Moneysupermarket Spread Betting Guide

Moneysupermarket Spread Betting Guide

Moneysupermarket Spread Betting Guide

arrow_forwardLive Moneysupermarket Chart
arrow_forwardLive Moneysupermarket Prices
arrow_forwardWhere to Spread Bet on Moneysupermarket
arrow_forwardHow to Spread Bet on Moneysupermarket


Live Moneysupermarket CFD Chart and Prices



Where Can I Spread Bet on Moneysupermarket?

Most of the spread betting brokers will offer prices and charts on shares including Moneysupermarket e.g.:

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Company Shares? Shares
Min Stake
Mobile
Apps
Guaranteed Stop Free If Not Triggered? Inactivity Fee Trading Offer Apply
Financial Spreads Review check_box £0.50 check_boxiOS
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City Index Review check_box £1 check_boxiOS
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cancel £0 cancel Apply

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ETX Capital Review check_box £0.50 check_boxiOS
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IG Review check_box £1-5 check_boxiOS
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How to Spread Bet on Moneysupermarket

For example, let’s say you are interested in taking a position on Moneysupermarket.com, so you look at a spread trading website, e.g. LCG, and get the latest market of:

Moneysupermarket.com Rolling Daily: 115.7p – 116.3p

This is what you can expect with a spread bet.

The Market Moneysupermarket.com Rolling Daily
Spread Trading Price 115.7p – 116.3p
How the Spread Works Now you can take a position on the Moneysupermarket.com Rolling Daily market to push:

  arrow_upward  Higher than 116.3p, or
  arrow_downward  Lower than 115.7p

This is a ‘Rolling Daily’ market and so there is no settlement date for this trade. If you don’t close your position and the session ends then your trade will roll over to the next trading day.

Note: if a trade is rolled over then you will either be charged or credited for overnight financing depending upon whether you are betting on the market to move higher or lower.

To learn more see guide to daily spread bets.
Trading Units Spread trades on the Moneysupermarket.com market are priced in £x per penny.

Where a penny is 1p of the UK equity’s price movement.

E.g. if Moneysupermarket.com moves 35p then you would lose / win 35 multiples of your stake.
Stake Size per Unit You choose how much you want to risk per penny, e.g. £2 per penny, £5 per penny, £15 per penny etc.
Simplified Trading Exercise As an example, if your stake is £2 per penny and Moneysupermarket.com moves by 27p, you would lose or win £2 per penny x 27p = £54.


Fully Worked Trading Example | Buying Moneysupermarket.com

Online spread betting on the UK comparison website’s share drive higher

You Decide to Go Long or Short Moneysupermarket.com going:

  arrow_upward  Higher than 116.3p? or
  arrow_downward  Lower than 115.7p?

Let’s Assume You Decide to Buy   arrow_upward  Higher than 116.3p
You Select Your Stake Size, Let’s Say You Choose £15 per penny
So Now What Happens?
  • You make a gain of £15 for every penny Moneysupermarket.com increases above 116.3p
  • Your spread bet loses £15 for each penny Moneysupermarket.com pushes below 116.3p
If You Are Spread Betting on a Market to Go Up Your Trading Profits (or Losses) = (Closing Level – Initial Level) x stake per penny
 
Scenario 1 Moneysupermarket.com rises and the spread trading market is moved to 121.0p – 121.6p.
Take Your Profit? You may decide to let your trade run or close it in order to lock in a profit. In this instance you choose to close your bet by selling the market at 121.0p.
Your Trading Profits (or Losses) = (Closing Level – Initial Level) x stake per penny
(121.0p – 116.3p) x £15 per penny
4.7p x £15 per penny
Your Trading Profits (or Losses) = £70.50 profit
 
Scenario 2 Moneysupermarket.com drops and the financial spread betting market changes to 111.1p – 111.7p.
Time to Limit the Loss? You can opt to keep your spread bet open or close it to restrict your losses. In this case you decide to close your bet and sell the market at 111.1p.
Your Trading Profits (or Losses) = (Closing Level – Initial Level) x stake per penny
(111.1p – 116.3p) x £15 per penny
-5.2p x £15 per penny
Your Trading Profits (or Losses) = -£78.00 loss


Trading Example | Taking a Short Position on Moneysupermarket.com

Spread betting on the equity to move down

You Decide Whether to Go Long or Short Moneysupermarket.com to move:

  arrow_upward  Higher than 116.3p? or
  arrow_downward  Lower than 115.7p?

You Might Want to Go Short   arrow_downward  Lower than 115.7p
You Decide How Much to Risk, Choosing £15 per penny
So What Happens Now?
  • Your spread bet loses £15 for each penny Moneysupermarket.com pushes higher than 115.7p
  • You make a gain of £15 for each penny Moneysupermarket.com moves below 115.7p
If You Are Betting on a Market to Fall Your Trading Profits (or Losses) = (Initial Level – Closing Level) x stake per penny
 
Scenario 3 Moneysupermarket.com goes lower and the market is adjusted to 107.9p – 108.5p.
Lock in a Profit? At this point, you may choose to let your trade run or close it to lock in your profit. In this case you opt to close your trade by buying the market at 108.5p.
Your Trading Profits (or Losses) = (Initial Level – Closing Level) x stake per penny
(115.7p – 108.5p) x £15 per penny
7.2p x £15 per penny
Your Trading Profits (or Losses) = £108.00 profit
 
Scenario 4 Moneysupermarket.com pushes higher and the spread betting market moves to 123.2p – 123.8p.
Limit the Loss?At this point, you can choose to let your bet run or close it, i.e. close your trade to limit your loss. For this example, you opt to settle your position and buy at 123.8p.
Your Trading Profits (or Losses) = (Initial Level – Closing Level) x stake per penny
(115.7p – 123.8p) x £15 per penny
-8.1p x £15 per penny
Your Trading Profits (or Losses) = -£121.50 loss


Moneysupermarket.com Notes:

AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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