Guide to Australian Dollar/Yen Spread Betting

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on AUD/JPY?

When using a Financial Spreads account clients can speculate on an array of FX pairs. For example, you can trade on AUD/JPY as well as the EUR/CHF, USD/JPY and GBP/USD.

Where Can I Access Live AUD/JPY Prices?

Financial Spreads offers clients real-time pricing on over 1,000 CFD and spread trading markets like AUD/JPY and a wide array of other FX, stock markets, commodities and equities markets.

Where Can I Get Live AUD/JPY Charts?

When trading with a Financial Spreads account clients have access to professional level charts for AUD/JPY and more than a thousand other CFD and spread betting markets.

To aid your technical analysis, the charting package comes with a wide array of options like:
Example currency trading spread trading chart:

Forex Spread Betting Charts



How to Financial Spread Bet on AUD/JPY

Let's imagine that you look at the FinancialSpreads website and see a quote of:

  AUD/JPY Rolling Spot Sell

92.31
Buy

92.33


Here's a brief example of how the market works

Spread Trading MarketAUD/JPY Rolling Spot
The Spread Betting Quote¥92.31 - ¥92.33
This Means ThatNow you can spread bet on the AUD/JPY Rolling Spot market to move:

  Spread Betting Above ¥92.33, or
  Spread Betting Below ¥92.31

This is a Rolling market so it does not have a settlement date. If you don't close your position and the session ends then your trade will automatically roll over to the next trading session.

Note: if a trade is rolled over then you will normally either receive or pay interest for overnight financing based upon whether you are betting on the market to move lower or higher. For further details see Rolling Spread Betting.
Points (Units) TradedSpread bets on the AUD/JPY market are made in £x per point.

Where a point is ¥0.01 of the FX market's price movement.

E.g. if AUD/JPY moves ¥0.45 then you would win / lose 45 multiples of your stake.
Stake (Trade Size)You decide what to risk per point, e.g. £1 per point, £8 per point, £15 per point etc.
Brief ExampleAs an example, if you decided on a stake of £5 per point and AUD/JPY moves by ¥0.25 (25 points), you would gain or lose £5 per point x 25 points = £125.


Worked Spread Trading Example - Taking a Bullish View of AUD/JPY

Financial spread betting on the forex pair to increase

You Now Choose to Buy or Sell AUD/JPY going:

  Spread Betting Above ¥92.33? or
  Spread Betting Below ¥92.31?

Let's Say You Buy   Spread Betting Above ¥92.33
You Select Your Stake, Selecting £3 per point
So What Happens Now?
  • You will make £3 for every point (¥0.01) AUD/JPY goes above ¥92.33
  • You will make a loss of £3 for each point (¥0.01) AUD/JPY moves below ¥92.33
If You Buy a Market Your P/L = (Final Price - Initial Price) x stake
 
Scenario 1
AUD/JPY climbs and the market is adjusted to ¥92.79 - ¥92.81. Therefore you would see this on Financial Spreads:   92.79   92.81
Time to Take Your Profit? You can decide to keep your trade open or close it, i.e. close your spread bet to lock in your profit. In this example you opt to close your position and sell at ¥92.79.
Your P/L = (Final Price - Initial Price) x stake
(¥92.79 - ¥92.33) x £3 per point (£3 per ¥0.01)
¥0.46 x £3 per point
46 points x £3 per point
Your P/L = £138 profit
 
Scenario 2
AUD/JPY goes lower and the financial spread betting market changes to ¥91.91 - ¥91.93, so you would see:   91.91   91.93
Close and Limit the Loss? You can choose to leave your position open or close it, i.e. close your trade to limit your losses. In this case you opt to settle your position and sell the market at ¥91.91.
Your P/L = (Final Price - Initial Price) x stake
(¥91.91 - ¥92.33) x £3 per point (£3 per ¥0.01)
-¥0.42 x £3 per point
-42 points x £3 per point
Your P/L = -£126 loss


Worked Spread Betting Example - Taking a Bearish View of AUD/JPY

Spread trading on the forex pair to move down in value

You Choose Whether to Buy or Sell AUD/JPY to go:

  Spread Betting Above ¥92.33? or
  Spread Betting Below ¥92.31?

Let's Say You Choose to Sell   Spread Betting Below ¥92.31
You Choose Your Stake Size, Let's Say You Choose £2 per point
So What Next?
  • You will make a loss of £2 for each point (¥0.01) AUD/JPY pushes higher than ¥92.31
  • You will make £2 for each point (¥0.01) AUD/JPY falls below ¥92.31
When Betting on a Market to Go Down Your P/L = (Initial Price - Final Price) x stake
 
Scenario 3
AUD/JPY slips and the spread betting market adjusts and moves to ¥91.69 - ¥91.71. Therefore you'd see:   91.69   91.71
Lock in Your Profit? You may choose to keep your position open or close it in order to lock in your profit. For this example, you choose to close your position by buying at ¥91.71.
Your P/L = (Initial Price - Final Price) x stake
(¥92.31 - ¥91.71) x £2 per point (£2 per ¥0.01)
¥0.60 x £2 per point
60 points x £2 per point
Your P/L = £120 profit
 
Scenario 4
AUD/JPY goes higher and the spread trading market is revised and is set at ¥92.83 - ¥92.85, therefore you'd see this on Financial Spreads:   92.83   92.85
Close and Limit Your Loss?You could opt to let your bet run or close it, i.e. close your position and limit your loss. In this case you decide to close your bet and buy the market at ¥92.85.
Your P/L = (Initial Price - Final Price) x stake
(¥92.31 - ¥92.85) x £2 per point (£2 per ¥0.01)
-¥0.54 x £2 per point
-54 points x £2 per point
Your P/L = -£108 loss

Where Can I Practice Financial Spread Betting on AUD/JPY?

FinancialSpreads.com gives investors the chance to try trading theories by using a free Demo Account, demo markets include AUD/JPY.

The Demo Account doesn't just offer the market above; investors can practice trading using an array of equities, indices, commodity markets and FX.



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