AUD vs USD Spread Bets



You can put spread bets on EURAUD and thousands of other markets with all of these spread betting platforms:

Financial Spreads ETX Capital Spreadex IG City Index
Dollar/Yen Daily Financial Spreads Dollar/Yen Daily ETX Capital Dollar/Yen Daily Spreadex Dollar/Yen Daily IG Dollar/Yen Daily City Index Dollar/Yen Daily
Euro/Dollar Daily Financial Spreads Euro/Dollar Daily ETX Capital Euro/Dollar Daily Spreadex Euro/Dollar Daily IG Euro/Dollar Daily City Index Euro/Dollar Daily
Euro/Sterling Daily Financial Spreads Euro/Sterling Daily ETX Capital Euro/Sterling Daily Spreadex Euro/Sterling Daily IG Euro/Sterling Daily City Index Euro/Sterling Daily
Sterling/Dollar Daily Financial Spreads Sterling/Dollar Daily ETX Capital Sterling/Dollar Daily Spreadex Sterling/Dollar Daily IG Sterling/Dollar Daily City Index Sterling/Dollar Daily
Sterling/Euro Daily Financial Spreads Sterling/Euro Daily ETX Capital Sterling/Euro Daily Spreadex Sterling/Euro Daily IG Sterling/Euro Daily City Index Sterling/Euro Daily
Other Forex Financial Spreads Other Forex ETX Capital Other Forex Spreadex Other Forex IG Other Forex City Index Other Forex
The above spread betting markets may also be available with other companies.








The quick chart above provides a valuable look at the latest movements.

However, for those investors that are spread trading EURAUD, the companies listed above offer real-time prices and charts with more advanced options.

Example chart from FinancialSpreads.com:




If you are going to spread bet on an FX rate such as EURAUD then, looking at a company like IG, at the time of writing you would find a quote of AU$1.42943 – AU$1.42983.

This means you could speculate on EURAUD to move higher than AU$1.42983 or to move lower than AU$1.42943.

When placing a spread bet, you trade on every unit the market rises or falls; in the case of the EURAUD market a unit is AU$0.00010 of the forex pair’s price movement.

So let’s say you want to bet £3 for every AU$0.00010 EURAUD moves up or down.


Buying – Speculating on the Market to Rise

If you were to go long of EURAUD at AU$1.42983 and the forex pair rose then the quote might be re-priced at AU$1.43340 – AU$1.43380. Assuming this was the case, you might decide to close your bet for a profit by selling at AU$1.43340.

Your P&L = (final level of the market – initial level of the market) x stake per AU$0.00010
Your P&L = (AU$1.43340 – AU$1.42983) x £3 per AU$0.00010 stake
Your P&L = AU$0.00357 x £3 per AU$0.00010
Your P&L = £107.10 profit

Markets can also fall, if the forex pair had moved down to, for example, AU$1.42661 – AU$1.42701, you might want to close your trade to restrict your losses. If that happened, you’d make a sell trade at AU$1.42661.

With the same £3 per AU$0.00010 stake:

Your P&L = (final level of the market – initial level of the market) x stake per AU$0.00010
Your P&L = (AU$1.42661 – AU$1.42983) x £3 per AU$0.00010 stake
Your P&L = -AU$0.00322 x £3 per AU$0.00010
Your P&L = -£96.60 loss


Selling – Speculating on the Market to Fall

A key benefit of financial spread betting is that investors can sell the markets, i.e. speculate that the markets are going to go down.

Initially, the market was priced at AU$1.42943 – AU$1.42983.

If you were to sell EURAUD at AU$1.42943 and the forex pair went down then you might see the price move to AU$1.42474 – AU$1.42514. If that were to happen, you might want to close your position for a profit at AU$1.42514.

Your P&L = (initial level of the market – final level of the market) x stake per AU$0.00010
Your P&L = (AU$1.42943 – AU$1.42514) x £3 per AU$0.00010 stake
Your P&L = AU$0.00429 x £3 per AU$0.00010
Your P&L = £128.70 profit

Of course, if the forex pair had risen to AU$1.43289 – AU$1.43329, you could choose to close your trade to prevent further losses. In that case, you’d buy at AU$1.43329.

You would close your bet with the same £3 per AU$0.00010 stake:

Your P&L = (initial level of the market – final level of the market) x stake per AU$0.00010
Your P&L = (AU$1.42943 – AU$1.43329) x £3 per AU$0.00010 stake
Your P&L = -AU$0.00386 x £3 per AU$0.00010
Your P&L = -£115.80 loss


EURAUD Rolling Daily market taken as of 20-Apr-17.

This is a Rolling Daily trade. Such trades do not have a predetermined closing date and automatically rolls over to the next trading day. When a market rolls over you may receive a small credit or incur a small financing cost. For more information, see rolling daily spread trading.



EURAUD Test Accounts

So what if you just want to try things out? Well, the companies listed below offer demo accounts. I.e. accounts which let you have a go at spread betting on EURAUD without risking any funds.



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