- Trading
- Instrument Specifications
- Currency Pairs
- USD / DKK Investing
Trade Dollar Danish krone with IFCM
USD/DKK Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 12 | 12 | 12 |
| Floating Spread, pip | 12 | 12 | 12 |
| Order distance, pip | 24 | 24 | 24 |
| Swap, pip (Long/Short) | 1.38 / -6.23 | 1.38 / -6.23 | 1.38 / -6.23 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 DKK | 10 DKK | 10 DKK |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 12 | 12 | 12 | floating |
| Order distance, pip | 24 | 24 | 24 | 24 |
| Swap, pip (Long/Short) | 1.38 / -6.23 | 1.38 / -6.23 | 1.38 / -6.23 | 1.38 / -6.23 |
| 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 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 DKK | 10 DKK | 10 DKK | 10 DKK |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 12 | 12 | 12 | 12 |
| Order distance, pip | 24 | 24 | 24 | 24 |
| Swap, pip (Long/Short) | 1.38 / -6.23 | 1.38 / -6.23 | 1.38 / -6.23 | 1.38 / -6.23 |
| 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 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 DKK | 10 DKK | 10 DKK | 10 DKK |
USD/DKK Trading Hours
USD/DKK trading hours are the time when investors can buy and sell USD/DKK. The USD/DKK is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD/DKK during different trading hours. Depending on where you live, you may be able to trade USD/DKK at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD/DKK trading hours begin and end.
US Dollar vs Danish Krone
Type: Minor cross pair
This currency pair is the US Dollar against the Danish krone. The Danish krone, also known as the Danish crown in English, is currently tied to the Euro. It is the currency of Denmark, as well as Greenland and the Faroe Islands. The Danish krone replaced the former currency of Denmark( The Danish rigsdaler) and became the official currency of the country in 1873.
USDDKK Trading
This currency pair is the US Dollar against the Danish krone. The Danish krone, also known as the Danish crown in English, is currently tied to the Euro. It is the currency of Denmark, as well as Greenland and the Faroe Islands. The Danish krone replaced the former currency of Denmark (The Danish rigsdaler) and became the official currency of the country in 1873. This pair presents how many Danish krone is needed to trade USDDKK. For a deeper understanding how to trade currency pairs, for example USDDKK, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDDKK | Forex | Minor
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
