Financial Spread Betting on the Philips Share Price

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

Where Can I Spread Bet on Philips?

A FinancialSpreads account offers clients a wide range of shares spread trading and contracts for difference markets including Philips, BP, Google and Total, plus a selection of other UK, American and global stocks.

Where Can I Access Live Prices for the Philips Market?

A Financial Spreads account provides investors with real time prices on over a thousand financial spread betting and CFD markets such as Philips and a large range of other shares, stock market indices, FX and commodities prices.

Where Can I Get Live Philips Charts?

When trading with Financial Spreads you can make use of live trading charts for Philips and more than a thousand other spread trading and CFD markets.

The charts include a large variety of benefits:
Example shares trading chart:

Shares Spread Betting Charts



A Guide to Spread Betting on Philips

Let's assume you log on to the FinancialSpreads website and see a quote of:

  Philips Rolling Cash Sell

2533.5
Buy

2539.5


Here's a guide to how it works

Spread Betting MarketPhilips Rolling Cash
The Spread Trading Price2533.5c - 2539.5c
How This WorksYou can spread bet on the Philips Rolling Cash market to push:

  Spread Betting Above 2539.5c, or
  Spread Betting Below 2533.5c

This is a 'Rolling' trade so it does not have a settlement date. If you haven't closed your trade and the session ends then your trade will automatically roll over to the next trading session.

Note that if a trade does roll over then you will normally either receive or be charged a small fee for overnight financing based upon the direction of your spread bet. For additional information see Rolling Spread Bets.
Units TradedSpread bets on the Philips market are made in £x per cent price movement.

E.g. if Philips moves 40.0c then you would lose / win 40 times your stake.
Stake per UnitYou work out how much you would like to trade per cent, e.g. £1 per cent, £5 per cent, £15 per cent etc.
Staking ExampleIf, as an example, you have a stake of £4 per cent and Philips moves by 21.0c, you would win / lose £4 per cent x 21.0c = £84.


Worked Trading Example - Taking a Long Position on Philips

Financial spread trading on the share to increase in value

You Work Out Whether to Go Long or Short Philips going:

  Spread Betting Above 2539.5c? or
  Spread Betting Below 2533.5c?

You Might Decide to Go Long   Spread Betting Above 2539.5c
You Choose Your Stake Size, Let's Assume You Opt For £5 per cent
So Now What Happens?
  • You make a profit of £5 for each cent Philips increases above 2539.5c
  • Your spread bet loses £5 for every cent Philips moves lower than 2539.5c
When Betting on a Market to Rise Your Trading Profits (or Losses) = (Closing Price - Initial Price) x stake
 
Example 1
Philips increases and the market moves to 2567.4c - 2573.4c, i.e. on Financial Spreads you'd see:   2567.4   2573.4
Close for a Profit? At this point, you could opt to keep your spread bet open or close it, i.e. close your trade to lock in a profit. In this example you decide to settle your position and sell at 2567.4c.
Your Trading Profits (or Losses) = (Closing Price - Initial Price) x stake
(2567.4c - 2539.5c) x £5 per cent
27.9c x £5 per cent
Your Trading Profits (or Losses) = £139.50 profit
 
Example 2
Philips goes lower and the financial spread betting market is moved to 2507.8c - 2513.8c. I.e. the market moves to:   2507.8   2513.8
Time to Restrict the Loss? You can choose to leave your position open or close it, i.e. close your trade and limit your loss. For this example, you decide to settle your trade by selling the market at 2507.8c.
Your Trading Profits (or Losses) = (Closing Price - Initial Price) x stake
(2507.8c - 2539.5c) x £5 per cent
-31.7c x £5 per cent
Your Trading Profits (or Losses) = -£158.50 loss


Worked Example - Taking a Short Position on Philips

Spread trading on the share to move lower

You Now Decide to Go Long or Short Philips to go:

  Spread Betting Above 2539.5c? or
  Spread Betting Below 2533.5c?

You Might Choose to Go Short   Spread Betting Below 2533.5c
You Decide Your Stake Size, Choosing £4 per cent
So What Now?
  • Your spread bet loses £4 for every cent Philips rises higher than 2533.5c
  • You make a profit of £4 for every cent Philips pushes lower than 2533.5c
If You Are Speculating on a Market to Fall Your Trading Profits (or Losses) = (Initial Price - Closing Price) x stake
 
Example 3
Philips moves lower and the spread betting market is adjusted and moved to 2488.5c - 2494.5c. Therefore you'd see:   2488.5   2494.5
Close and Take Your Profit? You could opt to let your position run or close it and lock in a profit. In this instance you opt to close your bet by buying the market at 2494.5c.
Your Trading Profits (or Losses) = (Initial Price - Closing Price) x stake
(2533.5c - 2494.5c) x £4 per cent
39.0c x £4 per cent
Your Trading Profits (or Losses) = £156.00 profit
 
Example 4
Philips pushes higher and the spread trading market is revised and is set at 2571.8c - 2577.8c. Therefore you would see:   2571.8   2577.8
Limit Your Loss?You can opt to let your trade run or close it, i.e. close your position and restrict your loss. In this example you decide to close your bet and buy at 2577.8c.
Your Trading Profits (or Losses) = (Initial Price - Closing Price) x stake
(2533.5c - 2577.8c) x £4 per cent
-44.3c x £4 per cent
Your Trading Profits (or Losses) = -£177.20 loss

Where Can I Practice Financial Spread Betting on Philips?

FinancialSpreads.com provides a Demo Account that allows investors to review the real time charts, practice trading, test trading strategies and use trading orders etc. on markets such as Philips.

The Practice Account offers more than the above; you can get experience with a variety of FX pairs, commodity markets, shares 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.