Dollar/South African Rand Financial Spread Betting and Trading Guide with Charts and Prices
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USD/ZAR Spread Betting Guide

USD/ZAR Spread Betting



Where Can I Spread Bet on USD/ZAR?


You can spread bet on USD/ZAR, EUR/ZAR and GBP/ZAR with:

USD/ZAR Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

USD/ZAR Daily Report

  • USD/ZAR is currently trading at R 13.78874.
  • At the end of the last session, the market closed R 0.05888 (0.43%) higher at R 13.76599.
30 Minute Chart Analysis

Rising Forex Pair The forex pair is currently higher than the 20-period MA of R 13.75368 and higher than the 50-period MA of R 13.74132.

1 Day Chart Analysis

Rising Forex Pair The forex market is higher than the 20-day MA of R 13.47259 and higher than the 50-day MA of R 13.23114.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for USD/ZAR?


The live CFD chart and prices below gives readers a handy view of the USD/ZAR currency market.


The chart above is provided by Plus500 and usually follows the near-term USD/ZAR futures market.

Should you want to access real-time financial spread betting charts and prices for USD/ZAR, you will generally need a financial spread betting account.

Also, a spreads account will let you have access to the short term daily prices. Note: Such accounts are subject to status.

Should your new account be accepted, you can log on to study the charts and the current prices. On most platforms, these are free. The catch? You could receive the odd sales call or email from your chosen financial spread betting broker.

If you do decide to trade then, before starting, remember that CFDs and financial spread trading do carry a high level of risk to your funds and it's possible to lose more than your initial deposit.

Technical Charting Packages for USD/ZAR


Whilst charting software/packages tend to differ between firms, in order to help your trading decisions, the charts usually have features and tools that include:
  • A wide range of intervals e.g. 30 minutes, 4 hours, 1 day and so on
  • Different views e.g. line charts and candlestick charts
  • Drawing tools and options e.g. Fibonacci arcs, fans and time zones

The charts provided by Capital Spreads also have more advanced aspects, including:
  • Custom Indicators and BackTesting tools
  • Chart overlays e.g. Exponential Moving Average, Bollinger Bands, Price Channels and so on
  • Technical indicator charts e.g. Average Directional Index, RMI, Swing Index and so on
  • Email notifications for when a market hits a certain price

Sample FinancialSpreads.com forex rate trading chart

USD/ZAR Trading Guide - Example Chart


The following online spread betting companies offer users access to prices and live charts:
Advert: USD/ZAR Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on USD/ZAR with Financial Spreads.


Where Can I Spread Bet on USD/ZAR for Free?


Trading the markets always has risks. However, if you would like to open a completely free Test Account, that lets you try out spread betting on a large range of markets, see below for more details.

When thinking about which investment option is right for you, don't forget that in the UK, financial spread betting is exempt from income tax, capital gains tax and stamp duty*.

If you're looking for a low cost spread trading platform then you should keep in mind that you are able to financial spread bet on USD/ZAR with no brokers' fees, and zero commissions, with providers such as:

Free Demo Account


If you want a Practice Account / Test Account in order to try out financial spread betting, including markets such as USD/ZAR, then you could always consider: The spread betting firms listed above offer a Test Account that lets investors try out theories, access charts and gain experience with an array of orders, e.g. guaranteed stop losses and trailing stop losses.


How to Spread Bet on USD/ZAR

How to Spread Bet on USD/ZAR?


As with most key financial markets, you are able to speculate on FX pairs, like USD/ZAR, to go up or down.

Looking at a site like Selftrade Markets, we can see they are valuing the USD/ZAR Rolling Daily market at R 8.1345 - R 8.1495. Therefore, you could spread bet on the USD/ZAR pair:

  USD/ZAR Trading Example Increasing above R 8.1495, or
  USD/ZAR Spread Betting Example Decreasing below R 8.1345

When placing a spread bet on USD/ZAR you trade in £x per point where a point is R 0.0010 of the pairs movement. Therefore, if you invested £2 per point and USD/ZAR moves 20.0 points then that would change your P&L by £40. £2 per point x R 0.0200 = £2 per point x 20.0 points = £40.

Rolling Daily Foreign Exchange Markets

You should note that this is a Rolling Daily Market which means that unlike a futures market, there is no settlement date. If you decide to leave your trade open at the end of the day, it just rolls over to the next day.

If you do let your FX trade roll over then you would normally pay a small financing fee. For a fully worked example see Rolling Daily Spread Betting.


How to Spread Bet on the South African Rand: USD/ZAR Example


If you continue with the above spread of R 8.1345 - R 8.1495 and make the assumptions that:
  • You've done your research, and
  • Your research leads you to think that the USD/ZAR market will push above R 8.1495
Then you might decide that you want to buy at R 8.1495 for a stake of, for example, £3 per point.

