Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% 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.

GBPDKK - British Pound / Danish Krone

Swap Short: -111.6991 PointsSwap Long: -33.9954 Points
Low: 8.45314Spread MT5 floatingHigh: 8.49128
Global Stock Exchanges Session Times
1:23 am (Local)
Opens in 8h 27m
11:23 pm (Local)
Opens in 9h 37m
3:23 pm (Local)
Closes in 1h 7m
New York
10:23 am (Local)
Closes in 5h 37m

GBPDKK Trading Chart

No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 61.90Average: 73.98
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 DKK X USDDKK Rate
Minimum contract size1000 GBP (0.01 lots)
Minimum step for increasing contract size1000 GBP
Margin requirements to open a lock position *0

* 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 performance of the GBP/DKK currency combination is heavily influenced by the correlation of two important European economies: the United Kingdom and Denmark that often parallel each other due to the close and shared economic, political and financial ties to the Eurozone. GBP/DKK will make a neat addition to the portfolios of the traders working with the middle-risk strategies, as well for those who and looking for the instruments to diversify their investments.

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 GBP/DKK currency pair, contact FxPro today and open trading account in several minutes.