AUD/NZD Spread Betting

The CleanFinancial guide to AUD/NZD spread betting.

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

Live AUD/NZD Chart & Prices

The real-time CFD chart below will offer users a useful guide to the AUD/NZD currency market.


The chart above is from Plus 500 and typically tracks the underlying AUD/NZD futures price (not the daily market).

To access real time spread trading charts/prices for AUD/NZD, you may require a spread trading account.

A spreads account also lets you access the shorter term spot prices. Users should note that opening any such account is subject to status, credit and suitability checks.

If your application is accepted then, once logged on, you will be able to see the charts and the current pricing. Usually, these are provided as part of the service, however, the catch is that you might receive the odd email or call from your online spread betting firm.

If you want to trade then, before starting, you should note that financial spread betting and CFDs do carry a high level of risk to your funds and it’s possible to incur losses that exceed your initial deposit.

Where Can I Spread Bet on AUD/NZD?

Currently, you can financial spread bet without commissions or brokers’ fees on AUD/NZD by trading with the following firms:

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

AUD/NZD Market Analysis and Trading News

» More forex trading views and analysis.


Sample FinancialSpreads FX market trading chart



The following spread betting brokers provide their clients with 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/NZD for Free?

Investing isn’t without risk. Nevertheless, if you want to open a completely free Test Account, that allows you to try financial spread betting, see below for more details.

Furthermore, don’t forget that spread betting, in the UK, is tax free*, i.e. it is exempt from stamp duty, capital gains tax and income tax.

If you are trying to find a free spread betting platform then note that investors are able to speculate on AUD/NZD without commissions or brokers’ fees through providers such as:

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

Free Demo Account

Should you want to have a look at a free Practice Account / Demo Account that allows users to try spread betting, and markets like the FTSE 100, crude oil, EUR/USD and AUD/NZD, then you can always consider:

• Financial Spreads
• Inter Trader

The spread betting companies listed above offer a Practice Account which lets users look at charts, try out strategies and practice with a host of orders, like guaranteed stop losses and stop losses.

How to Spread Bet on AUD/NZD?

As with many global financial markets, you can speculate on FX rates, like AUD/NZD, to go up or down.

Looking at a spread trading website like FinancialSpreads.com, we can see that they are currently showing the AUD/NZD Rolling Daily market at NZ$1.27569 – NZ$1.27669. This means that an investor could put a spread bet on the AUD/NZD pair:

  Going above NZ$1.27669, or
  Going below NZ$1.27569

When spread trading on AUD/NZD you trade in £x per point where a point is NZ$0.00010 of the pairs movement. So, if you decide to invest £4 per point and AUD/NZD moves 20.0 points then that would change your profits (or losses) by £80. £4 per point x NZ$0.00200 = £4 per point x 20.0 points = £80.

Rolling Daily Foreign Exchange Markets

This is a Rolling Daily Market which means that in contrast with futures markets, there is no closing date. As a result, if your trade is still open at the end of the trading day, it simply keeps rolling over into the next day.

If you do roll over a forex trade then you’ll usually be charged a small overnight financing fee. For more information see Rolling Daily Spread Betting.

AUD/NZD Trading Example 1

Now, if you consider the above spread of NZ$1.27569 – NZ$1.27669 and make the assumptions that:

• You’ve analysed the foreign exchange markets, and
• Your research leads you to think that the AUD/NZD rate will go higher than NZ$1.27669

Then you could decide to go long of the market at NZ$1.27669 and risk, for example, £3 per point.

This means that you win £3 for every point (NZ$0.00010) that the AUD/NZD rate moves above NZ$1.27669. On the other hand, it also means you will make a loss of £3 for every point that the AUD/NZD market moves below NZ$1.27669.

Thinking of this in a slightly different way, should you ‘Buy’ a spread bet then your profit/loss is found by taking the difference between the final price of the market and the price you bought the market at. You then multiply that difference in price by your stake.

As a result, if after a few sessions the rate started to increase then you might think about closing your trade and therefore lock in your profits.

