GBPAUD

Great Britain Pound vs Australian Dollar

Forex spot

-0.04%

Low - High

1.76921 - 1.77199

Spread

Swap Long

-6.77

Swap Short

-4.41

Margin Req.

0.2%

Trading Size

0.01 - 1000

Contract Size

100000

Leverage Up To

1:500

3-Day SWAPs

Wednesday

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Open	Monday 00:05

Close

Friday 23:59

Server Time

GMT+2

Daily Break

23:59-00:05

About

GBPAUD

GBPAUD is the abbreviation for the British Pound and the Australian dollar representing the number of Australian dollars required to buy one pound. Though both are considered as major currencies, the pair is not. The two currencies have largely independent economies focusing on different sectors. The Australian dollar is considered as a commodity currency relying heavily on the exportation of raw materials while the sterling relies on manufacturing and finance. As compared to the British Pound, the AUD offers a bigger advantage for traders to diversify a portfolio as it has a greater exposure to Asian economies and the commodities cycle. The value of the Aussie dollar rises against the British Dollar with an increase in global commodity supercycle, rising mineral prices and financial or manufacturing recessions. The pair is viewed as a popular counter option for major global trends within industrialized nations.

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MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.

LICENCES AND AUTHORISATIONS

TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda

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