NZD/CHF Spread Betting

The CleanFinancial guide to NZD/CHF spread betting.

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

Live NZD/CHF Chart & Prices

This CFD trading chart will provide readers with a handy look at the NZD/CHF market.


The above Plus500 chart normally tracks the NZD/CHF futures contract (not the spot market).

If you would like access to spread betting prices and charts for NZD/CHF, you will need to apply for a financial spread betting account.

You can also use a spreads account to access the short-term daily prices. Please note that opening such an account is subject to suitability, status and credit checks.

Should your new account be approved then you can log in and analyse the real time prices and charts. Usually, these are provided for free, however, the catch is that you could get an occasional letter and/or email from your financial spread betting firm.

Of course, if you want to trade then be aware that spread trading and CFD trading involve a high level of risk and can result in losses that are greater than your initial investment.

Where Can I Spread Bet on NZD/CHF?

You can trade NZD/CHF, plus a variety of other related online markets, through companies such as:

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

NZD/CHF Market Analysis and Trading News

» More forex trading views and analysis.


Example forex market candlestick chart



The spread trading brokers in the list below provide their clients with live charts/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 NZD/CHF for Free?

Speculating on the financial markets does involve risk. However, if you want to open a Demo Account, that allows you to trial spread trading, then please see below for further details.

When considering which trading option might work for you, don’t forget that spread betting, in the UK, is currently tax free*, i.e. there is no income tax, capital gains tax or stamp duty.

If you want a free spread betting site then you should keep in mind that you can take a position on NZD/CHF without paying any commissions or brokers’ fees via companies like:

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

Free Demo Account

If you want a free Demo Account where users are able to trial spread betting, and markets like NZD/CHF, then you could look into:

• Financial Spreads
• Inter Trader

The above companies currently provide a Test Account which lets investors study professional level charts, gain experience with a range of trading orders and test new trading ideas.

How to Spread Bet on NZD/CHF?

As with a wide range of financial markets, it is possible to speculate on forex rates, such as NZD/CHF, to go up or down.

Looking at Capitalspreads, we can see that they are showing the NZD/CHF Rolling Daily market at SFr 0.76788 – SFr 0.76848. This means an investor could spread trade on the NZD/CHF pair:

  Going above SFr 0.76848, or
  Going below SFr 0.76788

When spread trading on NZD/CHF you trade in £x per point where a point is SFr 0.00010 of the pairs movement. So, if you staked £4 per point and NZD/CHF moves 39.0 points then that would be a difference to your P&L of £156. £4 per point x SFr 0.00390 = £4 per point x 39.0 points = £156.

Rolling Daily Foreign Exchange Markets

One thing to note is that this is a Rolling Daily Market which means that unlike a normal spread betting futures market, there is no closing date. If you decide to leave your trade open at the end of the day, it will roll over to the next trading day.

If you allow your forex bet to roll over then you will often be charged a small financing fee. For a fully worked example see Rolling Daily Spread Betting.

NZD/CHF Trading Example 1

Now, if we continue with the spread of SFr 0.76788 – SFr 0.76848 and assume that:

• You’ve done your analysis of the forex markets, and
• Your analysis leads you to feel that the NZD/CHF market will go higher than SFr 0.76848

Then you may decide that you are going to buy at SFr 0.76848 and risk, for the sake of argument, £2 per point.

With such a bet you win £2 for every point (SFr 0.00010) that the NZD/CHF rate moves above SFr 0.76848. However, such a bet also means that you will make a loss of £2 for every point that the NZD/CHF market decreases lower than SFr 0.76848.

Looked at another way, if you were to buy a spread bet then your P&L is worked out by taking the difference between the closing 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 trading sessions the rate started to rise you might decide to close your spread bet to lock in your profit.

