- Trading
- Instrument Specifications
- Currency Pairs
- GBP / CAD Investing
Trade Pound Canadian dollar with IFCM
GBP/CAD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 |
| Floating Spread, pip | 4.8 | 4.8 | 6 |
| Order distance, pip | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.02 / -1.14 | 0.02 / -1.14 | 0.02 / -1.14 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| 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 | 6 | 6 | 6 | 6 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.02 / -1.14 | 0.02 / -1.14 | 0.02 / -1.14 | 0.02 / -1.14 |
| 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 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
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 | 4.8 | 4.8 | 6 | 4.8 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.02 / -1.14 | 0.02 / -1.14 | 0.02 / -1.14 | 0.02 / -1.14 |
| 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 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 CAD | 10 CAD | 10 CAD | 10 CAD |
GBP/CAD Trading Hours
GBP/CAD trading hours are the time when investors can buy and sell GBP/CAD. The GBP/CAD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP/CAD during different trading hours. Depending on where you live, you may be able to trade GBP/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 GBP/CAD trading hours begin and end.
The GBP/CAD is the British Pound – Canadian Dollar cross. The Sterling is referred to as one of the heaviest traded currencies in the world and the Loonie is considered to be a commodity currency due to the reliance of Canada on energy exports for growth.
"GBPCAD Trading
The GBPCAD is the British Pound – Canadian Dollar cross. The Sterling is referred to as one of the heaviest traded currencies in the world and the Loonie is considered to be a commodity currency due to the reliance of Canada on energy exports for growth. This pair presents how many Canadian dollars are needed to trade GBPCAD. For a deeper understanding how to trade currency pairs, for example GBPCAD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair GBPCAD | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
