Financial Spread Betting on the ING Share Price

Support: +44 (0) 203 301 0483 | support@financialspreads.com
Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on ING Group?

FinancialSpreads.com provides clients with a wide range of equities spread betting and contracts for difference markets like ING Group, Burberry, Procter & Gamble and Societe Generale, along with many other UK, US and international equities.

Where Can I Access Live Prices for the ING Group Market?

When using a FinancialSpreads account clients are able to speculate on over a thousand real time prices like ING Group and a range of other shares, commodities, forex and stock markets.

Where Can I Get Live ING Group Charts?

With FinancialSpreads you have access to real time charts for ING Group and more than a thousand other financial spread betting and CFD markets.

The charts have a wide variety of features:
Example shares spread betting chart:

Shares Spread Betting Charts



A Guide to Financial Spread Betting on ING Group

Let's imagine you look at Financial Spreads and are presented with:

  ING Group Rolling Cash Sell

1238.3
Buy

1241.7


Here is a brief guide to how the market works:

MarketING Group Rolling Cash
The Spread Betting Price1238.3c - 1241.7c
This MeansYou can trade on the ING Group Rolling Cash market going:

  Spread Betting Higher than 1241.7c, or
  Spread Betting Lower than 1238.3c

This is a 'Rolling' trade which means that there is no final closing date for this spread bet. If you don't close your position and the trading session ends then your trade will roll over into the next trading day.

Note that if a trade rolls over then you will either have to pay or receive a small fee for overnight financing depending on whether you are speculating on the market to fall or rise. For additional details see Rolling Spread Bets.
Traded UnitsSpread betting trades on the ING Group market are priced in £x per cent price movement.

E.g. if ING Group moves by 30.0c then you would lose or gain 30 times your stake.
Stake per UnitYou choose how much you would like to risk per cent, e.g. £1 per cent, £4 per cent, £15 per cent etc.
Short Staking ExampleFor example, if you went with a stake of £3 per cent and ING Group changes by 20.0c, you would win/lose £3 per cent x 20.0c = £60.


Worked Spread Trading Example - Taking a Bullish View of ING Group

Spread trading on the European equity to move higher

You Now Choose Whether to Buy or Sell ING Group to push:

  Spread Betting Higher than 1241.7c? or
  Spread Betting Lower than 1238.3c?

Let's Assume You Choose to Go Long   Spread Betting Higher than 1241.7c
You Decide Your Stake Size, Let's Assume You Select £5 per cent
So Now What?
  • You gain £5 for each cent ING Group pushes above 1241.7c
  • You lose £5 for every cent ING Group pushes lower than 1241.7c
When Speculating on a Market to Go Up Your P&L = (Settlement Price - Opening Price) x stake
 
Situation 1
ING Group increases and the spread trading market is revised and changes to 1264.7c - 1268.1c. Therefore you would see:   1264.7   1268.1
Time to Take a Profit? At this point, you may decide to let your position run or close it in order to lock in a profit. For this example, you decide to settle your trade and sell at 1264.7c.
Your P&L = (Settlement Price - Opening Price) x stake
(1264.7c - 1241.7c) x £5 per cent
23.0c x £5 per cent
Your P&L = £115.00 profit
 
Situation 2
ING Group slips and the market is revised to 1223.1c - 1226.5c. I.e. you would see:   1223.1   1226.5
Close and Limit Your Loss? At this point, you could decide to let your position run or close it, i.e. close your spread bet to restrict your losses. For this example, you choose to close your bet by selling at 1223.1c.
Your P&L = (Settlement Price - Opening Price) x stake
(1223.1c - 1241.7c) x £5 per cent
-18.6c x £5 per cent
Your P&L = -£93.00 loss


Worked Trading Example - Selling ING Group

Financial spread trading on the European equity to decrease in value

You Choose to Go Long or Short ING Group to move:

  Spread Betting Higher than 1241.7c? or
  Spread Betting Lower than 1238.3c?

You Might Decide to Sell   Spread Betting Lower than 1238.3c
You Choose Your Stake, Choosing £4 per cent
What Next?
  • You lose £4 for every cent ING Group rises above 1238.3c
  • You gain £4 for every cent ING Group moves lower than 1238.3c
If You Are Speculating on a Market to Go Down Your P&L = (Opening Price - Settlement Price) x stake
 
Situation 3
ING Group decreases and the financial spread betting market is moved to 1193.7c - 1197.1c:   1193.7   1197.1
Lock in Your Profit? At this point, you may choose to leave your trade open or close it and take your profit. In this case you decide to close your bet by buying at 1197.1c.
Your P&L = (Opening Price - Settlement Price) x stake
(1238.3c - 1197.1c) x £4 per cent
41.2c x £4 per cent
Your P&L = £164.80 profit
 
Situation 4
ING Group climbs and the spread betting market is revised and set at 1268.3c - 1271.7c, therefore you would see:   1268.3   1271.7
Restrict Your Loss?At this point, you can opt to let your trade run or close it, i.e. close your position and limit your loss. In this instance you decide to settle your trade by buying the market at 1271.7c.
Your P&L = (Opening Price - Settlement Price) x stake
(1238.3c - 1271.7c) x £4 per cent
-33.4c x £4 per cent
Your P&L = -£133.60 loss

Where Can I Practice Financial Spread Betting on ING Group?

FinancialSpreads.com provide a free Demo Account which means investors can try out trading strategies, practice with trading orders, try out CFD trading and spread betting and view charts on markets like ING Group.

The Practice Account has a wide array of markets such as FX pairs, stocks, commodity markets and stock market indices.


Contact Customer Support

+44 (0) 203 301 0483
support@financialspreads.com

Also see:
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.