Best USD CHF Trading Brokers May 2025

Compare the Best USD/CHF Trading Brokers

What is USD/CHF FX trading?

Forex trading is the buying and selling of various currency pairs with the goal of making money from the changes in the value of that pair's price on a daily and hourly basis. It involves buying one currency while simultaneously selling another in the hope of making money from an increase in the value of the base currency or a decrease in the value of the other currency (known as "short selling").

As previously stated, the symbol USD/CHF represents the amount of Swiss francs needed to buy one U.S. dollar at the current rate. The value of the U.S. dollar and the Swiss franc are both floating currencies, which means that it depends only on the circumstances and emotions of the current market. Your goal as a day trader, would be to buy and sell at advantageous times depending on the direction you think the market is going.

For example, you might want to sell your francs if you expect the value of the Swiss franc to fall against the US dollar.

The secret to profitable trading in the foreign exchange market is to take advantage of the cumulative changes in exchange rates between currency pairs.

The History of the USD/CHF Currency Pair

The dollar was created as the single currency of what would become the world's leading economic power by an act of Congress in 1792. The dollar (sometimes called the "greenback" by traders) has been the world's reserve currency since the end of World War II and the implementation of the Bretton Woods regime.

The U.S. dollar has remained the dominant currency in the world, even though this system failed in 1973. The fortunes and futures of entire countries fluctuate according to the value of the dollar. After years of work to unify the more than 800 different currencies in circulation in Switzerland under a single fiat, the Swiss franc as we know it today was first issued as legal tender in 1850.

This coincided with the fact that Switzerland was the financial haven of the world, which helped maintain the Swiss franc's position as one of the world's most valuable currencies.

The only time the franc experienced a substantial decline in value was during the Great Depression of the 1930s, when its decoupling from the gold standard caused a temporary contraction.

Because of its stability and importance in international banking, the franc is now considered one of the world's leading "safe haven" currencies, along with the U.S. dollar.

How to trade USD/CHF?

One of the most traded currency pairs in the world is the USD/CHF, and there is a very strong and steady demand for both currencies globally. As a result, there is plenty of liquidity available when trading the USD/CHF, allowing you to trade almost instantly without having to wait.

To start trading USD/CHF, you need to create a forex trading account with a reputable brokerage platform that offers direct trading, CFDs, options, futures and any other financial instruments that you may be interested in.

A broker like Plua500 will then be able to use your deposit to maintain your USD/CHF position, allowing you to buy and sell in real time based on the market data you have access to. Simple.

Strategies to use for USD/CHF trading

This section serves as a reference for several strategies that traders can use to make money with the USD/CHF.

Your trading choices should be influenced by the fact that the USD/CHF is very vulnerable to global risk. You should also be aware of other variables affecting this pair as well as currencies with which the CHF has a significant correlation (GBP and EUR) (e.g. the price of gold).

Given the extreme stability of both currencies, the USD/CHF exchange rate is not very volatile. Therefore, you should not expect to make a lot of money on a single large purchase. Instead, you should use the information to execute several buy and sell orders in a single trading day. Small incremental price changes can be used to your advantage to generate large profits.

When you should close your trading order?

As with any trade in the foreign exchange market, you will eventually need to close your position in order to recover your gains or reduce your losses.

In any case, keep in mind that it is always best to set up and cancel a trade within a very short period of time (often one day), as a prolonged position in this slow currency pair will not result in profits.

It is also essential to stay focused and know when to exit a trade in order to limit losses. Your gains in day trading depend on making small incremental gains.

Gains made over the course of a day can simply be wiped out by one big negative change. To close out a trade as soon as losses reach a certain level, you should always have a stop-loss in place.

4 Best Brokers for Trading USD/CHF

1. Pepperstone - Best Overall Broker for Trading USD/CHF.

   Pepperstone is well-regarded for offering a robust trading environment for USD/CHF traders. With competitive spreads, advanced trading tools, and fast execution speeds, Pepperstone stands out as an excellent choice for both novice and experienced traders.

2. FPMarkets - Top Choice for USD/CHF Trading.

   FPMarkets provides professional trading conditions for USD/CHF, offering tight spreads, high-speed execution, and leverage up to 1:500. Ideal for traders looking to capitalize on US dollar and Swiss franc price movements.

3. Plus500 - Best Broker with Multiple Licenses.

   Plus500 offers a secure and user-friendly platform for trading USD/CHF (CFDs). With numerous regulatory licenses and strong investor protection measures, Plus500 is ideal for traders seeking a reliable platform for various financial instruments.

4. XM - Best Platform and Excellent Brokerage for Beginners.

   XM excels by providing extensive educational resources and practical online workshops to support USD/CHF traders. Its user-friendly interface and comprehensive support make XM a great choice for beginners.

Risks of trading USD/CHF

Trading USD/CHF is not without its risks, of course. Here are some of those risks:

• Lack of volatility: The USD/CHF pair is simply not very volatile, which makes it difficult to take profits when the pair is unusually quiet.

• The "safe haven" conundrum: Both the USD and CHF are safe haven currencies, so it's hard to decide which one to buy when the world is in turmoil.

FAQ

What is the USD/CHF pair?
One of the most frequently traded currency pairs in the foreign exchange market is the USD/CHF pair, sometimes referred to as "Swissy". The exchange rate displayed by this pair indicates how many Swiss francs (the quote currency) are needed to acquire one US dollar (the base currency).

Why is USD/CHF trading so popular?
The U.S. dollar, the largest and most frequently traded currency in the world, serves as the base currency in the USD/CHF pair, which explains its popularity. The Swiss franc is also often considered a safe haven currency due to Switzerland's relative political and economic stability.

What are the advantages of trading the USD/CHF?
In addition to being reasonably liquid, the USD/CHF pair is less volatile than other pairs. The stability of the currency pair makes it very easy to use technical and fundamental analysis when trading it

Where can I start trading USD/CHF?
You need to register with an online broker like Plus500 in order to start trading USD/CHF. You can then use the trading platforms available, including MetaTrader 4, and make a deposit. It is recommended to start practicing on a demo account, which is often provided free of charge, if you are new to trading.