Trading Specifications
Contract Size
100,000
Min Lot Size
0.01
Max Lot Size
50.00
Lot Step
0.01
Digits
5
Margin
1%
Swap Long
0.78 pts
Swap Short
-12.98 pts
USD/CAD is one of the most traded currency pairs in the world, representing the exchange rate between the US Dollar and the Canadian Dollar. With daily trading volumes exceeding $100 billion, this major pair is highly liquid and a cornerstone of forex markets. The pair reflects the economic relationship between the United States and Canada, two of the world's largest trading partners.
USD/CAD price movements are driven by several key factors including interest rate differentials between the US Federal Reserve and the Bank of Canada, commodity prices (particularly crude oil, a major Canadian export), geopolitical events, and macroeconomic data releases from both countries. Risk sentiment also plays a role, as the Canadian Dollar is often considered a risk-on currency. Changes in oil prices have a particularly strong correlation with USD/CAD movements.
At GCC Brokers, USD/CAD is available for STP execution with no dealing desk intervention, ensuring transparent pricing and direct market access. Trade this major pair across our Zero and Standard account types with competitive spreads starting from 0.0 pips on the Zero account. Our A-Book model guarantees that your orders flow directly to liquidity providers, offering fair execution and tight pricing on this highly liquid instrument.
Common Questions
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Experience STP execution with transparent pricing, no dealing desk, and direct market access on the world's most traded currency pairs.