info
Trade Responsibly. riskWarning_japaneseDescriptionriskWarning_brazilianDescriptionTrade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
riskWarning_japaneseDescriptionriskWarning_brazilianDescriptionInvest Responsibly: Trading CFDs involves significant risks.

GBPSEK - British Pound / Swedish Krona

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
11:38 pm (Local)
Opens in 34h 12m
Tokyo
10:38 pm (Local)
Opens in 34h 22m
London
2:38 pm (Local)
Opens in 41h 22m
New York
9:38 am (Local)
Opens in 47h 52m

GBP SEK 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: 3.60Average: 27.24
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 X GBPUSD Rate
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDSEK 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 โ€“ 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 performance of the GBP/SEK currency pair is heavily influenced by the relationships of two world major economies: Sweden and Great Britain. Keep in mind that the Krona often shadows the movements of the Euro. This pair is ideal for the investors looking to diversify their portfolios away from the four majors, this currency pair is usually relatively stable.

GBP/SEK is most active during the European sessions on Thursdays and have the lowest volatility on Mondays.

For a successful trading tool such as the Pound against the Swedish Krona, it is desirable to have a sufficient deposit amount. This is especially important when it comes to long-term retention of the open positions, for example, in the case of trading with the carry-trade strategy, when the course dynamics may change for the several times in the short term.

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

Get GBPSEK trading ideas

Get daily trading signals on:
  • Shares/Indices
  • Forex
  • Gold/Oil
Trading CentralPowered by
TradingCentral
Register now
Chart
TARGET (BUY)Open AccountGet FREE trading signals TARGET (SELL)