GBPCAD

Great Britain Pound vs Canadian Dollar

Forex spot

0.02%

Low - High

1.72882 - 1.7303

Spread

Swap Long

-5.19

Swap Short

-4.44

Margin Req.

0.2%

Trading Size

0.01 - 1000

Contract Size

100000

Leverage Up To

1:500

3-Day SWAPs

Wednesday

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Open	Monday 00:05

Close

Friday 23:59

Server Time

GMT+2

Daily Break

23:59-00:05

About

GBPCAD

The British pound/Canadian Dollar (GBP/CAD) cross currency pair is one of the most actively traded pairs in the world. The pair is a proxy for whatever dynamics are happening in EUR/USD and GBPUSD considering the Canadian dollar is closely linked to the United States. Britain's pound is the 4th most traded currency in the forex exchange market and is regarded as one of the world's key reserve currencies. The Canadian dollar being a commodity currency is heavily reliant on commodity prices notably oil, so any time oil prices go up, the GBP/CAD pair drops as CAD gains ground, and when the oil becomes cheaper, GBP/CAD has an uptrend, as the CAD loses its support.

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LICENCES AND AUTHORISATIONS

TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda

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