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EURNZD is the ticker symbol for Euro vs New Zealand Dollar. EURNZD is a Forex CFD. The EUR/NZD currency pairing is a representation of the amount of New Zealand dollars (NZD) that can be bought for every Euro (EUR).
The standard contract size for EURNZD is 100000 with max lots of 1000 tradeable in 0.01 lot increments.
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The minimum trade size for EURNZD is 0.01
1000 lots
You analyze the EURNZD forex pair the same as any other market, by a combination of technical analysis, trend analysis, and any pertinent fundamental analysis or information that is available. You should think of the EUR as the "anti-NZD", as if the NZD is soft, it generally means that there is a strengthening EUR, and vice versa.
CFD trading is extremely risky. Trading any leveraged product carries significant risk as you have the ability to open positions that are far larger than your account balance.
We offer competitive leverage rates which are determined by the Afterprime entity you register with.
One Forex point is normally = to 10 unit of base currency. For instance, one Forex point of EURNZD is = to 10 EUR.
The EURNZD pair is one of the most traded currency pairs in the world. It is also one of the most volatile, which makes it an ideal candidate for trading strategies like day trading and scalp trading. We will go over some basic EURNZD trading strategies that beginners can use to get started.
The first strategy we will discuss is day trading. Day trading is a strategy where you take advantage of short-term price movements in the market. To day trade the EURNZD pair, you will need to open a position when the market is moving in your favor and close it before the end of the day. This strategy works best when there is high volatility in the market.
The second strategy we will discuss is scalp trading. Scalp trading is a strategy where you take advantage of small price movements in the market. To scalp trade the EURNZD pair, you will need to open and close your position multiple times throughout the day. This strategy works best when there is low volatility in the market.
These are just two of the many possible EURNZD trading strategies that traders can use to make a profit. If you are new to trading, we recommend starting with a day trading or scalp trading strategy. Both of these strategies have the potential to make you a profit if executed properly.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
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The Afterprime liquidity mix for the forex market has been specially designed to cater for all forex trading styles. Enjoy trading on EURNZD with fast speeds and low costs.
Low Costs
STP Execution
Execution From < 1ms
No restrictions
Low financing
Deep sweepable liquidity
Test our platforms for free and jump into our Discord to see the magic unfold.
We look forward to supporting you on your trading journey.
Trading CFDs and FX is high risk and not suitable for all investors. Losses can exceed your initial investment. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation, or needs. Our Risk Disclosures and Legal documents should be considered before deciding to enter into any derivative transactions.
The information on this site is not directed at residents of the following countries: Australia, United States, China, New Zealand, Japan, and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Afterprime Ltd (Seychelles company registration number 8426189-1) is a Securities Dealer, authorised by the Financial Services Authority (FSA) with licence number SD057. The registered office of Afterprime Ltd is 9A CT House, 2nd floor, Providence, Mahé, Seychelles.
Afterprime Ltd (BVI Company registration number 1519429) is authorised to provide financial technology and brokerage support services. The registered office of Afterprime Ltd is Portcullis Chambers, 4th Floor, Ellen Skelton Building, 3076 Sir Francis Drake Highway, Road Town, Tortola, British Virgin Islands VG1110.
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