So, you win £3 for every point (R 0.0010) that the USD/ZAR rate increases higher than R 8.1495. Conversely, however, it also means that you will lose £3 for every point that the USD/ZAR market falls lower than R 8.1495.

Looking at this from another angle, should you buy a spread bet then your profit/loss is found by taking the difference between the closing price of the market and the initial price you bought the spread at. You then multiply that difference in price by your stake.

As a result, if the FX rate started to increase then you might think about closing your spread bet so that you can secure your profit.

So if the market rose then the spread, set by the spread trading firm, might move up to R 8.1854 - R 8.2004. In order to close your trade you would sell at R 8.1854. Therefore, with the same £3 stake you would make a profit of:

Profit / loss = (Final Level - Opening Level) x stake
Profit / loss = (R 8.1854 - R 8.1495) x £3 per point stake
Profit / loss = R 0.0359 x £3 per point stake
Profit / loss = 35.9 points x £3 per point stake
Profit / loss = £107.70 profit

Trading forex, by spread betting or otherwise, wonít always go to plan. With the above, you wanted the forex rate to rise. Of course, the FX rate might decrease.

If the USD/ZAR rate decreased, contrary to your expectations, then you could close your spread bet to stop any further losses.

If the market fell to R 8.1189 - R 8.1339 then you would sell back your position at R 8.1189. This would result in a loss of:

Profit / loss = (Final Level - Opening Level) x stake
Profit / loss = (R 8.1189 - R 8.1495) x £3 per point stake
Profit / loss = R -0.0306 x £3 per point stake
Profit / loss = -30.6 points x £3 per point stake
Profit / loss = -£91.80 loss

Note: USD/ZAR Rolling Daily market accurate as of 11-Sep-12.


Advert: USD/ZAR Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on USD/ZAR with Financial Spreads.


How to Spread Bet on Euro - South African Rand

How to Spread Bet on the South African Rand: EUR/ZAR Example


Looking at a site like FinancialSpreads, you can see they have put the Euro - South African Rand Rolling Daily market at R 10.7463 - R 10.7663. As a result, an investor can spread trade on the Euro - South African Rand rate:

  Euro - South African Rand Spread Trading Example Moving higher than R 10.7663, or
  Euro - South African Rand Trading Example Moving lower than R 10.7463

When spread trading on Euro - South African Rand you trade in £x per point where a point is R 0.0010 of the pairs movement. So, if you decided to have a stake of £4 per point and Euro - South African Rand moves 21.0 points then that would change your bottom line by £84. £4 per point x R 0.0210 = £4 per point x 21.0 points = £84.

So, if you consider the spread of R 10.7463 - R 10.7663 and make the assumptions that:
  • You have completed your market analysis, and
  • You feel that the Euro - South African Rand rate will move higher than R 10.7663
Then you may choose to go long of the market at R 10.7663 and risk, letís say, £2 per point.

So, you make a profit of £2 for every point (R 0.0010) that the Euro - South African Rand pair pushes above R 10.7663. Of course, you will make a loss of £2 for every point that the Euro - South African Rand market goes lower than R 10.7663.

Considering this from another angle, should you buy a spread bet then your profits (or losses) are found by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that difference in price by your stake.

Therefore, if after a few hours the FX rate rose then you might want to close your position so that you can secure your profit.

Taking this a step further, if the market rose then the spread, set by the spread betting company, might move up to R 10.8470 - R 10.8670. To settle/close your trade you would sell at R 10.8470. Therefore, with the same £2 stake this trade would result in a profit of:

Profit = (Settlement Value - Initial Value) x stake
Profit = (R 10.8470 - R 10.7663) x £2 per point stake
Profit = R 0.0807 x £2 per point stake
Profit = 80.7 points x £2 per point stake
Profit = £161.40 profit

Trading forex, whether by spread trading or otherwise, is not simple. With the above, you had bet that the FX pair would rise. Naturally, the FX rate could decrease.

If the Euro - South African Rand market had fallen then you could choose to close your spread bet in order to limit your losses.

So if the market fell to R 10.6936 - R 10.7136 you would settle your spread bet by selling at R 10.6936. That would mean you would make a loss of:

Loss = (Settlement Value - Initial Value) x stake
Loss = (R 10.6936 - R 10.7663) x £2 per point stake
Loss = R -0.0727 x £2 per point stake
Loss = -72.7 points x £2 per point stake
Loss = -£145.40 loss

Note: Euro - South African Rand Rolling Daily spread betting price accurate as of 18-Sep-12.


Advert: USD/ZAR Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on USD/ZAR with Financial Spreads.


Trading Risk Warning
'USD/ZAR Spread Betting' edited by Jacob Wood, updated 09-Oct-17

For related articles also see:


Advert: USD/ZAR Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on USD/ZAR with Financial Spreads.


Trading Risk Warning
'USD/ZAR Spread Betting' edited by Jacob Wood, updated 09-Oct-17

For related articles also see:





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