Guide to Euro/Swiss Franc Spread Betting

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on EUR/CHF?

Using a FinancialSpreads account investors can take a position on a wide variety of foreign exchange pairs. Spread betting and CFD markets include EUR/CHF as well as the USD/JPY, GBP/USD and USD/CHF.

Where Can I Access Live EUR/CHF Prices?

When trading with FinancialSpreads clients can trade on over a thousand live prices such as EUR/CHF and a wide range of other currencies, indices, equities and commodities prices.

Where Can I Get Live EUR/CHF Charts?

With a FinancialSpreads account investors can make use of up-to-the-minute candlestick charts for EUR/CHF and numerous other markets.

Along with multiple chart types, the charting package also has a range of benefits:
Sample FinancialSpreads currency market trading chart:

Forex Spread Betting Charts



A Guide to Spread Betting on EUR/CHF

Let's say you log on to Financial Spreads and the live price is:

  EUR/CHF Rolling Spot Sell

1.0596
Buy

1.0598


This is a guide to how the market works:

Market:EUR/CHF Rolling Spot
The Spread Betting Price:SFr 1.0596 - SFr 1.0598
This Means:You can speculate on the EUR/CHF Rolling Spot market to move:

  Spread Betting Above SFr 1.0598, or
  Spread Betting Below SFr 1.0596

This is a 'Rolling' market which means that there is no final closing date for this trade. If you don't close your trade and the session ends then your trade will roll over into the next trading session.

Note: if the trade is rolled over then you will normally either be charged or receive interest for overnight financing based on whether you are speculating on the market to go up or down. For additional information see Rolling Spread Bets.
Units (Points) Traded:Bets on the EUR/CHF market are priced in £x per point.

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

E.g. if EUR/CHF moves by SFr 0.0050 then you would lose or win 50 multiples of your stake.
Stake Size per Unit:You choose how much you are going to risk per point, e.g. £1 per point, £8 per point, £15 per point etc.
Quick Staking Exercise:With that in mind, if you decided on a stake of £3 per point and EUR/CHF changes by SFr 0.0023 (23 points), you would win / lose £3 per point x 23 points = £69.


Worked Spread Betting Example - Taking a Bullish View of EUR/CHF

Financial spread trading on the forex pair to move up

You Decide Whether to Go Long or Short: EUR/CHF to go:

  Spread Betting Above SFr 1.0598? or
  Spread Betting Below SFr 1.0596?

Let's Say You Want to Go Long:   Spread Betting Above SFr 1.0598
You Select Your Stake Size, Let's Assume You Opt For: £1 per point
What Happens Now?
  • You win £1 for every point (SFr 0.0001) EUR/CHF rises higher than SFr 1.0598
  • Your trade loses £1 for each point (SFr 0.0001) EUR/CHF pushes lower than SFr 1.0598
When Spread Betting on a Market to Rise Your Profits/Losses = (Final Price - Opening Price) x stake
 
Example 1
EUR/CHF pushes higher and the financial spread betting market is revised to SFr 1.0696 - SFr 1.0698. I.e. the market moves to:   1.0696   1.0698
Time to Lock in Your Profit? At this point, you could opt to keep your position open or close it, i.e. close your trade to lock in a profit. In this instance you choose to close your position by selling at SFr 1.0696.
Your Profits/Losses = (Final Price - Opening Price) x stake
(SFr 1.0696 - SFr 1.0598) x £1 per point (£1 per SFr 0.0001)
SFr 0.0098 x £1 per point
98 points x £1 per point
Your Profits/Losses = £98 profit
 
Example 2
EUR/CHF drops and the spread trading market is adjusted and moved to SFr 1.0513 - SFr 1.0515, i.e. on Financial Spreads you would see:   1.0513   1.0515
Time to Restrict Your Loss? You can choose to leave your position open or close it, i.e. close your position and limit your loss. In this instance you opt to close your bet by selling the market at SFr 1.0513.
Your Profits/Losses = (Final Price - Opening Price) x stake
(SFr 1.0513 - SFr 1.0598) x £1 per point (£1 per SFr 0.0001)
-SFr 0.0085 x £1 per point
-85 points x £1 per point
Your Profits/Losses = -£85 loss


Spread Trading Example - Taking a Bearish View of EUR/CHF

Financial spread betting on the forex pair to move down in value

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

  Spread Betting Above SFr 1.0598? or
  Spread Betting Below SFr 1.0596?

Let's Say You Go Short:   Spread Betting Below SFr 1.0596
You Choose Your Stake, Let's Say You Choose: £2 per point
Now What?
  • Your trade loses £2 for each point (SFr 0.0001) EUR/CHF increases higher than SFr 1.0596
  • You win £2 for each point (SFr 0.0001) EUR/CHF moves lower than SFr 1.0596
If You Go Short With a Spread Bet Your Profits/Losses = (Opening Price - Final Price) x stake
 
Example 3
EUR/CHF decreases and the market moves to SFr 1.0530 - SFr 1.0532, therefore you'd see this on Financial Spreads:   1.0530   1.0532
Close and Take a Profit? At this point, you can choose to let your spread bet run or close it, i.e. close your position to lock in a profit. In this case you decide to close your trade and buy the market at SFr 1.0532.
Your Profits/Losses = (Opening Price - Final Price) x stake
(SFr 1.0596 - SFr 1.0532) x £2 per point (£2 per SFr 0.0001)
SFr 0.0064 x £2 per point
64 points x £2 per point
Your Profits/Losses = £128 profit
 
Example 4
EUR/CHF moves higher and the spread betting market is revised and moved to SFr 1.0649 - SFr 1.0651, therefore you would see this on Financial Spreads:   1.0649   1.0651
Close and Restrict Your Loss?You may decide to let your bet run or close it and limit your loss. In this example you opt to close your bet by buying the market at SFr 1.0651.
Your Profits/Losses = (Opening Price - Final Price) x stake
(SFr 1.0596 - SFr 1.0651) x £2 per point (£2 per SFr 0.0001)
-SFr 0.0055 x £2 per point
-55 points x £2 per point
Your Profits/Losses = -£110 loss

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

FinancialSpreads.com offers you the chance to try new ideas by using a free Demo Account, demo markets include EUR/CHF.

The Financial Spreads Demo Account comes with more than the market above; traders can gain trading experience on a large variety of indices, exchange rates, commodities and equities.

Open a Spread Betting / CFD Trading Demo Account



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Also see:
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