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EURNOK - Euro / Norwegian Krone

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
5:35 am (Local)
Opens in 4h 15m
Tokyo
4:35 am (Local)
Opens in 4h 25m
London
8:35 pm (Local)
Opens in 11h 25m
New York
3:35 pm (Local)
Opens in 17h 55m

EUR NOK Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 11.00Average: 33.32
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 X EURUSD Rate
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDNOK Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* Only if Margin Level > 100%

The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal forex trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

EUR/NOK is a minor pair on the Forex market. Like most European currency crosses, it is an ideal first foray beyond the majors, offering a fantastic opportunity to diversify your portfolio and balance your risks. Although the performance of the Krone tends to shadow the one of the Euro, the close political, economic and financial ties of the two economies encourage wider spreads and rapid fluctuations when compared to other Euro crosses. If you’re looking for a middling risk diversification opportunity then the EUR/NOK pair could be perfect match to you.

Due to the cold climate and the barren soils of Norway, there is practically no agriculture in the country. That’s why it has remained one of the poorest and least developed. However, the progress and change of priorities in the world radically changed the situation in the second half of the 20th century, when it turned out that the Norwegian sea shelf was rich in oil.

If you are interested in trading the EUR/NOK, contact FxPro today to open trading account in several minutes.

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