AUD/JPY Spread Betting

The CleanFinancial guide to AUD/JPY spread betting.

• Where Can I Spread Bet on AUD/JPY?
• Live AUD/JPY Charts
• Live AUD/JPY Prices
• AUD/JPY Trading News and Analysis
• Where Can I Trade AUD/JPY for Free?
• Where Can I Practice Trading AUD/JPY?
• How to Spread Bet on AUD/JPY?
• Forex Spread Betting Guide

Live AUD/JPY Chart & Prices

We show pretty accurate daily spread betting prices, see above for AUD/JPY prices.

The real-time CFD chart and prices below will also give readers a useful insight into the AUD/JPY currency market.


The Plus500 chart above typically follows the underlying AUD/JPY futures market (not the daily market).

To check spread trading prices and charts for AUD/JPY, you will need to apply for a spread trading account.

A spreads account also gives you access to the shorter-term spot markets. Users should note that opening any such account is subject to status and credit checks.

Should your new account be accepted then, after logging on, you will be able to see the real time trading prices/charts. These are usually free, however, the catch is that you’re likely to receive the odd newsletter and/or sales call from your chosen spread trading firm.

If you do decide to trade then, before starting, be aware that CFD trading and financial spread trading do involve a high degree of risk and you can incur losses that exceed your initial deposit.

Where Can I Spread Bet on AUD/JPY?

You can spread bet without paying any commissions on AUD/JPY through an account with a number of firms:

• City Index
• Financial Spreads
• IG
• InterTrader
• Spreadex

AUD/JPY Market Analysis and Trading News

» More forex trading views and analysis.

Professional Charting Packages for AUD/JPY

Even though charting software and packages vary between platforms, the charts often come with handy features, including:

• A wide range of time intervals, for example, 2 minutes, 30 minutes, 1 day etc
• Different chart views, for example, bar and candle charts
• Tools for drawing features, for example, Fibonacci arcs, time zones and fans
• Chart overlays and indicators, for example, Exponential Moving Average, Parabolic SAR etc

Charts offered by Financial Spreads also offer other benefits such as:

• BackTesting and Analysis tools
• Automatic email alerts when a market reaches a certain price
  
  

Example FinancialSpreads.com FX rate candlestick chart



The spread trading firms listed below offer their users real time trading charts and prices:

• City Index (read review)
• ETX Capital (read review)
• Financial Spreads (read review)
• Finspreads (read review)
• IG (read review)
• Inter Trader (read review)
• Spreadex (read review)

Where Can I Trade AUD/JPY for Free?

Trading isn’t without risk. Having said that, if you want to open a completely free Demo Account, which lets you try out financial spread betting and look at professional charts, see below for further details.

When deciding which investment option is right for you, also remember that spread trading, in the UK, is currently tax free*, i.e. it is exempt from capital gains tax, stamp duty and income tax.

If you are trying to find a free spread betting site then note that you can financial spread bet on AUD/JPY with no brokers’ fees and no commissions through companies such as:

• City Index
• Financial Spreads
• IG Index
• Inter Trader
• Spreadex

Free Demo Account

Should you want to have a look at a Practice Account / Demo Account which allows users to try spread betting on markets like AUD/JPY, then you could always take a look at:

• Financial Spreads
• Inter Trader

The spread betting companies listed above currently offer a risk free Practice Account which lets investors use professional charts, gain experience with trading orders and test new trading strategies.

How to Spread Bet on AUD/JPY?

As with a wide variety of global markets, an investor can speculate on forex pairs, such as AUD/JPY, to rise or fall.

Looking at a spread betting platform like Capitalspreads, we can see they have priced the AUD/JPY Rolling Daily market at ¥81.205 – ¥81.245. As a result, an investor could put a spread bet on the AUD/JPY rate:

  Moving above ¥81.245, or
  Moving below ¥81.205

Whilst making a spread bet on AUD/JPY you trade in £x per point where a point is ¥0.010 of the pairs movement. So, if you decided to risk £3 per point and AUD/JPY moves 24.0 points then that would alter your P&L by £72. £3 per point x ¥0.240 = £3 per point x 24.0 points = £72.

Rolling Daily FX Markets

One important thing to note is that this is a Rolling Daily Market and so there is no settlement date for this market. If your trade is open at the end of the day, it just rolls over to the next trading session.

Should your FX bet roll over then you’ll usually be charged a small overnight financing fee. For a worked example please see Rolling Daily Spread Betting.

AUD/JPY Trading Example 1

If you consider the spread of ¥81.205 – ¥81.245 and assume:

• you have done your analysis, and
• you feel that the AUD/JPY market will increase and go above ¥81.245

then you might decide that you are going to go long of the market at ¥81.245 and risk, let’s say, £4 per point.

This means that you make a profit of £4 for every point (¥0.010) that the AUD/JPY FX pair rises higher than ¥81.245. Conversely, however, it also means that you will make a loss of £4 for every point that the AUD/JPY market moves below ¥81.245.

Looking at this from another angle, should you ‘Buy’ a spread bet then your profits (or losses) are calculated by taking the difference between the closing price of the market and the initial price you bought the market at. You then multiply that difference in price by your stake.

With this in mind, if after a few hours the currency rate started to increase then you might think about closing your position in order to lock in your profit. Taking this a step further, if the market did go up then the spread, set by the spread betting company, might move up to ¥81.570 – ¥81.610. You would close/settle your spread bet by selling at ¥81.570. As a result, with the same £4 stake your profit would come to:

Profit = (Settlement Level – Initial Level) x stake
Profit = (¥81.570 – ¥81.245) x £4 per point stake
Profit = ¥0.325 x £4 per point stake
Profit = 32.5 points x £4 per point stake
Profit = £130.00 profit

Speculating on FX, by spread betting or otherwise, can go against you. In this case, you wanted the currency pair to increase. Of course, it might go down.

If the AUD/JPY rate had fallen then you might choose to close your trade to stop any further losses.

So if the spread fell to ¥80.879 – ¥80.919 then this means you would sell back your position at ¥80.879. That would mean you would make a loss of:

Loss = (Settlement Level – Initial Level) x stake
Loss = (¥80.879 – ¥81.245) x £4 per point stake
Loss = -¥0.366 x £4 per point stake
Loss = -36.6 points x £4 per point stake
Loss = -£146.40 loss

Note – AUD/JPY Rolling Daily market accurate as of 11-Sep-12.

How to Spread Bet on Australian Dollar – Yen – Example 2

Looking at a spread betting platform like IG, you can see that they are showing the Australian Dollar – Yen Rolling Daily market at ¥82.165 – ¥82.205. This means you can put a spread bet on the Australian Dollar – Yen pair:

  Moving higher than ¥82.205, or
  Moving lower than ¥82.165

Whilst spread trading on Australian Dollar – Yen you trade in £x per point where a point is ¥0.010 of the pairs movement. So, if you choose to invest £3 per point and Australian Dollar – Yen moves 34.0 points then that would be a difference to your bottom line of £102. £3 per point x ¥0.340 = £3 per point x 34.0 points = £102.

If you think about the spread of ¥82.165 – ¥82.205 and make the assumptions that:

• You have done your analysis, and
• It leads you to feel that the Australian Dollar – Yen rate will move higher than ¥82.205

Then you might decide to buy a spread bet at ¥82.205 and invest, for the sake of argument, £3 per point.

With such a spread bet you win £3 for every point (¥0.010) that the Australian Dollar – Yen rate pushes above ¥82.205. Conversely, however, you will make a loss of £3 for every point that the Australian Dollar – Yen market falls below ¥82.205.

Looking at this from another angle, should you buy a spread bet then your profit/loss is found by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.

Therefore, if after a few sessions the forex rate started to rise you might decide to close your trade in order to secure your profit.

Therefore, if the market moved up then the spread, determined by the spread betting firm, could change to ¥82.575 – ¥82.615. You would settle your position by selling at ¥82.575. Accordingly, with the same £3 stake you would make:

Profits (or losses) = (Settlement Level – Initial Level) x stake
Profits (or losses) = (¥82.575 – ¥82.205) x £3 per point stake
Profits (or losses) = ¥0.370 x £3 per point stake
Profits (or losses) = 37.0 points x £3 per point stake
Profits (or losses) = £111.00 profit

Of course, trading a forex market like ‘Aussie Dollar / Japanese Yen’ is not easy. With the above, you had bet that the forex pair would increase. It could go down.

If the Aussie Dollar / Japanese Yen market weakened, against your expectations, then you could choose to close your trade in order to restrict your losses.

So if the market fell to ¥81.876 – ¥81.916 then you would settle your spread bet by selling at ¥81.876. Therefore, you would make a loss of:

Profits (or losses) = (Settlement Level – Initial Level) x stake
Profits (or losses) = (¥81.876 – ¥82.205) x £3 per point stake
Profits (or losses) = -¥0.329 x £3 per point stake
Profits (or losses) = -32.9 points x £3 per point stake
Profits (or losses) = -£98.70 loss

Note – Australian Dollar – Yen Rolling Daily spread correct as of 18-Sep-12.