Euro Index | Euro Currency Index Investing | EUR Index | &EUR_Index | IFCM UK
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EUR Index - Euro Index Trading

EUR Index Investing

Type:

PCI

Instrument : &EUR_Index

Try Trading Simulator

0
Leverage 1:100
Margin 1000
Calculation base
Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Euro Currency Index Description

The Euro index is used for the analysis and trade of the main European currency EUR against the rest of the Forex market. A portfolio of most liquid currencies - EUR, USD, JPY, AUD, CHF, and CAD is used as a market systemic indicator.

Advantage

  1. The Euro index reaction to Eurozone fundamental events is the most obvious and stable.
  2. The Euro index forms a stable trend channel suitable for position trading.
  3. The Euro index sensitivity to fundamental events in other currency zones is minimal. This allows detecting low-volatility trend movement of the index that characterizes objectively the state of Eurozone.

The theoretical bases for building the instrument can be found below in the section “Application field”.

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Created by professionals for professionals
Use these instruments for analysis and trading
Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Structure

PCI Components and their volume
Swipe table
&EUR_IndexAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1EUR778.6039100.0001000.0000EUR
Quoted part1USD43.5004.350043.5000USD
2JPY19811.42718.2000182.0000JPY
3GBP115.20018.8000188.0000GBP
4CHF180.35319.2000192.0000CHF
5AUD221.50919.8000198.0000AUD
6CAD215.17019.6500196.5000CAD

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.00001
Margin in USD for the volume and leverage of 1:100
10.03 USD
Creation date
2014-09-29
StandardBeginnerDemo
Fixed spread, pip
Floating Spread, pip
Order distance, pip
Swap (long/short) in pips on Vol
Available
volumes
The value of 1 pip in USD for the Vol

Trading hours

PCI active trading hours
Week dayServer time (CET)Local hours
Monday 00:00 — 24:0000:00 — 24:00
Tuesday00:00 — 24:0000:00 — 24:00
Wednesday00:00 — 24:0000:00 — 24:00
Thursday00:00 — 24:0000:00 — 24:00
Friday00:00 — 22:0000:00 — 22:00
Saturday
Sunday
How can PCI be applied in trading?
Limit volumes (USD) for base and quoted parts = 1000.00 ; 1000.00.

To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

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