Rio Tinto Spread Bets





Also see Live Rio Tinto chart below.



Where Can I Spread Bet on Rio Tinto?

You can place trades on Rio Tinto with any of these companies:

Financial Spreads ETX Capital Spreadex IG City Index
FTSE 100 Shares Financial Spreads FTSE 100 Shares ETX Capital FTSE 100 Shares Spreadex FTSE 100 Shares IG FTSE 100 Shares City Index FTSE 100 Shares
FTSE 250 Shares Financial Spreads FTSE 250 Shares ETX Capital FTSE 250 Shares Spreadex FTSE 250 Shares IG FTSE 250 Shares City Index FTSE 250 Shares
You may also be available to spread bet on FTSE 350 stocks with other platforms. Also see spread betting comparison notes.


Live Rio Tinto Chart




Live Rio Tinto Chart




Where Can I Get Live Spread Betting Prices and Charts for Rio Tinto?

For anyone financial spread betting on Rio Tinto, the above firms offer live prices and charts that have a broad range of analysis options.

Example spread betting chart:
Rio Tinto Spread Bets - Example Chart



Rio Tinto Spread Betting Example

Rio Tinto Spread Bets
If you are thinking about financial spread betting on shares like Rio Tinto then, on visiting a company like InterTrader.com, at the time of writing you’d get a price of 3353.8p – 3358.2p.

This means you can speculate on Rio Tinto to go above 3358.2p or go below 3353.8p.

When you spread bet, you trade on every unit the market rises or falls. With the Rio Tinto market a unit is 1p of the stock’s price movement.

With this example, let’s say you decide to bet £2 for every penny Rio Tinto goes up or down.


Spread Betting on the Market to Increase

If you went long of Rio Tinto at 3358.2p and the stock increased then the quote could change to 3408.6p – 3413.0p. Therefore, you might decide to close your position at 3408.6p.

Profits (or Losses) = (final level of the market – opening level of the market) x stake per penny
Profits (or Losses) = (3408.6p – 3358.2p) x £2 per penny stake
Profits (or Losses) = 50.4p x £2 per penny
Profits (or Losses) = £100.80 profit

Markets can also fall, if the stock decreased to 3316.2p – 3320.6p, you might want to close your position to prevent further losses. If that were to happen, you would sell at 3316.2p.

You would close your bet with the same £2 per penny stake:

Profits (or Losses) = (final level of the market – opening level of the market) x stake per penny
Profits (or Losses) = (3316.2p – 3358.2p) x £2 per penny stake
Profits (or Losses) = -42.0p x £2 per penny
Profits (or Losses) = -£84.00 loss


Spread Betting on the Market to Decrease

One benefit of spread betting is that investors can sell the markets, i.e. bet that the markets are going to drop.

To start with, the market was 3353.8p – 3358.2p.

If you went short of Rio Tinto at 3353.8p and the stock fell then you might see the quote drop to 3291.5p – 3295.9p. If that happened, you might decide to close your position for a profit by buying at 3295.9p.

Profits (or Losses) = (opening level of the market – final level of the market) x stake per penny
Profits (or Losses) = (3353.8p – 3295.9p) x £2 per penny stake
Profits (or Losses) = 57.9p x £2 per penny
Profits (or Losses) = £115.80 profit

However, if the stock had risen to 3397.6p – 3402.0p, you might want to close your bet to restrict your losses. In that case, you’d buy at 3402.0p.

You would do this with the same £2 per penny stake:

Profits (or Losses) = (opening level of the market – final level of the market) x stake per penny
Profits (or Losses) = (3353.8p – 3402.0p) x £2 per penny stake
Profits (or Losses) = -48.2p x £2 per penny
Profits (or Losses) = -£96.40 loss


Rio Tinto Rolling Daily spread betting market correct as of 11-Aug-17.

This is a Rolling Daily market. This sort of trade doesn’t have a predetermined settlement date and rolls over to the next trading day automatically. If it does roll, then you may be charged a small overnight financing fee or receive a small credit. To learn more, see guide to rolling markets.



Rio Tinto Demo Accounts

But what if you want to try things out? Well, the firms detailed below also offer free test accounts. I.e. accounts that you can use to have a go at spread betting on Rio Tinto without taking on any risk.



User Questions and Answers on Rio Tinto

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