GBP/CHF Spread Betting

The CleanFinancial guide to GBP/CHF spread betting.

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

Live GBP/CHF Chart & Prices

The live contracts for difference chart below will offer users a helpful look at the GBP/CHF forex rate.


The above chart is provided by Plus500 and normally follows the near-term GBP/CHF futures market (not the spot market).

If you want to check real-time spread betting charts and prices for GBP/CHF, you will normally require a spread trading account.

You can also use a spreads account to access daily contracts. Users should note that opening an account is normally dependent on suitability, status and credit checks.

If your account application is accepted then, once logged on, you will be able to view the real time prices and charts. These are usually provided for free. The catch? You could get an occasional call or email from your chosen financial spread betting broker.

Of course, if you do decide to trade then, before starting, remember that financial spread trading and contracts for difference carry a high level of risk to your funds and you can lose more than your initial deposit.

Where Can I Spread Bet on GBP/CHF?

Currently, you are able to speculate without paying any commissions on GBP/CHF, in addition to a range of related financial markets, through providers like:

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

GBP/CHF Market Analysis and Trading News

» More forex trading views and analysis.


Sample forex candle chart



The financial spread betting brokers in the following list offer account holders access to live prices/charts:

• 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 GBP/CHF for Free?

Investing in the financial markets involves an element of risk. However, if you’d like to open an entirely free Practice Account, that allows you to look at candlestick charts and try out spread betting, then see below for further details.

When thinking about which investment option is right for you, also remember that, in the UK, spread trading is currently tax free*, i.e. there is no stamp duty, income tax or capital gains tax.

If you’re trying to find a free spread trading site, note that you are able to take a view on GBP/CHF with zero commissions and no brokers’ fees with:

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

Free Demo Account

If you want an entirely free Practice Account which allows users to get a better feel for financial spread betting, including trading markets like GBP/CHF, then you can always take a look at:

• Financial Spreads
• Inter Trader

Each of the above spread trading companies provide a Practice Account which investors can use to try out new ideas, use professional level charts and apply orders.

How to Spread Bet on GBP/CHF?

As with a range of financial markets, an investor can spread bet on forex rates, like GBP/CHF, to either increase or decrease.

Looking at a site like IG, we can see they are currently pricing the GBP/CHF Rolling Daily market at SFr 1.50906 – SFr 1.50956. This means that an investor could put a spread bet on the GBP/CHF pair:

  Moving above SFr 1.50956, or
  Moving below SFr 1.50906

Whilst financial spread betting on GBP/CHF you trade in £x per point where a point is SFr 0.00010 of the pairs movement. As a result, if you decide to have a stake of £4 per point and GBP/CHF moves 29.0 points then there would be a difference to your profits (or losses) of £116. £4 per point x SFr 0.00290 = £4 per point x 29.0 points = £116.

Rolling Daily Foreign Exchange Markets

You should note that this is a ‘Rolling Daily Market’, therefore there is no preset closing date for this market. You do not have to close your position, should it still be open at the end of the trading day, it just rolls over to the next day.

If your FX trade is rolled over then you will be charged a small overnight financing fee. For more information see Rolling Daily Spread Betting.

GBP/CHF Trading Example 1

Now, if we take the above spread of SFr 1.50906 – SFr 1.50956 and assume that:

• You have done your analysis, and
• Your research leads you to think the GBP/CHF rate will push higher than SFr 1.50956

Then you might decide to buy a spread bet at SFr 1.50956 for a stake of, let’s say, £3 per point.

So, you win £3 for every point (SFr 0.00010) that the GBP/CHF rate pushes above SFr 1.50956. However, it also means that you will make a loss of £3 for every point that the GBP/CHF market moves below SFr 1.50956.

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

As a result, if after a few sessions the rate started to increase then you might think about closing your position in order to guarantee your profit.

