USD/CHF Spread Betting

The CleanFinancial guide to USD/CHF spread betting.

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

Live USD/CHF Chart & Prices

The interactive CFDs chart below will also offer users a helpful guide to the USD/CHF market.


The Plus500 chart above is normally based on the USD/CHF futures market.

Should you want to study live financial spread betting charts and prices for USD/CHF, an option is to use a spread trading account.

A spreads account would also let you access the shorter term daily prices. Users should note that opening such an account is normally dependent on status and suitability checks.

If your application is accepted then, once logged on, you will be able to check the live trading prices and charts. On most platforms, these are provided for free. The catch is that you will probably get an occasional letter or sales call from your chosen online spread betting provider.

Of course, if you do trade then you must remember that spread betting and CFDs do carry a significant level of risk and you can incur losses that exceed your initial investment.

Where Can I Spread Bet on USD/CHF?

You can speculate on USD/CHF by trading with any of these spread betting providers:

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

USD/CHF Market Analysis and Trading News

» More forex trading views and analysis.

Where Can I Trade USD/CHF for Free?

FX trading isn’t risk free. However, if you want to open an entirely free Practice Account, that allows you to trial spread betting, then please see below for further details.

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

If you’re trying to find a free trading website then you should note that investors are able to take a view on USD/CHF without paying any brokers’ fees or commissions at:

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

Free Demo Account

If you are interested in a completely free Practice Account / Demo Account where you are able to try FX spread betting, and speculating on markets like USD/CHF, then take a look at:

• Financial Spreads
• Inter Trader

Each of these spread betting firms currently provide a free Test Account which lets investors gain experience with a variety of trading orders, try out new strategies and review professional charts.

How to Spread Bet on USD/CHF?

As with a variety of markets, you are able to spread bet on FX pairs, like USD/CHF, to rise or fall.

If we log into a spread trading website like CMC Markets, we can see they are valuing the USD/CHF Rolling Daily market at SFr 0.93867 – SFr 0.93887. This means you could spread bet on the USD/CHF rate:

  Rising above SFr 0.93887, or
  Falling below SFr 0.93867

When financial spread betting on USD/CHF you trade in £x per point where a point is SFr 0.00010 of the pairs movement. So, if you invest £4 per point and USD/CHF moves 39.0 points then that would alter your profit/loss by £156. £4 per point x SFr 0.00390 = £4 per point x 39.0 points = £156.

Rolling Daily FX Markets

It is important to note that this is a Rolling Daily Market and so unlike a normal futures market, there is no settlement date. If your position is still open at the end of the day, it will just roll over into the next trading session.

If your forex trade is rolled over then you will usually be charged a small overnight financing fee. To see a fully worked example read Rolling Daily Spread Betting.

USD/CHF Trading Example 1

So, if we think about the above spread of SFr 0.93867 – SFr 0.93887 and make the assumptions:

• you have done your analysis of the foreign exchange markets, and
• it leads you to feel that the USD/CHF rate will push higher than SFr 0.93887

then you might decide to buy a spread bet at SFr 0.93887 and invest, for the sake of argument, £2 per point.

So, you win £2 for every point (SFr 0.00010) that the USD/CHF FX rate increases above SFr 0.93887. Conversely, however, you will lose £2 for every point that the USD/CHF market goes below SFr 0.93887.

Considering this from another angle, should you buy a spread bet then your P&L is found by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that price difference by your stake.

If after a few trading sessions the forex pair moved higher then you could consider closing your spread bet to secure your profit. So if the market increased then the spread might move to SFr 0.94263 – SFr 0.94283. In order to close/settle your position you would sell at SFr 0.94263. Therefore, with the same £2 stake your profit would be calculated as:

P&L = (Closing Price – Initial Price) x stake
P&L = (SFr 0.94263 – SFr 0.93887) x £2 per point stake
P&L = SFr 0.00376 x £2 per point stake
P&L = 37.6 points x £2 per point stake
P&L = £75.20 profit

Speculating on FX, by spread trading or otherwise, is not always straightforward. In this case, you had bet that the currency pair would go up. However, the currency rate could fall.

If the USD/CHF market had fallen then you might choose to close your position in order to limit your losses.

