USD/CHF Spread Betting

USD/CHF Spread Betting

USD/CHF Spread Betting Guide

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


Live USD/CHF Chart and Prices



Where Can I Spread Bet on USD/CHF?

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How to Spread Bet on USD/CHF

Let’s say that you are considering taking a position on USD / CHF, so you go on a financial spread betting website, such as Tradefair, and they are offering the current quote:

USD / CHF Rolling Daily: SFr 0.90660 – SFr 0.90700

Here is what you can expect

Market: USD / CHF Rolling Daily
The Spread: SFr 0.90660 – SFr 0.90700
This Means: Now you can bet on the USD / CHF Rolling Daily market going:

  arrow_upward  Higher than SFr 0.90700, or
  arrow_downward  Lower than SFr 0.90660

This market is a Rolling Daily market which means that there is no settlement date for this spread bet. If you don’t close your trade and the session ends then your trade will automatically roll over to the next session.

If a trade is rolled over then you will either receive or pay interest for overnight financing depending upon whether you are betting on the market to rise or fall.

For more information see Rolling Daily Spread Bets.
Traded Units: Spread betting trades on the USD / CHF market are made in £x per point.

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

E.g. if USD / CHF changes by SFr 0.00300 then you would lose or win 30 times your stake.
Trade Size: You decide what to risk per point, e.g. £1 per point, £4 per point, £20 per point etc.
Simplified Example: If, for example, your stake was £3 per point and USD / CHF moves SFr 0.00200 (20 points), you would win or lose £3 per point x 20 points = £60.


Fully Worked Example | Taking a Bullish View of USD / CHF

Online spread betting on the forex market to increase

You Now Consider Whether to Go Long or Short: USD / CHF moving:

  arrow_upward  Higher than SFr 0.90700? or
  arrow_downward  Lower than SFr 0.90660?

You Might Want to Go Long:   arrow_downward  Higher than SFr 0.90700
You Choose How Much to Risk, Let’s Assume You Select: £4 per point
What Happens Next?
  • You win £4 for each point (SFr 0.00010) USD / CHF increases higher than SFr 0.90700
  • You will make a loss of £4 for every point (SFr 0.00010) USD / CHF decreases lower than SFr 0.90700
When You Go Long With a Spread Bet Your Trading Profits (or Losses) = (Settlement Price – Opening Price) x stake per point
 
Situation 1 USD / CHF increases and the market adjusts and moves to SFr 0.91017 – SFr 0.91057.
Take Your Profit? You can choose to leave your forex spread bet open or close it to lock in a profit. In this instance you decide to settle your position and sell the market at SFr 0.91017.
Your Trading Profits (or Losses) = (Settlement Price – Opening Price) x stake per point
(SFr 0.91017 – SFr 0.90700) x £4 per point (£4 per SFr 0.00010)
SFr 0.00317 x £4 per point
31.7 points x £4 per point
Your Trading Profits (or Losses) = £126.80 profit
 
Situation 2 USD / CHF goes lower and the spread trading market is adjusted and moved to SFr 0.90360 – SFr 0.90400.
Limit Your Loss? You can opt to keep your spread bet open or close it, i.e. close your trade to restrict your loss. In this case you decide to settle your position and sell at SFr 0.90360.
Your Trading Profits (or Losses) = (Settlement Price – Opening Price) x stake per point
(SFr 0.90360 – SFr 0.90700) x £4 per point (£4 per SFr 0.00010)
-SFr 0.00340 x £4 per point
-34 points x £4 per point
Your Trading Profits (or Losses) = -£136.00 loss


Worked Spread Betting Example | Taking a Bearish View of Dollar/Swissie

Spread betting on the forex market to fall in value

You Now Decide to Go Long or Short: USD / CHF to push:

  arrow_upward  Higher than SFr 0.90700? or
  arrow_downward  Lower than SFr 0.90660?

Let’s Say You Want to Sell:   arrow_downward  Lower than SFr 0.90660
You Choose Your Stake, Let’s Assume You Choose: £2 per point
What Next?
  • You will make a loss of £2 for every point (SFr 0.00010) USD / CHF rises higher than SFr 0.90660
  • You win £2 for every point (SFr 0.00010) USD / CHF pushes below SFr 0.90660
If You Are Speculating on a Market to Fall Your Trading Profits (or Losses) = (Opening Price – Settlement Price) x stake per point
 
Situation 3 USD / CHF drops and the spread betting market is revised and is set at SFr 0.90144 – SFr 0.90184.
Time to Lock in Your Profit? At this point, you may decide to leave your spread bet open or close it, i.e. close your trade to lock in a profit. In this case you opt to close your trade by buying the market at SFr 0.90184.
Your Trading Profits (or Losses) = (Opening Price – Settlement Price) x stake per point
(SFr 0.90660 – SFr 0.90184) x £2 per point (£2 per SFr 0.00010)
SFr 0.00476 x £2 per point
47.6 points x £2 per point
Your Trading Profits (or Losses) = £95.20 profit
 
Situation 4 USD / CHF goes higher and the financial spread betting market is revised and moved to SFr 0.91130 – SFr 0.91170.
Close and Limit the Loss?You could decide to keep your bet open or close it and restrict your losses. In this case you decide to close your bet by buying at SFr 0.91170.
Your Trading Profits (or Losses) = (Opening Price – Settlement Price) x stake per point
(SFr 0.90660 – SFr 0.91170) x £2 per point (£2 per SFr 0.00010)
-SFr 0.00510 x £2 per point
-51 points x £2 per point
Your Trading Profits (or Losses) = -£102.00 loss


US Dollar / Swiss Franc Notes:

  • Financial spread betting market price as per Tradefair: 9 November 2011
  • You can also spread bet on FX markets like USD/CHF, AUD/NZD and GBP/USD using a DFB.


AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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