So if the market increased then the spread might move to SFr 0.77386 – SFr 0.77446. To close your trade you would sell at SFr 0.77386. Accordingly, with the same £2 stake this trade would make you a profit of:

Profit / loss = (Closing Price – Initial Price) x stake
Profit / loss = (SFr 0.77386 – SFr 0.76848) x £2 per point stake
Profit / loss = SFr 0.00538 x £2 per point stake
Profit / loss = 53.8 points x £2 per point stake
Profit / loss = £107.60 profit

Trading forex, whether by spread betting or otherwise, is not straightforward. With the above, you had bet that the currency pair would go up. However, it might decrease.

If the NZD/CHF rate fell then you might choose to close your trade in order to limit your losses.

Should the market pull back to SFr 0.76387 – SFr 0.76447 you would settle your position by selling at SFr 0.76387. That would mean you would make a loss of:

Profit / loss = (Closing Price – Initial Price) x stake
Profit / loss = (SFr 0.76387 – SFr 0.76848) x £2 per point stake
Profit / loss = -SFr 0.00461 x £2 per point stake
Profit / loss = -46.1 points x £2 per point stake
Profit / loss = -£92.20 loss

Note – NZD/CHF Rolling Daily forex market quoted as of 11-Sep-12.

How to Spread Bet on New Zealand Dollar – Swiss Franc – Example 2

Looking at a site like InterTrader, we can see they are pricing the New Zealand Dollar – Swiss Franc Rolling Daily market at SFr 0.76823 – SFr 0.76883. As a result, an investor can spread trade on the New Zealand Dollar – Swiss Franc pair:

  Moving above SFr 0.76883, or
  Moving below SFr 0.76823

Whilst placing a spread bet on New Zealand Dollar – Swiss Franc you trade in £x per point where a point is SFr 0.00010 of the pairs movement. As a result, if you invest £2 per point and New Zealand Dollar – Swiss Franc moves 39.0 points then that would alter your P&L by £78. £2 per point x SFr 0.00390 = £2 per point x 39.0 points = £78.

Now, if you think about the spread of SFr 0.76823 – SFr 0.76883 and assume that:

• You’ve completed your analysis of the foreign exchange markets, and
• Your analysis suggests that the New Zealand Dollar – Swiss Franc market will rise higher than SFr 0.76883

Then you may decide that you want to buy at SFr 0.76883 for a stake of £3 per point.

Therefore, you win £3 for every point (SFr 0.00010) that the New Zealand Dollar – Swiss Franc rate rises above SFr 0.76883. However, it also means that you will make a loss of £3 for every point that the New Zealand Dollar – Swiss Franc market falls lower than SFr 0.76883.

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

As a result, if after a few days the FX rate started to increase then you might want to close your position and therefore lock in your profits.

Taking this a step further, if the market did go up then the spread, set by the spreads firm, might be adjusted to SFr 0.77306 – SFr 0.77366. In order to close your trade you would sell at SFr 0.77306. As a result, with the same £3 stake this trade would result in a profit of:

Profit = (Settlement Level – Initial Level) x stake
Profit = (SFr 0.77306 – SFr 0.76883) x £3 per point stake
Profit = SFr 0.00423 x £3 per point stake
Profit = 42.3 points x £3 per point stake
Profit = £126.90 profit

Trading forex, whether by spread trading or otherwise, doesn’t always go to plan. In the above example, you had bet that the forex pair would rise. Nevertheless, the currency rate could fall.

If the New Zealand Dollar – Swiss Franc rate had started to drop then you could close your position to limit your losses.

Should the market drop to SFr 0.76422 – SFr 0.76482 then this means you would settle your position by selling at SFr 0.76422. Therefore, you would make a loss of:

Loss = (Settlement Level – Initial Level) x stake
Loss = (SFr 0.76422 – SFr 0.76883) x £3 per point stake
Loss = -SFr 0.00461 x £3 per point stake
Loss = -46.1 points x £3 per point stake
Loss = -£138.30 loss

Note – New Zealand Dollar – Swiss Franc Rolling Daily forex market correct as of 18-Sep-12.