Thinking of trading EUR/NOK?
- 1. Because of extensive trade and geographical proximity, the correlation between these two currencies is indeed strong. The Eurozone isn't the only major trade partner of Norway though, as the country exports energy elsewhere too so that is also a bonus for potential investors2. The Euro has low volatility outside of market events and political news, this offers benefits to traders due to its stability.
Trading CFDs involves significant risk of loss
How would you like to trade EUR/NOK?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade EUR/NOK with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Though it enjoys close ties with the EU, Norway is one of only two Nordic countries which have thus far refused to join the Union. This a major factor that traders need to be aware of. 2. Indeed, following the 2008 financial crisis, which exposed the vulnerabilities and structural shortcomings of the common currency, the EUR has suddenly become a much less attractive option.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'