Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

Compare Brokers For Trading GBP/CHF

For our trading gbp/chf comparison, we found 20 brokers that are suitable and accept traders from United States of America.

We found 20 broker accounts (out of 147) that are suitable for Trading GBP/CHF.

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IG

Spreads From

EURUSD 0.6 pips See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About IG

  • Regulated by: Financial Conduct Authority and ASIC.
  • Used by 195,000+ traders.
  • Established in 1974 HQ in UK.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

75% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Read our in-depth IG review

Account type
EUR/USD Spread From
Commission
Execution
Min. Deposit
CFD
0.6
Fixed Spreads
Yes on share CFDs
STP
$250
Spread Betting
0.6
Fixed Spreads
None
STP
$250
Share Dealing
None
Fixed Spreads
£5
DMA
$250
Forex.com

Spreads From

EURUSD 1.0 pips See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About Forex.com

  • Regulated by: Financial Conduct Authority.
  • Established in 1999 HQ in United States.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

69% of retail investor accounts lose money when trading CFDs with this provider

Read our in-depth Forex.com review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

Forex Trading: The GBP/CHF Currency Pair

The GBP/CHF is a minor currency cross which essentially means that it does not contain the US dollar. Since this is a minor cross, it means that trading and liquidity are likely to be much lower than the major currency pairs.

The over-the-counter (OTC) daily turnovers released by BIS of these two currencies suggest that trading of the pairs is well below the major currency pairs like the Euro Dollar. For 2016, the average daily OTC turnovers of the GBP (British pound) and the CHF (Swiss Franc) was US$649 billion and US$243 billion respectively. These represent volumes of 13% for the GBP and 5% for the CHF.

Nevertheless, because both the GBP and the CHF are both considered major currencies, trading of the GBP/CHF currency pair is attractive to many traders and investors. The British Pound originates from the world’s largest financial centre while the Swiss franc is considered a safe haven currency.

During the course of the last 10 weeks, the GBP/CHF experienced a volatility of 0.99%, moving by approximately 125.02 pips. Over the last 52 weeks, the price has moved between 1.1446 and 1.4613. The GBP/CHF opened trading on Monday, March 6, 2016, at a price of 1.2378, down from the previous close of 1.2391 (Bloomberg).

How To Trade The GBP/CHF

One of the popular methods to trade the GBP/CHF pair is through a Forex broker like AvaTrade. Forex brokers like AvaTrade offer their clients access thousands of different markets including currency pairs, indices, commodities like gold and oil via CFDs.

An advantage of going through a regulated forex broker is the added protection and security offered by a regulator like the Financial Conduct Authority in the UK. You can compare a full list of broker that are regulated by the FCA here: Comparison of FCA regulated Brokers.

Fundamental Factors Affecting the GBP/CHF Currency Pair

Apart from the economies of Great Britain and Switzerland, the GBP/CHF currency pair is also affected by the economies of countries in their geographic proximity. Employment rates, interest rates, trade policies and political factors all play a role in determining the rate of exchange between the Pound and the Franc.

Uncertainty regarding the UK-EU relationship going into 2017, resulted in sharp falls in investment in the UK during the last quarter of 2016. With increased speculation about possible interest rates hikes in the United States during 2017, investors have been resorting to safer haven currencies like the Swiss Franc in order to temper volatility. This increase in demand for the Franc is likely to push up the price of the currency.

On the British side, Brexit has resulted in a weakening pound which means increasing production costs for manufacturers. This means that imports are likely to become more expensive as 2017 progresses. UK exports will consequently become more attractive as the demand for UK goods increases.

As the year 2017 progresses, the US interest rates are expected to have a significant impact on the movement of the GBP/CHF currency pair.

Other Popular Forex pairs

Why Choose IG
For Trading GBP/CHF?

IG scored best in our review of the top brokers for trading gbp/chf, which takes into account 120+ factors across eight categories. Here are some areas where IG scored highly in:

  • 44+ years in business
  • Offers 10,000+ instruments
  • A range of platform inc. MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.60pips
  • Used by 195,000+ traders.
  • Offers demo account
  • 4 languages

IG offers four ways to tradeForex, CFDs, Spread Betting, Share dealing. If you wanted to trade GBPCHF

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

IG have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority and ASIC, segregating client funds, being segregating client funds, being established for over 44

Trust Score comparison

IG Forex.com
Trust Score AAA AAA
Established in 1974 1999
Regulated by Financial Conduct Authority and ASIC Financial Conduct Authority
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of IG vs. Forex.com


Want to see how IG stacks up against Forex.com? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
IG Forex.com
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.60 1.00
GBP/USD Spread 0.9 0.9
DAX Spread 1.0 250.0
FTSE 100 Spread 1.0 150.0
S&P500 Spread 0.4 50.0

Comparison of account & trading features

IG Forex.com
Platform MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
Services Forex, CFDs, Spread Betting, Share dealing Forex
Base currency options USD, GBP, EUR, CHF, JPY, SGD, AUD USD, GBP, EUR
Funding options Payoneer, Credit cards, Bank transfer, PayPal, MasterCard, BPAY, DebitCard, Bank transfer, Cheque, DebitCard,
Micro account
ECN account