Trading the USDCHF Forex Pair

Submitted by currenciesfx on Fri, 04/15/2022 - 14:36
Trading the USDCHF Forex Pair

The US Dollar against the Swiss Franc (USDCHF). USDCHF accounts for 4.4% of the total Foreign Exchange market volume. Note, that CHF weights 3.6% in the US Dollar Index.

USDCHF TRADING

  • Best time to trade USDCHFbetween 13:00 GMT and 14:00 GMT
  • Best Months to go Long:  NO
  • Best Months to go Short:  JUNE | DECEMBER
  • Positive Correlations: USDJPY | GBPJPY
  • Negative Correlations: EURUSD | GBPUSD | AUDUSD

USDCHF STATISTICS

Important statistics regarding USDCHF.

Table: USDCHF statistics

USDCHF AVERAGE MONTHLY STATISTICS
 (JANUARY 2000 - SEPTEMBER 2018)
MONTH MONTHLY RETURNS BULLS      TIMES (↑) BEARS    TIMES (↓) VOLATILITY MOMENTUM  (ΔMP)
 (1) JANUARY 0.34% 11 8 1.03% -0.11%
 (2) FEBRUARY 0.05% 9 10 0.87% -0.49%
 (3) MARCH -0.26% 8 11 0.90% -0.48%
 (4) APRIL -0.34% 8 11 0.84% -0.48%
 (5) MAY 0.45% 10 9 0.87% 0.27%
 (6) JUNE -0.92% 6 13 0.89% -0.87%
 (7) JULY -0.03% 12 7 0.82% -0.32%
 (8) AUGUST 0.04% 9 10 0.89% 0.03%
 (9) SEPTEMBER 0.06% 8 11 0.89% -0.15%
(10) OCTOBER 0.15% 10 8 0.85% 0.23%
(11) NOVEMBER -0.26% 9 9 0.85% -0.03%
(12) DECEMBER -1.64% 7 11 0.84% -0.95%

Source: CurrenciesFx.com (G.P.)

USDCHF TRADING

USDCHF trading conditions.

USDCHF TRADING ROBOFOREX LQDFX IC MARKETS
MINIMUM TRADING SPREAD 0.1 pip 1.1 pip 0.1 pip
TRADING COMMISSIONS $4.0 / ROUNDED LOT NO $7.0 / ROUNDED LOT
PLATFORMS MT4 / MT5 / cTrader / R Stocks Trader MT4 MT4 / MT5 / cTrader
AUTOMATED TRADING YES YES YES | FIX/API
PAMM ACCOUNTS YES YES YES
TRADING LEVERAGE 30:1 (EU) to 500:1 30:1 (EU) to 500:1 30:1
ORDER EXECUTION MODEL ECN STP ECN/STP
MINIMUM DEPOSIT & FUNDING OPTIONS
  • $10 for Cent Accounts & $5,000 for Prime Accounts
  • Wire, Cards, Neteller, Skrill, WebMoney, PerfectMoney
  • $20
  • Wire, Cards, Neteller, Skrill, FasaPay, UnionPay, UPaid
  • $200 FOR MT4/MT5
  • $1,000 for cTrader
  • Wire, Cards, Neteller, Skrill, WebMoney
REGULATION
  • IFSC
  • NO
  • ASIC (Australia)
PROMOTIONS
  • FREE VPS
  • TRADING CONTESTS
  • WELCOME BONUSES
  • 100% Cash Bonus (excluding PAMM)
  • Up to 20,000 USD
  • FREE VPS
WEB PAGE » ROBOFOREX » LQDFX » IC MARKETS

 

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 USDCHF

Researched and Edited by G. P. for CurrenciesFx.com (c)