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AUDDKK - Australian Dollar / Danish Krone

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
11:33 pm (Local)
Opens in 34h 17m
Tokyo
10:33 pm (Local)
Opens in 34h 27m
London
2:33 pm (Local)
Opens in 41h 27m
New York
9:33 am (Local)
Opens in 47h 57m

AUD DKK 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: 10.00 Average: 12.26
cTrader Limit and Stop Level0.005
Used Margin (1:100 leverage rate) in US DollarMax. Leverage is 1:20
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDDKK 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'.

The AUD/DKK currency combination is not widely traded but that doesn’t mean there is no place for it in your portfolio. Volatile and high-risk, the performance of the pairing is reliant upon the erratic correlation between the Danish krone and the Australian dollar. Although widely considered to be a gamble, the pair can deliver some significant profits when wielded by experienced hands.

Even though AUD/DKK does not reach the rand, peso or rouble in terms of volatility but the average of 500-700 pips per day is not a joke. Sometimes this value can exceed even 1000 pips per day.

Despite the fact that Denmark is poor in mineral resources and occupies a small area with not the most favorable climatic conditions, the country has a highly developed economy and a high standard of living. Plus, large sums are invested in high technology and medicine.

If you are interested in trading the AUD/DKK currency pair, contact FxPro today and open account in several minutes.

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