AUDPLN - Australian Dollar / Polish Zloty
Trading Conditions
* Only if Margin Level > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro 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 trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The AUD/PLN currency combination is not commonly traded within the UK, but it could still make a wonderful addition to your portfolio. Its performance is dependent upon the volatile relationship between two major economies: Poland's and Australia's. The divergent financial policies of these two nations mean that the correlation between them is often hard to predict, yet the high risk attached to the pairing means that it can deliver substantial rewards in the hands of an experienced investor.
With AUD/PLN, traders can use slow Stochastics and support-resistance levels, which determine entry and exit points. The Polish currency is not widespread on Forex, and its activity is mainly observed during the European session. This is mainly due to the conduct of trade operations in Poland at the local exchange.
If you follow the rules of money management and have a minimum deposit of several hundred dollars, you can trade this pair on H4 timeframes.
If you are interested in trading the AUD/PLN currency pair, contact FxPro today and open account in several minutes.