As an example, if the market increased then the spread might move to NZ$1.28116 – NZ$1.28216. To close your trade you would sell at NZ$1.28116. Accordingly, with the same £3 stake you would make a profit of:

Profit / loss = (Final Level – Initial Level) x stake
Profit / loss = (NZ$1.28116 – NZ$1.27669) x £3 per point stake
Profit / loss = NZ$0.00447 x £3 per point stake
Profit / loss = 44.7 points x £3 per point stake
Profit / loss = £134.10 profit

Speculating on currencies, whether by spread betting or otherwise, is not simple. With the above, you wanted the forex rate to increase. Of course, the currency rate might fall.

If the AUD/NZD market had fallen then you might choose to close your spread bet to stop any further losses.

Should the market pull back to NZ$1.27273 – NZ$1.27373 then this means you would close your trade by selling at NZ$1.27273. As a result, your loss would be:

Profit / loss = (Final Level – Initial Level) x stake
Profit / loss = (NZ$1.27273 – NZ$1.27669) x £3 per point stake
Profit / loss = -NZ$0.00396 x £3 per point stake
Profit / loss = -39.6 points x £3 per point stake
Profit / loss = -£118.80 loss

Note – AUD/NZD Rolling Daily forex market taken as of 11-Sep-12.

Spread Betting on Australian Dollar – New Zealand Dollar – Example 2

Looking at a financial spread betting site like Tradefair, we can see that they are offering the Australian Dollar – New Zealand Dollar Rolling Daily market at NZ$1.26093 – NZ$1.26193. As a result, you can put a spread bet on the Australian Dollar – New Zealand Dollar pair:

  Rising above NZ$1.26193, or
  Falling below NZ$1.26093

When placing a spread bet on Australian Dollar – New Zealand Dollar you trade in £x per point where a point is NZ$0.00010 of the pairs movement. As a result, if you staked £5 per point and Australian Dollar – New Zealand Dollar moves 25.0 points then that would be a difference to your profit/loss of £125. £5 per point x NZ$0.00250 = £5 per point x 25.0 points = £125.

So, if we take the above spread of NZ$1.26093 – NZ$1.26193 and make the assumptions that:

• You have completed your forex market research, and
• Your research leads you to think that the Australian Dollar – New Zealand Dollar market will increase and go above NZ$1.26193

Then you could decide that you want to buy a spread bet at NZ$1.26193 and invest, let’s say, £2 per point.

With such a bet you win £2 for every point (NZ$0.00010) that the Australian Dollar – New Zealand Dollar rate rises higher than NZ$1.26193. Nevertheless, it also means that you will lose £2 for every point that the Australian Dollar – New Zealand Dollar market falls below NZ$1.26193.

Put another way, should you ‘Buy’ a spread bet then your profits (or losses) are worked out by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that price difference by your stake.

If after a few days the currency rate rose then you might consider closing your spread bet so that you can secure your profit.

So if the market moved up then the spread, determined by the spread betting company, might change to NZ$1.26635 – NZ$1.26735. In order to close/settle your position you would sell at NZ$1.26635. Therefore, with the same £2 stake you would make a profit of:

Profit / loss = (Final Value – Initial Value) x stake
Profit / loss = (NZ$1.26635 – NZ$1.26193) x £2 per point stake
Profit / loss = NZ$0.00442 x £2 per point stake
Profit / loss = 44.2 points x £2 per point stake
Profit / loss = £88.40 profit

Speculating on forex, whether by spread betting or otherwise, can go against you. In this case, you had bet that the FX pair would increase. Naturally, the forex rate can also fall.

If the Australian Dollar – New Zealand Dollar rate decreased, contrary to your expectations, then you might choose to close your position in order to restrict your losses.

Should the spread fall back to NZ$1.25720 – NZ$1.25820 you would settle your position by selling at NZ$1.25720. That would mean you would make a loss of:

Profit / loss = (Final Value – Initial Value) x stake
Profit / loss = (NZ$1.25720 – NZ$1.26193) x £2 per point stake
Profit / loss = -NZ$0.00473 x £2 per point stake
Profit / loss = -47.3 points x £2 per point stake
Profit / loss = -£94.60 loss

Note: Australian Dollar – New Zealand Dollar Rolling Daily FX market correct as of 18-Sep-12.