- Trading
- Instrument Specifications
- Currency Pairs
- EUR / TRY Investing
Trade Euro Turkish Lira with IFCM
EUR/TRY Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 |
| Floating Spread, pip | 50 | 50 | 50 |
| Order distance, pip | 100 | 100 | 100 |
| Swap, pip (Long/Short) | -465.37 / 67.95 | -465.37 / 67.95 | -465.37 / 67.95 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 EUR | 100.00 – 100000.00 EUR | >=100.00 EUR |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 TRY | 10 TRY | 10 TRY |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 | floating |
| Order distance, pip | 100 | 100 | 100 | 500 |
| Swap, pip (Long/Short) | -465.37 / 67.95 | -465.37 / 67.95 | -465.37 / 67.95 | -465.37 / 67.95 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 EUR | 100000 EUR | 100000 EUR | 100000 EUR |
|
1 pip value per 1 lot | 10 TRY | 10 TRY | 10 TRY | 10 TRY |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 50 | 50 | 50 | 50 |
| Order distance, pip | 100 | 100 | 100 | 500 |
| Swap, pip (Long/Short) | -465.37 / 67.95 | -465.37 / 67.95 | -465.37 / 67.95 | -465.37 / 67.95 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 EUR | 100000 EUR | 100000 EUR | 100000 EUR |
|
1 pip value per 1 lot | 10 TRY | 10 TRY | 10 TRY | 10 TRY |
EUR/TRY Trading Hours
EUR/TRY trading hours are the time when investors can buy and sell EUR/TRY. The EUR/TRY is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade EUR/TRY during different trading hours. Depending on where you live, you may be able to trade EUR/TRY at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when EUR/TRY trading hours begin and end.
Euro vs Turkish lira
Type: Exotic Cross pair
Many traders were attracted to the high volatility of this currency pair during pre-crisis conditions, but due to monetary policy of maintaining price stability in the Euro-Zone the volatility has declined since then.
EURTRY Trading
Many traders were attracted to the high volatility of this currency pair during pre-crisis conditions, but due to monetary policy of maintaining price stability in the Euro-Zone the volatility has declined since then. This pair presents how many Turkish lira are needed to trade EURTRY. For a deeper understanding how to trade currency pairs, for example EURTRY, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair EURTRY | Forex | Minor
The euro (EUR, single currency) – the 2nd most traded world currency, emitted by the European Central Bank.
- official common currency of 17 states which constitute the European currency bloc, so called Euro Zone
- considered as the second world reserve currency, held by central banks, financial institutions and private investors
- often subject of speculation on general health of the Euro Zone and its members
