• L. 1.10948
  • H. 1.11501
  • Ch. -0.00207
  • Ch.% -0.19%
Costs & Margins
  • GBP/CHF is the ticker for the British pound to Swiss franc exchange rate. It tells traders how many francs are needed to buy a single pound.

    Both are considered major currencies, but the GBP/CHF pair is only regarded as a minor pair because it does not contain the US dollar. It typically experiences lower liquidity than major pairs.

    Plus, due to the countries’ economic ties and geographical proximity, the currency pair tends to experience fairly low volatility. The GBP/CHF price does usually fall during periods of economic crisis when the franc strengthens against the pound thanks to safe-haven inflows.

  • Margin From
    5 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
  • Long
  • Short
  • Min Stop Distance
    0.00028 Points
  • Spreads
  • Spreads From
    0.00032 Points
  • Margins
  • 0 - 14000 000
    5 %
  • 14000 000 - 18000 000
    10 %
  • 18000 000 +
    30 %
  • Dealing
  • Spreads
    0.00032 Points
  • Margins
  • 0 - 14000 000
    5 %
  • 14000 000 - 18000 000
    10 %
  • 18000 000 +
    30 %
Economic Calendar

Pivot points
Pivot point
Last Updated: 2/20/2024 11:59:59 PM
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.

Read more about how to trade forex.

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