Unilever Spread Betting
Where Can I Spread Bet on Unilever?
At the moment, investors can speculate with no brokers' fees or commissions on Unilever by opening an account with any of the following companies:
|Broker Ratings - Sponsored by IG
A look at the latest Unilever broker ratings:
|11-Mar-16||Outperform||RBC Capital Markets||3109||3200||2.90%|
|26-Feb-16||Outperform||RBC Capital Markets||3135.5||3200||2.10%|
|15-Jan-16||Outperform||RBC Capital Markets||2815.5||3100||10.10%|
|10-Dec-15||Outperform||RBC Capital Markets||2775||3100||11.70%|
|02-Oct-15||Outperform||RBC Capital Mkts||2699||3100||14.90%|
|31-Jul-15||Outperform||RBC Capital Markets||2896||3100||7.00%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Unilever?
The following CFD trading chart and prices will offer you a handy guide to the Unilever market.
The Plus500 chart that we use above is usually based on the underlying Unilever futures price.
Should you want access to spread betting charts and the current pricing for Unilever, you will normally need a spread betting account.
Also, a spreads account would let you access the shorter-term daily markets. Please note that opening an account is normally dependent on status, credit and suitability checks.
Should your new account be accepted then you can log in and access the charts/prices. Usually, these will be free. Having said that, you're likely to receive an occasional call or letter from your firm.
If you do decide to trade then, before you start, remember that contracts for difference and financial spread betting do carry a high degree of risk and it's possible to incur losses that exceed your initial investment.
See below for more on advanced Unilever charts.
Advanced Charts for Unilever Shares
Although the charting packages tend to vary across the industry, to aid your trading analysis, most charts generally have valuable features and tools such as:
Charts provided by Capital Spreads also have advanced features like:
- A large range of time intervals e.g. 15 minutes, 1 hour, 1 week etc.
- Various chart types e.g. line charts and candle charts
- Drawing features e.g. Fibonacci arcs, time zones and fans
Example share trading chart
- Customisable Indicators and BackTesting
- Key chart overlays e.g. Parabolic SAR, Ichimoku Kinko Hyo, Chande Kroll Stop etc.
- More than 30 indicator charts e.g. Chaikin's Money Flow, Relative Volatility Index, Klinger Oscillator etc.
- Custom email alerts that trigger when your chosen market reaches a particular level
The spread betting firms listed below offer clients live trading prices and charts:
Where Can I Spread Bet on Unilever for Free?
By its very nature, speculating isn't risk free, but if you'd like to try a Demo Account (free), where you can try spread betting and access professional level charts, then see below for more details.
Furthermore, in the UK, spread betting is currently tax free*.
If you're looking for a free spread betting platform then keep in mind that you are able to trade Unilever with no commissions and no brokers' fees with companies like:
Should you want to have a look at a completely free Test Account in order to try financial spread betting, and trading markets such as Unilever, then you could look into:
All of the above spread betting firms provide a risk free Practice Account that investors can use to study charts, practice with a range of trading orders and try out ideas.
How to Spread Bet on Unilever?
If an investor is looking to speculate on companies like Unilever then one option could be to spread bet on the Unilever share price.
Logging into SelftradeMarkets, we can see that they are currently valuing the Unilever Rolling Daily market at 2329.8p - 2333.2p. This means you can put a spread bet on the Unilever share price:
Rising above 2333.2p, or
Falling below 2329.8p
Whilst financial spread trading on UK shares you trade in £x per penny. As a result, if your stake was £3 per penny and the Unilever shares move 29p then there would be a difference to your bottom line of £87. £3 per penny x 29p = £87.
Rolling Daily Shares Markets
One important thing to note is that this is a Rolling Daily Market and so it does not have a settlement date. You do not have to close your trade, should it still be open at the end of the trading day, it will roll over to the next session.
If you do roll over a position and you are spread betting that the market will:
Increase - then you will be charged a small overnight financing fee, or
Decrease - then a small payment will usually be credited to your account
To see a fully worked example read Rolling Daily Spread Betting.
Unilever Rolling Daily - Equities Trading Example
Now, if we think about the spread of 2329.8p - 2333.2p and make the assumptions:
Then you might decide that you want to buy at 2333.2p for a stake of, for the sake of argument, £2 per penny.
- You've analysed the stock markets, and
- You think that the Unilever share price looks like it will push higher than 2333.2p
With such a spread bet you win £2 for every penny that the Unilever shares move above 2333.2p. Conversely, however, you will make a loss of £2 for every penny that the Unilever market falls below 2333.2p.
Looked at another way, if you buy a spread bet then your profit/loss is worked out by taking the difference between the closing price of the market and the initial price you bought the spread at. You then multiply that price difference by your stake.
With this in mind, if after a few hours the stock rose then you might want to close your trade in order to lock in your profit.
Therefore, if the market moved up then the spread, set by the spread trading firm, might move up to 2403.2p - 2406.6p. You would close your trade by selling at 2403.2p. Therefore, with the same £2 stake:
P&L = (Settlement Level - Initial Level) x stake
P&L = (2403.2p - 2333.2p) x £2 per penny stake
P&L = 70.0p x £2 per penny stake
P&L = £140.00 profit
Trading equities can work against you. In this case, you wanted the share price to go up. Of course, it could decrease.
If the Unilever shares had started to drop then you might decide to settle/close your position to stop any further losses.
So if the spread pulled back to 2272.5p - 2275.9p then this means you would settle your trade by selling at 2272.5p. That would mean you would lose:
P&L = (Settlement Level - Initial Level) x stake
P&L = (2272.5p - 2333.2p) x £2 per penny stake
P&L = -60.7p x £2 per penny stake
P&L = -£121.40 loss
Note - Unilever Rolling Daily market taken as of 19-Oct-12.
Unilever Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Unilever with
'Unilever Spread Betting' edited by Jacob Wood, 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!