Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

PLNJPY - Polish Zloty / Japanese Yen

Swap Short: -8.4533 PointsSwap Long: 2.9438 Points
Low: 29.874Spread MT5 floatingHigh: 30.048
Global Stock Exchanges Session Times
Sydney
11:08 pm (Local)
Opens in 10h 42m
Tokyo
9:08 pm (Local)
Opens in 11h 52m
London
12:08 pm (Local)
Opens in 19h 52m
New York
7:08 am (Local)
Opens in 26h 22m

PLNJPY Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 3.90Average: 5.00
Market Hours*Closed Now
Market Hours*Closed Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 JPY X USDJPY Rate
Minimum contract size1000 PLN (0.01 lots)
Minimum step for increasing contract size1000 PLN
Margin requirements to open a lock position *0

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The PLN/JPY currency combination is heavily influenced by two world major countries: Japan and Poland. The low trading volume of this pair makes it more prone to volatility and unpredictability than the most traded combinations, yet it can still make an ideal middling risk investment for those who are looking to expand the trading portfolio. The divergent financial policies of these two nations mean that the correlation between them is often hard to predict, yet the high risk attached to the pairing means that it can deliver substantial rewards in the hands of an experienced investor.

With PLN/JPY, traders can use slow Stochastics and support-resistance levels, which determine entry and exit points. The Polish currency is not widespread on Forex, and its activity is mainly observed during the European session. This is mainly due to the conduct of trade operations in Poland at the local exchange.

If you follow the rules of money management and have a minimum deposit of several hundred dollars, you can trade this pair on H4 timeframes.

If you are interested in trading the PLN/JPY currency pair, contact FxPro today and open trading account in several minutes.