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Trade Responsibly. riskWarning_japaneseDescriptionriskWarning_brazilianDescriptionTrade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% 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.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
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GBPCAD - British Pound / Canadian Dollar

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
7:02 am (Local)
Opens in 50h 48m
Tokyo
6:02 am (Local)
Opens in 50h 58m
London
10:02 pm (Local)
Opens in 57h 58m
New York
5:02 pm (Local)
Opens in 64h 28m

GBP CAD Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 1.60Average: 3.27
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 X GBPUSD Rate
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDCAD Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* Only if Margin Level > 100%

The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 โ€“ 25/8/2019. 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 forex trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The GBP/CAD currency combination is heavily impacted by the correlation of two important global economies: the United Kingdom and Canada. The pair is nevertheless an ideal tool for diversification for those who are familiar with the GBP/USD pair, yet keen to move beyond the four majors.

The Canadian dollar is the so-called commodity currency since the Canadian economy has an export orientation. The country's economy depends on the export of oil, timber, coal, ferrous and non-ferrous metals. If prices for this product fall, then the value of the dollar decreases, and consequently, the GBP/CAD rate rises. Accordingly, on the contrary: prices are rising, the quote is falling. The most important economic and political news influence in this way: if this data is good for Britain, then the pair quotes grow; if this data improvement occurs in Canada, then the GBP/CAD quotes fall.

If you are interested in trading the GBP/CAD, contact FxPro today to open trading account in several minutes.

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