Spread Betting on the American Express Share Price (AXP)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on American Express?

FinancialSpreads provides clients with a large variety of shares like American Express, Glencore, Coca Cola and Orange, plus numerous other international equities.

Where Can I Access Live Prices for the American Express Market?

With FinancialSpreads clients can speculate on numerous live prices like American Express and a range of other shares, stock market indices, foreign exchange and commodities markets.

Where Can I Get Live American Express Charts?

When trading with a Financial Spreads account investors can use real time charts for American Express and over 1,000 other markets.

The charts include a range of advanced options:
Example FinancialSpreads share spread trading chart:

Shares Spread Betting Charts



How to Financial Spread Bet on American Express

Let's suppose you go on FinancialSpreads.com and the trading platform is showing a price of:

  American Express Rolling Cash Sell

7736.0
Buy

7744.0


This is an example of how it works

Spread Betting Market:American Express Rolling Cash
The Spread Betting Price:7736.0¢ - 7744.0¢
How This Works:Now you can bet on the American Express Rolling Cash market to push:

  Spread Betting Above 7744.0¢, or
  Spread Betting Below 7736.0¢

This is a Rolling spread betting market meaning that it does not have an expiry date. If you haven't closed your position and the session ends then your position will automatically roll over into the next session.

If a trade is rolled over then you will either be charged or receive a small fee for overnight financing based on whether you are speculating on the market to rise or fall. For additional information also see Rolling Spread Betting.
Trading Units:Financial spread bets on the American Express market are priced in £x per cent price movement.

E.g. if American Express moves by 45.0¢ then you would lose / win 45 times your stake.
Stake per Unit:You decide how much you want to risk per cent, e.g. £2 per cent, £5 per cent, £10 per cent etc.
Short Staking Exercise:With that in mind, if you decided on a stake of £3 per cent and American Express changes by 34.0¢, you would gain or lose £3 per cent x 34.0¢ = £102.


Trading Example - Taking a Bullish View of American Express

Financial spread betting on the US share to rise

You Choose to Go Long or Short: American Express going:

  Spread Betting Above 7744.0¢? or
  Spread Betting Below 7736.0¢?

Let's Assume You Buy:   Spread Betting Above 7744.0¢
You Select Your Stake, Let's Say You Opt For: £1 per cent
So What Happens Now?
  • You gain £1 for each cent American Express increases higher than 7744.0¢
  • You lose £1 for every cent American Express pushes lower than 7744.0¢
If You Are Speculating on a Market to Rise Your P/L = (Closing Price - Opening Price) x stake
 
Trading Situation 1
American Express rises and the market is revised and changes to 7848.5¢ - 7856.5¢. I.e. you would see:   7848.5   7856.5
Time to Lock in Your Profit? At this point, you can choose to let your trade run or close it and take your profit. In this case you decide to settle your position by selling at 7848.5¢.
Your P/L = (Closing Price - Opening Price) x stake
(7848.5¢ - 7744.0¢) x £1 per cent
104.5¢ x £1 per cent
Your P/L = £104.50 profit
 
Trading Situation 2
American Express pushes lower and the financial spread betting market is revised and set at 7624.0¢ - 7632.0¢, i.e. you'd see:   7624.0   7632.0
Limit the Loss? At this point, you could opt to leave your bet open or close it, i.e. close your spread bet to limit your loss. In this case you decide to close your position and sell at 7624.0¢.
Your P/L = (Closing Price - Opening Price) x stake
(7624.0¢ - 7744.0¢) x £1 per cent
-120.0¢ x £1 per cent
Your P/L = -£120.00 loss


Worked Trading Example - Taking a Bearish View of American Express

Spread betting on the US share to fall in value

You Now Work Out Whether to Buy or Sell: American Express to go:

  Spread Betting Above 7744.0¢? or
  Spread Betting Below 7736.0¢?

Let's Say You Want to Go Short:   Spread Betting Below 7736.0¢
You Select How Much to Risk, Let's Say You Select: £2 per cent
What Next?
  • You lose £2 for every cent American Express increases above 7736.0¢
  • You gain £2 for every cent American Express moves lower than 7736.0¢
If You Are Speculating on a Market to Go Down Your P/L = (Opening Price - Closing Price) x stake
 
Trading Situation 3
American Express falls and the spread betting market is revised and moved to 7654.9¢ - 7662.9¢, so you would see:   7654.9   7662.9
Time to Take a Profit? At this point, you may decide to let your trade run or close it in order to lock in a profit. In this example you choose to close your trade and buy at 7662.9¢.
Your P/L = (Opening Price - Closing Price) x stake
(7736.0¢ - 7662.9¢) x £2 per cent
73.1¢ x £2 per cent
Your P/L = £146.20 profit
 
Trading Situation 4
American Express pushes higher and the spread trading market is moved to 7811.9¢ - 7819.9¢, i.e. on Financial Spreads you would see:   7811.9   7819.9
Limit Your Loss?At this point, you may choose to let your bet run or close it to restrict your losses. For this example, you opt to close your position by buying at 7819.9¢.
Your P/L = (Opening Price - Closing Price) x stake
(7736.0¢ - 7819.9¢) x £2 per cent
-83.9¢ x £2 per cent
Your P/L = -£167.80 loss

Where Can I Practice Financial Spread Betting on American Express?

FinancialSpreads offers a free Practice Account that allows investors to try out trading orders, try out new theories, practice spread betting and CFD trading and access the real time charts on markets including American Express.

The Financial Spreads Demo Account has a variety of markets including stocks, indices, commodity markets and FX pairs.


More on American Express Co. (AXP)



The ticker code for American Express is 'AXP', for more news and data on the American firm, also see: Financial Spreads is not responsible for the content of external / third party websites.



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