Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Euro vs New Zealand Dollar •EURNZD•



This pair represents a cross between the Euro and New Zealand Dollar pair. The pair is popular among traders who love it for its volatility as well as the wide swings it makes each day. New Zealand is a smaller economy that shares major ties with Australia and Asian countries (often considered as a proxy for Chinese growth). As a result of the European difficulties, the NZD has traded well against the Euro in recent years, as idle cash looks to find a strong and secure yield. The pair provides opportunities for profit from significant value differentials and is also associated with high risk.

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