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- Curated List of The 10 Best Forex Brokers for USD/CHF Trading
- How USD/CHF Trading Works for Traders and Brokers
- FAQ
Our team of expert traders tested several regulated and trustworthy forex brokers and compiled a toplist with the best brokers for trading USD/CHF. Each broker received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service and more.
- Fusion Markets 74-89% of retail's CFD accounts lose money
- FP Markets 73.85% of retail investor accounts lose money
- Global Prime 74-89% of retail CFD accounts lose money
- Pepperstone 75.5% of retail investor accounts lose money
- Axi The vast majority of retail client accounts lose money
- XM Group 72.82% of retail investor accounts lose money
Our team has thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.
Curated List of The 10 Best Forex Brokers for USD/CHF Trading
The number of traders who turn to the forex market has been increasing steadily, seeing as online foreign exchange trading has gained a foothold in the past few decades. A vast number of retail investors now participate in forex trading, and each trader has their own preferences and strategies. The search for one’s broker of choice, therefore, needs to be as thorough as possible to ensure the best trading experience. This is easier said than done, and below, you will find our list of top ten USD/CHF brokers, which is a good starting point towards finding the broker that fits you best.
- Brand
- Trading platforms
- Minimum deposit
- Regulations
- Trading instruments
- Spreads
- Leverage for Forex CFDs
- Leverage for Crypto CFDs
- Leverage for Indices CFDs
- Deposit methods
- Withdrawal Methods
- Commission per Lot
- Contact details
USD/CHF is one of the forex pairs perfect for both seasoned traders and those who are taking their first steps as investors. At the time of writing, participants in the global market gravitate towards the CHF at times of economic distress, which in turn means that it has the status of a safe-haven currency. The same can be said about the US dollar.
Starting to trade the USD/CHF is not a difficult task thanks to the world wide web, provided you have hit the books and are in possession of sufficient capital. A secure trading environment is a must, which is why your broker of choice will have a significant effect on your performance.
How USD/CHF Trading Works for Traders and Brokers
The USD/CHF is traded at an incredibly high volume and is one of the major currency pairs. This has the significant benefit of keeping the spreads of the USD/CHF tight, making it suitable for beginner investors.
Since entering the forex market is practically effortless between the now internet-based trading and the fact that account creation at brokers is fast, it is easy for a novice to become a bit too excited and rush to make their first trade. Demo accounts are available on most trading websites nowadays, however, and most traders opt for such an account at the start of their career. These account types allow users to become familiar with the core aspects of trading in a risk-free environment. An example of such characteristics of the FX market are the fees. The vast majority of brokers use the spread, i.e. the difference between the buy and the sell prices of a pair, as their primary fee. A commission might also be attached in exchange for even tighter spreads, however, so it is always important to look up such information.
Once traders move on to real investing, functions that will protect their funds become crucial. Stop-loss orders, for instance, allow them to set a trade to be bought or sold once it has reached a certain size. Additionally, negative balance protection is also something valued by many traders and is, therefore, quite sought after.