SMI (Switzerland 20) price (SWI20) — live chart
Follow the live Switzerland 20 (SMI) price and chart, check the contract specifications and see what moves SWI20.
Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About Switzerland 20 (SMI)
The Switzerland 20, also known as the Swiss Market Index or SMI, tracks a selection of major Swiss listed companies. It provides a reference for Swiss equity market performance rather than the price of an individual share. The index is quoted in points, while the SWI20 CFD contract expresses point movements in Swiss francs.
The SMI combines a Swiss listing base with substantial international business exposure. Healthcare, consumer goods and financial companies give it a sector profile that differs from broader European equity benchmarks. Swiss franc movements can influence the translated earnings and competitiveness of constituent businesses, while overseas demand means the index does not simply mirror Switzerland’s domestic economy.
On Xellion’s MT5 platform, SWI20 is traded as a CFD, allowing a position to be long or short without owning the underlying shares. Its stated contract size is 1 × index, expressed in CHF per point. Trading is available nearly around the clock from Monday to Friday, with a daily break; activity is generally strongest during Zurich hours.
What moves the price
- Constituent earnings and company guidance
- Swiss franc movements against major currencies
- Swiss National Bank policy and interest-rate expectations
- Global demand for Swiss companies’ products and services
- Healthcare, consumer goods and financial-sector developments
- European equity sentiment and broader risk appetite
| Symbol | SWI20 |
|---|---|
| Contract size | 1 × index (CHF per point) |
| Leverage | Up to 1:2000 |
| Trading hours | Nearly 24 hours, Monday to Friday, with a daily break; most active during Zurich hours |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
SWI20 questions
How is the SWI20 CFD quoted and measured?
The SMI is quoted in index points. For SWI20, the stated contract size is 1 × index (CHF per point), linking index movements to a Swiss franc value. The monetary effect of a price move also depends on the position size.
When can SWI20 be traded?
SWI20 trading hours are nearly 24 hours, Monday to Friday, with a daily break. Activity is generally strongest during Zurich hours, when the underlying Swiss equity market is active. The daily break means trading is not continuous throughout the weekday session.
Why can the Swiss franc affect the SMI?
Many SMI constituents earn revenue outside Switzerland. Exchange-rate changes can affect the Swiss franc value of overseas earnings and the competitiveness of Swiss exports. The impact varies by company, depending on its costs, sales markets and currency hedging.
Does trading SWI20 mean owning Swiss shares?
No. SWI20 is traded as a CFD on Xellion’s MT5 platform, rather than through ownership of constituent shares. A position can be long or short, with gains or losses linked to price movements. Leverage magnifies both gains and losses.
Risk warning: 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. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure