Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday
* Only if Margin Level > 100%
The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
Like most European currency crosses, the EUR/DKK combination is well-suited to the first foray outside of the majors. EUR/DKK is not widely traded within the UK, yet it is extremely popular with the traders in Denmark and its neighbouring countries. The combination is heavily influenced by the European politics and policies, with the Danish krone often shadowing the movements of the Euro. If you’re looking to diversify your portfolio, this pair could be a good choice.
Keep in mind that Denmark is the part of the EU but still retains its currency and does not plan to abandon it, only limits cash circulation. Despite the fact that Denmark is poor in mineral resources and occupies a small area with not the most favorable climatic conditions, the country has a highly developed economy and a high standard of living, large sums are invested in high technology and medicine.
If you are interested in trading the EUR/DKK currency pair, contact TNXTrade today and open trading account in several minutes.
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