US Dollar vs Canadian Dollar
Contract Details
Contract for Difference
Spread bet
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | US Dollar vs Canadian Dollar (100K USD) |
| MT5 Code | USDCAD |
| Contract Classification | Spot FX CFD |
Contract Specification
| Sector | FX |
| Tenor Period | Spot Contract |
| Maximum Forward Tenor | Spot Contract |
| Contract Size | 100000 |
| Trading Price Quote | CAD/0.0001 |
| Price Digits | 5 |
| Tick Value | 1 |
| Tick Size | 1.0E-5 |
| Minimum Volume | 0.01 |
| Volume Steps [Lots] | 0.01 |
Expiry Trading Overview
| Trading Hours | Sun 10:00pm - Fri 10:00pm |
| Quoting Hours | Sun 10:00pm - Fri 10:00pm |
A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.
Name & Trade Code
| Contract Name | US Dollar vs Canadian Dollar (£/0.0001) |
| MT5 Code | USDCAD.sb |
| Contract Classification | Spot FX SB |
Contract Specification
| Sector | FX |
| Tenor Period | Spot Contract |
| Maximum Forward Tenor | Spot Contract |
| Contract Size | 10000 |
| Trading Price Quote | £/0.0001 |
| Price Digits | 5 |
| Tick Value | 0.1 |
| Tick Size | 1.0E-5 |
| Minimum Volume | 0.1 |
| Volume Steps [Lots] | 0.1 |
Expiry Trading Overview
| Trading Hours | Sun 10:00pm - Fri 10:00pm |
| Quoting Hours | Sun 10:00pm - Fri 10:00pm |