Trade USD / ZAR | Spot Forex
USDZAR Forex Trading Conditions
| Classic | Direct | Pro | |
|---|---|---|---|
| Spread type | Floating | Floating | Floating |
| Min. spread, pip | 75 | 75 | 105 |
| Order distance, pip | 150 | 150 | 210 |
| Swap, pip (Long/Short) | -27.24 / -2.17 | -27.24 / -2.17 | -27.24 / -2.17 |
| Pip Size | 0.0001 | 0.0001 | 0.0001 |
| Lot size for МТ4/МТ5 | 100000 USD | 100000 USD | 100000 USD |
| Max Leverage | Account leverage | Account leverage | Account leverage |
Trading Hours
trading hours are the time when investors can buy and sell . The is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade during different trading hours. Depending on where you live, you may be able to trade at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when trading hours begin and end.
US dollar vs South African rand
Type: Exotic pair
The Rand is currently the legal tender for South Africa, Lesotho, Namibia and Swaziland. This currency benefits when investors take on more risk in developing countries. The Rand is pushed lower because of any pullback in risk from global markets, for instance this happened during the financial crisis of 2008.
Trade Currency Pairs and discover the benefits of Forex trading with IFC Markets
Currency Pair USDZAR | Forex | Minor
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
