UK100 SPREAD FREE BRONZE ACCOUNT TRADING EXAMPLES

If you already trade UK100, 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: UK100

Trader ‘A’ places 7 long trades on the UK100, of which 6 of these have no fees. There is an excess trade fee of £1.00 for the 7th trade. There are no fees for closing the trades. Meaning Trader ‘A’ has spent £1.00 on trading fees to benefit from Spread Free.

Bronze Account Net Profit: £324.00

Trader ‘B’ places the same 7 long trades on the UK100 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: £298.40

LONG TRADING STRATEGY UK100 SAVINGS SUMMARY

Total Opening Stake22
Total Opening Trade7Excess-£1.00
Eligible Free Trades6Net Profit/Loss£324.00
Excess Trade Staked1
Excess Stake Charge£1.00Net Profit/Loss without Spread Free£298.40
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: UK100 DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
UK1004BUY7425Opening Trade 14
UK1004BUY7415Opening Trade 28
UK1005SELL7425Closing Trade – No Fee3
UK1003BUY7420Opening Trade 36
UK1005BUY7410Opening Trade 411
UK1005SELL7430Closing Trade – No Fee6
UK1003BUY7420Opening Trade 59
UK1004SELL7440Closing Trade – No Fee5
UK1003SELL7440Closing Trade – No Fee2
UK1002BUY7420Opening Trade 64
UK1001BUY7410Excess Trade Fee £1.005
UK1005SELL7430Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
UK1004BUY74254SELL7425£0.00
UK1004BUY74151SELL7425£10.00
UK1003BUY74202SELL7430£20.00
UK1003BUY74201SELL7440£20.00
UK1003BUY74201SELL7440£20.00
UK1004BUY74153SELL7430£45.00
UK1005BUY74103SELL7440£90.00
UK1005BUY74102SELL7440£60.00
UK1001BUY74101SELL7430£20.00
UK1002BUY74202SELL7430£20.00
UK1003BUY74202SELL7430£20.00
Gross Profit/ Loss£325.00

LONG Trading Strategy Example: UK100

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
UK1004BUY7425.4Standard4
UK1004BUY7415.4Standard8
UK1005SELL7424.6Standard3
UK1003BUY7420.4Standard6
UK1005BUY7410.4Standard11
UK1005SELL7429.6Standard6
UK1003BUY7420.9Standard9
UK1004SELL7439.1Standard5
UK1003SELL7439.1Standard2
UK1002BUY7420.9Standard4
UK1001BUY7410.9Standard5
UK1005SELL7429.1Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
UK1003BUY7420.42SELL7429.6£18.40
UK1004BUY7425.44SELL7424.6-£3.20
UK1004BUY7415.41SELL7424.6£9.20
UK1004BUY7415.43SELL7429.6£42.60
UK1001BUY7410.91SELL7429.1£18.20
UK1002BUY7420.92SELL7429.1£16.40
UK1003BUY7420.41SELL7439.1£18.70
UK1003BUY7420.91SELL7439.1£18.20
UK1003BUY7420.92SELL7429.1£16.40
UK1005BUY7410.43SELL7439.1£86.10
UK1005BUY7410.42SELL7439.1£57.40
Net Profit/ Loss£298.40

Trader ‘A’ places 7 short trades on the UK100, of which 6 of these have no fees. There is an excess trade fee of £1.00 for the 7th 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: £326.00

Trader ‘B’ places the same 7 short trades on the UK100 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: £351.60

SHORT TRADING STRATEGY UK100 SAVINGS SUMMARY

Total Opening Stake22
Total Opening Trade7Excess-£1.00
Eligible Free Trades6Net Profit/Loss-£326.00
Excess Trade Staked1
Excess Stake Charge£1.00Net Profit/Loss without Spread Free-£351.60
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 loss from trading on the Bronze account compared to the Standard account.

SHORT TRADING STRATEGY: UK100 DETAILED SAVINGS COMPARISON

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
UK1004SELL7425Opening Trade 1-4
UK1004SELL7415Opening Trade 2-8
UK1005BUY7425Closing Trade – No Fee-3
UK1003SELL7420Opening Trade 3-6
UK1005SELL7410Opening Trade 4-11
UK1005BUY7430Closing Trade – No Fee-6
UK1003SELL7420Opening Trade 5-9
UK1004BUY7440Closing Trade – No Fee-5
UK1003BUY7440Closing Trade – No Fee-2
UK1002SELL7420Opening Trade 6-4
UK1001SELL7410Excess Trade Fee £1.00-5
UK1005BUY7430Closing Trade – No Fee0

Closed Positions

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
UK1004SELL74254BUY7425£0.00
UK1004SELL74151BUY7425-£10.00
UK1005SELL74103BUY7440-£90.00
UK1004SELL74153BUY7430-£45.00
UK1003SELL74202BUY7430-£20.00
UK1003SELL74201BUY7440-£20.00
UK1005SELL74102BUY7440-£60.00
UK1003SELL74201BUY7440-£20.00
UK1003SELL74202BUY7430-£20.00
UK1002SELL74202BUY7430-£20.00
UK1001SELL74101BUY7430-£20.00
Gross Profit/ Loss-£325.00

STANDARD ACCOUNT: UK100 SHORT STRATEGY EXAMPLE

TRADE HISTORY

InstrumentStakeDirectionPriceOpen/CloseNet Position
UK1004SELL7424.6Standard-4
UK1004SELL7414.6Standard-8
UK1005BUY7425.4Standard-3
UK1003SELL7419.6Standard-6
UK1005SELL7409.6Standard-11
UK1005BUY7430.4Standard-6
UK1003SELL7419.1Standard-9
UK1004BUY7440.9Standard-5
UK1003BUY7440.9Standard-2
UK1002SELL7419.1Standard-4
UK1001SELL7409.1Standard-5
UK1005BUY7430.9Standard0

CLOSED POSITIONS

InstrumentOpening StakeDirectionTrade PriceClosing StakeDirectionClosing PriceTotal P&L
UK1004SELL7424.64BUY7425.4-£3.20
UK1004SELL7414.61BUY7425.4-£10.80
UK1004SELL7414.63BUY7430.4-£47.40
UK1003SELL7419.62BUY7430.4-£21.60
UK1005SELL7409.63BUY7440.9-£93.90
UK1005SELL7409.62BUY7440.9-£62.60
UK1003SELL7419.61BUY7440.9-£21.30
UK1003SELL7419.11BUY7440.9-£21.80
UK1003SELL7419.12BUY7430.9-£23.60
UK1002SELL7419.12BUY7430.9-£23.60
UK1001SELL7409.11BUY7430.9-£21.80
Net Profit/ Loss-£351.60