Rank Spread Betting
Where Can I Spread Bet on Rank?
You can currently financial spread bet on Rank with an account from any of these spread betting providers:
|Broker Ratings - Sponsored by IG
A look at the latest Rank broker ratings:
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Spread Bet on Rank for Free?
Speculating on the financial markets always includes an element of risk, however, if you'd like to try a Test Account, where you can access charts and try out spread betting, see below for more details.
When thinking about which investment option is right for you, also remember that spread betting, in the UK, is currently free of capital gains tax, income tax and stamp duty*.
If you are interested in a free spread trading site, keep in mind that investors can spread bet on Rank with no brokers' fees or commissions through providers like:
If you would like to open a (free) virtual money Practice Account / Demo Account where users are able to try financial spread betting on markets like Rank, then you could take a look at:
Each of the above spread trading companies currently offer a risk free Test Account that allows investors to test new ideas, gain experience with trading orders and use professional charts.
How to Spread Bet on Rank?
Should you want to speculate on firms like Rank then one possibility is to spread trade on the Rank share price.
Looking at a spread betting site like SelftradeMarkets, you can see that they have put the Rank Rolling Daily market at 146.6p - 147.2p. This means you can put a spread bet on the Rank shares:
Increasing higher than 147.2p, or
Decreasing lower than 146.6p
When financial spread trading on UK shares you trade in £x per penny. Therefore, should you decide to risk £4 per penny and the Rank shares move 21p then that would make a difference to your bottom line of £84. £4 per penny x 21p = £84.
Rolling Daily Equities Markets
You should note that this is a Rolling Daily Market which means that it does not have a set closing date. You do not have to close your position, should it still be open at the end of the trading day, it will stay open and roll over into the next day.
Should your spread bet roll over, if you are speculating that the market will:
Go up - then you'll usually be charged a small overnight financing fee, or
Go down - then you'll usually receive a small credit to your account
You can learn more in our feature Rolling Daily Spread Betting.
Rank Rolling Daily - Shares Trading Example
So, if you consider the above spread of 146.6p - 147.2p and make the assumptions:
Then you may choose to go long of the market at 147.2p and invest, letís say, £20 per penny.
- You've completed your analysis of the company, and
- Your research leads you to think that the Rank shares are likely to go above 147.2p
So, you win £20 for every penny that the Rank shares increase and move higher than 147.2p. Having said that, such a bet also means that you will lose £20 for every penny that the Rank market falls below 147.2p.
Put another way, if you were to buy a spread bet then your profits (or losses) are calculated by taking the difference between the settlement price of the market and the price you bought the spread at. You then multiply that difference in price by the stake.
As a result, if after a few sessions the stock started to rise you might decide to close your trade so that you can secure your profit.
If that happened then the spread, set by the spread trading firm, might move up to 153.8p - 154.4p. You would settle your position by selling at 153.8p. Therefore, with the same £20 stake you would make:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = (153.8p - 147.2p) x £20 per penny stake
Profits (or losses) = 6.6p x £20 per penny stake
Profits (or losses) = £132.00 profit
Trading shares may not go to plan. In this case, you wanted the share price to go up. Of course, the share price can also fall.
If the Rank shares decreased, contrary to your expectations, then you might choose to close your trade to stop any further losses.
If the market fell to 141.5p - 142.1p then you would close your position by selling at 141.5p. If so, that would mean you would lose:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = (141.5p - 147.2p) x £20 per penny stake
Profits (or losses) = -5.7p x £20 per penny stake
Profits (or losses) = -£114.00 loss
Note - Rank Rolling Daily market taken as of 31-Oct-12.
Where Can I Find Live Prices and Charts for Rank?
To analyse live charts and the current prices for Rank, you can use a spread trading account. Note: Accounts are normally dependent on status, credit and suitability checks.
If your application is accepted, you can log on and see the charts and live prices. These are usually provided for free. So what's the catch? You might receive the occasional call and/or email from your chosen spread trading firm.
Of course, if you do spread bet then, before starting, be aware that spread betting carries a high level of risk to your capital and can result in you losing more than your initial deposit.
Despite the fact that the charts can differ between firms, most charts usually have valuable features such as:
Charts with FinancialSpreads also come with:
- A number of different intervals such as 5 minutes, 1 hour, 1 day etc.
- Various chart types such as line, OHLC and candlestick charts
- Drawing features such as Fibonacci Retracements and Trendlines
Sample equity trading chart from FinancialSpreads.com
- BackTesting, Tailored Indicators and Optimisation tools
- Overlays such as EMA, Bollinger Bands, Chande Kroll Stop etc.
- More than 30 secondary charts such as MACD, Average Directional Index, Ultimate Oscillator etc.
- Automatic email alerts when a market hits a specific level
The spread betting brokers in the list below offer users live trading charts/prices:
Rank Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Rank with
'Rank Spread Betting' edited by DB, updated 03-Oct-17
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