Tesco SPREAD FREE TRADING
BASIC ACCOUNT EXAMPLES

If you already trade Tesco, you could be potentially making more or losing less with a Spread Co Spread Free Account. Whilst our standard Tight and Fixed Spreads allow you to trade without worrying about factoring in variable spreads, our Spread Free account eliminates it completely. Regardless if your strategy is to go long or short, the trading examples below show what savings could be made through Spread Free trading compared to our standard account type.

Long Trading Strategy Example: Tesco

Trader ‘A’ places 5 long trades on Tesco, of which 4 of these have no fees. There is an excess trade fee of £1.00 for the 5th trade. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £1.00 on trading fees to benefit from Spread Free.

Basic Account Net Profit: £8.20

Trader ‘B’ places the same 5 long trades on Tesco using the standard Spread Betting Account. There are no fees for placing such trades, however the trader needs to allow for the spread on this account.

Standard Account Net Profit: £5.66

LONG TRADING STRATEGY Tesco SAVINGS SUMMARY

Total Opening Stake12
Total Opening Trade5Excess-£1.00
Eligible Free Trades4Net Profit/Loss£8.20
Excess Trade Staked4
Excess Stake Charge£1.00Net Profit/Loss without Spread Free£5.66

LONG TRADING STRATEGY: Tesco DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
Tesco3BUY242.05Opening Trade 13
Tesco3BUY242.55Opening Trade 26
Tesco3SELL242.30Closing Trade – No Fee3
Tesco3BUY242.20Opening Trade 36
Tesco2BUY241.90Opening Trade 48
Tesco3SELL243.70Closing Trade – No Fee5
Tesco1BUY242.90Excess Trade Fee £1.006
Tesco3SELL243.05Closing Trade – No Fee3
Tesco3SELL243.05Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
Tesco3BUY242.053SELL242.30£0.75
Tesco3BUY242.553SELL243.70£3.45
Tesco3BUY242.203SELL243.05£2.55
Tesco1BUY242.901SELL243.05£0.15
Tesco2BUY241.902SELL243.05£2.30
Gross Profit/Loss£9.20

Standard Account: Tesco Long Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
Tesco3BUY242.22Standard3
Tesco3BUY242.72Standard6
Tesco3SELL242.13Standard3
Tesco3BUY242.37Standard6
Tesco2BUY242.07Standard8
Tesco3SELL243.53Standard5
Tesco1BUY243.07Standard6
Tesco3SELL242.88Standard3
Tesco3SELL242.88Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
Tesco3BUY242.223SELL242.13£0.27
Tesco3BUY242.723SELL243.53£2.43
Tesco1BUY243.071SELL242.88-£0.19
Tesco2BUY242.072SELL242.88£1.62
Tesco3BUY242.373SELL242.88£1.53
Net Profit/Loss£5.66

Short Trading Strategy Example: Tesco

Trader ‘A’ places 5 short trades on Tesco, of which 4 of these have no fees. There is an excess trade fee of £1.00 for the 5th trade. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £1.00 on trading fees to benefit from Spread Free.

Basic Account Net Loss: £10.20

Trader ‘B’ places the same 5 short trades on Tesco using the standard Spread Betting Account. There are no fees for placing such trades, however the trader needs to allow for the spread on this account.

Standard Account Net Loss: £12.26

SHORT TRADING STRATEGY Tesco SAVINGS SUMMARY

Total Opening Stake12
Total Opening Trade5Excess-£1.00
Eligible Free Trades4Net Profit/Loss-£10.20
Excess Trade Staked4
Excess Stake Charge£1.00Net Profit/Loss without Spread Free-£12.26

SHORT TRADING STRATEGY: Tesco DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
TESCO3SELL242.05Opening Trade 1-3
TESCO3SELL242.55Opening Trade 2-6
TESCO3BUY242.30Closing Trade – No Fee-3
TESCO3SELL242.20Opening Trade 3-6
TESCO2SELL241.90Opening Trade 4-8
TESCO3BUY243.70Closing Trade – No Fee-5
TESCO1SELL242.90Excess Trade Fee £1.00-6
TESCO3BUY243.05Closing Trade – No Fee-3
TESCO3BUY243.05Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
TESCO3SELL242.053BUY242.30-£0.75
TESCO3SELL242.553BUY243.70-£3.45
TESCO3SELL242.203BUY243.05-£2.55
TESCO2SELL241.902BUY243.05-£2.30
TESCO1SELL242.901BUY243.05-£0.15
Gross Profit/Loss-£9.20

Standard Account: Tesco SHORT Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
TESCO3SELL241.88Standard-3
TESCO3SELL242.38Standard-6
TESCO3BUY242.47Standard-3
TESCO3SELL242.03Standard-6
TESCO2SELL241.73Standard-8
TESCO3BUY243.87Standard-5
TESCO1SELL242.73Standard-6
TESCO3BUY243.22Standard-3
TESCO3BUY242.88Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
TESCO3SELL241.883BUY242.47-£1.77
TESCO3SELL242.383BUY243.87-£4.47
TESCO3SELL242.033BUY243.22-£3.57
TESCO2SELL241.732BUY242.88-£2.30
TESCO1SELL242.731BUY242.88-£0.15
Net Profit/ Loss-£12.26