Tesco SPREAD FREE TRADING 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 7 long trades on Tesco, of which 6 of these have no fees. There is an excess trade fee of £2.00 for the 7th trade. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £2.00 on trading fees to benefit from Spread Free.

Bronze Account Net Profit: £13.85

Trader ‘B’ places the same 7 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: £8.03

LONG TRADING STRATEGY Tesco SAVINGS SUMMARY

Total Opening Stake23
Total Opening Trade7Excess-£2.00
Eligible Free Trades6Net Profit/Loss£13.85
Excess Trade Staked2
Excess Stake Charge£2.00Net Profit/Loss without Spread Free£8.03
Note: There is a £10 monthly subscription cost for the Bronze account.

Whilst Trader ‘A’ has spent £10 for the monthly subscription, Trader ‘A’ has already gained that back in the difference of profit from trading on the Bronze account compared to the Standard account.

LONG TRADING STRATEGY: Tesco DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
Tesco5BUY242.05Opening Trade 15
Tesco5BUY242.55Opening Trade 210
Tesco4SELL242.3Closing Trade – No Fee6
Tesco3BUY242.2Opening Trade 39
Tesco3BUY241.9Opening Trade 412
Tesco3SELL243.7Closing Trade – No Fee9
Tesco3SELL243.7Closing Trade – No Fee6
Tesco3BUY242.9Opening Trade 59
Tesco5SELL243.05Closing Trade – No Fee4
Tesco2BUY242.7Opening Trade 66
Tesco2BUY242.9Excess Trade Fee £2.008
Tesco5SELL243.05Closing Trade – No Fee3
Tesco3SELL243.05Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
Tesco5BUY242.054SELL242.3£1.00
Tesco5BUY242.051SELL243.7£1.65
Tesco5BUY242.552SELL243.7£2.30
Tesco3BUY242.23SELL243.05£2.55
Tesco3BUY241.92SELL243.05£2.30
Tesco5BUY242.553SELL243.7£3.45
Tesco2BUY242.71SELL243.05£0.35
Tesco2BUY242.71SELL243.05£0.35
Tesco2BUY242.92SELL243.05£0.30
Tesco3BUY241.91SELL243.05£1.15
Tesco3BUY242.93SELL243.05£0.45
Gross Profit/Loss£15.85

Standard Account: Tesco Long Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
Tesco5BUY242.22Standard5
Tesco5BUY242.72Standard10
Tesco4SELL242.13Standard6
Tesco3BUY242.37Standard9
Tesco3BUY242.07Standard12
Tesco3SELL243.53Standard9
Tesco3SELL243.53Standard6
Tesco3BUY243.07Standard9
Tesco5SELL242.88Standard4
Tesco2BUY242.87Standard6
Tesco2BUY243.07Standard8
Tesco5SELL242.88Standard3
Tesco3SELL242.88Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
Tesco5BUY242.224SELL242.13-£0.36
Tesco5BUY242.221SELL243.53£1.31
Tesco5BUY242.722SELL243.53£1.62
Tesco5BUY242.723SELL243.53£2.43
Tesco3BUY242.373SELL242.88£1.53
Tesco3BUY242.072SELL242.88£1.62
Tesco2BUY242.871SELL242.88£0.01
Tesco2BUY242.871SELL242.88£0.01
Tesco2BUY243.072SELL242.88-£0.38
Tesco3BUY242.071SELL242.88£0.81
Tesco3BUY243.073SELL242.88-£0.57
Net Profit/Loss£8.03

Short Trading Strategy Example: Tesco

Trader ‘A’ places 7 short trades on Tesco, of which 6 of these have no fees. There is an excess trade fee of £2.00 for the 7th trade. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £2.00 on trading fees to benefit from Spread Free.

Bronze Account Net Loss: £17.85

Trader ‘B’ places the same 7 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: £23.67

SHORT TRADING STRATEGY Tesco SAVINGS SUMMARY

Total Opening Stake23
Total Opening Trade7Excess-£2.00
Eligible Free Trades6Net Profit/Loss-£17.85
Excess Trade Staked2
Excess Stake Charge£2.00Net Profit/Loss without Spread Free-£23.67
Note: There is a £10 monthly subscription cost for the Bronze account.

SHORT TRADING STRATEGY: Tesco DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
TESCO5SELL242.05Opening Trade 1-5
TESCO5SELL242.55Opening Trade 2-10
TESCO4BUY242.3Closing Trade – No Fee-6
TESCO3SELL242.2Opening Trade 3-9
TESCO3SELL241.9Opening Trade 4-12
TESCO3BUY243.7Closing Trade – No Fee-9
TESCO3BUY243.7Closing Trade – No Fee-6
TESCO3SELL242.9Opening Trade 5-9
TESCO5BUY243.05Closing Trade – No Fee-4
TESCO2SELL242.7Opening Trade 6-6
TESCO2SELL242.9Excess Trade Fee £2.00-8
TESCO5BUY243.05Closing Trade – No Fee-3
TESCO3BUY243.05Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
TESCO5SELL242.054BUY242.3-£1.00
TESCO5SELL242.051BUY243.7-£1.65
TESCO5SELL242.552BUY243.7-£2.30
TESCO5SELL242.553BUY243.7-£3.45
TESCO3SELL242.23BUY243.05-£2.55
TESCO3SELL241.92BUY243.05-£2.30
TESCO3SELL241.91BUY243.05-£1.15
TESCO3SELL242.93BUY243.05-£0.45
TESCO2SELL242.71BUY243.05-£0.35
TESCO2SELL242.71BUY243.05-£0.35
TESCO2SELL242.92BUY243.05-£0.30
Gross Profit/Loss-£15.85

Standard Account: Tesco SHORT Strategy Example

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
Tesco5SELL241.88Standard-5
Tesco5SELL242.38Standard-10
Tesco4BUY242.47Standard-6
Tesco3SELL242.03Standard-9
Tesco3SELL241.73Standard-12
Tesco3BUY243.87Standard-9
Tesco3BUY243.87Standard-6
Tesco3SELL242.73Standard-9
Tesco5BUY243.22Standard-4
Tesco2SELL242.53Standard-6
Tesco2SELL242.73Standard-8
Tesco5BUY242.22Standard-3
Tesco3BUY243.22Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
Tesco5SELL241.884BUY242.47-£2.36
Tesco5SELL241.881BUY243.87-£1.99
Tesco5SELL242.382BUY243.87-£2.98
Tesco5SELL242.383BUY243.87-£4.47
Tesco3SELL242.033BUY243.22-£3.57
Tesco3SELL241.732BUY243.22-£2.98
Tesco3SELL242.731BUY243.22-£1.49
Tesco3SELL242.733BUY243.22-£1.47
Tesco2SELL242.531BUY243.22-£0.69
Tesco2SELL242.531BUY243.22-£0.69
Tesco2SELL242.732BUY243.22-£0.98
Net Profit/Loss-£23.67