- Trading
- Instrument Specifications
- Currency Pairs
- EUR / ZAR Investing
Trade Euro Rand with IFCM
EUR/ZAR Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 105 | 105 | 105 |
| Floating Spread, pip | 105 | 105 | 105 |
| Order distance, pip | 210 | 210 | 210 |
| Swap, pip (Long/Short) | -37.42 / 6.85 | -37.42 / 6.85 | -37.42 / 6.85 |
| 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 ZAR | 10 ZAR | 10 ZAR |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 105 | 105 | 105 | floating |
| Order distance, pip | 210 | 210 | 210 | 210 |
| Swap, pip (Long/Short) | -37.42 / 6.85 | -37.42 / 6.85 | -37.42 / 6.85 | -37.42 / 6.85 |
| 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 ZAR | 10 ZAR | 10 ZAR | 10 ZAR |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 105 | 105 | 105 | 105 |
| Order distance, pip | 210 | 210 | 210 | 210 |
| Swap, pip (Long/Short) | -37.42 / 6.85 | -37.42 / 6.85 | -37.42 / 6.85 | -37.42 / 6.85 |
| 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 ZAR | 10 ZAR | 10 ZAR | 10 ZAR |
EUR/ZAR Trading Hours
EUR/ZAR trading hours are the time when investors can buy and sell EUR/ZAR. The EUR/ZAR is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade EUR/ZAR during different trading hours. Depending on where you live, you may be able to trade EUR/ZAR 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/ZAR trading hours begin and end.
Euro vs South African rand
Type: Exotic Cross pair
The EUR/ZAR is the forex quote for the Euro against the South African rand. The South African Rand, which is the official currency of South Africa, was introduced simultaneously with the establishment of the Republic of South Africa. The Rand is considered to be a relatively volatile currency, as it may be as high as 1000 pips. Traders choose to trade this currency, because South Africa is known to be a major exporter of gold and platinum throughout the world.
EURZAR Trading
The EURZAR is the forex quote for the Euro against the South African rand. The South African Rand, which is the official currency of South Africa, was introduced simultaneously with the establishment of the Republic of South Africa. The Rand is considered to be a relatively volatile currency, as it may be as high as 1000 pips. Traders choose to trade this currency, because South Africa is known to be a major exporter of gold and platinum throughout the world. This pair presents how many South African rands are needed to trade EURZAR. For a deeper understanding how to trade currency pairs, for example EURZAR, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair EURZAR | 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
