- Trading
- Instrument Specifications
- Currency Pairs
- GBP / SEK Investing
Trade Pound Swedish krona with IFCM
GBP/SEK Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 65 | 65 | 65 |
| Floating Spread, pip | 65 | 65 | 65 |
| Order distance, pip | 130 | 130 | 130 |
| Swap, pip (Long/Short) | 1.23 / -10.57 | 1.23 / -10.57 | 1.23 / -10.57 |
| 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 SEK | 10 SEK | 10 SEK |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 65 | 65 | 65 | floating |
| Order distance, pip | 130 | 130 | 130 | 130 |
| Swap, pip (Long/Short) | 1.23 / -10.57 | 1.23 / -10.57 | 1.23 / -10.57 | 1.23 / -10.57 |
| 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 SEK | 10 SEK | 10 SEK | 10 SEK |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 65 | 65 | 65 | 65 |
| Order distance, pip | 130 | 130 | 130 | 130 |
| Swap, pip (Long/Short) | 1.23 / -10.57 | 1.23 / -10.57 | 1.23 / -10.57 | 1.23 / -10.57 |
| 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 SEK | 10 SEK | 10 SEK | 10 SEK |
GBP/SEK Trading Hours
GBP/SEK trading hours are the time when investors can buy and sell GBP/SEK. The GBP/SEK is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP/SEK during different trading hours. Depending on where you live, you may be able to trade GBP/SEK 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/SEK trading hours begin and end.
British Pound vs Swedish Krona
Type: Minor cross pair
The GBP/SEK currency pair represents the forex quote for the British pound sterling against the Swedish krona. The Swedish krona, also known as “Swedish crown” in English, is the world’s 7th most traded currency. The krona has been the official currency of Sweden since 1873 and it is administered by the Riksbanken, the central bank of Sweden.
GBPSEK Trading
The GBPSEK currency pair represents the forex quote for the British pound sterling against the Swedish krona. The Swedish krona, also known as “Swedish crown” in English, is the world’s 7th most traded currency. The krona has been the official currency of Sweden since 1873 and it is administered by the Riksbanken, the central bank of Sweden. This pair presents how many Swedish kronas are needed to trade GBPSEK. For a deeper understanding how to trade currency pairs, for example GBPSEK, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair GBPSEK | Forex | Minor
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