If that happened then the spread, set by the spread trading firm, might move up to SFr 1.51333 – SFr 1.51383. You would close your spread bet by selling at SFr 1.51333. Accordingly, with the same £3 stake you would calculate your profit as:

Profits (or losses) = (Settlement Level – Initial Level) x stake
Profits (or losses) = (SFr 1.51333 – SFr 1.50956) x £3 per point stake
Profits (or losses) = SFr 0.00377 x £3 per point stake
Profits (or losses) = 37.7 points x £3 per point stake
Profits (or losses) = £113.10 profit

Financial spread betting can work against you. In the above example, you had bet that the forex rate would rise. However, the FX rate could fall.

If the GBP/CHF market weakened, against your expectations, then you could choose to close your spread bet to stop any further losses.

Should the market drop to SFr 1.50526 – SFr 1.50576 then this means you would settle your spread bet by selling at SFr 1.50526. That would mean you would make a loss of:

Profits (or losses) = (Settlement Level – Initial Level) x stake
Profits (or losses) = (SFr 1.50526 – SFr 1.50956) x £3 per point stake
Profits (or losses) = -SFr 0.00430 x £3 per point stake
Profits (or losses) = -43.0 points x £3 per point stake
Profits (or losses) = -£129.00 loss

Note: GBP/CHF Rolling Daily spread correct as of 11-Sep-12.

How to Spread Bet on Sterling – Swiss Franc – Example 2

Looking at a site like Capitalspreads, we can see that they are currently pricing the Sterling – Swiss Franc Rolling Daily market at SFr 1.50831 – SFr 1.50881. This means an investor could spread trade on the Sterling – Swiss Franc rate:

  Rising above SFr 1.50881, or
  Falling below SFr 1.50831

When making a spread bet on Sterling – Swiss Franc you trade in £x per point where a point is SFr 0.00010 of the pairs movement. As a result, if you choose to risk £5 per point and Sterling – Swiss Franc moves 25.0 points then that would make a difference to your P&L of £125. £5 per point x SFr 0.00250 = £5 per point x 25.0 points = £125.

Now, if we consider the spread of SFr 1.50831 – SFr 1.50881 and make the assumptions:

• You’ve analysed the currency markets, and
• Your analysis leads you to feel that the Sterling – Swiss Franc rate will go above SFr 1.50881

Then you may decide that you are going to buy a spread bet at SFr 1.50881 for a stake of £4 per point.

This means that you win £4 for every point (SFr 0.00010) that the Sterling – Swiss Franc pair pushes higher than SFr 1.50881. Having said that, you will make a loss of £4 for every point that the Sterling – Swiss Franc market falls lower than SFr 1.50881.

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

As a result, if after a few days the forex pair moved higher then you might want to close your position to lock in your profit.

As an example, if the market increased then the spread, set by the spread betting company, could change to SFr 1.51183 – SFr 1.51233. You would close/settle your spread bet by selling at SFr 1.51183. As a result, with the same £4 stake:

Profit / loss = (Closing Price – Initial Price) x stake
Profit / loss = (SFr 1.51183 – SFr 1.50881) x £4 per point stake
Profit / loss = SFr 0.00302 x £4 per point stake
Profit / loss = 30.2 points x £4 per point stake
Profit / loss = £120.80 profit

Financial spread betting on FX is not easy. With this example, you had bet that the FX pair would rise. Naturally, the currency rate can also go down.

If the Sterling – Swiss Franc market dropped then you might decide to settle/close your position to stop any further losses.

If the spread dropped to SFr 1.50542 – SFr 1.50592 then this means you would close your spread bet by selling at SFr 1.50542. If so, that would mean you would lose:

Profit / loss = (Closing Price – Initial Price) x stake
Profit / loss = (SFr 1.50542 – SFr 1.50881) x £4 per point stake
Profit / loss = -SFr 0.00339 x £4 per point stake
Profit / loss = -33.9 points x £4 per point stake
Profit / loss = -£135.60 loss

Note – Sterling – Swiss Franc Rolling Daily spread betting price accurate as of 18-Sep-12.