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Trade Responsibly. TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Trade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Invest Responsibly: Trading CFDs involves significant risks.

USDHUF - US Dollar / Hungarian Forint

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
1:52 am (Local)
Opens in 7h 58m
Tokyo
12:52 am (Local)
Opens in 8h 8m
London
4:52 pm (Local)
Opens in 15h 8m
New York
11:52 am (Local)
Closes in 4h 8m

USD HUF Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 20.30Average: 92.83
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 USD
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD1000 / USDHUF Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

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'.

The USD/HUF combination links an important European currency to a major global currency, in the forms of the Hungarian forint and the American dollar. The pair is heavily influenced by the economic performances of these two nations, and thanks to the varied factors that influence them, it tends to be volatile, hard to predict and high risk. This renders the combination largely unsuitable for novices, yet it means that it poses an ideal investment for the experienced trader with a high risk threshold and an eye for opportunity.

In 2001, the Hungarian forint was tied to the Euro. Already in 2008, the National Bank of Hungary refused to bind the forint in order to make the national currency exchange rate stronger and reduce inflation as well (the strongest inflation in Hungary in 1946 was about 400% per day). The main factors that may affect the exchange rate of USD/HUF is the situation in the USA and in Hungary itself.

If you are interested in trading the USD/HUF currency pair, contact TNXTrade today and open trading account in several minutes to test your trading strategy.

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