AUD/USD Spread Betting

AUD/USD Spread Betting

AUD/USD Spread Betting Guide

arrow_forwardLive AUD/USD Chart
arrow_forwardLive AUD/USD Prices
arrow_forwardWhere to Spread Bet on AUD/USD
arrow_forwardHow to Spread Bet on AUD/USD


Live AUD/USD Chart and Prices



Where Can I Spread Bet on AUD/USD?

Most FCA regulated spread betting firms offer live prices and charts on forex markets like AUD/USD.

See the FX comparison table below.


AUD/USD Spread Betting Comparison

Company Forex Min
Stake
EUR/USD
Spread
GBP/USD
Spread
EUR/GBP
Spread
USD/JPY
Spread
AUD/USD
Spread
Apply
Financial Spreads Review £0.50 0.7 0.9 0.8 0.8 0.8 Apply
City Index Review £0 Variable Variable Variable Variable Variable Apply
ETX Capital Review £0.50 0.88†† 1.19†† 1.32†† 1.38†† 1.14†† Apply
IG Review £1-5 Variable Variable Variable Variable Variable Apply
InterTrader Review £1 Variable Variable Variable Variable Variable Apply


How to Spread Bet on AUD/USD

Let’s imagine that you are interested in spread betting on AUD / USD, so you look at a financial spread betting website, such as IG, and see the latest market of:

AUD / USD Rolling Daily: $1.01890 – $1.01900

Here is what happens…

Spread Trading Market: AUD / USD Rolling Daily
The Price: $1.01890 – $1.01900
What This Means: Now you can spread bet on the AUD / USD Rolling Daily market to go:

  arrow_upward  Above $1.01900, or
  arrow_downward  Below $1.01890

This spread betting market is a ‘Rolling Daily’ market which means that there is no closing date. If you haven’t closed your position and the session ends then your trade will roll over to the next session.

Note: if a trade does roll over then you will normally either have to pay or receive interest for overnight financing based on whether you are betting on the market to go down or up.

For more information see Rolling Daily Spread Betting.
Points (Units) Traded: Financial spread bets on the AUD / USD market are made in £x per point.

Where a point is $0.00010 of the forex market’s price movement.

E.g. if AUD / USD moves $0.00450 then you would lose/win 45 times your stake.
Stake Size: You choose how much you are going to trade per point, e.g. £1 per point, £4 per point, £20 per point etc.
Staking Example: With that in mind, if you have a stake of £4 per point and AUD / USD moves by $0.00260 (26 points), you would lose / win £4 per point x 26 points = £104.


Worked Spread Trading Example | Buying AUD / USD

Financial spread trading on the FX pair to rise in value

You Now Decide Whether to Go Long or Short: AUD / USD going:

  arrow_upward  Above $1.01900? or
  arrow_downward  Below $1.01890?

Let’s Assume You Want to Buy:   arrow_upward  Above $1.01900
You Choose Your Stake Size, Let’s Say You Select: £4 per point
What Happens Next?
  • You make £4 for every point ($0.00010) AUD / USD rises above $1.01900
  • You will lose £4 for each point ($0.00010) AUD / USD decreases below $1.01900
If You Are Speculating on a Market to Go Up Your Trading Profits (or Losses) = (Closing Price – Opening Price) x stake per point
 
Example 1 AUD / USD moves higher and the spread trading market changes to $1.02104 – $1.02114.
Lock in a Profit? You could choose to let your spread bet run or close it, i.e. close your spread bet to lock in a profit. In this example you decide to close your bet by selling at $1.02104.
Your Trading Profits (or Losses) = (Closing Price – Opening Price) x stake per point
($1.02104 – $1.01900) x £4 per point (£4 per $0.00010)
$0.00204 x £4 per point
20.4 points x £4 per point
Your Trading Profits (or Losses) = £81.60 profit
 
Example 2 AUD / USD moves lower and the spread betting market is adjusted to $1.01722 – $1.01732.
Close and Restrict Your Loss? At this point, you could choose to let your bet run or close it, i.e. close your spread bet to limit your losses. In this case you decide to settle your trade by selling the market at $1.01722.
Your Trading Profits (or Losses) = (Closing Price – Opening Price) x stake per point
($1.01722 – $1.01900) x £4 per point (£4 per $0.00010)
-$0.00178 x £4 per point
-17.8 points x £4 per point
Your Trading Profits (or Losses) = -£71.20 loss


Worked Spread Betting Example | Going Short of Aussie Dollar / US Dollar Rate

Financial spread betting on the FX pair to move down

You Now Choose Whether to Go Long or Short: AUD / USD to push:

  arrow_upward  Above $1.01900? or
  arrow_downward  Below $1.01890?

Let’s Assume You Want to Go Short:   arrow_downward  Below $1.01890
You Choose Your Stake, Let’s Say You Choose: £3 per point
So What Happens Next?
  • You will lose £3 for each point ($0.00010) AUD / USD increases higher than $1.01890
  • You make £3 for each point ($0.00010) AUD / USD goes below $1.01890
If You Are Selling a Market Your Trading Profits (or Losses) = (Opening Price – Closing Price) x stake per point
 
Example 3 AUD / USD drops and the market is revised and moved to $1.01523 – $1.01533.
Take a Profit? You may opt to keep your position open or close it and lock in your profit. In this example you choose to settle your bet by buying at $1.01533.
Your Trading Profits (or Losses) = (Opening Price – Closing Price) x stake per point
($1.01890 – $1.01533) x £3 per point (£3 per $0.00010)
$0.00357 x £3 per point
35.7 points x £3 per point
Your Trading Profits (or Losses) = £107.10 profit
 
Example 4 AUD / USD rises and the financial spread betting market adjusts and moves to $1.02192 – $1.02202.
Close and Restrict the Loss?You can opt to leave your position open or close it, i.e. close your trade and restrict your loss. In this example you decide to settle your position and buy the market at $1.02202.
Your Trading Profits (or Losses) = (Opening Price – Closing Price) x stake per point
($1.01890 – $1.02202) x £3 per point (£3 per $0.00010)
-$0.00312 x £3 per point
-31.2 points x £3 per point
Your Trading Profits (or Losses) = -£93.60 loss


Australian Dollar / US Dollar Notes:

AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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