Trade USDTRY with us

Join those who have already recognized the best trading conditions

MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

Change	-0.01%
Spread
Low	6.8534
High	6.86685
Swap Long	-716.28
Swap Short	120.76
Margin Requirement	5%
Min Trading Size	0.01
Max Trading Size	1000
Contract Size	100000
Leverage Up To	1:20
3-day SWAPs	Wednesday

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Forex trading hours and server time

Open Monday 00:05 Close Friday 23:59 Server time GMT+3

Daily break 23:59-00:05

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About

USDTRY

The USDTRY is the currency pair for the US dollar(USD) and the new Turkish Lira (TRY). The USDTRY is one of the commonly traded combinations involving the new Turkish Lira. The search for higher interest rates is often one of the primary drivers in trading the pair. The new Turkish Lira has high volatility driven by the country's political situation and dependency on foreign investment to fund its significant current account gap (second largest current account deficit among emerging nations). Changes to US monetary policy alongside any market uncertainty are some of the factors that influence most of the moves of the USDTRY pair.

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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

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