SB Calc app for iPhone and iPad
Developer: Andy Winton
First release : 14 Mar 2011
App size: 1.8 Mb
Spread Betting Calculator and Simulator
Spread Betting is a wagering on a range of outcomes. It is popular in the financial world with many people using it rather than traditional Stock Market trading.
However, when a stock is 46.26 and has a margin of 5% and you have £140 in your account, how much of a bet should you place? All too often with working this out manually, youll make a mistake and be out by a factor of 10 or more. This app lets you easily see the margin required, equivalent shares, expected profit or loss for any bet size. A slider lets you quickly change the bet size and see instantly the effect on the other parameters.
Theres also a built in simulator where you can practice Spread Betting without using real money. This is an ideal way to sail the rough seas of Spread Betting without getting sunk.
There is also a Tips and Advice section for Spread Betting. Here, I have collated the key points that I think are the core knowledge needed for spread betting. This has been collated over several years of research and through reading a small library on the subject.