Canada Currency Trading

The Canadian Dollar, or CAD, is one of the most frequently traded currencies. Unlike other firms that offer competitive spreads on the exotic currencies, but limit access to the Canadian Dollar with prohibitively expensive bid/ask ratios, FX Trading offers spreads as low as 2 wide on the CAD. Furthermore, we extend our industry leading 400:1 leverage to clients wishing to trade Canadian Dollar.

Because of the regularity and stability between the American and Canadian economies, many traders feel they are better able to predict market movements than with the more exotic currencies. To capitalize on the economic relationship between these two countries, clients will trade the USD/CAD [US Dollar/Canadian Dolalr] currency pair.

If a trader believes that the US Dollar will strengthen against the Canadian Dollar, they will buy the USD/CAD. If they believe that the US Dollar will weaken against the Canadian Dollar, they will sell the USD/CAD.

To view the relationship between the Canadian Dollar and US Dollar, register for our Demo Account.

 

*FX Trading is compensated by a
volume rebate from the bid/ask spread
paid by the clearing firm.

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