- Trading
- Instrument Specifications
- Currency Pairs
- EUR / CAD Investing
Trade Euro Canadian dollar with IFCM
EUR/CAD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 4.5 | 4.5 | 4.5 |
| Floating Spread, pip | 3.6 | 3.6 | 4.5 |
| Order distance, pip | 9 | 9 | 9 |
| Swap, pip (Long/Short) | -0.61 / -0.27 | -0.61 / -0.27 | -0.61 / -0.27 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 EUR | 100.00 – 100000.00 EUR | >=100.00 EUR |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 CAD | 10 CAD | 10 CAD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 4.5 | 4.5 | 4.5 | 4.5 |
| Order distance, pip | 9 | 9 | 9 | 9 |
| Swap, pip (Long/Short) | -0.61 / -0.27 | -0.61 / -0.27 | -0.61 / -0.27 | -0.61 / -0.27 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 EUR | 100000 EUR | 100000 EUR | 100000 EUR |
|
1 pip value per 1 lot | 10 CAD | 10 CAD | 10 CAD | 10 CAD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 3.6 | 3.6 | 4.5 | 3.6 |
| Order distance, pip | 9 | 9 | 9 | 9 |
| Swap, pip (Long/Short) | -0.61 / -0.27 | -0.61 / -0.27 | -0.61 / -0.27 | -0.61 / -0.27 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 EUR | 100000 EUR | 100000 EUR | 100000 EUR |
|
1 pip value per 1 lot | 10 CAD | 10 CAD | 10 CAD | 10 CAD |
EUR/CAD Trading Hours
EUR/CAD trading hours are the time when investors can buy and sell EUR/CAD. The EUR/CAD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade EUR/CAD during different trading hours. Depending on where you live, you may be able to trade EUR/CAD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when EUR/CAD trading hours begin and end.
The EUR/CAD pair generally has a slightly higher average true range than the majors and it offers more opportunities to intraday traders and swing traders. Canada is known for exporting crude oil and tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Euro is one of the most popularly traded currencies in Forex, it has been often used as a funding currency during times of global economic uncertainty.
"EURCAD Trading
The EURCAD pair generally has a slightly higher average true range than the majors and it offers more opportunities to intraday traders and swing traders. Canada is known for exporting crude oil and tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Euro is one of the most popularly traded currencies in Forex, it has been often used as a funding currency during times of global economic uncertainty. This pair presents how many Canadian dollars are needed to trade EURCAD. For a deeper understanding how to trade currency pairs, for example EURCAD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair EURCAD | Forex | Major
The euro (EUR, single currency) – the 2nd most traded world currency, emitted by the European Central Bank.
- official common currency of 17 states which constitute the European currency bloc, so called Euro Zone
- considered as the second world reserve currency, held by central banks, financial institutions and private investors
- often subject of speculation on general health of the Euro Zone and its members
