Trade EUR/CHF, the euro against the franc
EUR/CHF prices how many Swiss francs one euro buys. Switzerland sits at the heart of Europe and does most of its trade with the euro area, so this cross is usually calm, but it has a history of sudden moves when the Swiss National Bank acts.
- 24/5 trading
- Buy or sell
- Regulated by FSC Mauritius
EUR/CHF
Spreads from, pips · Premium
1.0
About EUR/CHF
Euro vs Swiss franc
In September 2011 the SNB set a minimum exchange rate of 1.20 francs per euro to stop the franc from strengthening. On 15 January 2015 it removed that floor without warning, and EUR/CHF fell by well over 10% within minutes. The episode is a reminder that low-volatility pairs can still gap.
Day to day, the pair responds to the policy gap between the ECB and the SNB and to safe-haven demand: in times of stress the franc tends to strengthen, pushing EUR/CHF lower.
- MT5 symbol
- EURCHF
- Known as
- Euro–Swissie
- Pip size
- 0.0001
- Trading hours
- 24/5
- Central banks
- ECB and Swiss National Bank
- Pip value (1 lot)
- CHF 10 per standard lot (about $12.50 at USD/CHF 0.8000)
- Character
- Usually calm, with rare sharp moves
What moves it
4 forces that drive EUR/CHF
SNB policy
Quarterly SNB assessments set rates and signal whether it may act in currency markets.
ECB policy
The ECB's rate path sets the euro side of the gap.
Safe-haven demand
Euro-area or global stress tends to push money into the franc.
Euro-area growth
Stronger euro-area data tends to support the euro against the franc.
When to trade
Best hours and key releases for EUR/CHF
Most active: The London session, roughly 07:00–16:00 GMT (11:00–20:00 UAE time), when both European markets are open.
| Session | GMT | UAE time |
|---|---|---|
| Sydney | 21:00–06:00 | 01:00–10:00 |
| Tokyo | 00:00–09:00 | 04:00–13:00 |
| LondonActive | 07:00–16:00 | 11:00–20:00 |
| New York | 12:00–21:00 | 16:00–01:00 |
Releases that move EUR/CHF
- SNB monetary policy assessmentFour times a year (March, June, September, December).
- ECB rate decisionEight times a year.
- Swiss CPIMonthly.
- Euro-area flash HICPMonthly.
- KOF economic barometerMonthly.
Spreads can widen and prices can gap around these releases. Check an economic calendar for exact dates and times.
Pricing
EUR/CHF spreads by account
Choose the account that fits your trading. The live EUR/CHF spread is always shown in MT5 before you place an order.
Classic
Spread-only, no commission
Spreads from
1.6 pips
- Commission
- None
- Min. deposit
- $100
Premium
Lower spreads, no commission
Spreads from
1.0 pips
- Commission
- None
- Min. deposit
- $3,000
VIP
Raw spreads plus commission
Spreads from
0.0 pips
- Commission
- $6 per 1.00 lot round turn, proportional to lot size
- Min. deposit
- $25,000
* Indicative typical spreads, may vary; last updated 28 September 2026. Spreads are variable and may widen during news releases and low-liquidity sessions. Commissions may apply depending on account type.
Leverage magnifies both gains and losses. Maximum leverage depends on the instrument, account type and your jurisdiction.
Get started
How to trade EUR/CHF on MT5
- 1
Open an account
Register online, verify your identity and choose Classic, Premium or VIP. - 2
Fund your account
Deposit with one of the available methods in the client portal. - 3
Find EURCHF in MT5
Log in to MetaTrader 5, open Market Watch and add EURCHF to see the live price and spread. - 4
Plan and place the trade
Set your position size and stop-loss, then choose Buy if you expect the pair to rise or Sell if you expect it to fall.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Forex prices, including EUR/CHF, can move quickly against you, especially around news releases.
FAQ
Frequently asked questions
What is the spread on EUR/CHF at IST Markets?
Spreads on IST Markets accounts start from 1.6 pips on Classic, 1.0 pips on Premium and 0.0 pips plus commission on VIP. The spread on EUR/CHF is variable and depends on market conditions; the live spread is always shown in MT5 before you trade. Cross pairs usually have wider spreads than the majors.
What is the pip value of EUR/CHF?
One pip on EUR/CHF is a price move of 0.0001. On one standard lot it is worth CHF 10 per standard lot (about $12.50 at USD/CHF 0.8000); a mini lot (0.10) is worth a tenth of that and a micro lot (0.01) a hundredth. Use the free pip calculator to work it out for your trade size.
What is the best time to trade EUR/CHF?
The pair trades 24 hours a day, Monday to Friday. It is usually most active during The London session, roughly 07:00–16:00 GMT (11:00–20:00 UAE time), when both European markets are open. Liquidity tends to be thinnest around the daily rollover and late on Fridays, when spreads can widen.
What happened to EUR/CHF in January 2015?
The Swiss National Bank unexpectedly removed its 1.20 floor under EUR/CHF on 15 January 2015. The franc surged and the pair fell sharply within minutes, with large price gaps. It shows why stop-losses and sensible position sizes matter even on calm pairs.
Why is EUR/CHF usually low-volatility?
Switzerland's economy is closely tied to the euro area, and the SNB watches the franc's value carefully. Both factors tend to keep the pair in relatively narrow ranges outside major events.
Ready to trade EUR/CHF on MT5?
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