20-May-18
S&P 500 financial spread betting guide with a price comparison and daily analysis. Plus live S&P 500 charts & prices, where to spread bet on the stock market index commission-free and... » read guide.
NASDAQ 100 Spread Betting, updated 23-Mar-18
Nasdaq 100 financial spread betting guide with a price comparison and daily analysis. Plus live Nasdaq 100 charts & prices, where to spread bet on the stock market index commission-free and... » read guide.
Nikkei 225 Spread Betting, updated 20-May-18
Nikkei 225 financial spread betting guide with daily analysis. Plus live Nikkei 225 charts & prices, where to spread bet on the stock market index commission-free and tax-free* as well as... » read guide.
About this page:
Mexico 35 Spread Betting
In our Mexico 35 spread betting guide we review where to get live charts, where to spread bet on the Mexico 35 stock market index tax-free* and with 0% commission, how to trade and... » read from top.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|