Guide to Sterling/Swiss Franc Spread Betting

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on GBP/CHF?

When using a Financial Spreads account investors are able to spread bet on a wide array of foreign exchange pairs. Financial spread betting and CFD markets include GBP/CHF as well as the EUR/GBP, EUR/USD and AUD/USD.

Where Can I Access Live GBP/CHF Prices?

A FinancialSpreads account provides investors with live pricing on 1,000+ CFD and spread trading markets including GBP/CHF and a wide range of other FX, equities, commodities and indices markets.

Where Can I Get Live GBP/CHF Charts?

With a FinancialSpreads account you can access live charts for GBP/CHF and over 1,000 other spread trading and CFD markets.

As well as the various display styles, the charting package also has a wide array of benefits:
Example FX market spread trading chart:

Forex Spread Betting Charts



A Guide to Spread Betting on GBP/CHF

As an example, let's suppose you sign into the FinancialSpreads website and the trading platform is showing a quote of:

  GBP/CHF Rolling Spot Sell

1.4317
Buy

1.4320


Here's a brief guide to how it works...

Spread Betting Market:GBP/CHF Rolling Spot
Spread Betting Quote:SFr 1.4317 - SFr 1.4320
This Means That:Now you can spread bet on the GBP/CHF Rolling Spot market to go:

  Spread Betting Above SFr 1.4320, or
  Spread Betting Below SFr 1.4317

This is a Rolling spread betting market which means that there is no settlement date. If you decide not to close your position and the trading session ends then your trade will automatically roll over to the next session.

Note: if a trade rolls over then you will either receive or pay a small fee for overnight financing based upon whether you are speculating on the market to go up or down. For additional information see Rolling Spread Bets.
Units Traded:Spread trades on the GBP/CHF market are made in £x per point.

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

E.g. if GBP/CHF moves by SFr 0.0050 then you would lose/win 50 multiples of your stake.
Stake Size per Unit:You choose your stake per point, e.g. £3 per point, £8 per point, £15 per point etc.
Brief Example:For example, if you had a stake of £2 per point and GBP/CHF changes by SFr 0.0021 (21 points), you would lose or gain £2 per point x 21 points = £42.


Worked Spread Trading Example - Buying GBP/CHF

Financial spread betting on the currency rate to increase

You Consider Whether to Go Long or Short: GBP/CHF going:

  Spread Betting Above SFr 1.4320? or
  Spread Betting Below SFr 1.4317?

You Might Want to Go Long:   Spread Betting Above SFr 1.4320
You Choose Your Stake Size, Let's Say You Choose: £3 per point
So What Now?
  • You make a gain of £3 for each point (SFr 0.0001) GBP/CHF moves above SFr 1.4320
  • You lose £3 for every point (SFr 0.0001) GBP/CHF falls lower than SFr 1.4320
When You Buy a Market Your P/L = (Closing Price - Initial Price) x stake
 
Trading Example 1
GBP/CHF rises and the market adjusts and moves to SFr 1.4367 - SFr 1.4370, i.e. the market moves to:   1.4367   1.4370
Time to Take Your Profit? At this point, you may decide to leave your trade open or close it, i.e. close your spread bet for a profit. In this example you opt to settle your position by selling at SFr 1.4367.
Your P/L = (Closing Price - Initial Price) x stake
(SFr 1.4367 - SFr 1.4320) x £3 per point (£3 per SFr 0.0001)
SFr 0.0047 x £3 per point
47 points x £3 per point
Your P/L = £141 profit
 
Trading Example 2
GBP/CHF decreases and the financial spread betting market is revised and set at SFr 1.4277 - SFr 1.4280. Therefore you'd see this on Financial Spreads:   1.4277   1.4280
Restrict the Loss? At this point, you could opt to keep your trade open or close it and limit your loss. For this example, you opt to settle your position by selling the market at SFr 1.4277.
Your P/L = (Closing Price - Initial Price) x stake
(SFr 1.4277 - SFr 1.4320) x £3 per point (£3 per SFr 0.0001)
-SFr 0.0043 x £3 per point
-43 points x £3 per point
Your P/L = -£129 loss


Trading Example - Taking a Short Position on GBP/CHF

Spread betting on the currency rate to go lower

You Choose Whether to Buy or Sell: GBP/CHF to push:

  Spread Betting Above SFr 1.4320? or
  Spread Betting Below SFr 1.4317?

Let's Say You Want to Go Short:   Spread Betting Below SFr 1.4317
You Select How Much to Risk, Let's Assume You Choose: £2 per point
So Now What Happens?
  • You lose £2 for every point (SFr 0.0001) GBP/CHF rises above SFr 1.4317
  • You make a gain of £2 for every point (SFr 0.0001) GBP/CHF falls below SFr 1.4317
If You Are Betting on a Market to Fall Your P/L = (Initial Price - Closing Price) x stake
 
Trading Example 3
GBP/CHF drops and the spread trading market is revised and changes to SFr 1.4256 - SFr 1.4259, i.e. you'd see:   1.4256   1.4259
Time to Take a Profit? At this point, you may choose to leave your bet open or close it in order to lock in your profit. For this example, you decide to settle your trade by buying the market at SFr 1.4259.
Your P/L = (Initial Price - Closing Price) x stake
(SFr 1.4317 - SFr 1.4259) x £2 per point (£2 per SFr 0.0001)
SFr 0.0058 x £2 per point
58 points x £2 per point
Your P/L = £116 profit
 
Trading Example 4
GBP/CHF climbs and the spread betting market becomes SFr 1.4368 - SFr 1.4371. So you'd see this on Financial Spreads:   1.4368   1.4371
Restrict Your Loss?At this point, you could choose to let your spread bet run or close it to limit your loss. In this instance you decide to settle your bet and buy at SFr 1.4371.
Your P/L = (Initial Price - Closing Price) x stake
(SFr 1.4317 - SFr 1.4371) x £2 per point (£2 per SFr 0.0001)
-SFr 0.0054 x £2 per point
-54 points x £2 per point
Your P/L = -£108 loss

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

Financial Spreads offers traders the ability to try out new ideas by using a free Demo Account, markets include GBP/CHF.

The Financial Spreads Demo Account doesn't just offer the market above; traders can also get experience using a wide range of exchange rates, commodity markets, equities and index markets.

Open a CFDs / Spread Betting Demo Account



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Also see:
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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.