EUR/CHF Spread Betting

EUR/CHF Spread Betting

EUR/CHF Spread Betting Guide

arrow_forwardLive EUR/CHF Chart
arrow_forwardLive EUR/CHF Prices
arrow_forwardWhere to Spread Bet on EUR/CHF
arrow_forwardHow to Spread Bet on EUR/CHF


Live EUR/CHF Chart and Prices



Where Can I Spread Bet on EUR/CHF?

Most FCA regulated spread betting companies offer prices and live charts on FX markets including:

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How to Spread Bet on EUR/CHF

As an example, let’s assume you want to financial spread bet on EUR / CHF, so you look on a spread betting app, e.g. the Financial Spreads app, and see that they are offering the market:

EUR / CHF Rolling Daily: SFr 1.23053 – SFr 1.23093

Here is what you need to know about how it works.

Spread Betting Market: EUR / CHF Rolling Daily
The Spread Betting Price: SFr 1.23053 – SFr 1.23093
How This Works: Now you can speculate on the EUR / CHF Rolling Daily market to go:

  arrow_upward  Above SFr 1.23093, or
  arrow_downward  Below SFr 1.23053

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

Note: if a trade is rolled over then you will either have to pay or receive interest for overnight financing depending on the direction of your position.

For more information also see rolling spread betting guide.
Traded Units: Forex spread bets on a market like the EUR / CHF are priced in £x per point.

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

E.g. if EUR / CHF moves SFr 0.00450 then you would lose / win 45 multiples of your stake.
Stake (Trade Size): You decide how much you are going to trade per point, e.g. £1 per point, £3 per point, £10 per point etc.
Quick Example: If, for example, you had a stake of £5 per point and EUR / CHF moves by SFr 0.00260 (26 points), you would win or lose £5 per point x 26 points = £130.


Spread Trading Example | Taking a Bullish View of EUR / CHF

Financial spread trading on the currency market to go up

You Choose Whether to Go Long or Short: EUR / CHF going:

  arrow_upward  Above SFr 1.23093? or
  arrow_downward  Below SFr 1.23053?

Let’s Assume You Choose to Go Long:   arrow_downward  Above SFr 1.23093
You Decide How Much to Risk, Let’s Say You Choose: £2 per point
So What Now?
  • You win £2 for every point (SFr 0.00010) EUR / CHF pushes above SFr 1.23093
  • You make a loss of £2 for each point (SFr 0.00010) EUR / CHF pushes lower than SFr 1.23093
If You Are Buying a Spread Bet Your Profits or Losses = (Final Level – Initial Level) x stake per point
 
Trading Scenario 1 EUR / CHF pushes higher and the spread betting market is revised and changes to SFr 1.23524 – SFr 1.23564.
Lock in Your Profit? You could opt to leave your position open or close it, i.e. close your spread bet for a profit. In this example you decide to close your bet and sell the market at SFr 1.23524.
Your Profits or Losses = (Final Level – Initial Level) x stake per point
(SFr 1.23524 – SFr 1.23093) x £2 per point (£2 per SFr 0.00010)
SFr 0.00431 x £2 per point
43.1 points x £2 per point
Your Profits or Losses = £86.20 profit
 
Trading Scenario 2 EUR / CHF pushes lower and the market is revised to SFr 1.22601 – SFr 1.22641.
Time to Restrict the Loss? You may opt to leave your spread bet open or close it, i.e. close your spread bet to limit your loss. In this instance you choose to close your trade and sell at SFr 1.22601.
Your Profits or Losses = (Final Level – Initial Level) x stake per point
(SFr 1.22601 – SFr 1.23093) x £2 per point (£2 per SFr 0.00010)
-SFr 0.00492 x £2 per point
-49.2 points x £2 per point
Your Profits or Losses = -£98.40 loss


Fully Worked Spread Trading Example | Selling EUR / CHF

Financial spread betting on the currency market to go down in value

You Now Decide to Buy or Sell: EUR / CHF to push:

  arrow_upward  Above SFr 1.23093? or
  arrow_downward  Below SFr 1.23053?

You Might Decide to Go Short:   arrow_downward  Below SFr 1.23053
You Select Your Stake Size, Let’s Say You Opt For: £3 per point
What Happens Now?
  • You make a loss of £3 for each point (SFr 0.00010) EUR / CHF moves higher than SFr 1.23053
  • You win £3 for each point (SFr 0.00010) EUR / CHF decreases lower than SFr 1.23053
When Spread Betting on a Market to Decrease Your Profits or Losses = (Initial Level – Final Level) x stake per point
 
Trading Scenario 3 EUR / CHF decreases and the spread trading market changes to SFr 1.22668 – SFr 1.22708.
Time to Lock in Your Profit? At this point, you may decide to keep your position open or close it to take a profit. For this example, you choose to settle your trade and buy the market at SFr 1.22708.
Your Profits or Losses = (Initial Level – Final Level) x stake per point
(SFr 1.23053 – SFr 1.22708) x £3 per point (£3 per SFr 0.00010)
SFr 0.00345 x £3 per point
34.5 points x £3 per point
Your Profits or Losses = £103.50 profit
 
Trading Scenario 4 EUR / CHF climbs and the financial spread betting market is revised and is set at SFr 1.23407 – SFr 1.23447.
Restrict Your Loss?You can choose to leave your spread bet open or close it, i.e. close your trade to limit your loss. For this example, you opt to close your bet by buying at SFr 1.23447.
Your Profits or Losses = (Initial Level – Final Level) x stake per point
(SFr 1.23053 – SFr 1.23447) x £3 per point (£3 per SFr 0.00010)
-SFr 0.00394 x £3 per point
-39.4 points x £3 per point
Your Profits or Losses = -£118.20 loss


EUR / CHF Notes:



AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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