- Trading
- Instrument Specifications
- Currency Pairs
- USD / CNH Investing
Trade Dollar Yuan with IFCM
USD/CNH Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 |
| Floating Spread, pip | 15 | 15 | 15 |
| Order distance, pip | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.04 / -7.33 | -0.04 / -7.33 | -0.04 / -7.33 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 CNH | 10 CNH | 10 CNH |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 | floating |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.04 / -7.33 | -0.04 / -7.33 | -0.04 / -7.33 | -0.04 / -7.33 |
| 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 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 CNH | 10 CNH | 10 CNH | 10 CNH |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 15 | 15 | 15 | 15 |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -0.04 / -7.33 | -0.04 / -7.33 | -0.04 / -7.33 | -0.04 / -7.33 |
| 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 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 CNH | 10 CNH | 10 CNH | 10 CNH |
USD/CNH Trading Hours
USD/CNH trading hours are the time when investors can buy and sell USD/CNH. The USD/CNH is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD/CNH during different trading hours. Depending on where you live, you may be able to trade USD/CNH at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD/CNH trading hours begin and end.
This currency pair is the US Dollar versus offshore Chinese Renminbi. The Renminbi is also known as the Yuan and the letters CNY are used to trade inside of China. The Yuan was pegged to the USD previously and is now allowed to trade daily a limited distance against the reserve currency.
USDCNH Trading
This currency pair is the US Dollar versus offshore Chinese Renminbi. The Renminbi is also known as the Yuan and the letters CNY are used to trade inside of China. The Yuan was pegged to the USD previously and is now allowed to trade daily a limited distance against the reserve currency. This pair presents how many Chinese yuan is needed to trade USDCNH. For a deeper understanding how to trade currency pairs, for example USDCNH, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDCNH | Forex | Exotic
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
