USD/PLN Spread Betting

The CleanFinancial guide to USD/PLN spread betting.

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

Live USD/PLN Chart & Prices

The real time CFDs chart and prices below provides readers with a helpful guide to the USD/PLN FX market.


The above chart is from Plus 500 and usually shows the underlying USD/PLN futures price.

If you want to check real-time spread betting prices and charts for USD/PLN, you will need to apply for a financial spread betting account.

Also, a spreads account would let you trade on spot markets. Readers should note that accounts are subject to credit, status and suitability checks.

If your application is approved then you can log in and see the live trading prices and charts. Usually, these are provided for free. The catch? You are likely to get an occasional sales letter and/or email from the relevant spread trading broker.

If you were to trade then be aware that spread trading and contracts for difference do carry a significant level of risk to your capital and losses could exceed your initial investment.

Where Can I Spread Bet on USD/PLN?

You can financial spread bet on USD/PLN with an account from any of the following firms:

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

USD/PLN Market Analysis and Trading News

» More forex trading views and analysis.


FinancialSpreads.com FX rate trading chart



The financial spread betting companies in the list below provide users with real-time trading 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 USD/PLN for Free?

Trading the markets always involves some risk, but if you would like to open a (free) Demo Account, that allows you to try out spread betting and look at trading charts, then see below.

When deciding which trading option might work for you, don’t forget that, in the UK, spread trading is exempt from capital gains tax, stamp duty and income tax*.

If you’re interested in a free spread betting site then you should note that you are able to take a view on USD/PLN with no commissions or brokers’ fees with providers such as:

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

Free Demo Account

If you want a (free) virtual money Demo Account / Test Account which lets users get a better understanding of spread betting on markets like USD/PLN, then you could always have a closer look at:

• Financial Spreads
• Inter Trader

Each of the above spread betting firms provide a risk free Demo Account that investors can use to test new strategies, look at professional level charts and apply a variety of orders, like trailing stops and guaranteed stops.

How to Spread Bet on USD/PLN?

As with a range of financial markets, it is possible to place a spread bet on forex rates, like USD/PLN, to go up or down.

Looking at a spread trading site like FXCM, we can see that they have put the USD/PLN Rolling Daily market at 3.16943 zl – 3.17343 zl. As a result, an investor could spread bet on the USD/PLN pair:

  Rising higher than 3.17343 zl, or
  Falling lower than 3.16943 zl

Whilst financial spread trading on USD/PLN you trade in £x per point where a point is 0.00010 zl of the pairs movement. As a result, if you decide to invest £2 per point and USD/PLN moves 26.0 points then there would be a difference to your profit/loss of £52. £2 per point x 0.00260 zl = £2 per point x 26.0 points = £52.

Rolling Daily Foreign Exchange Markets

You should note that this is a ‘Rolling Daily Market’, therefore unlike a normal spread betting futures market, there is no settlement date. Should your trade be left open at the end of the trading day, it will stay open and roll over into the next trading session.

If you do roll over a forex bet then you will often be charged a small financing fee. For a more detailed breakdown of Rolling Daily Markets please read our article Rolling Daily Spread Betting.

USD/PLN Trading Example 1

Now, if you think about the above spread of 3.16943 zl – 3.17343 zl and assume:

• You have analysed the currency markets, and
• Your analysis leads you to think that the USD/PLN market will increase and go higher than 3.17343 zl

Then you could decide to go long of the market at 3.17343 zl for a stake of, for the sake of argument, £2 per point.

Therefore, you make a profit of £2 for every point (0.00010 zl) that the USD/PLN rate moves above 3.17343 zl. On the other hand, it also means you will lose £2 for every point that the USD/PLN market moves below 3.17343 zl.

Thinking of this in a slightly different way, if you were to ‘Buy’ a spread bet then your profits (or losses) are calculated by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.

As a result, if the FX pair rose then you might want to close your spread bet so that you can secure your profit.

