Dukascopy Expands Range of FX Instruments with Addition of EUR/RUB

Swiss brokerage Dukascopy announced today that it has expanded the range of its FX instruments list with the addition of a further currency pair.

The euro/Russian ruble (EUR/RUB) has been added on the LIVE environment with the maximum Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term on the pair set to 1:10. The company announced that the new currency pair will only be available for self traders' accounts.

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Euro/Russian Ruble Currency Pair

The EUR/RUB represents two contradicting economies in Europe. The euro, which is the second most traded currency in the world, is generally considered to be stable whereas the ruble, which is the world’s first decimal currency, is usually more volatile due to its dependence on and sensitivity to the price of crude oil.

With the inclusion of the new EUR/RUB currency pair, the company continues to expand its offerings and attract more traders who are looking to diversify their trading options by choosing from an even broader range of currency pairs in which to trade.

Amongst the company's most recent additions are the Turkish lira/Japanese yen (TRY/JPY) and South African rand /Japanese yen (ZAR/JPY) which it launched in August this year.