Trade Norwegian Krone / Japanese Yen CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.04
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment¥1,000Overnight funding adjustmentCharges from full value of position0.00492 %(¥5)Trade size with leverage ~ ¥100,000Money from leverage ~ $¥99,000Go to platform: 0.00492%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment¥1,000Overnight funding adjustmentCharges from full value of position-0.01314 %(-¥13)Trade size with leverage ~ ¥100,000Money from leverage ~ $¥99,000Go to platform: -0.01314%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: JPY
• Min traded quantity: 1000
• Margin: 1.00%
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 0.03%

• Margin. Your investment: ¥1,000
• Overnight funding adjustmentCharges from full value of position: 0.00492 %
  (¥5)

• Margin. Your investment: ¥1,000
• Overnight funding adjustmentCharges from full value of position: -0.01314 %
  (-¥13)

Trade Norwegian Krone / Japanese Yen

The base currency – NOK. The counter currency – JPY. The NOK to JPY chart is the Norwegian krone to the Japanese yen currency pair. It reflects how much the NOK is worth as measured against the JPY. The NOK/JPY is an exotic currency pair that is not traded as often as the majors, however still enjoys popularity among traders. The value of the Norwegian krone is often related to oil prices and interest rates. Therefore, when the oil price goes up, the krone strengthens its positions relative to other currencies and vice versa. Historically a low-yielding currency, the Japanese yen is an attractive vehicle for carry trades. Follow the NOK to JPY rates and explore this noteworthy trade vehicle.