Compare Brokers For Trading USD/CHF

For our brokers for trading usd/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 Brokers For Trading USD/CHF.

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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

70% of retail investor accounts lose money when trading CFDs with this provider

Read our in-depth Forex.com review

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

74% 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
ThinkMarkets

Spreads From

EURUSD 0.1 pips See all spreads

What can you trade?

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

About ThinkMarkets

  • Regulated by: Financial Conduct Authority and ASIC.
  • Established in 2010 HQ in Australia.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

Losses can exceed deposits

Read our in-depth ThinkMarkets review

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

The Ultimate Guide to

What is the USD/CHF?

The USD/CHF currency pair is also known as the dollar swissy and is one fo the forex major pairs. The US dollar/Swiss franc pair is one of the most popular currency pairs to trade worldwide. The BIS reports that that annual volume traded in 2016 was $180 billion, up 3.6% from 2015. In the month of March USD/CHF has moved roughly between 0.996 and 1.02. The dollar has traded in a 52-week trading range of between 0.9444 – 1.0344 and is currently trading at $1.0024.

What are the Fundamental influences of the USD/CHF?

The interest rate policy of the Swiss National Bank(SNB) unpins a relatively stable Swiss franc. However, USD/CHF is not immune from political developments, fiscal policy, and interest rate in the EU, US, and the rest of the G8. Brexit and the Trump Administration provides further uncertainty to the Dollar/Swiss franc rate in the near to medium term. The quantitative easing in the EU and Switzerland currently still underway may influence the USD/CHF in the future. Growth prospects and the unemployment rate in the EU is major factor. Germany may be the engine room of Europe but employment rates in many parts of the EU, such France, Greece and Italy are low. Although ECB does consider the unemployment rate when setting interest rates, its primary role is maintaining price stability.

3 Factors that could influence the USD/CHF in 2017

The interest rate differential in the US and Switzerland also plays a role in the direction of the USD/CHF. Unlike in SNB and ECB, the Federal Reserve Bank in the US also focuses on reducing unemployment. The Fed is likely to continue its gradual monetary tightening due to record low unemployment figures.

The Swiss National Bank is primarily concerned with fighting inflation and is often active in currency markets to maintain relative strength of the Swiss franc. Although in early 2015, the Dollar Swiss experienced a one-day appreciation of over 30% when the SNB failed to maintain its peg against the Euro. Should inflation rise, the SNB may increase interest rates.

Brexit also poses significant challenges for the USD/CHF. The move by Britain to leave the EU has sparked similar calls in France and Italy, creating uncertainty in the EU.

How to trade USD /CHF

At London Capital Group, clients have access to over 60 forex pairs to choose from. There is no minimum deposit requirement and clients are required to have enough funds to cover margin calls. Currency accounts fall into three margin groups: major, minor, and exotic. Each margin group is classified according to four tiers. The lowest leverage for an exotic currency pair is five and the highest is 50. The margin call level is set a 10%. LCG provides online video tutorials that include basic terminologies and trading strategies.

Trading the USD/CHF with a FOREX/CFD Broker

Trading forex online involves the use of leverage, which can magnify profits and losses. While various strategies such as stop losses can be employed to limit losses, market direction can change extremely quickly, leading to massive losses. London Capital Group Forex and CFD broker offer two trading platforms: LCG Trader and MT4. Clients have two accounts to choose from: Classic and ECN.

London Capital Group classifies the currency accounts in terms of margin group and tier level. USD/CHF is classified as exotic and is available across all four tier levels, offering clients the following on its standard account:

• Ave spread 2.5

• Min trade size 0.01 Lot

• Pip position 0.0001

• Value of 1 pip/lot CHF 10

• Max Leverage 1:50 (tier1)

• Max MT4 Lot: 40 (tier4)

Summary

According to the Bank for International Settlements, the USD/CHF currency pair is the sixth largest worldwide traded by volume. Its high liquidity, inverse correlation to the EUR/CHF, the uncertainty about Brexit, and EU growth concerns, presents currency traders with many trading opportunities.

Why Choose Forex.com
For Brokers For Trading USD/CHF?

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

  • 19+ years in business
  • Offers 300+ instruments
  • A range of platform inc. MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 1.00pips
  • Used by 0+ traders.
  • Offers demo account
  • 1 languages

Forex.com offers one way to tradeForex. If you wanted to trade USDCHF

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.

Forex.com have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19

Trust Score comparison

Forex.com IG ThinkMarkets
Trust Score AAA AAA B
Established in 1999 1974 2010
Regulated by Financial Conduct Authority Financial Conduct Authority and ASIC Financial Conduct Authority and ASIC
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

A Comparison of Forex.com vs. IG vs. ThinkMarkets


Want to see how Forex.com stacks up against IG and ThinkMarkets? 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.
Forex.com IG ThinkMarkets
Fixed Spreads
Variable Spreads
EUR/USD Spread 1.00 0.60 0.10
GBP/USD Spread 0.9 0.9 1.2
USD/CAD Spread 0.9 1.7 0.9
USD/JPY Spread 0.90 0.70 0.10
DAX Spread 250.0 1.0
FTSE 100 Spread 150.0 1.0
S&P500 Spread 50.0 0.4

Comparison of account & trading features

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

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