As an example, if the market increased then the spread, determined by the spread betting company, could be adjusted to 3.18136 zl – 3.18536 zl. To close your position you would sell at 3.18136 zl. Accordingly, with the same £2 stake you would make a profit of:

P&L = (Closing Price – Opening Price) x stake
P&L = (3.18136 zl – 3.17343 zl) x £2 per point stake
P&L = 0.00793 zl x £2 per point stake
P&L = 79.3 points x £2 per point stake
P&L = £158.60 profit

Speculating on FX, whether by spread trading or otherwise, doesn’t always work out as you would have liked. In this example, you wanted the forex rate to increase. Of course, the forex rate can also decrease.

If the USD/PLN rate decreased, contrary to your expectations, then you might decide to close/settle your position to limit your losses.

If the spread fell to 3.16629 zl – 3.17029 zl then this means you would settle your position by selling at 3.16629 zl. Therefore, you would make a loss of:

P&L = (Closing Price – Opening Price) x stake
P&L = (3.16629 zl – 3.17343 zl) x £2 per point stake
P&L = -0.00714 zl x £2 per point stake
P&L = -71.4 points x £2 per point stake
P&L = -£142.80 loss

Note – USD/PLN Rolling Daily forex market correct as of 11-Sep-12.

How to Spread Bet on Dollar – Polish Zloty – Example 2

Logging into Financial Spreads, we can see they are currently pricing the Dollar – Polish Zloty Rolling Daily market at 3.15214 zl – 3.15614 zl. Therefore, an investor could put a spread bet on the Dollar – Polish Zloty pair:

  Going above 3.15614 zl, or
  Going below 3.15214 zl

When financial spread betting on Dollar – Polish Zloty you trade in £x per point where a point is 0.00010 zl of the pairs movement. So, if you invested £4 per point and Dollar – Polish Zloty moves 39.0 points then there would be a difference to your bottom line of £156. £4 per point x 0.00390 zl = £4 per point x 39.0 points = £156.

Now, if we consider the spread of 3.15214 zl – 3.15614 zl and make the assumptions:

• You’ve completed your forex market analysis, and
• Your analysis leads you to think the Dollar – Polish Zloty market will push higher than 3.15614 zl

Then you may decide to buy at 3.15614 zl for a stake of £2 per point.

With such a spread bet you win £2 for every point (0.00010 zl) that the Dollar – Polish Zloty rate moves above 3.15614 zl. On the other hand, it also means you will make a loss of £2 for every point that the Dollar – Polish Zloty market falls lower than 3.15614 zl.

Put another way, 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 price difference by the stake.

If after a few trading sessions the FX pair started to rise you might decide to close 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 3.16324 zl – 3.16724 zl. You would close your position by selling at 3.16324 zl. As a result, with the same £2 stake your profit would be:

Profit / loss = (Closing Price – Opening Price) x stake
Profit / loss = (3.16324 zl – 3.15614 zl) x £2 per point stake
Profit / loss = 0.00710 zl x £2 per point stake
Profit / loss = 71.0 points x £2 per point stake
Profit / loss = £142.00 profit

Speculating on forex can work against you. With this example, you wanted the forex pair to rise. However, the forex rate can also decrease.

If the Dollar – Polish Zloty rate decreased, contrary to your expectations, then you could close your position in order to limit your losses.

Should the spread fall back to 3.14983 zl – 3.15383 zl you would settle your position by selling at 3.14983 zl. That would mean you would lose:

Profit / loss = (Closing Price – Opening Price) x stake
Profit / loss = (3.14983 zl – 3.15614 zl) x £2 per point stake
Profit / loss = -0.00631 zl x £2 per point stake
Profit / loss = -63.1 points x £2 per point stake
Profit / loss = -£126.20 loss

Note: Dollar – Polish Zloty Rolling Daily spread betting price correct as of 18-Sep-12.