Euro vs New Zealand Dollar

EURNZD

Accounts Comparative Table

Trading Account Type alpari.systematic
Instrument FOREX
Ticker EURNZD
Currency Pair Euro vs New Zealand Dollar
Minimum Spreads10 pips
Typical Spreads20 pips
Pip Value per 1 lot NZD 10.0
Lot Size 100000 EUR
Margin 1000 EUR
Hedged Margin 500 EUR
Minimum Contract 0.01 lot
Contract Size Minimum Increment 0.01 lot
Price Minimum Increment 0.00001
1 pip 0.0001
Order Status Good Till Cancelled
Swap Short 0.89 pips
Swap Long -1.48 pips
Commission on Swap-Free Accounts 20 USD
Opening 21:00:00 GMT, Sunday
Closing 21:00:00 GMT, Friday

* On this type of account the spread is widened by 1 pip. This is the only fee for Systematic trading.

Account Type Instrument Lot Leverage Account
Currency
 

  alpari.micro alpari.classic alpari.pamm alpari.zulutrade alpari.systematic
Spread 7 - 10.5 7 - 10.5 10 - 20 9 - 12.5 10 - 20
Swap Short 0.89 0.89 0.89 0.89 0.89
Swap Long -1.48 -1.48 -1.48 -1.48 -1.48
Minimum Contract 0.01 0.1 0.01 0.01 0.01
Leverage 1:500 1:500 1:100 1:100-500* 1:500
Stop Out 20% 20% 20% 20%-60%* 20%

* Spread is widened by 1 pip. This is the only fee for Systematic trading.

* Depending on account type