- Trading
- Instrument Specifications
- Currency Pairs
- GBP / NZD Investing
Trade Pound New Zealand dollar with IFCM
GBP/NZD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 |
| Floating Spread, pip | 12 | 12 | 15 |
| Order distance, pip | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.42 / -0.99 | -0.42 / -0.99 | -0.42 / -0.99 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 NZD | 10 NZD | 10 NZD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 | 15 |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.42 / -0.99 | -0.42 / -0.99 | -0.42 / -0.99 | -0.42 / -0.99 |
| 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 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 NZD | 10 NZD | 10 NZD | 10 NZD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 12 | 12 | 15 | 12 |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.42 / -0.99 | -0.42 / -0.99 | -0.42 / -0.99 | -0.42 / -0.99 |
| 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 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 NZD | 10 NZD | 10 NZD | 10 NZD |
GBP/NZD Trading Hours
GBP/NZD trading hours are the time when investors can buy and sell GBP/NZD. The GBP/NZD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP/NZD during different trading hours. Depending on where you live, you may be able to trade GBP/NZD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when GBP/NZD trading hours begin and end.
The post-financial crisis and massive central bank stimulus that followed in developed countries resulted in some of the lowest bond yields in history. In order to find higher returns, cash has moved abroad into economies offering higher yielding assets. New Zealand has benefited during this period of time, but with the Fed's move to scale back asset purchases, as well as slower growth in China, 4 year trend may show signs of fundamental weakness.
"GBPNZD Trading
The post-financial crisis and massive central bank stimulus that followed in developed countries resulted in some of the lowest bond yields in history. In order to find higher returns, cash has moved abroad into economies offering higher yielding assets. New Zealand has benefited during this period of time, but with the Fed's move to scale back asset purchases, as well as slower growth in China, 4 year trend may show signs of fundamental weakness. This pair presents how many New Zealand dollars are needed to trade GBPNZD. For a deeper understanding how to trade currency pairs, for example GBPNZD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair GBPNZD | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
