November 21, 2021 10:21 PM
Overview
Costs & Margins
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AUD/CHF is a forex pair representing the exchange rate of Australian dollars and Swiss francs. Both AUD and CHF are considered major currencies in forex trading. Respectively, they are the fifth and sixth most traded currencies according to the Bank for International Settlements.
Both currencies are known for having stable political and economic environments, but the price of gold and other commodities can influence the pair’s value. Australia’s economy specifically is largely dependent on commodity markets which constitute a majority of its global trade. The Swiss franc, meanwhile, is regarded as a safe-haven currency when other major currencies like the US dollar and euro begin to falter. As such, its price is often correlated to that of gold.
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Margin From3.0 %
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Trading Hours24 hours / day *
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Min Trade Size1000
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Long0.21
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Short-0.76
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Min Stop Distance0.00018 points
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Spreads
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Spreads From0.00027 Points
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Margins
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0 - 6400 0003.0 %
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6400 000 - 13000 0003.0 %
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13000 000 - 25000 0005.0 %
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25000 000 - 32000 00010.0 %
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32000 000 +30.0 %
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Dealing
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Spreads0.00027 Points
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Margins
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0 - 6400 0003.0 %
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6400 000 - 13000 0003.0 %
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13000 000 - 25000 0005.0 %
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25000 000 - 32000 00010.0 %
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32000 000 +30.0 %
Latest Research
Forex explained
What is forex?
Forex is the process by which traders can buy one currency and simultaneously sell another, with the goal to profit from the direction price is likely to take in the future. With a daily trading volume of more than $6.5 trillion, the forex market is the most traded in the world, and is open 24 hours a day, 5 days a week for banks, institutions and individuals worldwide.
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Why trade forex
People trade forex for a range of reasons, including the unmatched liquidity of the market, the ability to trade on leverage, the opportunity to take positions in both rising and falling markets, the lack of hidden fees or commissions, and the accessibility of markets being open 25 hours a day, five days a week.
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How to trade forex
In order to trade forex, there are a few key steps to follow. First, you need to select a currency pair. Many traders choose a major pair such as EUR/USD due to high liquidity. Next, analyzing the market is key to understanding the technical and fundamental drivers that may affect price. Once you understand how to read the quote, it's time to open your position by going long or short.
You'll need to monitor your trade, with many traders using technical indicators to make better sense of price action, and features such as stops and limits to manage risk. Finally, you can close your position when the market hits a price at which you want to exit.
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