Guide to Canadian Dollar/Swiss Franc Spread Betting

Support: +44 (0) 203 301 0483 | support@financialspreads.com
Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on CAD/CHF?

FinancialSpreads provides a variety of currency spread trading and CFD markets such as CAD/CHF as well as the pound/dollar, Australian dollar/US dollar and euro/dollar.

Where Can I Access Live CAD/CHF Prices?

Using a FinancialSpreads account clients can take a position on more than a thousand real-time prices including markets like CAD/CHF and a wide variety of other FX, commodities, indices and equities prices.

Where Can I Get Live CAD/CHF Charts?

With Financial Spreads clients can make use of real-time candlestick charts for CAD/CHF and more than 1,000 other spread betting and CFD markets.

Along with different display styles, the charting package comes with a range of advanced functions including:
Example Financial Spreads forex trading chart:

Forex Spread Betting Charts



A Guide to Financial Spread Betting on CAD/CHF

As an example, let's imagine that you sign into the Financial Spreads website and the current quote is:

  CAD/CHF Rolling Spot Sell

0.7449
Buy

0.7453


Here's an example of how it works:

Spread Trading Market:CAD/CHF Rolling Spot
Spread Trading Price:SFr 0.7449 - SFr 0.7453
What This Means:Now you can speculate on the CAD/CHF Rolling Spot market to go:

  Spread Betting Above SFr 0.7453, or
  Spread Betting Below SFr 0.7449

This market is a Rolling market which means that there is no expiry date. If you haven't closed your position and the trading session ends then your trade will automatically roll over into the next trading day.

If a trade rolls over then you will either have to pay or receive a small fee for overnight financing depending on whether you are betting on the market to go up or down. To learn more see Rolling Spread Bets.
Points (Units) Traded:Spread trades on the CAD/CHF market are made in £x per point.

Where a point is SFr 0.0001 of the forex market's price movement.

E.g. if CAD/CHF changes by SFr 0.0035 then you would win or lose 35 multiples of your stake.
Stake per Unit:You work out how much you would like to trade per point, e.g. £2 per point, £8 per point, £15 per point etc.
Brief Example:If you had a stake of £4 per point and CAD/CHF moves SFr 0.0030 (30 points), you would lose or win £4 per point x 30 points = £120.


Spread Betting Example - Taking a Long Position on CAD/CHF

Online spread betting on the currency market to increase

You Now Select Whether to Buy or Sell: CAD/CHF to move:

  Spread Betting Above SFr 0.7453? or
  Spread Betting Below SFr 0.7449?

Let's Say You Choose to Buy:   Spread Betting Above SFr 0.7453
You Select Your Stake Size, Opting for: £3 per point
What Happens Next?
  • You will make a profit of £3 for every point (SFr 0.0001) CAD/CHF increases above SFr 0.7453
  • You will lose £3 for each point (SFr 0.0001) CAD/CHF pushes below SFr 0.7453
If You Are Going Long of a Market Your Profits/Losses = (Settlement Price - Initial Price) x stake
 
Trading Scenario 1
CAD/CHF pushes higher and the financial spread betting market is adjusted and moved to SFr 0.7495 - SFr 0.7499, i.e. the market moves to:   0.7495   0.7499
Time to Lock in a Profit? You can opt to leave your trade open or close it, i.e. close your position for a profit. For this example, you choose to settle your trade and sell at SFr 0.7495.
Your Profits/Losses = (Settlement Price - Initial Price) x stake
(SFr 0.7495 - SFr 0.7453) x £3 per point (£3 per SFr 0.0001)
SFr 0.0042 x £3 per point
42 points x £3 per point
Your Profits/Losses = £126 profit
 
Trading Scenario 2
CAD/CHF falls and the spread betting market changes to SFr 0.7416 - SFr 0.7420. I.e. you would see:   0.7416   0.7420
Limit Your Loss? At this point, you can choose to keep your bet open or close it, i.e. close your position to limit your losses. For this example, you choose to close your trade by selling the market at SFr 0.7416.
Your Profits/Losses = (Settlement Price - Initial Price) x stake
(SFr 0.7416 - SFr 0.7453) x £3 per point (£3 per SFr 0.0001)
-SFr 0.0037 x £3 per point
-37 points x £3 per point
Your Profits/Losses = -£111 loss


Spread Trading Example - Taking a Short Position on CAD/CHF

Spread trading on the currency market to move down

You Decide to Buy or Sell: CAD/CHF to push:

  Spread Betting Above SFr 0.7453? or
  Spread Betting Below SFr 0.7449?

You Might Choose to Sell:   Spread Betting Below SFr 0.7449
You Select How Much to Risk, Let's Assume You Opt For: £2 per point
So Now What Happens?
  • You will lose £2 for each point (SFr 0.0001) CAD/CHF pushes above SFr 0.7449
  • You will make a profit of £2 for each point (SFr 0.0001) CAD/CHF decreases below SFr 0.7449
If You Are Speculating on a Market to Decrease Your Profits/Losses = (Initial Price - Settlement Price) x stake
 
Trading Scenario 3
CAD/CHF goes lower and the market is revised and set at SFr 0.7392 - SFr 0.7396. Therefore you would see this on Financial Spreads:   0.7392   0.7396
Time to Lock in Your Profit? At this point, you can choose to let your spread bet run or close it for a profit. In this case you decide to close your position and buy the market at SFr 0.7396.
Your Profits/Losses = (Initial Price - Settlement Price) x stake
(SFr 0.7449 - SFr 0.7396) x £2 per point (£2 per SFr 0.0001)
SFr 0.0053 x £2 per point
53 points x £2 per point
Your Profits/Losses = £106 profit
 
Trading Scenario 4
CAD/CHF moves higher and the spread trading market becomes SFr 0.7492 - SFr 0.7496. I.e. you'd see:   0.7492   0.7496
Close and Restrict Your Loss?You can decide to keep your position open or close it, i.e. close your spread bet and restrict your losses. In this example you opt to settle your trade and buy at SFr 0.7496.
Your Profits/Losses = (Initial Price - Settlement Price) x stake
(SFr 0.7449 - SFr 0.7496) x £2 per point (£2 per SFr 0.0001)
-SFr 0.0047 x £2 per point
-47 points x £2 per point
Your Profits/Losses = -£94 loss

Where Can I Practice Financial Spread Betting on CAD/CHF?

Financial Spreads provide a free Demo Account where you are able to try out CFD trading and spread betting, review the real time charts, test new trading orders and try out new ideas on markets including CAD/CHF.

The Demo Account has a wide range of markets such as equities, index markets, commodities and foreign exchange rates.

Open a Free Spread Betting / CFD Trading Demo Account



Contact Customer Support

+44 (0) 203 301 0483
support@financialspreads.com

Also see:
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.