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EUR/CHF

Euro (EUR) to Swiss franc (CHF) exchange rate.

Product Type: Currencies	Market: Global
Trading Hours: 24 hours, Mon-Fri.

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Description:

EUR/CHF is among the most popular currency pairs in the foreign exchange market. Its base currency, euro, is the 2nd most used currency in global trade finance (after the US dollar), and its quote currency, Swiss franc, is both a top-ranking trading currency and a world-leading reserve currency. EUR is the single currency of most EU member states, which together make up the Eurozone – a geographical area comprising one of the largest trading blocs in the world. CHF is the official currency of Switzerland, a small yet wealthy country in mainland Europe, firmly and unequivocally considered to be one of the top 5 most economically safe and stable countries in the world, often dubbed a ”safe haven” for foreign investors.

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Interesting Facts:

Euro (EUR) and Swiss franc (CHF) are the 2nd and 5th most traded currencies in the world. The EUR/CHF currency pair has a high level of liquidity and an exceptionally high daily trading volume.
EUR is the single currency of the Eurozone, comprising 19 of the EU's 28 countries. It is also one of the top three reserve currencies in the world.
Switzerland has a peaceful, prosperous and safe market economy, which enjoys a particularly low unemployment rate, a highly skilled labor force and one of the world’s top ten highest per capita GDP.
There is a strong link between the EUR/CHF and USD/CHF, due to the close economic and political ties between the EU and Switzerland on the one hand, and the immense competition between the US dollar and the euro, on the other.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account.
76% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice.

Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time.

This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Be aware, as a retail client you can lose all, but not more than the balance of your trading account due to Fortrade’s negative balance protection. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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