If the market fell to SFr 0.93441 – SFr 0.93461 then this means you would settle your trade by selling at SFr 0.93441. If so, your loss would be calculated as:

P&L = (Closing Price – Initial Price) x stake
P&L = (SFr 0.93441 – SFr 0.93887) x £2 per point stake
P&L = -SFr 0.00446 x £2 per point stake
P&L = -44.6 points x £2 per point stake
P&L = -£89.20 loss

Note – USD/CHF Rolling Daily currency market quoted as of 11-Sep-12.

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

If you look at a spread betting platform like InterTrader, you can see they are currently offering the Dollar – Swiss Franc Rolling Daily market at SFr 0.92819 – SFr 0.92839. Therefore, an investor can spread bet on the Dollar – Swiss Franc rate:

  Rising higher than SFr 0.92839, or
  Falling lower than SFr 0.92819

Whilst making a spread bet on 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 choose to risk £5 per point and Dollar – Swiss Franc moves 37.0 points then that would alter your profit/loss by £185. £5 per point x SFr 0.00370 = £5 per point x 37.0 points = £185.

So, if you consider the spread of SFr 0.92819 – SFr 0.92839 and make the assumptions that:

• You have done your research, and
• You feel that the Dollar – Swiss Franc market will push above SFr 0.92839

Then you might decide that you are going to buy at SFr 0.92839 and risk £3 per point.

This trade means that you make a profit of £3 for every point (SFr 0.00010) that the Dollar – Swiss Franc FX rate increases higher than SFr 0.92839. Conversely, however, it also means that you will lose £3 for every point that the Dollar – Swiss Franc market falls lower than SFr 0.92839.

Looking at this from another angle, 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 spread at. You then multiply that price difference by your stake.

As a result, if after a few sessions the Dollar – Swissie rate started to rise you might decide to close your spread bet so that you can lock in your profit.

Taking this a step further, if the market rose then the spread, set by the spread trading company, might change to SFr 0.93257 – SFr 0.93277. You would close your trade by selling at SFr 0.93257. So, with the same £3 stake you would make:

P&L = (Final Price – Initial Price) x stake
P&L = (SFr 0.93257 – SFr 0.92839) x £3 per point stake
P&L = SFr 0.00418 x £3 per point stake
P&L = 41.8 points x £3 per point stake
P&L = £125.40 profit

Speculating on Dollar – Swissie market, whether by spread trading or otherwise, is never easy. In this case, you wanted the forex rate to rise. Of course, it could decrease.

If the US Dollar – Swiss Franc rate had fallen then you might choose to close your trade in order to restrict your losses.

So if the spread dropped to SFr 0.92468 – SFr 0.92488 you would sell back your position at SFr 0.92468. So your loss would be calculated as:

P&L = (Final Price – Initial Price) x stake
P&L = (SFr 0.92468 – SFr 0.92839) x £3 per point stake
P&L = -SFr 0.00371 x £3 per point stake
P&L = -37.1 points x £3 per point stake
P&L = -£111.30 loss

Note: Dollar – Swiss Franc Rolling Daily market quoted as of 18-Sep-12.

Swiss Franc Commitments of Traders Report – 15 May 2018 ⁽ⁱ⁾

Futures Only Positions, CME , Code 92741, (Contracts of CHF 125,000) ⁽ⁱ⁾

Reporting Firms (i)								Non-Reportable Positions (i)
Non-Commercial (i)			Commercial (i)		Total Reportable (i)
Commitments (i)							Open (i) Interest	Commitments
Long (i)	Short (i)	Spreads (i)	Long	Short	Long	Short		Long	Short
25,724	62,117	388	71,193	10,894	97,305	73,399	103,691	6,386	30,292
Changes from 8 May 2018 (i)							Change in (i) Open Interest	Changes from
Long	Short	Spreads	Long	Short	Long	Short		Long	Short
34	3,825	316	5,241	914	5,591	5,055	5,791	200	736
Percent of Open Interest for Each Category of Trader (i)
Long	Short	Spreads	Long	Short	Long	Short		Long	Short
24.8%	59.9%	0.4%	68.7%	10.5%	93.8%	70.8%		6.2%	29.2%
Number of Traders in Each Category (i)							Total (i) Traders
Long	Short	Spreads	Long	Short	Long	Short
9	31	2	16	13	26	45	65
Long/Short Commitments Ratios (i)								Long/Short Ratio
Ratio			Ratio		Ratio			Ratio
1:2.4			6.5:1		1.3:1			1:4.7
Net Commitment Change (i)
-3,791

Also see:

• Swiss Franc Commitments of Traders chart
• Forex COT (Commitments of Traders) Reports
• Commitments of Traders Guide